Spirits entrepreneur and sometime-actor George Clooney cofounded a tequila brand, Casamigos, with his friend, hotelier Rande Gerber, in 2013.
As it turns out, that tequila company was worth wayyyyy more than anyone would’ve guessed: It was just sold to liquor giant Diageo for a whopping $1 billion. The Wall Street Journal estimates Diageo is paying approximately $500 per bottle of the tequila, which retails for about $50 each.
The internet has taken note, and the jokes are flowing in.
We’re just happy that all those years of hard work and uncertainty have paid off for Clooney.