[Blind Gossip] As if there weren’t enough celebrities pushing back against President Donald Trump, this very famous actor may be about to jump into the fray!
Why now? Well, he has a side business. And that side business manufactures in Mexico.
He’s upset about the possibility of NAFTA being renegotiated or dissolved. They can’t afford to move manufacturing from Mexico to the United States and still be profitable. He can’t make it obvious that it’s all about his wallet, though, so he’s got to find some sort of racist or humanitarian angle to play. It will also be an interesting test of his political acumen. He might even throw [discussion of] The Wall in there if he thinks it will get more people worked up about it.
So it sounds like his public appeal may be about social justice… but his private motivations are financial and political. Should be interesting!
Similar: In The Bushes
[Optional] Do you think that renegotiating NAFTA and building The Wall will be good or bad for The United States? Please keep your comments civil.
Actor: George Clooney
Actor George Clooney is a part owner of a tequila company called Casamigos.
He and his partners did NOT want to see Donald Trump become president.
They knew that Trump opposed NAFTA (The North American Free Trade Agreement), and if elected, would likely try to modify, renegotiate, or eliminate the Agreement.
They knew that if that happened, their Mexican tequila company’s profits would suffer.
Although Casamigos was only four years old and had a lot of room for growth, significant changes to NAFTA would have dramatically changed their production, distribution, and pricing models and significantly reduced the value of the company.
They were unable to stop Trump from getting elected. So, right after Trump was sworn in, and before any changes to NAFTA were made, Clooney and his partners started working on selling their company.
It was just announced that he and his partners (including Cindy Crawford’s husband Rande Gerber) sold Casamigos to Diageo in a deal potentially worth as much as $1 billion.
From ABC News:
George Clooney, partners sell tequila company for $1 billion
George Clooney won’t have to worry about a college fund for his newborn twins.
The Oscar winner just sold his tequila business with partners Rande Gerber and Michael Meldman to British company Diageo for $1 billion, ABC News has confirmed.
“If you asked us four years ago if we had a billion-dollar company, I don’t think we would have said yes,” Clooney said in a statement. “This reflects Diageo’s belief in our company and our belief in Diageo.”
CNBC first reported on the deal, in which Diageo will pay an initial $700 million, with the potential for another $300 million over 10 years based on the tequila’s performance.
Clooney made it clear that although he and his partners sold the company, they will still be involved.
“We’re not going anywhere,” he said in his statement. “We’ll still be very much a part of Casamigos.”
The three friends started the company, which translates to “house of friends,” as a private collection of tequilas meant just for their friends and family. But in 2013, they took the company public and Gerber, the husband of supermodel Cindy Crawford, told CNBC, “It immediately took off.”
After the sale, Clooney was lauded for his good fortune.
Actor and director Albert Brooks joked on Twitter that “it’s great when someone like that can catch a break.”
So, now you know that there were about a billion reasons for George Clooney to oppose President Trump’s election and policies.
Fortunately for George Clooney, he got out on top. He and his partners were able to sell their company at a significant profit.
Congratulations to Goodgollyholly for being first with the correct response!