Miles Teller Celebrates Major Business Win with $325 Million Brand Sale
Acclaimed actor Miles Teller, renowned for his standout roles in 'Whiplash' and 'Top Gun: Maverick', is marking a significant business achievement. The 39-year-old star has successfully sold his minority stake in the Finnish-style canned cocktail brand Long Drink, as part of a substantial acquisition valued at $325 million. This strategic move highlights Teller's savvy beyond the silver screen, yet he firmly asserts that his primary focus remains firmly on his acting career.
Teller Expresses Pride and Confirms No Retirement Plans
In an exclusive interview with The Hollywood Reporter, Miles Teller shared his immense pride in the accomplishment, though he opted to keep the specifics of his personal financial gain private. "I've been feeling very proud. I'm very excited for our founders," Teller stated. "How cool for them to come from a country where they don't export a lot of things on the global stage. But this drink, their national beverage, for them to bring this product here that they believed in and to scale it and grow it organically, it's the true American dream."
When pressed about the monetary details of the deal, Teller maintained his characteristically understated approach. "I don't really talk numbers. I was always taught that's not in good taste. All I'll say is that I'm not retiring from acting anytime soon," he emphasized, reassuring fans of his continued dedication to the craft.
Background of the Investment and Future Production Ambitions
Miles Teller initially acquired his minority stake in Long Drink back in 2019. By 2024, Forbes reported that he had expanded his ownership share in the company, which also boasts high-profile investors such as Jay-Z's Marcy Venture Partners. This successful exit not only represents a financial milestone but also opens new avenues for Teller's professional aspirations.
The actor elaborated on how this payout could enhance his role as a producer. "Yeah, I think if anything, I've gravitated toward underdog stories. I really like chip-on-the-shoulder characters, odds stacked against you. This gives me a lot of confidence to trust my instincts. I've been producing for the last several years. It certainly helps," Teller added, indicating a potential shift towards more behind-the-scenes creative control.
Wife Keleigh Teller Shares Excitement and Continued Involvement
Supporting the venture, Miles Teller's wife, Keleigh, took to Instagram to express her enthusiasm about the acquisition. She clarified that the couple would maintain an active connection with the brand moving forward. "Excited to announce our very first company we created has been acquired by Mark Anthony. BUT we're just getting started! We will still be involved and can't wait to keep growing Long Drink everywhere. This company brought us together with so many of our dearest friends on this journey. We are so grateful to everyone who has been along for the ride," she wrote.
A Quietly Successful Hollywood Business Venture
For Miles Teller, the sale of Long Drink stands as a notable milestone in what has evolved into one of Hollywood's more discreetly successful celebrity business endeavors. This achievement underscores the actor's multifaceted talents and strategic investments, all while he continues to captivate audiences with his on-screen performances. The deal not only bolsters his financial portfolio but also reinforces his commitment to storytelling, both in front of and behind the camera.
