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.
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.
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.
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 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.
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).
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.
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.
Some of its top hits include TV shows like Big Little Lies, Little Fires Everywhere and The Morning Show. She has starred in all three. Witherspoon still owns 18 per cent of the company's shares. Her source of overall wealth is labelled “self-made” through entertainment, and she received a score of eight.
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.
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.
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.
1. Tom Cruise. Tom Crusie is an American actor, and producer best known for his work in Mission: Impossible, and Top Gun Jerry Maguire has been identified as the 2023 highest-paid actor. As per sources, his earnings have reportedly reached around $100 million.
How much does Julia Roberts make for a movie? Roberts was the first woman in Hollywood history to command a $20 million salary per movie, starting with Erin Brockovich.
Bullock typically makes between $10 million and $20 million per film, though there are outliers, including her $5 million payday for The Blind Side (though she ended up making more than that thanks to box office gross bonuses) and her whopping $74 million take-home pay for Gravity.
Why is Reese Witherspoon wearing a wig in Legally Blonde 2?
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).
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.
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.
Unveiling the Hollywood Star's Wealth. Johnny Depp, an iconic Hollywood star, has a net worth of $210 million as of 2023. With 95 films, music videos, and TV projects under his belt, spanning nearly 40 years, Depp is a household name. His films alone have generated a staggering $8.7 billion at the global box office.
And with other brand endorsements and profits, Sandra Bullock with earnings of $70 million has been ranked #1 in the list of Highest Paid Actress of 2023, as per various online sources. The list is followed by Scarlett Johansson, who's earned $56 million so far with Asteroid City and North Star (yet to release).
