Casamigos Net Worth (Updated 2025).

Casamigos, a premium tequila brand, was born out of a friendship between George Clooney, Rande Gerber, and Mike Meldman. These three friends, with a shared love for tequila, decided to create a spirit that they could enjoy together. They spent years traveling to Mexico, tasting and testing different tequilas, until they found the perfect blend that would become Casamigos.

The brand’s fame began to spread when Clooney and Gerber, both prominent figures in the entertainment industry, started sharing their newfound passion with friends and colleagues. Celebrities like Don Cheadle, Cindy Crawford, and even the late President Barack Obama were known to enjoy Casamigos, helping to catapult the brand into the limelight.

Casamigos’ Current Net Worth (2025)

As of 2025, Casamigos’ current net worth is estimated to be around $1 billion. This significant valuation reflects the brand’s success and growth in the spirits industry.

Career

Founded in 2013 by George Clooney, Rande Gerber, and Mike Meldman, Casamigos started as a passion project among friends. The trio initially created tequila blends for personal use but later decided to share their unique creations with the world. In 2017, they sold the brand to Diageo for $700 million, with an additional $300 million based on performance.

Other Ventures

After selling Casamigos, George Clooney and Rande Gerber have not been actively involved in the day-to-day operations of the company. Instead, they have focused on other ventures. Clooney continues his acting career, while Gerber runs his model agency, CALA. Mike Meldman, a real estate entrepreneur, remains dedicated to his development projects.

Assets

Casamigos’ primary assets include its tequila and mezcal production facilities in Mexico, as well as its extensive distribution network and global brand recognition. The company’s portfolio consists of several tequila and mezcal variants, catering to various consumer preferences. Additionally, Casamigos owns the rights to its brand name and trademark, which are significant intangible assets.

Annual Income

In 2021, Casamigos generated an annual income of approximately $300 million. The brand’s revenue has consistently grown since its acquisition by Diageo, demonstrating its strong market position and consumer appeal. Casamigos’ annual income is primarily derived from sales of its tequila and mezcal products, with a significant portion coming from the United States market.

Frequently Asked Questions about  Casamigos

Frequently Asked Questions: Casamigos Net Worth

1. What is Casamigos?

Casamigos is a tequila brand co-founded by George Clooney, Rande Gerber, and Mike Meldman in 2013. The name ‘Casamigos’ translates to ‘house of friends’ in Spanish, reflecting the friendship between the founders.

2. Who are the founders of Casamigos?

The founders of Casamigos are George Clooney, Rande Gerber, and Mike Meldman. Clooney and Gerber are long-time friends, and Meldman is a real estate developer who joined them in the venture.

3. When was Casamigos founded?

Casamigos was founded in 2013.

4. What is the Casamigos net worth?

The latest estimated net worth of Casamigos is $1 billion.

5. How did George Clooney get involved in Casamigos?

George Clooney and Rande Gerber became interested in tequila during their frequent visits to Mexico. They decided to create their own brand with the help of Mike Meldman.

6. What types of tequila does Casamigos offer?

Casamigos offers a range of tequilas, including Blanco, Reposado, Añejo, and Extra Añejo. They also have a Mezcal and a Spicy Mezcal variety.

7. Is Casamigos tequila organic?

Yes, Casamigos tequila is made from 100% Blue Weber agave, which is grown and harvested sustainably in the Jalisco highlands of Mexico. However, it is not certified organic.

8. Who is the distributor of Casamigos tequila?

Diageo, a British multinational alcoholic beverages company, is the global distributor of Casamigos tequila. They acquired a majority stake in the brand in 2017.

9. What is the price range of Casamigos tequila?

The price range of Casamigos tequila varies depending on the type and location. Generally, it falls within the premium to ultra-premium category, with prices ranging from around $50 to $200 per bottle.

10. Has Casamigos won any awards?

Yes, Casamigos tequila has won several awards, including Double Gold at the San Francisco World Spirits Competition and Gold at the Spirits Business Tequila & Mezcal Masters.