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.
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.
How much did Reese Witherspoon's company sell for?
Hollywood hyphenate and Academy Award winner Reese Witherspoon has agreed to sell her Playa Vista-based media company, Hello Sunshine, for more than $900 million to a new company backed by private equity firm Blackstone Group Inc. The deal, which was announced Aug.
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.
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.
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.
Something that surprised Guyton after meeting Witherspoon was that "she really is that nice person that you see" on the big screen. "You know, they say don't ever meet your heroes. I usually run. I literally do run away from massive celebrities like her," Guyton said of the "Sweet Home Alabama" star.
The house eventually sold for $21.5 million. Here are some photos of Reese Witherspoon's former $21.5 million home in Los Angeles, California. Originally built in 1993, Witherspoon's former estate sits on 3.1 acres of land. The $21.5 million home encompasses 10,343 square feet of living space.
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.
She earns $1.25 million per episode for her work on “The Morning Show.” She has been nominated for many acting awards and won the Academy Award for Best Actress for her portrayal of June Carter in the film “Walk the Line” in 2005. She also has a star on the Hollywood Walk of Fame.
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.
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.
Draper James is a clothing line launched by actress Reese Witherspoon, founded in 2015. A nod to Witherspoon's Southern upbringing, the line aims to "emphasize [Witherspoon's] southern roots and personal style". The name is in honor of Witherspoon's grandparents, Dorothea Draper and William James Witherspoon.
According to Forbes, Reese Witherspoon is worth an estimated $400 million today. But her salary from acting in successful films throughout her career are not enough to reach that impressive net worth. Her secret lies in a production company she founded back in 2012 and was acquired by Blackstone in 2021.
She's also among the highest-paid female actors in the industry, having earned a whopping $35m (£28m) in 2023, according to Women in the World's website.
How much did Reese Witherspoon make from Sweet Home Alabama?
Her role in Sweet Home Alabama earned her a sliiiightly smaller payday of just a cool $12.5 million, which would legit make me want to punch the air if it weren't for the fact that Reese is truly just so likable 😭.
Jen and Reese have been friends for many years, so it's no surprise they show support for each other's various ventures. Speaking of her admiration for Reese, Jennifer gushed: "I just look at her and I think, You absolutely exhaust me, just looking at your plate.
If you thought Reese Witherspoon's Tennessee accent was spot-on as June Carter Cash in "Walk the Line," it's because she grew up in Nashville. Actors often work hard to lose Southern accents -- until a part calls for one.
Do Robert Pattinson and Reese Witherspoon get along?
Besides the fact that they're good friends, Witherspoon certainly empathizes with Pattison and his current troubles. In 2006, her ex-husband and "Cruel Intentions" co-star Ryan Phillippe allegedly had an affair with Australian actress Abbie Cornish. She's since remarried to Jim Toth last year – at her Ojai ranch!
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.
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.
