Reese Witherspoon Net Worth
Reese Witherspoon has an estimated net worth of $300 million. Reese Witherspoon is an Academy Award-winning actress who is known for her roles in ‘Legally Blonde,’ ‘Walk the Line,’ ‘Wild’ and the TV series ‘Big Little Lies.’ She earns most of her income from movies and television series.
After enrolling at Stanford University, Reese Witherspoon began seriously pursuing her acting career. Her early critical successes included roles in Pleasantville and Election, but her portrayal of Elle Woods in the box office smash Legally Blonde was a watershed moment in her career. Witherspoon went on to win an Academy Award for her performance in Walk the Line in 2005. Water for Elephants, This Means War, and Wild are recent films in which she has received an Oscar nomination. Witherspoon was also a producer and co-star in David E. Kelley’s award-winning television series Big Little Lies.
To calculate the net worth of Reese Witherspoon, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets. All debts, such as student loans and credit card debt, are included in total liabilities.
Here’s the breakdown of her net worth:
|Net Worth:||$300 Million|
|Monthly Salary:||$2 Million|
|Annual Income:||$25 Million per year|
|Source of Wealth:||Actor, Film Producer, Businessperson, Voice Actor|
Laura Jean Reese Witherspoon was born in New Orleans, Louisiana on March 22, 1976. Witherspoon grew up in Nashville, Tennessee, the daughter of a physician and a nurse, where she was a debutante and attended Harpeth Hall, a private all-girls high school.
Films and TV Shows
‘The Man in the Moon,’ ‘Freeway’
In 1991, Onderspoon responded to a call for extras in her hometown newspaper on a whim. At the age of 14, she landed the lead role in her first feature film, The Man in the Moon (1991). Witherspoon considered quitting acting after her freshman year of college to follow her parents into medicine. Her performance in the film Freeway, however, earned her the Catalonian International Film Festival award for best actress in 1996. She postponed college for a year to focus on acting, then briefly studied English literature at Stanford before returning to work.
‘Pleasantville,’ ‘Election,’ ‘Cruel Intentions’
Witherspoon made a name for herself as a talented actress in films such as Pleasantville (1998), Election (1999), and Cruel Intentions (2000). (1999). She began an off-set romance with co-star Ryan Phillippe, whom she met at her 21st birthday party, while filming Cruel Intentions. The couple married in 1999 and soon after had two children: daughter Ava Elizabeth (born in 1999) and son Deacon (2003).
Playing Elle Woods in ‘Legally Blonde’
Witherspoon’s career took off again in 2001 when she starred in the surprise box office hit Legally Blonde. Elle Woods, a towheaded sorority girl who follows her ex to Harvard Law School, was played by Reese Witherspoon. The film was such a success that it spawned a sequel. Witherspoon earned $15 million for her role in and production of Legally Blonde 2: Red, White, and Blonde (2003), which was 15 times the amount she was paid for the original. The franchise cemented Witherspoon’s status as a must-have commodity and catapulted her into the ranks of A-list actors. According to the Hollywood Reporter, she also became one of the highest-paid actresses in Hollywood, commanding $15 million to $20 million per film.
‘Sweet Home Alabama,’ Oscar Nod for ‘Walk the Line’
Witherspoon’s commercial success continued with films like Sweet Home Alabama (2002), while she also appeared in indie films and provided voiceover work for animation projects. She received critical acclaim in 2005 for her performance in the biopic Walk the Line as country singer June Carter, opposite Joaquin Phoenix as Johnny Cash. The film was a critical and commercial success, with Witherspoon winning an Academy Award, a Golden Globe, and a BAFTA for her performance.
While her career was flourishing, Witherspoon was also dealing with serious personal issues. She and Phillippe separated in October 2006 and divorced the following year. In a 2014 interview with Charlie Rose, Witherspoon discussed the dissolution of her marriage. “I spent several years simply trying to feel better. You can’t be very creative when your brain feels like scrambled eggs, you know “Rose was informed. “I was just kind of floundering professionally because I wasn’t making things that I was passionate about; I was just kinda working. It was clear that the audiences were not responding to anything I was saying.”
In 2007, Witherspoon began work on Rendition, a film co-starring Jake Gyllenhaal. Soon after, the stars began dating, but their romance didn’t last long; the Hollywood “It” couple split in 2009. Soon after, Witherspoon began dating Hollywood agent Jim Toth. During this time, she also co-starred with Christina Ricci in the fantasy comedy Penelope (2008) and served as a producer on the project.
‘Four Christmases,’ ‘Monsters vs. Aliens,’ ‘Water for Elephants’
Later that year, Witherspoon co-starred in the family holiday comedy Four Christmases with Vince Vaughn. Other notable film roles included voicing the main character in the animated blockbuster Monsters vs. Aliens (2009) and starring alongside Robert Pattinson in Water for Elephants (2011).
