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 did Reese Witherspoon make from Hello Sunshine?

According to Forbes, the deal valued Hello Sunshine at a very casual $900 million. Reese herself was expected to collect an estimated $120 million (after taxes) from the sale. Cool-cool-cool.

Does Reese still own Hello Sunshine?

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 Hello Sunshine production company worth?

In August 2021, The Wall Street Journal reported that Hello Sunshine was sold to a private equity group called Blackstone for $900 million. As Deadline noted, "Witherspoon and Hello Sunshine CEO Sarah Harden will join the board of the as-yet-unnamed company and will continue to operate Hello Sunshine."

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.

Reese Witherspoon's Hello Sunshine | TIME 100 Companies

Is Reese Witherspoon nice person?

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.

How much does Reese Witherspoon make from a movie?

Parade reported that $15 million became her standard when making movies. For her TV roles, Witherspoon flourishes with her earnings.

Who is the new owner of Hello Sunshine?

In early August 2021, Witherspoon (after considering selling the company and hearing the interest of Apple) sold part of the company to a Blackstone backed media company, Candle Media, led by former Disney executives Kevin A. Mayer and Tom Staggs for $900 million.

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 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 did Reese sell Hello Sunshine?

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.

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.

Why is Reese Witherspoon the richest actress?

Reese Witherspoon, an Oscar-winning actress and successful entrepreneur, has an estimated net worth of around $400 million. She was named the world's richest actress by Forbes and this wealth largely stems from her groundbreaking production company, Hello Sunshine.

Does Jennifer Aniston like Reese Witherspoon?

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.

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.

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.

How much did Blackstone pay for Hello Sunshine?

Reese Witherspoon sells majority stake in Hello Sunshine to former Disney execs, Blackstone for $900 million. Reese Witherspoon's production company Hello Sunshine has produced shows like the HBO drama “Big Little Lies” and the Apple TV+ series “The Morning Show.”

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 employees does Hello Sunshine have?

Hello Sunshine corporate office is located in 12180 Millennium Fl 5, Los Angeles, California, 90094, United States and has 126 employees.

Did Reese Witherspoon sell her company?

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 businesses does Reese Witherspoon own?

Reese Witherspoon founded Hello Sunshine in 2016, along with Strand Equity founder and managing partner Seth Rodsky. But in 2000, she launched a production company called Type A Films, which merged with producer Bruna Papandrea's Make Movies company in 2012 and became Pacific Standard.

Where is Hello Sunshine headquarters?

Hello Sunshine's headquarters are located at 12180 Millennium Fl 5, Los Angeles, California, 90094, United States What is Hello Sunshine's phone number?

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.

What movie did Reese Witherspoon make the most money?

Does Reese have a prenup?

She didn't have a prenup during her first marriage, but she got one the second time around. With an estimated net worth of $400 million, Reese Witherspoon has a lot to lose form her ongoing divorce from Jim Toth.