Reese Witherspoon Net Worth: Career & Business

Reese Witherspoon
Reese Witherspoon (Source: Variety)

Reese Witherspoon, originally Laura Jeanne Reese Witherspoon, is an American actress, producer, and entrepreneur with a net worth of $300 million.

One of the highest-paid actresses, Reese, has garnered quite an award, including an Academy Awards, two Golden Globe Awards, a Primetime Emmy, and a Screen Actors Guild Awards.

She was born Laura Jeanne Reese Witherspoon on 22nd March 1976 in New Orleans, Louisiana, United States.

Reese Witherspoon
Reese Witherspoon (Source: Encyclopedia Britannica)

Her father, John Draper Witherspoon, was a lieutenant in the United States Army Reserve, whereas her mother, Mary Elizabeth “Betty” Witherspoon, was a professor at Vanderbilt University.

Moreover, Reese was named one of the 100 Most Influential People in the World by Time in 2006 ad 2015.

Similarly, Forbes listed her on their list of the World’s 100 Most Powerful Women in 2019.

She is best known for her roles in movies such as 2013 Mud, 2001 Legally Blonde 1999 Election, and 1991 The Man in the Moon.

Reese Witherspoon | Quick Facts

Full Name Laura Jeanne Reese Witherspoon
Birth Date March 22, 1976
Birth Place New Orleans, Louisiana, United States
Residence Los Angeles, California, United States
Nationality American
Ethnicity  Episcopalian
Hobbies Cooking, Exercise, Reading, Acting, Hiking
Education Harding Academy, Harpeth Hall School & Stanford University
Zodiac Sign Aries
Father’s Name John Draper Witherspoon
Mother’s Name Mary Elizabeth “Betty” Witherspoon
Siblings John D. Witherspoon
Age 46 Years Old
Height 5 feet 1 inch, 1.56 m, 156 cm
Built Slim
Weight 50 kg, 110 lbs.
Eye Color Blue
Hair Color Blonde
Body Measurements 34-25-35 inches
Dress Size 2 (US)
Shoe Size 6.5 (US)
Profession Actress and Producer
Marital Status Married
Husband Ryan Philippe (1999-2008), Jim Toth (m. 2011)
Children Three
Sons Tennessee James Toth and Deacon Reese Philippe
Daughter Ava Elizabeth Philippe
Favorite Food Fried Chicken, Firecrackers
Favorite Travel Destination The Bahamas
Favorite Color Pink
Favorite TV Show Amish Mafia
Favorite Movies Belly, Terms of Endearment
Net Worth  $300 Million
Social Media FacebookInstagram, Twitter
Last Update May 2022

Reese Witherspoon Net Worth and Income

Academy Award-winning American actress, producer, and entrepreneur Reese Witherspoon’s net worth is $300 million.

One of the well-known faces in the entertainment industry, Reese is also one of the highest-paid entertainers.

She racks about $20 -$40 million per year easily from her various pursuits.

She basically makes money from acting in movies as well as TV shows, but a significant chunk of her income comes from various business ventures.

Let’s break down her income:

Witherspoon has been on the list of Hollywood’s highest-paid actresses since the early 2000s.

During her early acting career, her biggest paychecks were $200,000 for 1996’s Fear.

However, that was just the start for the actress. She received about $250,000 salary from 1999’s Cruel Intentions three years later.

But still, that was not even close enough to what she was meant to earn in the foreseeable future.

During this time, she was already making a name for herself in the media. In 2001 she appeared in the film ‘Legally Blonde‘ and received her first multimillion-dollar paycheck.

Reese Witherspoon In Movie
Reese Witherspoon In Movie (Source: Country Living Magazine)

The film was hugely successful both critically and commercially. She reprised her role in the sequel of the film 2003’s Legally Blonde 2.

Furthermore, she not only received a $15 million paycheck but also earned her first Executive Producer credit.

Similarly, Reese appeared in 2002’s Sweet Home Alabama, which made her about $12.5 million.

Likewise, these few movies bumped up her standard up to the point that she charges a minimum of $15 million per film even today.

