Yes, George Clooney with partners Rande Gerber and Mike Meldman are selling their premium tequila brand Casamigos to British beverage company Diageo for $1 billion.

Clooney confirmed the deal:

“If you asked us four years ago if we had a billion dollar company, I don’t think we would have said yes. This reflects Diageo’s belief in our company and our belief in Diageo. But we’re not going anywhere. We’ll still be very much a part of Casamigos. Starting with a shot tonight. Maybe two.”

Not bad for a four year-old brand.

(Photos, Casamigos; via Deadline)