Reese Witherspoon net worth in 2024 is a big topic for her many fans. Known for her talent and charm, Reese has starred in famous movies like Legally Blonde and Walk the Line, building a career that stands out in Hollywood. She has not only made a name as an actress but also as a producer and entrepreneur.
Let’s look at her earnings, main income sources, and the path she took to reach her impressive net worth.
Reese Witherspoon in Brief
| Full Name | Laura Jeanne Reese Witherspoon |
| Date of Birth | March 22, 1976 |
| Place of Birth | New Orleans, Louisiana, U.S. |
| Occupation | Actress, Producer, Entrepreneur |
| Height | 5 ft 1 in (1.56 m) |
| Spouse | Jim Toth (m. 2011–2023) Ryan Phillippe (m. 1999–2008) |
| Children | Ava Elizabeth Phillippe, Deacon Reese Phillippe |
| Net Worth | $440 million |
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What is Reese Witherspoon Net Worth in 2024?
Reese Witherspoon is an American actress and producer with an estimated net worth of $400 million as of 2024, according to Forbes. She is one of the most famous and highest-paid stars in the world. Reese has won many awards, including an Academy Award for Best Actress in Walk the Line and a Primetime Emmy Award for Big Little Lies. Some of her other well-known movies are Legally Blonde, Sweet Home Alabama, and Wild.
Besides acting, Reese is a successful producer and entrepreneur. In 2016, she started a production company called Hello Sunshine. The company has made popular shows and movies like Big Little Lies, The Morning Show, and Little Fires Everywhere. In August 2021, Reese sold Hello Sunshine, and the company was valued at $900 million.
Reese’s biggest box office hits include Sweet Home Alabama, which earned over $180 million worldwide, and Legally Blonde, which made over $141 million. Other successful movies she’s been in are Sing, Water for Elephants, and This Means War.
Reese Witherspoon’s Early Life and Education
Laura Jeanne Reese Witherspoon was born on March 22, 1976, in New Orleans, Louisiana. Her dad, John Draper Witherspoon was studying at Tulane University Medical School at the time. He’s from Georgia and used to be in the Army Reserve. He worked as an ear, nose, and throat doctor until 2012. Reese’s mom, Mary Elizabeth “Betty” Witherspoon is from Tennessee and was a nursing professor at Vanderbilt University. She’s got a PhD in taking care of sick kids.
Reese Witherspoon says she’s related to John Witherspoon who signed the Declaration of Independence, but nobody’s checked if that’s true. Her parents are still married on paper, but they split up in 1996.
She grew up Episcopalian and is proud of her Southern roots. She learned a lot about family, manners, and responsibility. When she was seven, she starred in some TV ads for a flower shop, which got her interested in acting. By age 11, she was winning talent competitions. School came easy to her, and she was a bookworm. Reese Witherspoon loved books so much that she’d go nuts in a bookstore, wanting to buy everything. Her parents called her “Little Type A” because she was always on top of things.
She went to Harding Academy for middle school and graduated from Harpeth Hall School in Nashville. She cheered in high school. After that, she went to Stanford to study English lit, but she left early to chase her acting dreams.
Reese Witherspoon’s Career
Early work and breakthrough
Reese Witherspoon began her acting career in 1991 with a big break in the movie “The Man in the Moon” where she unexpectedly landed the lead role of Dani Trant a young girl from Louisiana experiencing her first love. Critics were impressed with Roger Ebert praising her memorable first kiss scene. This role earned her a nomination for a Young Artist Award. She followed this success with roles in TV and film including “Wildflower” and “Desperate Choices: To Save My Child.”
Over the next few years, Witherspoon continued to shine in various roles. In 1993, she appeared in the miniseries “Return to Lonesome Dove” the Disney film “A Far Off Place” and the movie “Jack the Bear” which won her another Young Artist Award. She kept momentum with films like “S.F.W.” in 1994 and had a standout performance in 1996’s “Fear” alongside Mark Wahlberg.
By 1998, Reese Witherspoon was landing major roles in films like “Pleasantville” and “Twilight” where she showed her versatility in both drama and comedy. Her role in “Pleasantville” earned her the Young Hollywood Award for Best Female Breakthrough Performance. The following year she starred in “Election” which brought her critical acclaim and several award nominations marking her as a standout in Hollywood.
