Facts and life hacks
Reese Witherspoon net worth in 2023
Reese Witherspoon net worth is $400 million (£331.04 million). According to Forbes, Reese was the World’s wealthiest actress in 2021. Her confidence to win and her ability to endlessly push for the women-led stories makes her rich. Reese Witherspoon is an actress, entrepreneur, and producer.
From producing influential movies and series to hosting shows, Reese Witherspoon net worth continues to rise thanks to her incredible career. Reene’s value started growing as a teenager with The Man in the Moon to present Apple TV+ series, The Morning Show. Besides being the World’s richest actress, winning Academy and Emmy awards, she has an interesting early life, personal and income you should know. Read on.
| Name | Laura Jeanne Reese Witherspoon |
| Net worth (2022) | $400 million |
| Net worth in pounds | £331.3 million |
| Yearly Salary | $25-30 million |
| Monthly Salary | $2- 3 million |
| Profession | Actress, producer, Business person, Voice actor |
| Years active | 1991 to present |
| Height | 5 ft 1 in (1.56 m) |
| Date of birth | Mar 22, 1976 (46 years old) |
READ ALSO: Jennifer Garner net worth
What is Reese Witherspoon’s net worth?
Reese Witherspoon’s net worth is $400 million. Reese was named by Time magazine in 2006 as one of the 100 most influential people in the World. In 2018 she was listed by Forbes as one of the World’s 100 top powerful women 2019.
Reese has more than ten years of experience in her acting career and operates a successful clothing production company. She is estimated to earn a salary of $15-$20 million per movie. Reese earned $250,000 for Cruel Intentions (1999) and more than 140 million acting for Legally Blonde (2001). She has pocketed over $20 million hosting Apple TV+ series Morning show and many other sitcoms.
Besides her salary earnings, she owns cars and an expansive real estate portfolio. Reese net is influenced by the four properties she owns in affluent neighborhoods such as Malibu, Pacific Palisades, Brentwood, and many more. Together with her husband, they have been spotted driving expensive rides such as Porsche Cayenne, Range Rover sport, BMW B7, and Mercedes Benz E class, among other top fuel guzzlers.
READ ALSO: Jennifer Lopez net worth in 2022
Early life
Witherspoon, aka Laura Reese Witherspoon, was born on March 22, 1976, in New Orleans, Louisiana. Reese’s Father, John Draper Witherspoon, and mother, Mary Elizabeth Reese, raised her in Nashville, Tennessee. Her father was a physician, and her mother was a professor of pediatric nursing.
Reese Witherspoon grew up with an Episcopalian and Southern background. The experiences made her responsible and cared about others. At age 11, she began her acting career at the Ten-State Talent fair. Before, she had appeared in Florist Television advertisement as a model. Besides being an avid reader, she attended the Harpeth Hall School and later graduated with an English major from Stanford University.
Career
Reese Witherspoon started her acting career when she was 14, appearing as part of The Man in the Moon (1991). She later proceeded in the same year to participate in Wildflower, Patricia Arquette, Desperate Choices: To Save My Child. The movie star joined the cast of A Far-Off Place, Jack the Bear, S.F.W. (1994), the exciting Fear (1996), Overnight Delivery (1998), and Pleasantville (1998), among others. Through these films, she was nominated for and won several awards, which include Young Artist Award, Best Actress Award, Golden Award, and the Young Hollywood Award.
The breakthrough of Witherspoon’s career began between 2001 and 2006. The film Legally Blonde (2001) success made about $96 million in sales at Box Office locally. Besides the impressive sales performance, she got accolades such as the MTV Movie Awards and Golden Globes. In 2002, she starred in Sweet Home Alabama, which grossed $35 million in a weekend and a total of $127 million from the U.S. market.
In the second season of Legally Blonde, the movie sold over $39 million within the first five days and a total of $90 million in the United States. The net worth of Reese Witherspoon started growing during this period as she was paid $ 15 million. It was the beginning of becoming among the wealthiest actresses in Hollywood. This season, she won British Awards, Academy Awards, Screen Actors Guild, Golden Globes, and C.M.T. Music Awards.
Between 2007 and the present, it has been a period of fluctuations and immense success. In 2008, the film Four Christmases earned over $157 million internationally and about $120 million in the U.S. DreamWorks Animation Monsters vs. Aliens performed the following year excellently, bringing a gross profit of $381 million. Below is a list to show her performance of Reese during her career: –
- How do you know (made a loss of $51.7 million)
- This means war (sales of $17.6million)
- Sing (grossed $200 million in the U.S. and $600 million globally)
She is currently producing The Morning Show with other movie stars, Steve Carell and Jennifer Aniston. The Apple TV+ show has received several awards, such as the Golden Globe Award for Best Television Series. Reese Witherspoon has other upcoming projects with Netflix, Amazon Prime, Starz, and A.B.C. that will see her prominence in her acting career explode.