Witherspoon and Toth married in 2011. Tennessee James Toth, the couple’s first child, was born in the fall of 2012.
‘This Means War,’ ‘Mud,’ ‘Devil’s Knot’
Witherspoon kept busy as a new mom, promoting her romantic comedy This Means War (2012), in which she co-starred with Chris Pine and Tom Hardy, and the drama Mud (2012), in which she co-starred with Matthew McConaughey. She also started work on the true-crime drama Devil’s Knot (2013), which co-stars Colin Firth and Stephen Moyer.
Witherspoon founded Pacific Standard Productions in 2012, which produced the 2014 films Gone Girl and Wild. The latter, based on Cheryl Strayed’s memoir, stars Witherspoon as a woman who hits the road after her mother dies. Witherspoon received Oscar, Golden Globe, and SAG nominations for her performance.
‘Hot Pursuit,’ ‘Sing’
Witherspoon co-starred in the comedy Hot Pursuit with Sofia Vergara in 2015, but the film was a box office flop. That same year, she launched Draper James, a Southern-inspired home and apparel line. Witherspoon voiced an animated character again in the 2016 musical hit Sing, playing a pig with musical dreams.
‘Big Little Lies’
In 2017, Witherspoon became the producer and star of David E. Kelley’s HBO series Big Little Lies, alongside Nicole Kidman, Shailene Woodley, Alexander Skarsgard, and Laura Dern. The series received significant attention at the Primetime Emmys, including a nomination for outstanding lead actress for Witherspoon, prompting speculation that the storyline would be continued. Season 2 premiered in June 2019, and Meryl Streep has joined the cast.
‘A Wrinkle In Time’
In early 2018, Witherspoon co-starred in an adaptation of the acclaimed science-fiction novel A Wrinkle in Time, alongside Oprah Winfrey and Mindy Kaling. Later that year, it was revealed that she was planning to reprise her role as Elle Woods in Legally Blonde 3, with much of the original film’s creative team also in talks to join the project.
‘The Morning Show,’ ‘Little Fires Everywhere’
In November 2019, Witherspoon co-hosted The Morning Show with Jennifer Aniston and Steve Carell, one of the original shows that accompanied the launch of the Apple TV+ streaming service. The following March, she appeared alongside Kerry Washington and Joshua Jackson in the Hulu adaptation of Celeste Ng’s Little Fires Everywhere.
Given Reese Witherspoon’s wealth, her house is more expensive than ordinary people’s. She has bought and sold a number of beautiful houses over the years. Reese spent $12.7 million on a big house in the Los Angeles neighborhood of Pacific Palisades in 2014. When the house was bought, it was still being built. Reese then spent more money on improvements, like a guard station that was staffed 24 hours a day, which made her neighbors very unhappy. In 2016, she tried to sell this house for just under $20 million but failed. In April 2020, she finally found someone to buy it for $17 million.
Reese bought a house in the hills of Malibu for $6.25 million in August 2019. She owns a few homes in her hometown of Nashville, Tennessee, and a multimillion-dollar mansion in the Bahamas that is part of a gated community for members only. In March 2020, Reese paid $15.895 million for a mansion in LA’s Brentwood neighborhood that was 10,300 square feet and sat on 3 acres. She put this house on the market for $25 million in March 2022. She found a buyer in a month for $21.5 million.
Personal Life and Husbands
Reese Witherspoon married fellow actor Ryan Phillips in 1999, but they divorced in 2007. The couple has two children: Ava, a daughter, and Deacon, a son.
From 2005 to 2007, Witherspoon was in a romantic relationship with actor Jake Glynehall. Two years later, the relationship ended.
Reese Witherspoon married Jim Toth, a Hollywood talent agent, in 2011. Tennessee James Toth is the couple’s son.
Favorite Reese Witherspoon Quotes
I feel very blessed to have two wonderful, healthy children who keep me completely grounded, sane and throw up on my shoes just before I go to an awards show just so I know to keep it real.
But with the right kind of coaching and determination you can accomplish anything and the biggest accomplishment that I feel I got from the film was overcoming that fear.
I love to cook comfort food. I’ll make fish and vegetables or meat and vegetables and potatoes or rice. The ritual of it is fun for me, and the creativity of it.
Lord knows, every day is not a success, every year is not a success. You have to celebrate the good.
I got a role in this movie called Freeway playing this really angry, aggressive, violent young woman who believed wholeheartedly in the truth. I had such satisfaction afterward, and I thought, That’s what I want to do.
View our larger collection of the best Reese Witherspoon quotes.
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