Reese Witherspoon Net Worth 2023, Jim Toth Divorce Settlement, Prenup
Legally Blonde more like… Legally Rich! Reese Witherspoon’s net worth is extremely impressive and well-deserved.
The Inherent Vice actress bloomed with her starting roles in Overnight Delivery and Twilight in 1998. She embraced the spotlight with the movie that started a cultural revolution Legally Blonde. In 2005, she won the Academy Award for Best Actress for portraying June Carter Cash in the musical biopic Walk the Line. Almost a decade later she starred as Cheryl Strayed in the drama Wild which earned her a second nomination for Best Actress at the Academy Awards. She’s also focused on producing for TV with her production company Hello Sunshine, which made the hits Big Little Lies, The Morning Show and Daisy Jones & The Six.
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So what is Reese Witherspoon‘s net worth? Read more below to find out.
What is Reese Witherspoon’s net worth?
What is Reese Witherspoon’s net worth? Reese Witherspoon’s net worth is estimated to be about $400 million according to Forbes.
In 2021, Forbes named her the richest actress in the world after her production company Hello Sunshine sold to Blackstone. The company was valued at $900 at the time and Witherspoon retained an ownership stake of at least 18% and collected $120 million after taxes. “I started this company to change the way all women are seen in media,” Witherspoon said in a statement. “Over the past few years, we have watched our mission thrive through books, TV, film, and social platforms. Today, we’re taking a huge step forward by partnering with @blackstone, which will enable us to tell even more entertaining, impactful, and illuminating stories about women’s lives globally.”
“There just wasn’t a spectrum of storytelling for women that I felt was representative of the world that we walk through and that our daughters are seeing on film and television,” she told Parade about what it was like working in Hollywood. “The emergence of streaming and the confluence of deciding to start a company, I guess I was psychic. I had no idea the whole world would open up for us, but it has changed my life.” She added, “The ability to work with different storytellers, to be able to option books and partner with other people I respect and admire who also have a perspective that is not my own, but is just as valuable, has changed my entire experience. Now, I primarily generate everything that I do.”
She also revealed that her ex-husband Jim Toth helped her make the decision to be a producer as well as an actress. “He said, ‘You should produce movies,'” Witherspoon told Harper’s Bazaar in 2016. “‘You read more books than anybody I know. You should just buy some of them and turn them into films.'”
She’s also expanded into running Reese’s Book Club which has over 2.1 million followers and 42 out of its 50 picks have made their way to the New York Times Best Sellers list.
How much does Reese Witherspoon make from acting?
How much does Reese Witherspoon make from acting? Reese Witherspoon makes a lot from her TV and movie roles and makes her one of the most top-earning actresses as well.
For her role as Annette Hargrove in Cruel Intentions in 1999, she made $250,000. Her salary skyrocketed to $15 million for Legally Blonde 2 where she stars as the fierce and extremely likable Elle Woods. Though, it isn’t known what she earned for the first box office hit. Parade reported that $15 million became her standard when making movies.
For her TV roles, Witherspoon flourishes with her earnings. For her role in the critically acclaimed Big Little Lies on HBO, she earned less than $5 Million for the first season, according to Forbes. For the second season she earned $1 million per episode which totaled to $7 million. For her role in The Morning Show (as well as producing credits), she and star Jennifer Aniston earned about $1.2 per episode or a total of $12 million for the show’s ten episodes.
What is Reese Witherspoon’s divorce settlement?
What will Reese Witherspoon split in her divorce? In a statement shared onto their social media on March 24, 2023, Witherspoon and Jim Toth announced their separation. “We have some personal news to share… It is with a great deal of care and consideration that we have made the difficult decision to divorce,” they said. “We have enjoyed so many wonderful years together and are moving forward with deep love, kindness and mutual respect for everything we have created together.” “Our biggest priority is our son and our entire family as we navigate this next chapter,” they added. “These matters are never easy and are extremely personal. We truly appreciate everyone’s respect for our family’s privacy at this time.”
On April 1, 2023, People obtained the divorce documents where the Legally Blonde actress cited “irreconcilable differences” as the reason for their divorce when she filed Saturday in the Circuit Court of Davidson County, Tennesee.
A source told People about their living situation. “They love [their son] Tennessee, and this is their focus. The move from Los Angeles to Nashville was a big deal for him. They don’t want the divorce to affect him negatively. They will continue to co-parent amicably. There is no drama.” Another source told the site, “This is such an amicable decision. They are so committed to co-parenting together. They are invested in their whole family and making this as smooth as possible for everyone.”
Another source concurred with almost the same statement. “There is no drama, no event or reason,” the insider said of the pair to E! Online. “They are just two people who have made this decision with the utmost love and respect and love for their child.”
A source told InTouch Weekly that Witherspoon was “embarrassed to get a second divorce. “The thought of splitting their combined $135 million fortune scares her too much to walk away,” said the source. Reese divorced her first husband Ryan Philippe in 2006 and reportedly did not have a prenup in place.
The couple reportedly made millions in real estate. Just last year, Reese Witherspoon sold one Los Angeles home for $21.5 million after buying it in $16 million in 2020. She also sold a Nashville home in 2018 and she got back double for it according to Architectural Digest.
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