Reese Witherspoon
"Little Miss Type A"
Current Networth - $400 Million
Personal Stats
Name | Reese Witherspoon |
---|---|
Role | Actress, Producer, Entrepreneur |
Industry | Entertainment |
Net Worth | $400 Million |
Accolades | 2x Golden Globe Awards, 2017 Primetime Emmy Award, 2x Critics Choice Awards |
Related People
Table of Contents
- About Reese Witherspoon
- Businesses Owned
- Early Life
- Family
- What Is Reese Witherspoon’s Net Worth?
- What is Reese Witherspoon’s Claim to Fame?
About Reese Witherspoon
Reese Witherspoon is an award-winning American actress, producer, and entrepreneur known for her versatility and influential presence in Hollywood. Born on March 22, 1976, in New Orleans, Louisiana, she gained widespread recognition for her roles in films like Legally Blonde, Walk the Line (for which she won an Academy Award), and Wild. Beyond acting, Witherspoon is a powerhouse in producing through her company Hello Sunshine, which focuses on female-led stories, with hits like Big Little Lies and The Morning Show. Beyond her entertainment career, she is an advocate for gender equality and literacy, often engaging in philanthropy and activism.
Businesses Owned
Type A Films
Hello Sunshine
Reese's Book Club
Draper James
Early Life
Reese Witherspoon was born on March 22, 1976, in New Orleans, Louisiana, and raised in Nashville, Tennessee.
- Reese excelled in school and developed an early love for reading and storytelling.
- At the age of seven, Reese Witherspoon appeared in her first commercial, sparking an interest in acting.
- Witherspoon attended the prestigious Harpeth Hall School for Girls in Nashville, where she was a high achiever.
- Reese studied English literature at Stanford University before pursuing acting full-time.
Family
Reese Witherspoon comes from a very academically focused household.
- Reese's father, John Draper Witherspoon, was a student at Tulane University Medical School.
- Her father was born in Georgia and served as a lieutenant in the United States Army Reserve.
- Reese's mother, Mary Elizabeth "Betty" Witherspoon, was from Harriman, Tennessee.
- Her mother was a professor of nursing at Vanderbilt University and had a PhD in pediatric nursing.
- Her parents are still legally married, however, they separated in 1996.
- In 1999, Reese married Ryan Phillippe, and they were together until 2006 after having two children together.
- In 2011, Reese married entertainment executive Jim Toth. They had a son together in September 2012. However, the couple divorced in March 2023.
Laura Jeanne Reese Witherspoon, better known as Reese Witherspoon, is an American actress and producer, who has amassed an impressive net worth of around $400 Million. Her wealth has been significantly bolstered by her production company, Hello Sunshine, which was valued at around $900 Million in 2021. Additionally, her acting roles in successful films and television series and ventures like her clothing brand Draper James have contributed to her substantial financial standing. Let's closely examine how the actress has built such an incredible net worth.
Net Worth | $400 Million |
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Yearly Income | $40 Million |
Profession | Actress, Producer, Entrepreneur |
Nationality | American |
No. of Houses | 5 |
No. of Cars | 10+ |
What Is Reese Witherspoon’s Net Worth?
As of December 2024, Reese Witherspoon has an estimated net worth of a staggering $400 Million as per the Cosmopolitan.
She gained her net worth largely due to her successful acting, producer, and entrepreneur career. Witherspoon’s wealth is bolstered by her impressive film earnings, television projects, brand endorsements, partnerships, and her ownership of the media company Hello Sunshine. Her diverse business ventures, including her lifestyle brand Draper James, and book club, have further contributed to her financial success.
Reese Witherspoon's acting career began with modest earnings but quickly grew as she gained fame. For her role in Cruel Intentions in 1999, Witherspoon took home just $250,000 for the movie. In Legally Blonde (2001), she earned around $1 Million for her breakout role as Elle Woods. For her Oscar-winning performance as June Carter Cash in Walk the Line (2005), she earned $15 Million, one of her highest-paid roles at the time. In Wild (2014), she earned approximately $10 Million for her portrayal of Cheryl Strayed, which also earned her another Oscar nomination. Her earnings from other films, such as Four Christmases (2008), Water for Elephants (2011), and This Means War (2012), were also substantial, often in the $10- $20 Million range per project. In 2017, Forbes reported that Reese Witherspoon's career earnings exceeded $198 million, making her the highest-paid primetime Emmy nominee that year. In 2019, she was also included in Forbes' list of the World's 100 Most Powerful Women.
