Casamigos Tequila Sale Fetches $1 billion for George Clooney and Company By Pat Evans July 3, 2017 It's not everyday a tequila brand is sold for $1 billion, especially one started by a celebrity . Weeks after Clooney welcomed twins with his wife Amal, the actor announced he sold his tequila brand Casamigos for $1 billion. George Clooney launched Casamigos with real estate tycoon Mike Meldman and entertainment industry businessman Rande Gerber in 2013. In 2009, Clooney was included in Time's annual Time 100 as one of the "Most Influential People in the World". Found insideCasamigos Tequila went from an idea George Clooney had to a billion-dollar sale in four years. It's doable.” “I'm not totally adverse to the idea,” his father said. “Come see me tomorrow, and we'll discuss.” “I'll do that. GEORGE CLOONEY. Interspersed throughout the book are 10 "Cocktail Classics" - from the Bramble to the Bloody Mary; the Tom Collins to the Tequila Sunrise. Whatever the occasion, GVT offers a simple, no-nonsense approach to rustling up something special. Casamigos started as an idea between Clooney and friend Rande Gerber while they were in Mexico. Considering that Casamigos was one of the fastest-growing tequila brands over the last decade, we foresee some serious green in Clooney’s near-future. Casamigos, which means "house of friends" in Spanish, began as a private label for Clooney and his friends Gerber, a nightlife industry veteran, and Meldman, a real-estate mogul who who founded Discovery Land Company. Found inside'Panoramic...entertaining and rich in wondrous detail' Tom Holland 'A towering achievement... Reading this book is like visiting an exhilarating city for the first time' Wall Street Journal Their idea was to make the best-tasting, smoothest Tequila and Mezcal that didn't have to be covered up with salt or Their robust añejo, aged for 14 months, shows intense aromas of toffee and vanilla. Diageo is buying the spirits brand from Clooney and his partners Rande Gerber and Michael Meldman. Brand New. So, a sale. The Blanco is crisp and clean with hints of citrus, vanilla and sweet agave with a long smooth finish . Patron Tequila co-founder J.P. DeJoria comments on Diageo's deal to pay up to $1 billion for Casamigos -- the tequila brand created by George Clooney and Rande Gerber -- and the advice he gave the . Clooney tells CNBC that the sale “reflects Diageo’s belief in our company and our belief in Diageo. According to Business Insider, Clooney and Gerber came up with the tequila idea while they were spending time at their houses in Mexico. Every item on this page was chosen by a Town & Country editor. Best friends George Clooney and Rande Gerber were building adjacent homes at real estate developer Mike Meldman's resort in Los Cabos a few years back, and felt frustrated by the quality of much of the tequila they were drinking. Found insideThe plot of Charlotte Smith’s autobiographical first novel Emmeline (1788) includes the usual thrills of the eighteenth-century courtship novel: abduction, duels, and a “fairy tale princess.” At the same time, the novel satirically ... The idea for the Casamigos tequila company first came about in 2013. Casamigos was co-founded by George Clooney and Rande Gerber. Clooney aficionados can remain calm; the actor claims the trio will still be extremely involved in the future of their agave-based product. $13.17. George Clooney has inked a potential deal to sell his tequila company for $1 billion — more money than his last four films grossed, combined. Found insideA James Beard Award-nominated bartender explores the history and culture of Latin American spirits in this stunningly photographed travelogue—with 100+ irresistible cocktails featuring tequila, rum, pisco, and more. “Ivy’s unique ... Joy. On the rocks, by the shot, at times, straight from the bottle. From her popular dining reviews and renowned blog, LagunaBeachBest.com, here are fun, colorful recommendations on all the best of Laguna Beach from longtime resident Diane Armitage. this link is to an external site that may or may not meet accessibility guidelines. We’ll still be very much a part of Casamigos. The call to be brave isn't just for one person--it's for everyone. Let's All Be Brave is more than a book, it's a battle cry. Clooney launched the tequila company in 2013 with partners Rande Gerber and Mike Meldman. Now, in his captivating, no-holds-barred autobiography, Tony Curtis shares the agony and ecstasy of a private life in the public eye. No simple tell-all, American Prince chronicles Hollywood during its heyday. Following the birth of his and wife Amal Clooney's twins earlier this month, the 56-year-old actor and his business partner, Rande Gerber, are now celebrating the sale of Casamigos Tequila to the . Gerber and Clooney, or Gooney as they're known, aren't leaving Mexico behind, no no. roasted bell margarita. For the ultimate craft cocktails, we partnered with Casamigos - the award-winning, ultra-premium tequila and mezcal label from George Clooney and Rande Gerber. Tequila-filled nights with friends is how Casamigos was born. Clooney, Gerber, and Meldman are expected to remain involved with the company after Diageo completes its acquisition. Patron Tequila