Reese Witherspoon world’s richest actress as her company sells for £650million

Reese Witherspoon has become the richest actress in the world after selling her production firm for a whopping $900million (£650million).

The Legally Blonde beauty, 45, was already one of Hollywood’s wealthiest actresses, with her star status meaning she can ask for big bucks for both her movie and TV roles.

And selling Hello Sunshine to a media company backed by private equity giant Blackstone Group Inc has boosted her coffers even further.

According to Forbes, the mum-of-three is now worth $400m (£288m).

Sharing the news on Instagram, Reese said it was a “tremendous day”.

“I started Hello Sunshine to change the way all women are seen in media,” said the Oscar-winning Walk The Line star.

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“Over the past few years, we have watched our mission thrive through books, TV, film and social platforms.

“Today, we’re taking a huge step forward by partnering with Blackstone, which will enable us to tell even more entertaining, impactful and illuminating stories about women’s lives globally.”

Reese said she “couldn’t be more excited about what this means for our future”.

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“I am committed to continuing to create opportunity for filmmakers, authors and creators of all backgrounds and experiences to tell their stories in their own way, and reach more audiences who will see that their stories matter,” she went on.

“I am deeply proud of the team that got us to this incredible moment, and I’m thrilled to be working with Blackstone, Kevin Mayer and Tom Staggs to grow a next generation media company.

“They are committed to helping our mission to empower women and the people who celebrate them. One story at a time.”

Reese set up Hello Sunshine in 2016 and has focused on female-driven content, with smash hits Big Little Lies and The Morning Show among its success stories.

The Wall Street Journal reported the sale of the firm and said Reese would be on the board of the new company.

While the terms of the deal were not revealed, sources have valued Hello Sunshine at around £650million.

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