Beyond acting, Witherspoon’s net worth has been significantly boosted by her ventures as a producer. Through her company Hello Sunshine, she produced the hit HBO series Big Little Lies and the Apple TV+ series The Morning Show. According to Forbes, Reese reportedly earned $1 Million per episode for the second season of Big Little Lies, totaling $7 Million for the seven episodes.
In August 2021, Reese Witherspoon sold a 70% majority stake in Hello Sunshine, a company worth $900 Million to Blackstone-backed Candle Media, led by former Disney executives Kevin Mayer and Tom Staggs. However, Witherspoon and CEO Sarah Harden retained stakes and board seats in the company. Reese is believed to own 18% of the new firm. Witherspoon's business ventures also include her lifestyle brand Draper James, which she founded in 2015, and Reese’s Book Club, a monthly book recommendation platform. These entrepreneurial pursuits, along with profitable brand endorsements such as partnerships with Avon and Biossance, have played a significant role in her impressive net worth.
What is Reese Witherspoon’s Claim to Fame?
Academy Award-winning actress Reese Witherspoon's claim to fame stems from her successful career as an actress and producer. Let's have a close look at some of the impressive details of the significant events that helped Reese Witherspoon in gaining fame.
- The Man in the Moon (1991)- In 1991, Reese Witherspoon auditioned for a small role in The Man in the Moon but was cast as the lead, Dani Trant, a 14-year-old girl who falls in love for the first time. The film, set in Louisiana, marked her breakthrough performance, earning praise from critics, including Roger Ebert, who called her first kiss scene "one of the most perfect little scenes I've ever seen." Witherspoon was also nominated for a Young Artist Award for Best Young Actress for her role.
- Breakthrough with Cruel Intentions(1999)- Reese Witherspoon's breakthrough role came in 1999 with the film Cruel Intentions, where she played Annette in the film, which helped launch her mission to improve female representation in movies. The movie, a modern adaptation of Les Liaisons Dangereuses, was a commercial success and helped establish Witherspoon as a rising star in Hollywood. For her role in Cruel Intentions, Witherspoon took home just $250,000 for the movie. However, her performance in the film showcased her ability to handle both drama and comedy, marking the start of her successful career in the entertainment industry.
- Legally Blonde (2001)- Reese Witherspoon gained worldwide fame with her role as Elle Woods in Legally Blonde, a comedy that became a cultural phenomenon. Her portrayal of the determined, smart, and stylish Harvard Law student turned Witherspoon into a household name. Legally Blonde was a box-office hit, grossing around $96 Million domestically. Witherspoon was paid $15 Million for the role, consistently making her one of Hollywood's highest-paid actresses between 2002 and 2010. The film earned her a second nomination for Best Actress at the Golden Globes, and an MTV Movie Award for Best Comedic Performance.
- Oscar-Winning Performance in Walk the Line (2005)- Reese Witherspoon won the Academy Award for Best Actress for her portrayal of June Carter Cash in Walk the Line, a biographical film about Johnny Cash. Her performance earned her critical acclaim and solidified her place as a leading actress in Hollywood. She earned $15 Million for her role in the film. She won Best Actress at the Academy Awards, Golden Globes, British Academy Film Awards, and a Screen Actors Guild award for her performance.
- Oscar-Nominated Role in Wild (2014)- Reese Witherspoon produced and starred in the biographical adventure Wild (2014), a film based on Cheryl Strayed's memoir about hiking the Pacific Crest Trail. Witherspoon received her second Oscar nomination for her role as Cheryl Strayed in Wild. She earned approximately $10 Million for her role in the film. The performance was widely praised and further showcased her range as an actress.