Worldwide recognition
After a brief struggle with typecasting, Witherspoon bounced back in 2001 with “Legally Blonde” a role that solidified her as a leading lady in comedy. The film’s success led to a sequel and showcased her comedic talents. She continued her diverse career with roles in films like “Sweet Home Alabama” and “Vanity Fair” where she received mixed reviews but maintained her status as a top actress. Her portrayal of June Carter Cash in “Walk the Line” in 2005 earned her widespread acclaim and numerous awards including an Academy Award for Best Actress.
Reese Witherspoon shared that she struggled in her career for a few years. She felt lost after her divorce in 2006 and spent time just trying to feel better. During this period she wasn’t making projects she was passionate about just working to get by. Audiences didn’t respond well to her work either.
Career setbacks and romantic comedy films
She returned to films in 2007 with “Rendition” playing a pregnant wife. The movie didn’t do well critically. In 2008, she starred in “Four Christmases” with Vince Vaughn which made a lot of money despite bad reviews. She took a break from live-action films for two years after that finding it hard to find roles she liked.
Reese Witherspoon came back with romantic movies from 2010 to 2012 all featuring her in love triangles. These films didn’t do well either. Despite these setbacks, she continued acting starring in different roles like a circus performer in “Water for Elephants” and a woman in a romantic rivalry in “This Means War”.
In 2012, she played a small role in “Mud” and starred in “Devil’s Knot” as a grieving mother. Despite mixed reviews, she was praised for her performances.
In the same year, Reese Witherspoon started her own production company Pacific Standard aiming to create films with strong female leads. She produced “Gone Girl” and starred in “Wild” which was a critical success. Her performance in “Wild” marked a turning point in her career earning her an Academy Award nomination.
She continued her career with diverse roles appearing in dramas like “The Good Lie” and “Inherent Vice”. Witherspoon also ventured into comedy with “Hot Pursuit”.
Television success
In 2016, Reese Witherspoon had a voice role in the movie Sing and also sang on its soundtrack. Sing was her most successful movie financially making over $200 million in the U.S. and $600 million worldwide. That same year she started filming her first TV project since 1993 a miniseries called Big Little Lies based on a bestseller by Liane Moriarty.
Witherspoon not only acted in it but also helped produce it with Nicole Kidman. The show got a lot of praise with TVLine calling her “Performer of the Week” several times. HBO liked it so much that they renewed it for a second season in 2017 which aired in 2019. She also starred in a romantic comedy called Home Again released in 2017.
In 2018, Witherspoon was in Disney’s “A Wrinkle in Time playing Mrs. Whatsit.” It was directed by Ava DuVernay and had Oprah Winfrey and Mindy Kaling in it. Around the same time she started hosting “Shine On with Reese” on DirecTV where she interviews women about their careers. This was her first time doing an unscripted TV show.
Reese Witherspoon produces and acts in “The Morning Show” on Apple TV+ with Jennifer Aniston and Steve Carell. The show got two seasons from Apple and started airing in 2019. Witherspoon got Golden Globe nominations for her work on the show. The second season was delayed by the COVID-19 pandemic but eventually premiered in 2021. She’s also an executive producer for Truth Be Told on Apple TV+ starring Octavia Spencer which started in 2019 and got renewed.
In 2020, she produced and starred in “Little Fires Everywhere” on Hulu with Kerry Washington based on Celeste Ng’s novel. She also narrated “Fierce Queens” a nature documentary on Quibi about female animals.
Reese Witherspoon will continue producing and acting in TV series including projects for Apple TV+ Amazon Prime Video ABC Starz and Netflix. She’s set to produce three films for Netflix including Pyros and two romantic comedies and two other films including “A White Lie” starring Zendaya and a documentary about Martina Navratilova. She’s also coming back as Elle Woods in “Legally Blonde 3” which will be written by Dan Goor and Mindy Kaling.
Reese Witherspoon’s Personal Life
Reese Witherspoon and Ryan Phillippe first met at her 21st birthday bash in March 1997. They got engaged in December 1998 and tied the knot on June 5, 1999, in South Carolina. They have two kids together: Ava born in 1999 and Deacon born in 2003. But sadly, they split in October 2006 and finalized their divorce in June 2008. They share joint custody of their children.
