George Clooney Is Selling His Tequila Business for $1 Billion - NBC Bay Area

George Clooney Is Selling His Tequila Business for $1 Billion

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    AP/File
    Actor George Clooney attends a press conference for the film 'Hail Caesar' at the 2016 Berlinale Film Festival in Berlin, Germany, Thursday, Feb. 11, 2016.

    George Clooney is selling his tequila company Casamigos to Diageo for $1 billion, a source familiar with the situation told CNBC.

    Clooney, Rande Gerber and Michael Meldman, who own Casamigos together, are expected to stay with the company after its acquisition.

    "If you asked us four years ago if we had a billion dollar company, I don't think we would have said yes," Clooney told CNBC via email.