Reese Witherspoon on why now was the right time to 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.

When 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 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.

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 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 Reese Witherspoon Became The World's Richest Actress | Forbes

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.

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 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 worth?

The house eventually sold for $21.5 million. Here are some photos of Reese Witherspoon's former $21.5 million home in Los Angeles, California. Originally built in 1993, Witherspoon's former estate sits on 3.1 acres of land. The $21.5 million home encompasses 10,343 square feet of living space.

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.

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.

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 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 movie did Reese Witherspoon make the most money?

What companies 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.

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 celebrity owns the biggest house?

1. Bill Gates' $125million house. After seven years in the making, Bill Gates' mega-mansion 'Xanadu 2.0', takes the top spot at a whopping $125 million!

What actor owns the most expensive home?

Where does Reese Witherspoon live now 2023?

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.

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).

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.

Is Reese Witherspoon Natural blonde?

While you probably know and love Reese Witherspoon as a blonde (she is Elle Woods, after all), that's not her natural hair color. The actress and activist recently posted a childhood photo to Instagram, complete with candy necklace, revealing that her natural hair color is actually brown.

Does Reese Witherspoon read a lot?

Reese Witherspoon is a speed-reader; it's a skill that's come in handy for her in more ways than one. She often reads a book every two days while searching for candidates for Reese's Book Club, the monthly list she curates highlighting recent works from female authors.

Does Reese Witherspoon make money from her book club?

so she approached publishers of the books like these. and in exchange for having her book club read the book. so they get the book revenue. she negotiates the rights. to turn these stories into movies or TV shows, which she then shops around to all the major platforms.

How much does it cost to book Matthew McConaughey?

The estimated speaking fee range to book Matthew McConaughey for your event is $200,000 and above. Matthew McConaughey generally travels from Austin, TX, USA and can be booked for (private) corporate events, personal appearances, keynote speeches, or other performances.