co-founder J.P. DeJoria comments on Diageo's deal to pay up to $1 billion for Casamigos -- the tequila brand created by George Clooney and Ran. "If you asked us four years ago if we had a billion dollar company, I don't think we would have said yes," Clooney told CNBC in an e-mail. George Clooney created a tequila company on a whim, and now it's being sold to Diageo for up to $1 billion, CNBC reported Wednesday. This Grapefruit Orange Paloma mixer combines grapefruit and lime juices with just a hint of natural cane sugar to produce a bright, tangy blend with a hint of sweetness. George Clooney's Casamigos business deal. In The Hollywood Reporter's cover story, the director of upcoming film 'Suburbicon' — and noted philanthropist . Maybe two.". Jane Bruce. From New York Times bestselling author Bethenny Frankel, the book that started it all: Naturally Thin. Following actor George Clooney's major success with Casamigos, Dwayne "The Rock" Johnson is also following suit, cashing in on this agave-fueled boom with his company Teremana. Casamigos Tequila Sale Fetches $1 billion for George Clooney and Company By Pat Evans July 3, 2017 It's not everyday a tequila brand is sold for $1 billion, especially one started by a celebrity . It's on track to make 170,000 cases by the end of 2017, according to a press release. Cheers to George Clooney. If this is the first time you're hearing George Clooney owned a tequila company, you're not alone. New Casamigos Tequila Church Key Bottle Opener Metal Green & White. George Clooney and Rande Gerber Sell Casamigos Tequila Company for $1 Billion Diageo purchases the business from actor and his partners By Kendall Fisher Jun 21, 2017 5:05 PM Tags Sam Dangremond is a Contributing Digital Editor at Town & Country, where he covers men's style, cocktails, travel, and the social scene. Tequila-filled nights with friends is how Casamigos was born. We may earn commission on some of the items you choose to buy. Text us for exclusive photos and videos, royal news, and way more. George clooney casamigos. “We remain committed to our brand and look forward to our future with Diageo and continuing our work with our dedicated and passionate Casamigos team.”. The 56-year-old Academy Award-winning actor and his high-profile partners sold their popular booze company Casamigos for the . The company sold to Diageo for $1 billion (£79 million) in June 2017 — a sale that just made . S J p 4 o n s 2 o 3 r H e d Q J M I E L. Watch. Just weeks after welcoming twins with wife Amal, George Clooney is adding a billion dollar business deal to his busy summer. We’ll still be very much a part of Casamigos. Following the birth of his and wife Amal Clooney's twins earlier this month, the 56-year-old actor and his business partner, Rande Gerber, are now celebrating the sale of Casamigos Tequila to the . The sale to British beverage company Diageo will likely be finalized in the second half of 2017. As reported by The Times, Clooney made a . The brand was founded by George Clooney (yes, the actor George Clooney), Rande Gerber (a nightlife entrepreneur, known more as the significant other of supermodel Cindy Crawford) and property developer . Found insideBeer scholars Craig Gravina and Alan McLeod explore the sudsy story of Upper Hudson Valley beer. It was later purchased by Diageo for up to $1 billion in 2017. A stunning collection of over 100 recipes inspired by the heart of Britannia. “The transaction values Casamigos at up to $1 billion, with initial consideration set at $700 million and a further potential $300 million based on a performance linked earn-out over 10 years, reflecting the brand’s exceptional growth trajectory and upside potential,” reads the release. “If you asked us four years ago if we had a billion dollar company, I don’t think we would have said yes,” says Clooney. (Although, Clooney's is a bit more masculine.) Each has a sophisticated and clean look that's fresh and relaxing. Starting with a shot tonight. Rande Gerber tells ABC News he and Clooney were "kind of shocked" by the sale of their tequila company, Casamigos, to British . Their idea was to make the best-tasting, smoothest Tequila and Mezcal that didn't have to be covered up with salt or But we're not going anywhere. Casamigos started as an idea between Clooney and friend Rande Gerber while they were in Mexico. Everyone's least-favorite Batman George Clooney is unloading his tequila company Casamigos to UK-based beverage titan Diageo for around $1 billion. "We'll still be very much a part of Casamigos." George . Starting with a shot tonight. According to Business Insider, Clooney and his longtime friend Gerber came up with the tequila concept when they were spending time at their houses in Mexico. June 23, 2017 George Clooney's Billion-Dollar Tequila The megastar and his partners sold their Casamigos tequila brand to Diageo this week for $1 billion. from France. Found insideRanging freely between present and past, the book features the personal spaces of dozens of private celebrities like Barack and Michelle Obama, David Bowie, Truman Capote, David Hockney, Michael Kors, and Diana Vreeland, and includes the ... orange spice margarita. 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