Dwayne Johnson, Founder of Teremana Tequila, Wants to Reduce Ties With His Own Brand, Here’s Why
Follow Us
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.
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.
ADVERTISEMENT
Article continues below this ad
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.
When Did 450lbs Bench-Pressing Dwayne Johnson Last Cry and Why?
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?
ADVERTISEMENT
Article continues below this ad
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.
We’ve officially broken all records in spirits with our @Teremana selling 640,000 cases in one year 🤯🚀🚀
(for context, Casamigos was acquired for $1billion selling 170,000 cases)
We have a BIG announcement next week 🚨
THANK U & enjoy your Mana! 🥃❤️
~ dj
founder
teremana pic.twitter.com/FhrZ8DuizG— Dwayne Johnson (@TheRock) January 24, 2022
ADVERTISEMENT
Article continues below this ad
Trending
Roman Reigns’ Cousin Rikishi Deemed “Horrible Father” After Disrespecting Jimmy Uso’s Wife Naomi & Missing Wedding
May 03, 2024 06:38 AM EDT
“Wyatt 6”: After Erick Rowan’s Signing, Uncle Howdy’s Stable Members Decoded Ahead of Rumored Backlash Debut
May 02, 2024 10:37 AM EDT
Triple H Accused of Disrespecting Cody Rhodes’ AEW Tenure by Walking Out During Live Discussion
May 02, 2024 10:07 AM EDT
Who Is Tama Tonga & Is He Related to Roman Reigns & Dwayne ‘The Rock’ Johnson?
April 13, 2024 02:31 AM EDT
“Political Chips”: Roman Reigns Deemed Backstage Politician After Reports of Killing Cody Rhodes’ Push at WrestleMania Emerge
May 04, 2024 07:02 AM EDT
Get instantly notified of the hottest WWE stories via Google! Click on Follow Us and Tap the Blue Star.
Follow Us
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.
Watch This Story: Lindsey Vonn Partners with Dwayne The Rock Johnson For Exciting Product Launch
Edited by:
Gurjyot Singh Dadial