If we were to consider all her movie salaries, that would top a whopping $250 million in total.

Interestingly, she earned $120 million between 2001 and 2012 alone in base movie salary.

Let’s check out her highest-paid movie salaries:

Year Movie Genre Salary
2012 This Means War Action/Comedy $12 million
2011 Water For Elephants Romance/Drama $4 million
2010 How Do you Know Romance/Rom-Com $15 million
2008 Four Christmases Comedy/Romance $14 million
2005 Just Like Heaven Romantic/Comedy/Fantasy $15 million
2005 Walk The Line Musical/Drama $15 million
2004 Vanity Fair Romance/Drama $15 million
2003 Legally Blonde 2: Red, White & Blonde Comedy/Romance $15 million
2002 Sweet Home Alabama Romance/Rom-Com $12.5 million
2001 Legally Blonde Comedy/Romance $2.5 million
1999 Cruel Intentions Romantic/Drama $250,000
1996 Fear Thriller/Drama $200,000
  Total $118,450,000

Aside from her film income Reese also earned a gigantic salary from the Apple TV show The Morning Show.

She appeared on the American drama series along with her friend Jennifer Aniston. Both of them were paid $1.25 million per episode for the show, which is the fifth-highest amount ever paid to an actor on a per-episode basis.

The show ran for two seasons with 20 episodes in total, which works out to be $25 million from the show.

Furthermore, Reese earned about $20 million between August 2017 and August 2018 from film salaries, endorsements, and producing income.

Similarly, she made $35 million between August 2018 and August 2019.

Reese Witherspoon Net Worth in Different Currencies

Let’s have a look into Reese Witherspoon’s net worth in different currencies as of May 2022.

Currency Net Worth
Euro € 258.94 million
Pound Sterling £ 229.20 million
Australian Dollar A$ 402.93 million
Canadian Dollar C$ 372.01 million
Indian Rupee ₹ 22,396,290,000
BitCoin ฿ 4,732.98

Reese Witherspoon | Houses and Cars

Houses

Reese Witherspoon’s net worth has allowed her to invest in some of the magnificent pieces of real estate over the years.

Reese purchased an under-construction mansion in the exclusive Pacific Palisades neighborhood of Los Angeles in 2014 for $12.7 million.

Moreover, she spent additional millions on upgrades of amenities. However, in 2016 she listed it on the market for just under $20 million.

But it was not that easy for her to offload the property. She finally found a buyer for $17 million in April of 2020.

Aside from that, Reese splashed over $6.25 million for a home in Malibu in 2019.

Apart from houses in California, Reese also owns homes in her native Nashville, Tennessee, and the Bahamas.

Similarly, in March 2020, Reese paid $15.9 million for a 9,504 square feet cozy mansion in the exclusive Mandeville Canyon.

Cars

Though Reese’s car collection is not super crazy like other stars, it is still quite adequate for her.

Her collection of wheels includes a black Porsche Cayenne Hybrid worth $76,500, a black Hybrid GMC Yukon worth $22,000, and Mercedes-Benz GL350 worth $54,750.

Reese Witherspoon & Land Rover
Reese Witherspoon & Land Rover (Source: Pinterest)

Apart from these, Reese has been spotted in a number of other cars, including a black Land Rover LR4 worth $51,000, a silver Porsche Panamera worth $88,000.

She also owns a silver Toyota Land Cruiser worth $85,000 and a silver Mercedes-Benz E-Class worth $60,000.

Reese Witherspoon | Lifestyle

Despite living in LA and having a vast net worth, Reese Witherspoon has not let the LA fashion slide in her Southern style.

She can be seen frequently on bright colors, tote bags, floral patterns, and pencil skirts.

The actress can be mostly seen at many different boutiques around Brentwood, the exclusive community of Los Angeles that she calls home.

More often, she goes to Brentwood Country Mart.

Designer-wise, Reese is often seen wearing Burberry, Christian Louboutins, and Guanvito Rossi.

She effortlessly rocks classy style all the time.