- Founding Hello Sunshine- Hello Sunshine is a media company, worth $900 Million founded in 2016 by actress Reese Witherspoon and Strand Equity founder and managing partner Seth Rodsky. The company is dedicated to female authorship across various storytelling platforms, including film, television, books, social videos, and audio.
- The Morning Show- Reese Witherspoon stars and produces The Morning Show, an Apple TV+ drama series that premiered in November 2019. The series explores the dynamics of a fictional morning news program, focusing on the personal and professional challenges faced by the show's anchors and producers. Witherspoon plays Bradley Jackson, an ambitious reporter who is thrust into the spotlight after a scandal shakes up the network. The show also stars Jennifer Aniston as Alex Levy, the veteran host of the morning show, and Steve Carell as Mitch Kessler, a former anchor accused of sexual misconduct. The Morning Show received critical acclaim, particularly for its performances, with Aniston and Witherspoon earning Emmy nominations for their roles.
- Selling Hello Sunshine- In August 2021, Reese Witherspoon sold a majority stake in Hello Sunshine to Blackstone-backed Candle Media, led by former Disney executives Kevin Mayer and Tom Staggs. This venture has been behind hit projects such as Big Little Lies and The Morning Show, further establishing Witherspoon as a successful producer and media mogul.
What Businesses does Reese Witherspoon Own?
The famous Hollywood legend, Reese Witherspoon earns a significant amount of his wealth through his various business ventures and investments. Let's take a look at some of the most impressive details of Witherspoon's business ventures and investments.
- Type A Films- In 2000, Reese Witherspoon and Debra Siegel founded Type A Films, a film production company, which aimed to produce quality films for young women The name "Type A" was inspired by Witherspoon's early nickname, "Little Miss Type A.” In 2012, Type A Films merged with Bruna Papandrea's Make Movies to form Pacific Standard, which produced notable films such as Gone Girl and Wild. In November 2016, Witherspoon, Seth Rodsky, and Otter Media established Hello Sunshine, with Pacific Standard becoming a subsidiary.
- Hello Sunshine- In November 2016, Reese Witherspoon joined forces with Otter Media, a joint venture between The Chernin Group and AT&T, to create Hello Sunshine, a media company focused on producing female-driven content across film, television, and digital platforms. The company has produced several notable projects, including the HBO series "Big Little Lies," the Apple TV+ series "The Morning Show," and the Hulu series "Little Fires Everywhere.” In August 2021, Reese Witherspoon sold a 70% of majority stake in Hello Sunshine to Candle Media, a new media company backed by Blackstone, led by former Disney executives Kevin Mayer and Tom Staggs, for $900 Million. Witherspoon and CEO Sarah Harden retained stakes and board seats in the company. Reese is believed to own 18% of the new firm.
- Reese's Book Club- In 2017, Reese Witherspoon launched Reese's Book Club, inspired by the book recommendations she shared on her Instagram. Each month, she selects books featuring strong female protagonists, spanning various genres such as women's fiction, thrillers, and romance. Some notable picks included "The Guest List" by Lucy Foley, "Untamed" by Glennon Doyle, and "His Only Wife" by Peace Adzo Medie. In addition to the monthly picks, Reese's Book Club engages with readers through social media platforms like Instagram and Facebook, where they share updates, discussions, and author interviews.
- Draper James- In May 2015, Reese Witherspoon launched Draper James, a retail brand that blends fashion and home décor inspired by the American South. Named after her grandparents, Dorothea Draper and William James Witherspoon, who deeply influenced her, the brand initially launched online before opening its first store in Nashville, Tennessee, Witherspoon's hometown. Some products are designed and manufactured in-house. In September 2023, a 70% percent Draper James stake was acquired by Consortium Brand Partners, a company that also owns the brand Outdoor Voices.
What Brands Does Reese Witherspoon Endorse?
“The Little Fires Everywhere” actress Reese Witherspoon earns a significant amount of her impressive wealth through various profitable brand endorsement deals and partnerships. The brands endorsed by the Hollywood actor include-
- Biossance- In June 2021, Reese Witherspoon became the global brand ambassador for Biossance, a skin-care brand and ingredient supplier brand. This partnership, spanning five years, involves Witherspoon collaborating with Biossance to promote its commitment to transparency, science-driven innovation, and environmentally friendly skincare solutions. She has expressed particular admiration for products like the Squalane + Vitamin C Rose Oil and Squalane + Omega Repair Cream, which she incorporates into her skincare routine. In an Instagram video, Witherspoon shared her four-step routine for achieving a dewy summer glow, featuring Biossance products.
