One of Hollywood's wealthiest men just got hundreds of millions of dollars richer.
George Clooney has decided to sell his tequila company Casamigos to Diageo for as much as $1 billion, the company said Wednesday.
SEE ALSO:George Clooney sells tequila with the help of drunken young hipstersThe transaction, which is expected to close in the second half of 2017, will see Diageo initially pay $700 million for Casamigos, possibly paying as much as $300 million morebased on the brand's performance over the next ten years.
Remember Casamigos? The tequila company marketed to hipsters in a grainy, Instagram-able ad campaign in 2015? Clooney said in an email to CNBCthat if you had asked him if he thought he'd have a billion-dollar company when Casamigos (which roughly translates to "house of friends") launched four years ago, he would not have said yes.
Can't say we would have said yes either. However, if you're a fan of Clooney's influence on the brand, don't fret -- both he and his two co-owners will be staying on after the company's acquisition.
"We're not going anywhere," Clooney said. "We'll still be very much a part of Casamigos. Starting with a shot tonight. Maybe two."
Honestly, we need one too.
TopicsCelebrities
(责任编辑：綜合)
Tributes flow after death of former Singapore president S.R. Nathan
'Ocean's 8' movie review: Fizzy summer fun, but not much more
Broccoli coffee is a thing, because you're not eating your vegetables
This adorable little girl's graduation dance will warm your heartDespite IOC ban, Rio crowds get their political messages acrossTesla's rumored P100D could make Ludicrous mode even more Ludicrous
A Tesla Model S P100D begs the question: What's more Ludicrous than Ludicrous?Right now, the biggest
...[详细]Chris Evans trolls Chris Pratt on his birthday, gets the ultimate response
There's only one thing better than an A+ tweet from one of your favourite Hollywood Chris, and that'
...[详细]Americans aren't sold on the idea of returning astronauts to the moon
Interest in the final frontier isn’t going anywhere.Earlier this year, the Pew Research Center
...[详细]
Justice continues to close in on Harvey Weinstein, ever since he surrendered himself to the New York
...[详细]What brands need to know about virtual reality
Virtual reality (VR) is all the rage. Premium publishers like USA Today, the New York Times, and AOL
...[详细]Michael B. Jordan roasts Roseanne Barr at the MTV Awards
Michael B. Jordan just delivered an efficient burn to disgraced star Roseanne Barr.Accepting the awa
...[详细]
While the world's eyes watch Donald Trump and Kim Jong-Un meet in Singapore, journalists have seemin
...[详细]Standardized digital car key would work with iPhone or Android phones
Soon, you may no longer have any use for your physical keychain.A smartphone and car manufacturer co
...[详细]Give your kitchen sponge a rest on this adorable bed
Our kitchen sponges do a lot of work. Don't they deserve a good night's rest?"Sure," said design stu
...[详细]Pornhub rolls out 'Pornhub Nation,' an interactive escape from reality
If you ever wanted to know what the future would look like according to Pornhub, get to Los Angeles
...[详细]Photos show the Blue Cut fire blazing a path of destruction in California
Device makers reportedly had deep access to your Facebook data too
