Reese Witherspoon net worth
Split: 20
What is the net worth of Reese Witherspoon?
Reese Witherspoon is an American actress, producer and entrepreneur. Reese Witherspoon has a net worth of US$300 million. She has won Oscars and Emmy Awards. Reese is also one of the most popular and highest paid artists in the world. She easily earns 20-40 million U.S. dollars each year.
Production company establishment and sales
In 2000, Reese established his own production company Type A Films. In 2012, she merged with Make Movies, a company founded by Bruna Papandrea. The new company was renamed Pacific Standard. Pacific Standard produced the Oscar-nominated films “The Missing Girl” and “Wild”. In 2016, several major events happened to Pacific Standards. First, the company began to produce the HBO series “Big and Small Lies.” Second, Reese became a major shareholder and Bruna Papandrea withdrew from the company. Third, Reese and a private equity executive named Seth Rodsky formed a new company called Hello Sunshine as a joint venture with Otter Media. Pacific Standard becomes a subsidiary of Hello Sunshine.
In February 2019, Steve Jobs’ widow Lauren Powell Jobs made a major investment in Hello Sunshine. At the same time, Otter Media increased its holdings.
On August 1, 2021, a private equity firm backed by the Blackstone Group announced the acquisition of Hello Sunshine. According to reports, the company was sold at a valuation of US$900 million. According to reports, the Blackstone Group acquired Lauren Powell Jobs and Auto Media for US$500 million in cash, and the remaining shares held by Reese and other insiders have been assigned to the newly established entertainment company.
early life
Laura Jeanne Reese Witherspoon was born on March 22, 1976 in New Orleans, Louisiana. When she was born, her father, John Draper Witherspoon, attended medical school at Tulane University. He is an ENT doctor in private practice. Her mother Betty (Reese) Witherspoon has a PhD. Doctor of Education, former Professor of Nursing at Vanderbilt University. At the age of seven, Witherspoon appeared in some TV commercials or local flower shops, which prompted her to learn acting. At the age of 11, she won the first place at the Ten State Talent Fair. Witherspoon is an excellent student and likes to read. She graduated from the all-female Harpeth Hall School in Nashville, where she was a cheerleader. She studied at Stanford University, majoring in English Literature. She dropped out of school to pursue an acting career.
Profession
Reese Witherspoon started her career in 1990 in a movie called “The Man in the Moon” (The Man in the Moon). This role earned her a nomination for best young actress in the Young Artist Award. Later in the same year, she starred in the cable TV movie “Wild Flowers.” In 1992, she starred in another TV movie “The Desperate Choice: Save My Child”, and the following year she starred in the CBS miniseries “Returning to the Lonely Dove”. In 1996, she starred in two major movies, “Fear” with Mark Wahlberg and “Highway” with Brooke Shields.
In 1998, Witherspoon starred in three movies “Overnight Delivery”, “Happy Valley” and “Twilight”. In “Pleasantville”, Internet celebrity Amy La Mare also participated in the movie. Reese and Tobey Maguire starred in a story about teenage brothers and sisters in the 1990s, who magically entered the 1950s TV Serial drama background. She won the Hollywood Youth Award for Best Female Breakthrough Performance for her role in “Pleasantville”.
In 1999, Witherspoon, Sarah Michelle Gellar and future husband Ryan Phillips co-starred in the drama film “Cruel Intentions”.” In the same year, Reese starred in a film adapted from the novel “The Election”, and thus won the Best Actress Award from the National Film Critics Association and the Online Film Critics Association. She was also nominated for the Golden Globe Award and the Independent Spirit Award. In 2000, she starred in “American Psychiatric” and guest-starred in “Little Nicky” and the sixth episode of the TV show “Friends”, where she played the younger sister of the role of Jennifer Aniston.
In 2001, Witherspoon created another peak with the feature film “Legally Blonde” and won the Golden Globe Award for Best Actress. Her next feature film is “Alabama Sweet Home” in 2002, starring actors Josh Lucas and Patrick Dempsey.
