The Net Worth of Reese Witherspoon would shock you. Stay with the articles to know each and every success story from the scratch. She is an American actress, producer, and entrepreneur. During her three-decades-long career, she has received various awards, including an Academy Award, two Golden Globe Awards, a British Academy Film Award, a Screen Actors Guild Award, and a Primetime Emmy Awards.
She is one of the highest-paid actresses in the world as of 2019. Time magazine listed her name as one of the 100 most influential people in the world in 2006 and 2015. Forbes listed her name among the World’s 100 Most Powerful Women in 2019.
Her breakthrough in box-office success was the romantic drama “Water for Elephants” (2011). She made a comeback by producing and performing as the character of Cheryl Strayed in the drama “Wild” (2014). For performing in the drama she received her second nomination for Best Actress at the Academy Awards.
Witherspoon since then started working in television, by producing and performing in the HBO drama series “Big Little Lies “(2017–2019), the Apple TV+ drama series “The Morning Show” (2019–present), and the Hulu miniseries “Little Fires Everywhere” (2020).
|Real Name||Laura Jeanne Reese Witherspoon|
|Nickname||Little Type A|
|Birth Place||New Orleans, Louisiana, U.S.|
|Date of Birth||22nd March 1976.|
|Ethnicity||She has claimed descent from Scottish-born John Witherspoon, who signed the United States Declaration of Independence.|
|Source of Income||Actress, producer, and entrepreneur.|
|Age||45 years (As of 2021).|
|Father’s name||John Draper Witherspoon.|
|Mother’s name||Mary Elizabeth “Betty” Witherspoon.|
|Siblings||She also has three siblings, her sister’s names are Savana Ray and Skylyn Ray and her brother’s name is Bronson Ray.|
|Residence||Brentwood in Contra Costa County, California, United States.|
|School||Harding Academy |
‘ Harpeth Hall School in Nashville
|Educational qualification||Graduated with an English literature major & left the school prior to completing her studies to pursue an acting career.|
|Height||5 feet 1 inch / 154.94 cm|
|Weight||50 Kg / 110.23 Lbs.|
|Body Measurement||34-25-35 (Inches).|
|Husband||Ryan Phillippe ( 5th June 1999- October 2006).|
Jim Toth ( 26th March 2011- Till Present).
|Children||They have two children together with Ryan daughter, Ava Elizabeth Phillippe, born on 9th September 1999. and son, Deacon Reese Phillippe, born on 23rd October 2003.|
She has a son together with Jim, Tennessee James Toth, born on 27th September 2012.
|Profession||Actress, Producer, and Entrepreneur.|
|Monthly Income||$ 8,32,439.47 (Rs 6,18,02,406).|
|Yearly Income||$ 99,89,273.81 (Rs 74,16,28,882 ).|
|YouTube||YouTube /Reese Witherspoon|
|Facebook /Reese Witherspoon|
|Net Worth||$ 400 million (Rs29,71.99 Cr).|
As per Forbes real data published in August 2021).
|Last Updated||December 2021.|
Early Life, Family, Education
She was born on 22nd March 1976, in New Orleans, Louisiana. Her father, John Draper Witherspoon, was a student at Tulane University medical school. He was in private practice as an otolaryngologist till 2012.
Her mother, Mary Elizabeth “Betty” Witherspoon, had a PhD in pediatric nursing.
She has claimed descent from Scottish-born John Witherspoon, who signed the United States Declaration of Independence. However, this claim has not been verified by the Society of the Descendants of the Signers of the Declaration of Independence genealogists.
Witherspoon attended middle school at Harding Academy and completed her graduation from the all-girls Harpeth Hall School in Nashville, during which time she was a Cheerleader. After that, she attended Stanford University as an English literature major but left the school in mid-term to complete her studies to pursue an acting career.
Witherspoon started her career in 1990 in a film called “The Man in the Moon.” It makes her eligible for a nomination for Best Young Actress at the Young Artist Awards.
Later that year she performed in the cable TV movie “Wildflower.” In 1992, she appeared in another TV movie “Desperate Choices: “To Save My Child,”.
In 1996, she acted in two major movies, “Fear” alongside Mark Wahlberg, and “Freeway” with Brooke Shields.
In 1998, Witherspoon had performed roles in three films: “Overnight Delivery,” “Pleasantville,” and “Twilight.” She then performed opposite Tobey Maguire in a story about teenage siblings from the 1990s.
In 1999, she co-starred with Sarah Michelle Gellar and future husband Ryan Phillippe in the drama film “Cruel Intentions.” That same year, she acted in the film adaptation of the novel “Election,”.
She also received a Golden Globe and Independent Spirit Award nomination. In 2000, she also appeared in “American Psycho” and made guest appearances in “Little Nicky,” and an episode of season six of the TV show “Friends,” where she played Jennifer Aniston’s character’s sister.
In 2001, her career achieved another high with the feature film “Legally Blonde,” for which she won a Golden Globe for Best Actress. Her next feature film was “Sweet Home Alabama” in 2002, in which her co-star was actors Josh Lucas and Patrick Dempsey.
