Reese Witherspoon is not just an average actress. She’s also a producer and an entrepreneur who is making her way to be one of the most affluent stars in Hollywood.
As one of the world’s highly-paid and most-famous stars, what success has Reese Witherspoon not reached yet? With that said, how rich does the iconic Legally Blonde star have become today?
The Humble Beginnings of Reese Witherspoon
The 46-year-old star started her career in 1990 in the movie The Man in the Moon, instantly earning her a Best Young Actress nomination at the Young Artist Awards. She then did the TV movie Wildflower, followed by Desperate Choices: To Save My Child and Return to Lonesome Dove.
From there, she made two major movies, Fear and Freeway. From one film to another, she was seen in Overnight Delivery, Pleasantville and Twilight.
Come 1999, she worked with Sarah Michelle Gellar and future husband Ryan Phillippe in the movie Cruel Intentions, followed by Election, American Psycho, Little Nicky and a guesting on Friends.
However, her career started to peak when she did Legally Blonde in 2001 and Sweet Home Alabama in the following year. The 2003’s Legally Blonde 2 made it big in the box office, making her one of Hollywood’s highest-paid actresses, per Celebrity Net Worth.
Other big TV and movie projects she did are Vanity Fair, Walk the Line, Wild, Big Little Lies and The Morning Show, which she also produces.
Reese Witherspoon’s Success as an Entrepreneur
Forbes broke the news that Blackstone-backed media company purchased a major stake of Reese Witherspoon’s production company, Hello Sunshine. Founded in 2016, it aimed to tell women-driven stories and is valued at $900 million.
With its track record of producing some of the biggest shows of today, like Big Little Lies, The Morning Show and Little Fires Everywhere, this amount is not surprising. It has a promising pipeline of popular book adaptations.
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In addition, the new media firm, run by former Disney execs Kevin Mayer and Tom Staggs, also bought out Hello Sunshine’s existing investors, like AT&T, Laurene Powell Jobs’ Emerson Collective and Reese Witherspoon herself’s shares.
However, she will still retain an ownership stake of about 18% and collect around $120 million from the sales—after taxes—of about half of her pre-existing 40% share.
Aside from this fortune, much of her net worth comes from her 30-year successful career as an actress and producer.
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It can’t be denied that she’s one of Hollywood’s most bankable stars, allowing her to demand a big paycheck. According to Forbes, she can earn at least $1 million per TV show episode.
In fact, she gets $1.2 million from producing and starring a single episode of The Morning Show and millions from one movie role. She’s also one of the most sought-after endorsers.
With that said, it’s no surprise that Reese Witherspoon is now worth $400 million today.
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