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George Clooney Sold His Tequila Company for $1 Billion and the Jokes Write Themselves

Spirits Entrepreneur George Clooney | © Denis Makarenko/Shutterstock
Picture of Kathryn Maier
NYC Food & Drink Editor
Updated: 22 June 2017
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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.

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