Reese Witherspoon stays true to her Southern roots — that means she’s always gracious, friendly, and poised. Not only is she a versatile actress, but she’s also a famous businesswoman.
She is one of the industry’s highest-paid female actors, making an impressive $35 million in 2023, as Women in the World’s website reported. Forbes also named her “the wealthiest self-made female actor in the world.”
No doubt, Reese Witherspoon is setting the record straight on her finances — but does it mean she’s a billionaire?
Reese Witherspoon Shut Down Rumors of Being a Billionaire
Reese Witherspoon shut down the rumors of being a billionaire during a conversation with NBC News Daily anchor Zinhle Essamuah (via People) in the INBOUND gathering in Boston on Friday. She said:
I didn’t. They’re wrong.
Now it’s clear that Witherspoon is not a billionaire as she herself confirmed it. The Legally Blonde star continued to explain that she was flattered by the rumor, though, and went on to say:
“That’s enormously flattering and if I ever touched the bottom of whatever Oprah’s magic golden boots do, I would be so lucky.”
Witherspoon works in various industries and has multiple sources of income, including her fashion and lifestyle brand, Draper James. Recently, Consortium Brand Partners announced their acquisition of a 70% ownership stake in her brand.
This recent business deal and the publicized $900 million sale of her company Hello, Sunshine (a media/production company behind huge projects like The Morning Show, Daisy Jones & The Six, Big Little Lies, and more) led to claims that she was a billionaire.
According to sources, her main source of wealth is her acting career and then her media company, Hello Sunshine. She earns an estimated $20 million yearly from her acting and producing work (combined).
Reese Witherspoon’s Net Worth
Witherspoon’s net worth is reportedly $440 million, per Forbes. Her success is undeniable, whether as a businesswoman or an actress.
Her wealth is the result of years of hard work, which has only come over time. She’s been a Hollywood figure for a long time, starring in movies like Legally Blonde, Walk the Line, and Wild. Her influence goes beyond acting, as her media company prioritizes women-centric stories.
Besides running her successful business and working behind the scenes, The star will also appear on screen soon in Season 3 of The Morning Show, which premieres on September 13 and will be available to watch with an Apple TV+ subscription, along with the two previous seasons.
Source: People