Personal life
Witherspoon married Ryan Phillipe at 21 in 1997. The couple had two children, a daughter, Ava Elizabeth Phillippe (born in 1999) and Deacon Reese Phillippe (born in 2003). They divorced on October 5, 2007, officially when Witherspoon started dating Jake Gyllenhaal for two years.
According to People, Reese Witherspoon started dating a Hollywood agent Jim Toth. On March 26, 2011, they married in Libbey Ranch, California. They both had a son on September 27th, 2012, Tennessee James Toth.
READ ALSO: Lisa Kudrow net worth
Reese Witherspoon salary and earnings
Witherspoon’s salary has seen her become the richest actress in the World in 2021. Her present salary is not less than a million, according to Forbes. During her starring in Fear, she pocketed about $200,000 in 1996. Witherspoon earned $250,000 for her acting role in Cruel Intentions (1999).
Reese’s net worth grew when she earned her first million paychecks from Legally Blonde. She added about $12.5 million from Sweet Home Alabama (2002). In 2003, Legally Blonde season 2 saw her take $ 15 million to the bank.
Since 2003, she has been among the actors who earn a minimum of $ 15 million per movie. Reese made over $120 million between 2001 to 2012. Reese Witherspoon worth ever since she started her acting career is about $250 million.
Reese Apple T.V. salary
According to Independent, Reese Witherspoon and Jennifer Aniston earn $2 million per episode in the upcoming Apple TV+ series, The Morning Show. They are projected to make approximately $40 million. The duo gets more from the show’s bonuses.
Reese Witherspoon real estate
Reese Witherspoon worth keeps rising following her remarkable real estate portfolio in U.S. Witherspoon owns iconic homes from Malibu to the exclusive Bahamas. She co-owns some modern houses with her husband.
READ ALSO: David Schwimmer net worth
Reese Witherspoon’s home in 2001
Reese and her then-husband bought their first project with her ex-Ryan Phillippe for $3.3 million. The expansive home was 8772 square feet and sat on one acre. The couple later sold it for $4.5 million in 2004.
2003
During this year, Witherspoon bought several properties in Brentwood. Witherspoon bought the first house for $4.7 million. It was approximately 7,000 square feet.
2008
Near the decline of Witherspoon’s career, she bought another property in Ojai, California. It was valued at $5.8 million. Dirt reported that she sold her Ojai home at $ 5 million even after listing for $ 10 million.
Reese House 2009
Immediately after divorcing her husband, she went to Brentwood and demolished the house. It remained a yard. The value of the home was $3.325 million.
2010
Witherspoon continued with her serious real estate play; she acquired another ranch house for $ 7 million in L.A.’s Mandeville. Tom Selleck owned the 2.5 acres of estate. The same year she sold her vacant land 2012 for about $7.5 million.
2012
Reese Witherspoon added another Brentwood property. She got it for $ 3 million. Later Witherspoon sold Brentwood properties in 2014.
2014
Witherspoon returned to Tennessee and purchased a $ 2 million home in Oak Hill, Nashville. The home was impressive, as seen via Get Organized with The Home Edit. Together with Toth later, they invested $12.7 million on a property in Pacific Palisades. The star couple later sold it for $17 million.
2019
This year, Witherspoon went to Malibu for $6.3 million. The farm life bored her, and she opted to release the property. She sold for $6.7 million.
2020
Her undying love for Brentwood’s property kept calling. Witherspoon and Toth gave out $15.9 million for a seven-bedroom house. Ultimately, she released the house for $21.5 million.
Reese Witherspoon’s car
Here is a list of cars Witherspoon drives: –
- Porsche Cayenne
- Land Rover S.U.V.
- Toyota Highlander Hybrid
- GMC Yukon
- Toyota Land cruiser
- Porsche Panamera
- Mercedes Benz E Class
READ ALSO: Matt Leblanc net worth
Fast facts about Reese Witherspoon net worth
How old is Reese Witherspoon?
Witherspoon is 46 years old as of 2022.
How much money did Reese Witherspoon make from Legally Blonde?
Reese Witherspoon earned about one million in the first season and about $15 million in the second.
Who is the richest female actress?
Mary-Kate and Ashley Olsen are the wealthiest female actress in the World, worth $500 million.
Why is Reese Witherspoon so rich?
Witherspoon owns a successful production company and started her acting career at 14.
Is Reese Witherspoon a billionaire?
No, she is yet to become an official billionaire. She is worth $400 million.
How much is Reese Witherspoon worth?
Reese Witherspoon’s net worth is around $400 million in 2022.
Reese Witherspoon net worth in 2022 is estimated at $400 million (£331.04 million). She started making money while 7 to the present. With more projects coming her way, she will make additional money hence growing her wealth.
THESTANDARD.africa published a brilliant piece about Friend’s cast net worth. Find out about the sitcom made the stars rich.