The sequel to “Legally Blonde”e released in 2003 earned $90 million (Rs 6,70.20 Cr) at the box office and paid her $15 million (Rs 1,11.68 Cr) making her one of Hollywood’s highest-paid actresses.
In 2004 she worked on her next film “Vanity Fair,” which received excellent reviews. In 2005, she performed in “Walk The Line,” the movie based on the life of singer/songwriter Johnny Cash. For performing in the movie she won various awards including a Golden Globe, Academy Award, and awards from the Screen Actors Guild and BAFTA.
In 2014, she produced and performed in the film adaptation of Cheryl Strayed’s memoir “Wild.” Witherspoon performed Strayed on her 1,000-mile hike along the Pacific Crest Trail.
She also serves as an executive producer on the Apple TV US drama series “Truth Be Told” with Octavia Spencer which premiered in December 2019 and was renewed for a second season in March 2020.
She met actor Ryan Phillippe at her 21st birthday party in March 1997. The couple became engaged in December 1998 and married on 5th June 1999, at Old Wide Awake Plantation near Charleston, South Carolina.
They have two children together, a daughter, Ava Elizabeth Phillippe, who was born on 9th September 1999 and a son, Deacon Reese Phillippe, born on 23rd October 2003. In October 2006, the couple got separated.
In February 2010, she started dating Jim Toth, who is a talent agent and co-head of motion picture talent at Creative Artists Agency, where she is a client. They announced their engagement that December and married on 26th March 2011, in Ojai, California, at Libbey Ranch, Witherspoon’s country estate, which she later sold.
The couple has a son together, Tennessee James Toth, born on 27th September 2012.
Salary and Earnings Highlights
Witherspoon has gradually become one of the highest-paid actresses in Hollywood since the early 2000s. One of her biggest earnings was the $ 200,000 ( Rs 1.48 Cr). Her first multi-million paycheck came from 2001’s “Legally Blonde.”
The success of Legally Blonde increased her paycheck for 2002’s Sweet Home Alabama to $12.5 million (Rs 93.07 Cr).In 2003 she earned $ 15 million (Rs 1,11.66 Cr) for Legally Blonde 2. She also earned her first Executive Producer credit for the sequel as well.
From this point in time, she earned a standard $15 million ( Rs 1,11.66 Cr) minimum base salary per movie. Between 2001 and 2012 alone she earned more than $120 million (Rs 8,93.32 Cr) in base movie salary. To date, her total movie salary totals $250 million (Rs 18,59.37 Cr).
Apple TV Salary
For her role on the Apple TV show titled “The Morning Show” she along with her co-star Jennifer Aniston earned $ 1.25 million (Rs 9.29 Cr) per episode. As of this time when l am writing this article, that’s the fifth-highest amount of money ever paid to an actor on a per-episode basis.
Between August 2017 and August 2018, she has earned $20 million ( Rs 1,48.81 Cr) including film salaries, producing income, and endorsements. Between August 2018 and August 2019 she earned $35 million (Rs 2,60.09 Cr).
In 2014 she spent $12.7 million (Rs 94.37 Cr) on a large home in the Pacific Palisades neighbourhood of Los Angeles. At the time of purchase, construction was not fully completed. Reese proceeded to spend additional millions on upgrades that included a guard station that was manned 24-hours a day, much to the chagrin of her neighbours.
She listed this home for sale in 2016 for just under $20 million (Rs 1,48.58 Cr) without success. Fast forward to April 2020 and she finally found a buyer for $17 million (Rs 1,26.29 Cr).
In August 2019 she spent $ 6.25 million (Rs 46.43 Cr) to acquire a home in the hills of Malibu. She owns several properties in her native Nashville, Tennessee, and a multi-million-dollar mansion in the Bahamas located within a members-only gated community.
“Hello, Sunshine” co-founder & one of the highest-paid actresses in the world as of 2019 has 2.9 million followers on Twitter,26.8m followers on Instagram & on her Facebook page 3.8 million followers around the Globe in December 2021.
How Witherspoon has become the World’s richest actress
Her decision on herself and women-led stories is paying off richly: The actress is now worth $400 million (Rs 29,72.11 Cr) Forbes estimates, that a Blackstone-backed media company is purchasing a majority stake in her production company “Hello Sunshine”.
The deal worth Hello Sunshine, which was founded in 2016 to tell women-driven stories, at $900 million (Rs 66,87.47 Cr) thanks to its track record of hits like Big Little Lies.
She will retain an ownership stake of at least 18% and will collect an estimated $120 million (Rs 8,91.62 Cr) after taxes, from the sale of about half of her 40% stake in the company.
She is one of Hollywood’s most bankable stars and can command sky-high pay. She earns at least $1 million (Rs 7.43 Cr) an episode for her television work—she’s getting $1.2 million (Rs 8.91 Cr) per episode for producing and starring in Apple TV+’s “The Morning Show”, according to industry insiders.
Millions more for film roles. She’s a popular endorser, earning top-dollar for her work in commercials for companies including “Crate & Barrel”.