- Avon Products- In August 2007, Reese Witherspoon was appointed as Avon's first-ever Global Ambassador. Witherspoon's responsibilities included acting as a spokeswoman for Avon's beauty brands as well as participating in philanthropic initiatives. In this role, she served as the honorary chair of the Avon Foundation, a charitable organization dedicated to women's causes, including breast cancer research and the prevention of domestic violence.
- Elizabeth Arden- In March 2017, Reese Witherspoon joined Elizabeth Arden as their Storyteller-in-Chief, collaborating on advertising campaigns and marketing programs to shape the brand's narrative. In 2019, Witherspoon partnered with Elizabeth Arden for the "March On" campaign, introducing a limited-edition lipstick to support gender equality. The lipstick, signed by Witherspoon, was sold with 100% of proceeds donated to UN Women. Witherspoon has said that Elizabeth Arden's Retinol Ceramide Capsules "really changed the tone of (her) skin".
- Otter Media- In November 2016, Reese Witherspoon partnered with Otter Media, a joint venture between The Chernin Group and AT&T, to launch Hello Sunshine, a media company dedicated to producing female-driven content across film, television, and digital platforms. This venture evolved from Witherspoon's earlier production company, Pacific Standard, which became a subsidiary of Hello Sunshine.
- Crate & Barrel- In October 2017, Reese Witherspoon partnered with retailer Crate & Barrel as their brand ambassador, collaborating through her lifestyle brand, Draper James. This collaboration produced several home decor and entertaining collections, blending her Southern upbringing and personal style. Notable releases include the "Indigo Vine" tabletop collection in 2018, featuring navy and white floral patterns, and the "Willow" bedding collection in 2019, offering duvet covers, pillow shams, and sheets with classic blue and white leaf patterns. These collections were available in Crate & Barrel stores and online, as well as in select Draper James locations.
- Oui- In August 2022, Oui by Yoplait announced a multi-year partnership with Reese Witherspoon's media company, Hello Sunshine, and best-selling author Eve Rodsky. This collaboration aims to encourage women to "Say Oui" to intentional living by prioritizing personal time and creative expression. As part of the initiative, they released a three-part video series titled "Say Oui to Me.” Reese Witherspoon emphasized its potential to inspire women to find their creative passions and prioritize self-care.
- Blue Buffalo- In December 2023, Reese Witherspoon's media company, Hello Sunshine, partnered with Blue Buffalo to launch "Reese's Bark Club," an initiative inspired by Witherspoon's nieces and their new Papillon puppy, Bauer. This collaboration celebrates the bond between readers and their pets, aligning with findings that 70% of Reese's Book Club members enjoy reading with their animals.
- Buick Wildcat Concept EV- In August 2022, Reese Witherspoon was associated with Buick's Wildcat Concept EV, a vehicle that was featured in a 90-second campaign with the actress. The “Dream with us” campaign highlighted the concept of electric cars in a variety of ways, including valet parking and self-driving. The Wildcat Concept EV also could change its exterior color, similar to a mood ring.
How does Reese Witherspoon spend her Millions?
Reese Witherspoon spends her millions on a mix of real estate, business ventures, and personal indulgences. She has invested in several high-end properties, including homes in Los Angeles and Nashville, as well as luxurious renovations. Witherspoon also channels her wealth into her successful production company, Hello Sunshine, which mainly focuses on female-led stories in film and television. Additionally, she has also made significant investments in various startups and has partnered with top-notch brands, further building her impressive financial portfolio. Beyond her career and business investments, she enjoys the finer things in life, including designer fashion and travel.
Reese Witherspoon’s Real Estate Portfolio
The “Wild” actress Reese Witherspoon owns multiple impeccable properties in the United States. Let's have a look at some of the most impressive details of the star actress’s luxurious residence and properties.
