Reese Witherspoon's Hello Sunshine Sold for $900 Million to Media Company Backed by Blackstone.

What did Reese Witherspoon sell?

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 business did Reese Witherspoon just sell?

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 did Reese Witherspoon make selling her production company?

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.

Why did Reese Witherspoon sell her production 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.

Reese Witherspoon Sells Hello Sunshine Media Company For $900 Million

Is Reese Witherspoon a billionaire?

Witherspoon's reported net worth

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

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.

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 movie did Reese Witherspoon make the most money?

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 does Hello Sunshine make money?

Hit Films and Television Shows

As a production house by nature, Hello Sunshine has produced many hit shows like Big Little Lies, Little Fires Everywhere, and The Morning Show. And each one guaranteed her a hefty paycheck.

Where does Reese Witherspoon have property?

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.

How much was Reese Witherspoon paid for Legally Blonde?

How much did Reese Witherspoon make for Legally Blonde and Legally Blonde 2? It's been reported that, after the huge success of Witherspoon's 2001 comedy hit Legally Blonde—which grossed more than $140 million on an $18 million budget—she signed on to Legally Blonde 2 for $15 million.

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.

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.

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 the richest celebrity in the world?

George Lucas, Star Wars creator and Indiana Jones mastermind, is the richest celebrity in the world.

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.

Is Reese Witherspoon the best paid actress?

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.

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.

How did Reese Witherspoon get so wealthy?

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.

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.

Who is the richest movie actor?

Who is the number one richest actor in the world? Currently, Jami Gertz is the richest actor in the world with a net worth of $3 billion.