Reese Witherspoon Denies Reports That She Is a Billionaire

Reese Witherspoon is shutting down rumors about her financial status.

The 47-year-old actress has denied reports that she is a billionaire, which stem from the $900 million sale of her production company Hello Sunshine in 2021, as well as a more recent move.

Keep reading to find out more…

On Wednesday (September 6), news broke that Consortium Brand Partners had purchased a 70% ownership stake in Draper James, Reese‘s clothing brand.

Amid speculation that Reese has joined the billionaire club, the Big Little Lies star set the record straight during an appearance at HubSpot’s annual INBOUND gathering in Boston, Mass. on Friday (September 8).

“They’re wrong,” Reese said of the reports during a conversation with NBC News Daily‘s Zinhle Essamuah. “That’s enormously flattering and if I ever touched the bottom of whatever Oprah’s magic golden boots do, I would be so lucky.”

Reese‘s net worth currently stands at around $400 million. She currently stars in the Apple TV+ series The Morning Show, to which she is also attached as a producer.

Check out Reese Witherspoon in The Morning Show season 3 trailer!