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.

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.

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.

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.

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 Reese Witherspoon Became The World's Richest Actress | Forbes

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.

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).

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 donate to charity?

She is the founder of Draper James, a lifestyle brand that focuses on Southern living. She is also actively involved in women advocacy organizations. Reese Witherspoon's philanthropy efforts are making the difference in children's lives too — through her contributions to Girls Inc. among others.

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.

Who owns Hello Sunshine Reese Witherspoon?

Reese Witherspoon's Hello Sunshine has been sold for north of $900 million to a media company backed by the private-equity firm Blackstone Group Inc. Witherspoon and Sarah Harden, Hello Sunshine's CEO, will join the board of the new company and will continue to oversee day-to-day operations.

Where did Reese Witherspoon get all her money?

Much of that comes from the massive 2021 sale of Hello Sunshine, her mega-successful production company that's behind shows like Big Little Lies, Little Fires Everywhere, and The Morning Show. The company was founded in 2016, so of course Reese had some substantial earnings in her pocket at that point.

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.

What does Reese Witherspoon do for her skin?

The actress, in particular, credits her sunny glow to so many Biossance products. From firming eye cream to a moisturizing lip balm and glow-worthy oil, Reese Witherspoon swears by this clean beauty brand for all of her skin essentials. She's so obsessed that she even became a Global Brand Ambassador of Biossance.

What is Oprah Winfrey's favorite charity?

A significant portion of her giving has flowed through three main charities: The Angel Network, which has been heavily publicized on her show; her own personal foundation, The Oprah Winfrey Foundation; and The Oprah Winfrey Operating Foundation, which exclusively supports her Leadership Academy in South Africa.

Why did Reese Witherspoon wear 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).

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.

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.

What is Johnny Depp worth?

Unveiling the Hollywood Star's Wealth. Johnny Depp, an iconic Hollywood star, has a net worth of $210 million as of 2023. With 95 films, music videos, and TV projects under his belt, spanning nearly 40 years, Depp is a household name. His films alone have generated a staggering $8.7 billion at the global box office.