- Mansion in Mandeville Canyon, Los Angeles- In March 2020, Reese Witherspoon and her then-husband Jim Toth purchased an English Country-style manor sitting on three acres for almost $16 Million. The 9,504 square feet mansion features a 7-bedroom, 9-bathroom, high ceilings interior, custom-designed walls, and wooden flooring in each room. However, in May 2022, Reese Witherspoon sold the mansion for $21.5 Million.
- Manor home in Nashville- In July 2018, Reese Witherspoon and her then-husband Jim Toth purchased a spectacular estate in Nashville for $3.76 Million. Built-in 1937, the soaring manor home sits on 1.23 acres in the old-money Belle Meade area of Nashville. The 8,399 square feet manor boasts a 6-bedroom, 8-bathroom, a large swimming pool, lush gardens, a media room, an office, a screened sun porch, and more. However, according to the Dirt, in October 2022, the couple sold the manor for $7.35 Million.
- Zuma Farms in Malibu- In August 2019, Reese Witherspoon spent $6.25 Million to acquire a property called Zuma Farms in the hills of Malibu. Originally built in 1950 and extensively renovated, this five-bedroom, five-bathroom home is situated on 1.86 acres in the hills overlooking Zuma Beach, nestled at the end of a private gated driveway. In November 2020, Reese Witherspoon sold the mansion for $6.7 Million. The property was also listed for rent a few times in 2022, asking between $45,000 and $50,000 per month, according to Zillow.
- Mansion in Pacific Palisades, Los Angeles- In 2014, Reese Witherspoon purchased a 10,000 square-feet mansion for $17 Million from Ken Unger, who is known as an architect to the stars. The colonial-style mansion boasts five bedrooms, a picture-perfect kitchen, and a master suite with a sitting room. In April 2020, Mansion Global reported that actress and producer Reese Witherspoon and her then-husband, Jim Toth, sold their home to heiress Robin Formanek and John Cianciolo for about $20 Million in an off-market deal.
- Ranch property in Ojai, California- In 2006, Reese paid $3.955 Million for a Spanish Colonial-style historic ranch property in Ojai, California. The 7-acre property includes a 5,000-square-foot main house, a pool and spa, horse facilities, a carriage house, and three guest cottages. The main house has four bedrooms, three bathrooms, a beamed-ceiling living room, a large kitchen, and a library with a fireplace. In 2012, she listed the property for $10 Million but sold it for $4.983 Million in 2013 due to a cold market. A decade later, its value had rebounded to over $10 Million.
Vehicles Owned By Reese Witherspoon Over The Years
Reese Witherspoon, one of the most popular and successful Hollywood actresses, boasts an impressive collection of luxurious cars. Here’s a closer look at Reese Witherspoon's insane $6,86,000 car collection.
- Porsche Cayenne S Hybrid- Reese Witherspoon has an environmentally friendly Porsche Cayenne S Hybrid in her car collection. In October 2012, Reese was spotted getting out of the Porsche before heading into a friend's house in Los Angeles.
- Toyota Land Cruiser- The Toyota Land Cruiser is the second most expensive car in Witherspoon's car collection. The market price of the car is approximately $85,665. Reese Witherspoon was once spotted leaving the gym in a Toyota Land Cruiser.
- Toyota Sequoia- Reese Witherspoon has a silver Toyota Sequoia in her car garage. In July 2014, Reese Witherspoon was seen driving her Toyota Sequia along with her then two-year-old son Tennessee to a baby class in Brentwood, California.
- BMW Alpina B7- The most expensive car in Reese Witherspoon's car collection is the BMW Alpina B7. She has been spotted in her Alpina B7 along with her ex-husband Jim Toth multiple times.
- Land Rover Range Rover Sport- Reese Witherspoon has a Land Rover Range Rover Sport in her car garage. In December 2020, Reese Witherspoon added a festive touch to her daily commute in Los Angeles by decorating her Land Rover Range Rover Sport with reindeer antlers on each side and a red Rudolph nose on the front.