After her divorce, Reese Witherspoon dated Jake Gyllenhaal for a couple of years. Then in 2010, she started seeing Jim Toth a talent agent at her agency. They got engaged in December 2010 and married in March 2011 at her ranch in California. They welcomed a son named Tennessee in 2012. In 2013, Witherspoon got into trouble with the law after a DUI incident involving Toth. She faced charges of obstruction and paid some fines.
In March 2023, after 11 years together, Witherspoon and Toth announced their split. They shared the news on Witherspoon’s Instagram, just before what would have been their 12th anniversary.
Reese Witherspoon’s Philanthropy
Reese Witherspoon is more than just a Hollywood star – she’s a powerhouse entrepreneur and advocate for causes close to her heart.
Back in the day, she started a production company called “Type A Films.” People thought it was because she was super organized and on top of things, like a “Little Miss Type A” from her childhood. But Reese set the record straight. The name came from a family joke. When she was just 7, she already knew fancy terms like “type A” and “type B” personalities. But she joked that she wished she’d named it something simpler, like “Dogfood Films” or “Fork.”
Later on, in 2012, Reese Witherspoon joined forces with Bruna Papandrea to create a new production company called Pacific Standard. They made movies and shows focused on telling women’s stories. But in 2016, Reese took full control of the company.
Pacific Standard then became part of Hello Sunshine, a company Reese co-owns with Otter Media. They’re all about sharing stories by and about women, through movies, TV, and the internet. Reese even started the Hello Sunshine book club where she recommends her favorite reads.
But Reese didn’t stop there. In 2015, she launched Draper James a fashion and home décor brand inspired by her Southern roots. It’s named after her grandparents who she looks up to. Some of the stuff they sell is made right in-house.
In 2017, Elizabeth Arden, Inc. brought Reese on board as their chief storyteller. She helps shape how people see the brand with a focus on telling stories that celebrate women.
Outside of work, Reese Witherspoon is big on giving back. She’s been supporting Save the Children for years, helping kids all over the world get the help they need. She’s also on the board of the Children’s Defense Fund where she fights for kids’ rights. After Hurricane Katrina, Reese went to New Orleans to help out, opening a school for kids affected by the disaster.
In 2007, Reese Witherspoon teamed up with Avon Products becoming their first Global Ambassador. She speaks up for the brand and supports the Avon Foundation which works on women’s issues like breast cancer and domestic violence.
And when COVID-19 hit in 2020, Reese showed her appreciation for teachers by giving them free dresses from Draper James. It’s just another example of how she’s always looking out for others.
Reese Witherspoon’s Awards
Reese Witherspoon has been in some really popular movies! Like “Election,” “Legally Blonde,” “Walk the Line,” “Monsters vs. Aliens,” “Mud,” “Wild,” and “Sing.” She’s been recognized a lot for her acting too. She’s been nominated for a bunch of awards, like the Oscars, Golden Globes, Screen Actors Guild Awards, and British Academy Film Awards.
She’s even won some big ones, like the Golden Globe for Best Actress in a Comedy or Musical, the Screen Actors Guild Award for Best Actress, the British Academy Film Award for Best Actress, and even the Academy Award for Best Actress for her role in Walk the Line as June Carter. Plus, in 2010, she got her star on the Hollywood Walk of Fame!
Reese Witherspoon Real Estate
In 2006, Reese Witherspoon bought a 7-acre ranch in Ojai, California, for $3.955 million. She and her husband, Jim Toth, got married there. In 2012, she listed it for $10 million but eventually sold it in 2013 for $4.983 million. A decade later, its value was back up to $10 million.
In 2014, Reese spent $12.7 million on a home in Pacific Palisades, Los Angeles. The house was unfinished, and she invested more money in upgrades, including a 24-hour guard station. She tried selling it in 2016 for nearly $20 million but only sold it in April 2020 for $17 million.
In August 2019, Reese bought a property in Malibu called Zuma Farms for $6.25 million and sold it in November 2020 for $6.7 million.
Reese also owns several properties in Nashville, Tennessee. In June 2022, she bought a 4-acre property with a 15,000-square-foot mansion for $18 million. She had also bought a mansion in 2018 for $3.7 million and sold it in 2022 for $7.3 million.
In addition, Reese owns a mansion in a private, gated community in the Bahamas.
Lastly, in March 2020, Reese purchased a 10,300-square-foot mansion in Brentwood, Los Angeles, for $15.895 million. She sold it in 2022 for $21.5 million to the heiress of the Hot Pocket fortune.