As for her relationships and marriage, she began dating co-star of the 1999 film ‘Cruel Intentions’ Ryan Philippe.

After a while, the couple tied their knots and were together until 2006. However, their divorce was not finalized until 2008.

They also have two children together. After the divorce, Reese dated actor Jake Gyllenhaal for some time.

A few years later, Reese married Jim Toth, entertainment executive, in 2011.

Reese Witherspoon | Charity

Reese has been involved in several charitable foundations.

She has been a longtime supporter of Save the Children.

Similarly, she also serves on the board of child advocacy and research group Children’s Defense Fund.

The superstar fully funded 142 projects for Metro Nashville Public Schools in 2020. The donations aided 16,833 students, 124 teachers, and over 55 schools.

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Reese Witherspoon | Investments, Endorsements, and Books

Investments

As of May 2022, Reese Witherspoon’s net worth is $300 million.

Reese Witherspoon founded her own production company in 2000, Type-A Films.

The company merged with a company founded by Bruna Papandrea called Make Movies in 2012.

It was renamed Pacific Standards.

The new company produced several Oscar-nominated films, including ‘Wild’ & ‘Gone Girl.’

The company made not only films but also TV series. In 2016 Bruna Papandrea left the company, which made Reese the majority owner.

The same year Reese partnered with a private equity executive and Otter Media and formed a new company called Hello Sunshine. She also took the former company under its subsidiary.

Similarly, in February of 2019, late Steve Jobs wife Laurene Powell Jobs made a major investment in the newly formed company.

However, on 1st August 2021, it was announced that a private equity firm acquired Hello Sunshine.

Reportedly, Hello Sunshine was sold at a whopping $900 million.

According to some reports, the private equity firm paid about $500 million in cash to acquire the majority stakes of the company, including that of Reese’s.

Apart from the Production Company, Reese also has her clothing and houseware brand named Draper James.

Endorsements

Reese Witherspoon has been the face of several brands over the years.

Notably, she endorsed Avon fragrances. She endorsed the brand from 2008 to 2011.

 on Avon Fragrance Ad
Reese Witherspoon on Avon Fragrance Ad (Source: Celebrity Endorsement Ads)

Similarly, she was recently named the global brand ambassador of Biossance, an oil-based skincare product.

Book Publications

Reese Witherspoon published a book entitled Whiskey in a Teacup on 18th September 2018.

In the book, she basically shares her everyday living and her Southern living.

Similarly, she also shares deeply personal stories about her life.

Reese Witherspoon | Career

Witherspoon was cast in TV commercials for a local florist at the age of seven, which eventually motivated her to take the acting lessons.

Along with her acting, Reese was a phenomenal student and loved reading. She graduated from Harpeth Hall School, Nashville, where she was also a cheerleader.

Similarly, after graduation, she attended Stanford University to major in English literature but dropped out to pursue an acting career.

Reese Witherspoon began her career with a 1990 film entitled ‘The Man in the Moon’ and now is an Academy Award Winner with a net worth of $300 million.

Unknown Facts About Reese Witherspoon

  • Reese has three dogs, each of them named after celebrities. Her Chihuahua is named Chi Chi Rodriguez after golfer Chi Chi Rodriguez, the French bulldog is named Coco Chanel after designer Coco Chanel, and a bulldog is named Frank Sinatra named after singer Frank Sinatra.
  • Moreover, she was the first to host Saturday Night Life after the 9/11 terrorist attack in New York City.
  • Interestingly, in 2013 her husband was arrested for a DUI (Driving Under the Influence)of alcohol. He failed to maintain a lane, and Reese was also arrested for going against arresting officer’s instructions.

FAQs

Was Reese Witherspoon pregnant during Legally Blonde?

Yes, she was, in fact, pregnant with her second child during the filing of Legally Blonde. Reese was costumed carefully to conceal her pregnancy.

What is the upcoming film of Reese Witherspoon?

Reese has several films on her pipeline, including Legally Blonde 3 and Where the Crawdads Sing, both of which are set to release in 2022.

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