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.

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 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.

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.

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 Reese Witherspoon Became The World's Richest Actress | Forbes

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 was John Witherspoon worth when he died?

John Witherspoon was an American comedian and actor who had a net worth of $4 million at the time of his death in 2019.

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.

How much was Reese Witherspoon paid for 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 😭.

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.

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.

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.

Who is the CEO of Hello Sunshine?

While serving as president at Otter Media, Sarh Harden oversaw the formation and growth of media and production company Hello Sunshine in 2017. Reese Witherspoon, Hello Sunshine's founder, tapped Harden as CEO in 2017.

Who is Reece owned by?

The company is 70% owned by the Wilson Family.

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.

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.

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.

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.

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.

What clothing company does Reese Witherspoon own?

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.

What movie did Reese Witherspoon make the most money?

How many slaves did John Witherspoon have?

As a result of his marriage, Witherspoon almost instantly became one of the wealthiest men in New Bern, owning one hundred and thirteen slaves—more than any other slaveholder in the county. [16] Through his marriage to Mary, Witherspoon also acquired the large and productive Pembroke Plantation.

What did John Witherspoon have to lose?

In November 1777, as British forces neared, Witherspoon closed and evacuated the College of New Jersey. The main building, Nassau Hall, was badly damaged, and his papers and personal notes were lost.