The sale of Draper James comes two years after Witherspoon sold her media company, Hello Sunshine, in 2021 for more than $900 million to a media company backed by the private-equity firm Blackstone.

What did Reese Witherspoon just sell?

Sometimes, it's incredibly lucrative. Reese Witherspoon proved that in 2021 when she sold Hello Sunshine, the media company she built on the back of her own voracious reading and savvy book rights acquisitions, to Blackstone-backed Candle Media for a reported $900 million.

Why did Reese Witherspoon sell?

Actress Reese Witherspoon said selling Hello Sunshine will allow the company to tell more female-led stories and to hire more female filmmakers. A Blackstone Group-backed venture bought a majority stake in Hello Sunshine.

Is Reese Witherspoon now a billionaire?

Witherspoon's reported net worth

While Witherspoon says she isn't a billionaire, Forbes has her net worth at $440 million.

How much did Reece sell her company for?

Reese Witherspoon Sold Her Production Company For $900 Million, But Is She Really The Richest Actress In The World? Following the sale of Hello Sunshine, Reese Witherspoon's production company, the actress saw her net worth skyrocket among the elite.

How Reese Witherspoon Became The World's Richest Actress | Forbes

What's the net worth of Reese Witherspoon?

In 2021, Forbes named her the world's highest earning actress, and in 2023, she was named one of the richest women in America with an estimated net worth of $440 million. New Orleans, Louisiana, U.S. Witherspoon began her career as a teenager, making her screen debut in The Man in the Moon (1991).

What percentage of Hello Sunshine does Reese Witherspoon own?

Reese Witherspoon sold a majority stake in her production company, Hello Sunshine, to a Blackstone-backed media company in August 2021. The deal valued the company at $900 million. The Legally Blonde star, who still owns an estimated 18% stake in the business, is the world's richest actress.

What company does Reese Witherspoon own?

Hello Sunshine is an American media company founded by actress Reese Witherspoon and Strand Equity Founder and Managing Partner Seth Rodsky in 2016. Pacific Standard, the production company Witherspoon co-founded with Bruna Papandrea in 2012, is now a subsidiary of Hello Sunshine.

How much money did Reese Witherspoon make from Legally Blonde?

According to Parade, Reese made $250,000 for her role in Cruel Intentions in 1999. But a few years later, she was making about 60 times as much (AKA $15 million if you're also bad at math) for Legally Blonde 2.

What does Reese Witherspoon's husband Jim Toth do for a living?

He is a top talent agent.

Witherspoon was reportedly always attracted to the fact that Toth didn't come from the same exact circle of fame. "She loves that he's not a celebrity," a source told People back in 2010.

Who has more money Reese Witherspoon and Jim Toth?

The former co-head of the motion picture talent department at CAA is worth $4 million according to Celebrity Net Worth, while Reese's net worth is $400 million fortune. The Big Little Lies star announced on March 24, 2023, that the pair were splitting after nearly 12 years of marriage.

Where did Reese Witherspoon get all her money?

Much of that comes from the massive 2021 sale of Hello Sunshine, her mega-successful production company that's behind shows like Big Little Lies, Little Fires Everywhere, and The Morning Show. The company was founded in 2016, so of course Reese had some substantial earnings in her pocket at that point.

Does Reese Witherspoon still own Draper James?

Reese Witherspoon's Draper James Sells Majority Ownership to Consortium Brand Partners. Witherspoon continues to own a minority stake and will remain a partner and board member, working with Consortium to guide strategic direction and growth.

What did Reese Witherspoon sell for $900 million dollars?

Reese Witherspoon's Hello Sunshine production company sold for $900 million. Hello Sunshine, the Hollywood production company co-founded by Reese Witherspoon, has sold to a new, unnamed media company backed by Blackstone and led by former Disney executives Tom Staggs and Kevin Mayer, Hello Sunshine said Monday.

How much is Reese Witherspoon worth 2023?

Reese Witherspoon's net worth of $400 million in 2023 is a testament to her talent, hard work, and business acumen. As an actress, producer, and entrepreneur, she continues to inspire and entertain audiences worldwide.

What movie did Reese Witherspoon make the most money?

Who is the richest actress in Hollywood?

Who is the wealthiest self-made actress? In a list of 'America's Richest Self-Made Women' published on Forbes in 2023, Reese Witherspoon was named the richest self-made actress, with a net worth of $440million.

Why is Reese Witherspoon wearing a wig in Legally Blonde?

All of Elle Woods' (Reese Witherspoon's) hair and hairstyles throughout this movie were top-grade wigs due to Witherspoon's shorter hair for Sweet Home Alabama (2002).

When did Reese Witherspoon sell her company?

The sale of Draper James comes two years after Witherspoon sold her media company, Hello Sunshine, in 2021 for more than $900 million to a media company backed by the private-equity firm Blackstone.

Where does Reese Witherspoon live LA?

Well, wonder no more. This article features Reese Witherspoon's $25 million house in the Brentwood area of Los Angeles, California. Around 2020, when Witherspoon starred in the TV mini series Little Fires Everywhere, she also purchased a Brentwood estate for $16 million.

Is Reese Witherspoon separating?

Reese Witherspoon And Jim Toth Have Settled Their Divorce Four Months After Announcing Their Split, And Here Are All The Details.

Where does Reese Witherspoon live most of the time?

As Reese and Jim quietly sold off their California properties, it was expected that they would move back to Tennessee and return to Reese's Southern roots. Adding fuel to the fire, the pair purchased this magnificent fixer-upper mansion in Nashville in 2014.

Who is worth more Jennifer Aniston or Reese Witherspoon?

It may surprise a lot of people, but Witherspoon actually has a higher net worth than Aniston. Currently, Forbes reported that her net worth is around $400 million. And it will just keep climbing.

What is Julia Roberts net worth?

Having graced over 50 films across varied genres, Julia's versatility as an actress is commendable. Whether it's a drama, romantic comedy, or thriller, her charm remains undiminished. Net Worth in 2022: In 2022, Julia Roberts had a net worth of approximately $200 million.