The tequila brand Casamigos, co-founded by George Clooney, became the subject of a significant corporate acquisition in 2017. Reports indicate that Clooney initially invested $600,000 into the venture when it was established in 2013. Four years later, the global beverage company Diageo reached an agreement to purchase the brand for a total valuation of $1 billion.

Following the acquisition, it was reported that Clooney received an upfront payment of $233 million as his share of the deal. The transaction highlights the substantial financial growth of the brand during the four-year period between its inception and its sale to the multinational conglomerate. While the figures regarding the initial investment and the final sale price are widely cited, the specific breakdown of the remaining equity distribution among other co-founders remains less emphasized in general reporting.