Prior to the #MeToo movement and widespread calls for gender equity in show business, she was frustrated by the roles offered to her and the dearth of women-led stories in Hollywood.
In 2016 the company has a number of projects in development, including the forthcoming Netflix series From “Scratch”, with Co-star Zoe Saldana, and Apple TV+’s The Last Thing He Told Me, with Julia Roberts. On the film side, Hello Sunshine is adapting the best-selling novel Where the Crawdads Sing.
With the dawning of the streaming current generation, the executives saw a chance to capitalize on Hollywood’s increasing demand for recognizable entertainment franchises and projects featuring top talent.
This hunger for marquee entertainment brands that can stand out in an increasingly cluttered streaming landscape is what fueled Amazon’s $ 8.45 billion (Rs 6,27,85.52 Cr) bid to acquire MGM, home of James Bond, Robocop and Rambo; and smaller but notable transactions like Universal Pictures’ $400 million (Rs 29,72.11 Cr) -plus deal to create a new movie trilogy based on the classic Exorcist horror franchise.
Mayer and Staggs saw an opportunity in Witherspoon’s Hello Sunshine, whose major stakeholder, AT&T, is looking to exit the entertainment business. The telecommunications major announced plans in May to spin off WarnerMedia and merge it with Discovery, a transaction that followed its earlier sale of DirecTV to a private equity firm.
“Hello Sunshine is a perfect fit for our vision of a new, next-generation entertainment, technology and content company,” said Staggs and Mayer in a statement.
She will join the new media company’s board, along with Hello Sunshine CEO Sarah Harden. They will continue to oversee the day-to-day operations of the company.
Production Company Founding and Sale
In 2000 she founded her own production company, Type A Films. The new company was renamed, Pacific Standard. First, the company started producing the HBO series “Big Little Lies.”
Secondly, she became the majority owner and Bruna Papandrea exited the company. And third, a private equity executive named Seth Rodsky formed a new company called Hello Sunshine as a joint venture with Otter Media.
In February 2019, Steve Jobs’s widow Laurene Powell Jobs made a major investment in Hello Sunshine.
Here are some of the best highlights of Reese Witherspoon’s career:
- Cruel Intentions (Movie, 1999)
- Legally Blonde (Movie, 2001)
- Sweet Home Alabama (Movie, 2002)
- Just Like Heaven (Movie, 2005)
- How Do You Know (Movie, 2010)
- This Means War (Movie, 2012)
- Wild (Movie, 2014)
- Hot Pursuit (Movie, 2015)
- Home Again (Movie, 2017)
- Primetime Emmy (Outstanding Limited Series, 2017) – Won.
Porsche Cayenne of $ 101,000 (Rs 75.03 Lacs).
Land Rover Discovery of $ 73,000 (Rs 54.22 Lacs).
Mercedes E class of $ 45,000 (Rs 33.42 Lacs).
Toyota Land Cruiser of $ 79,000 (Rs 58.68 Lacs).
BMW B7 of $ 138,000 (Rs 1.02 Cr).
Range Rover sport of $ 160,000 (Rs 1.18 Cr).
Porsche Panamera of $ 160,000 (Rs 1.18 Cr).
Cadillac ATS of $ 47,000 (Rs 34.91 Lacs).
“I’ve had multiple experiences of harassment and sexual assault, and I don’t speak about them very often. But after hearing all the stories these past few days and hearing these brave women speak up tonight, the things that we’re kind of told to sweep under the rug and not talk about.”— Reese Witherspoon
“All those things that you’re worried about are not important. You’re going to be OK. Better than OK. You’re going to be great. Spend less time tearing yourself apart, worrying if you’re good enough. You are good enough. And you’re going to meet amazing people in your life who will help you and love you.”— Reese Witherspoon
3 Success Lessons from Reese Witherspoon
Now you know all about her net worth, and how she achieved success; let’s take a look at the most important lessons we can learn from her success
To fully experience greater things in life such as love, you have to be willing to love.
Bad Things Happen, Deal With It
Bad things and good things will happen, learn to deal with them and move on.
Your Career Shouldn’t Be Your Life
It’s important to be successful in your career, partially it’s also important to live your life on your own terms.
Q. Is Reese Witherspoon A Millionaire?
Ans:- The actress is now worth $400 million (Rs 29,72.11 Cr) Forbes estimates, that a Blackstone-backed media company is purchasing a majority stake in her production company “Hello Sunshine”.
Q.Who is the richest female movie star?
Ans:- She is one of the highest-paid actresses in the world as of 2019. Time magazine listed her name as one of the 100 most influential people in the world in 2006 and 2015. Forbes listed her name among the World’s 100 Most Powerful Women in 2019. Forbes just included her name as the richest actress in the world.
Q. Who is Reese Witherspoon’s son?
Ans:- They have two children together with actor Ryan Phillippe a daughter, Ava Elizabeth Phillippe, who was born on 9th September 1999 and a son, Deacon Reese Phillippe, born on 23rd October 2003.
She has a son together, with her second marriage with Jim Toth, Tennessee James Toth, born on September 27, 2012.