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 much did Reese Witherspoon sell her media company for?

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 sell her company Hello Sunshine for?

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.

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 is Reese Witherspoon's company worth?

In 2021, Forbes named her the richest actress in the world after her production company Hello Sunshine sold to Blackstone. The company was valued at $900 at the time and Witherspoon retained an ownership stake of at least 18% and collected $120 million after taxes.

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

Why did Reese Witherspoon sell her company?

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.

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.

How much is Reese Witherspoon's house?

Witherspoon has a soft spot in her heart for her hometown and has bought an $18million Nashville estate, as well a historic home for $4.2million, and a $672,000 modest suburban home. She also bought $5million Brentwood ranch, a much smaller compound compared to her previous homes in the area.

Was Reese Witherspoon the highest paid actress?

Witherspoon, 47, is known for her lead roles in several critically acclaimed films, including The Man in the Moon (1991), Pleasantville (1998), Wild (2014) and Election (1999). The star is also one of the highest-paid actresses in the industry, earning US$35m (NZ$56m) in 2023, according to Women in the World.

How much does it cost to book Reese Witherspoon?

Reese Witherspoon is a keynote speaker and industry expert who speaks on a wide range of topics including Acting, Entertainers and Television & Film. The estimated speaking fee range to book Reese Witherspoon for live events is $200,000 and above, and for virtual events $200,000 and above.

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.

Why is Hello Sunshine worth $900 million?

Engagement means more subscribers, which means more recurring revenue, which means streamers want more content produced by Hello Sunshine. Given this, that $900 million price tag for Hello Sunshine makes a lot more sense. Now accepting applications for Most Innovative Companies.

How much does Reese Witherspoon make per episode?

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 movie did Reese Witherspoon make the most money?

Why Reese Witherspoon is so rich?

She has her own hyper-successful production company, has been acting in movies since she was 14 years old, is a producer, reads tons of books for her book club, has a successful clothing company, *and* is a mother to three children. Oh, she's also literally the world's richest actress according to Forbes, NBD. Reese…

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 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).

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.

How many does Reese Witherspoon have?

Witherspoon shares daughter Ava Phillippe, 24, and son Deacon Phillippe, 19, with ex-husband Ryan Phillippe, as well as son Tennessee James Toth, 11, with her ex Jim Toth. In March 2023 — days before Witherspoon and Toth's 12-year wedding anniversary — the couple announced their divorce.

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.