Diageo: Behind the planet's biggest alcohol brands

George Clooney got rich off his movies. right now his tequila business is actually creating him even richer.

The actor is actually selling his Casamigos tequila brand to Diageo, the owner of Johnnie Walker, Smirnoff along with Cîroc, for up to $1 billion.

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“If you asked us four years ago if we had a billion dollar company, I don’t think we would likely have said yes,” Clooney said in a statement.

The “Ocean’s Eleven” star (along with, as of This specific month, father of twins) launched the brand with two partners in 2013. He plans to stick around after the sales closes.

“We’re not going anywhere. We’ll still be very much a part of Casamigos. Starting using a shot tonight. Maybe two,” Clooney said.

Diageo (DEO), which is actually based inside the U.K., said in a statement that will Clooney along with pals will remain involved in promoting the brand, as well as handling “leadership along with vision.”

The spirits giant will pay $700 million for Casamigos upfront, with the option for one more $300 million based on the brand’s performance over the next 10 years.

Related: the planet’s most valuable liquor company is actually right now Chinese

“This specific is actually an exciting opportunity for Diageo to strengthen its participation inside the fast growing tequila category, as well as expand the brand internationally,” the company said.

Cheers, George. You’re having a solid June.

— sy88pgw’s Chloe Melas contributed to This specific report.

sy88pgw (brand new York) First published June 21, 2017: 2:44 PM ET