Apart from the cars mentioned above, Reese Witherspoon is also known to have a GMC Yukon Hybrid, a Mercedes-Benz GL350, a silver 2021 Porsche Panamera Turbo S, a Mercedes-Benz E-Class, and Land Rover Discovery in her exotic collection of cars.
What Are Reese Witherspoon Charitable Contributions?
Reese Witherspoon's numerous charitable contributions reflect his commitment to philanthropy and social causes. Let's take a look at the actress's most significant philanthropy and charity works.
- Avon Foundation- Reese Witherspoon, serving as the Global Ambassador for the Avon Foundation for Women. On October 27, 2010, Reese co-hosted the organization's 10th annual gala, "Champions Who Change Women's Lives,” at Cipriani 42nd Street in New York City. The event honored individuals dedicated to fighting against breast cancer and domestic violence, raising more than $2.2 Million to support these causes. Witherspoon's involvement highlights her commitment to women's health and empowerment through her role with the Avon Foundation.
- Free Dresses to Teachers- In April 2020, during the COVID-19 pandemic, Reese Witherspoon's Draper James launched the "Draper James Loves Teachers" initiative to support educators. Teachers nationwide could receive a free dress by filling out an online form by April 5, 2020. Winners were notified by April 7 and received a promo code for a complimentary dress with free shipping. Witherspoon expressed gratitude for teachers, saying, "I wanted to show teachers a little extra love right now." This initiative was part of Draper James' broader efforts to assist communities during the pandemic.
- Girls Inc.- Reese Witherspoon, through her lifestyle brand Draper James, has significantly contributed to empowering young women by partnering with Girls Inc. to promote economic literacy. In May 2017, Draper James collaborated with Girls Inc. at the YWCA of Nashville & Middle Tennessee to launch the Draper James Economic Literacy Program. This initiative aimed to provide financial education to teen girls, equipping them with the knowledge and skills necessary for economic stability and independence. The program's kickoff event, the "Girls Just Wanna Have Funds" conference, offered interactive financial literacy training for girls, their mothers, or mentors. Additionally, the partnership created internship opportunities at the Draper James retail store in Nashville, further enhancing the girls' real-world experience in financial and business environments.
- Investment in nonprofit Step Up- In August 2022, Reese Witherspoon made a multi-year investment in Step Up, a mentorship nonprofit dedicated to empowering girls and young women. This support facilitated the expansion of Step Up's programs to Nashville, Witherspoon's hometown, providing high school girls with access to on-campus, after-school mentorship opportunities. The initiative launched in three Metro Nashville Public Schools: KIPP Nashville Collegiate High School, LEAD Southeast High School, and Stratford STEM Magnet High School. The nine-week curriculum aims at building confidence, developing skills, and expanding community, and includes a special focus on financial literacy. Additionally, students participate in Step Up's "Explore Pathways" program, offering career exploration through visits to local workplaces. Witherspoon expressed her commitment to offering educational opportunities for young girls and women beyond traditional school curriculums, emphasizing the importance of financial education and understanding workplace opportunities.
- Funds 142 Projects For Nashville Students- In November 2020, Reese Witherspoon demonstrated her commitment to education in her hometown by funding almost $175,000 for about 142 projects for Nashville area teachers through the nonprofit DonorsChoose. This generous contribution benefited approximately 16,833 students across 55 schools and supported 124 teachers in the Metro Nashville Public Schools district. Witherspoon's support helped educators by providing essential resources, enhancing the educational experience for thousands of students.
What’s Next For Reese Witherspoon?
Reese Witherspoon has several exciting upcoming projects on the horizon. She is co-writing her debut thriller with bestselling author Harlan Coben, based on her original idea, with a screen adaptation also in the works. Additionally, she is producing a Legally Blonde TV series for Amazon Prime Video, continuing the beloved franchise with Josh Schwartz and Stephanie Savage. Witherspoon is also starring in and producing two Netflix rom-coms, Your Place or Mine and The Cactus, which explore themes of friendship and long-distance relationships. On top of these, Witherspoon is working on a secret project with her media company, Hello Sunshine, alongside a "Real Housewife," keeping details under wraps for now. These ventures further solidify Witherspoon’s presence as a powerhouse in both Hollywood and the broader entertainment industry.
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