Dwayne Johnson, Founder of Teremana Tequila, Wants to Reduce Ties With His Own Brand, Here’s Why

Published 10/19/2022, 8:00 AM EDT

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One of the most electrifying actors of all time, Dwayne Johnson, and his life is an inspiring success story. Growing up, he did not always enjoy the riches and faced a lot of struggles. However, he overcame those barriers to grow in life.

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After starting his career as a football player, and not being able to make a name there, Rocky changed his career path to pro wrestling. In pro wrestling, he earned immense fame and became one of the top stars of the WWE. Soon after, he transitioned his career to acting, and later also founded several business ventures.

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After becoming one of the most popular actors in the world, Johnson started his own business ventures such as Seven Bucks Productions, Zoa, Acorns, and Teremana Tequila. However, Teremana Tequila rose up the charts quickly and is currently valued at a massive $3.5 billion.

The tequila brand sold over 600,000 cases of tequila alone in 2021 and boosted its valuation. Now planning to sell the booze internationally, Johnson is coming up with different business plans. Dwayne Johnson recently met with BNN Bloomberg during his visit to Toronto and opened up about his hopes for his alcohol brand.

He said, “We do look down the road five years, 10 years, 15 years. I think you have to because it takes a lot of time to get brands like this up on their feet.” The Rock continued that his aim was to make his brand grow internationally.

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However, he justified his reduced ties with the brand by bringing in lucrative takeover deals. Similar to how Clooney’s tequila brand was acquired for $ 1 billion. And Ryan Reynolds’ Aviation American Gin for $610 million.

Is Dwayne Johnson on his way to becoming a billionaire?

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Dwayne Johnson’s tequila brand’s success story is tremendous. He started his brand in 2020, and in 2021 itself, the brand sold over 600k bottles. Currently valued at a gigantic $3.5 billion, the brand is already ranked among the biggest in the industry.

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As per reports, Johnson approximately holds a 30% share in the company, and with a $3.5 billion valuation, Dwayne Johnson is already a billionaire. However, the claims and reports are not 100% confirmed and are just reports. If the actor enters the mogul’s club, it would have been all over the news. With a huge alcohol brand and one of the most hyped-up films of 2022 nearing its release date, Dwayne Johnson is on a roll.

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Watch This Story: Lindsey Vonn Partners with Dwayne The Rock Johnson For Exciting Product Launch

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Written by:

Shounak Chakrabarti

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Shounak Chakrabarti is WWE writer at EssentiallySports. With a degree in Journalism, he wants to stand tall as an objective journalist. An avid fan of wrestling from childhood, Shounak has followed the sport from its very core and Seth 'Freakin' Rollins just happens to be his favorite wrestler.
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Edited by:

Gurjyot Singh Dadial

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