The sequel to “Legal Blonde”, released in 2003, earned $90 million at the box office. Witherspoon paid $15 million, making her one of the highest-paid actresses in Hollywood. In 2004, she starred in the movie “Vanity Fair” which was well received. In 2005, she starred in “Walk The Line”, a film depicting the life of singer/songwriter Johnny Cash (Johnny Cash), for which she won multiple awards, including Golden Globes, Oscars Image awards and awards from the Screen Actors Guild and the British Academy of Film.
In 2014, Witherspoon produced and starred in a film adapted from Cheryl Strider’s memoir “Wild”..” Witherspoon described Straid as she hiked 1,000 miles along the Pacific Ridge Trail.
In January 2016, Witherspoon began filming seven miniseries adapted from Liane Moriarty’s best-selling book Big and Small Lies. She created a miniseries with her co-star Nicole Kidman and the show’s director Jean-Marc Vallet.
Witherspoon, along with Jennifer Aniston and Steve Carell, produced and starred in the Apple TV+ series “The Morning Show.” Witherspoon was nominated for the Golden Globe for Best Actress-TV Series and Golden Globe for Best TV Series-Drama for his work in the series. Witherspoon also served as the executive producer of the Apple TV+ series “Truth Be Told” starring Octavia Spencer, which premiered in December 2019 and will be renewed for the second season in March 2020. Witherspoon starred and served as the executive producer of the Hulu miniseries “Small Fires Everywhere”, as opposed to Kerry Washington, adapted from Celeste Ng’s 2017 novel of the same name.
personal life
After co-starring in the movie “Cruel Intentions” in 1999,” Reese started dating Ryan Phillips. They got married and stayed together very quickly until they gave birth to two children in 2006. Their divorce was finalized in 2008. She then dated Jack Gyllenhaal for a while.
In 2011, Reese married Jim Toth, the director of entertainment. Toth served as the co-head of the Creative Artists Agency’s film talent department, where he represented clients such as Matthew McConaughey and Scarlett Johansson. They met at a party and got engaged less than a year later. In March 2019, Toth left CAA and became the head of content acquisition for the short video platform Quibi.
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Salary and income highlights
Since the early 2000s, Reese Witherspoon has been one of Hollywood’s highest paid actresses. One of Reese’s biggest early salaries was the $200,000 she earned in 1996 in “Fear.” Three years later, she made $250,000 with her “cruel intention” in 1999, the role that arguably got her on the map. Her first multi-million dollar salary came from a “legal blonde” in 2001. The success of the legal blonde brought her salary to $12.5 million in Sweet Home, Alabama in 2002. In 2003, she made $15 million with “Legal Blonde 2”. She also won her first executive producer honor for the sequel. Since then, the standard minimum base salary for each of Reese’s films has been $15 million. Between 2001 and 2012 alone, her basic film salary exceeded 120 million U.S. dollars. So far, her film remuneration totals up to 250 million U.S. dollars.
Apple TV salary
Because of her role in the Apple TV show “Morning Show”, Reese and her co-star Jennifer Aniston earn $1.25 million per episode. At the time of writing, this is the fifth highest amount ever paid to an actor per episode.
Between August 2017 and August 2018, Reese earned US$20 million in film salaries, production income and endorsements. Between August 2018 and August 2019, she made 35 million U.S. dollars.
Reese Witherspoon Real Estate
In 2014, Reese spent $12.7 million to buy a large house in the Pacific Palisades community in Los Angeles. At the time of purchase, the construction has not yet been fully completed. Reese continues to spend millions of dollars on upgrades, including a guard station that is manned 24 hours a day, to the chagrin of her neighbors. She put the house on the market for less than 20 million U.S. dollars in 2016, but did not succeed. Fast forward to April 2020, and she finally found a buyer for $17 million.
In August 2019, Reese bought a house in the mountains of Malibu for US$6.25 million. She owns several properties in her hometown of Nashville, Tennessee, and owns a multimillion-dollar mansion in a members-only gated community in the Bahamas.
