Reese Witherspoon and Jim Toth

Reese Witherspoon and her husband Jim Toth confirmed their divorce in 2023 – here’s their individual net worth explained.

The Legally Blonde star and her husband Jim Toth announced that they are parting ways after 12 years of marriage.

The coupe made the announcement in a joint statement shared on Reese’s Instagram account on Friday, two days after the actress celebrated her 47th birthday.

We take a look at their respective net worth earnings amid their heartbreaking announcement.

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Reese Witherspoon and Jim Toth annouce divorce

“We have some personal news to share,” Reese and Jim wrote in the joint Instagram post. “It is with a great deal of care and consideration that we have made the difficult decision to divorce.

“We have enjoyed so many wonderful years together and are moving forward with deep love, kindness and mutual respect for everything we have created together.”

They continued: “Our biggest priority is our son and our entire family as we navigate this next chapter. These matters are never easy and are extremely personal. We truly appreciate everyone’s respect for our family’s privacy at this time.”

The couple got engaged in 2010 and married in 2011. They welcomed one son together, 10-year-old Tennessee James Toth. Reese and her ex Ryan Phillippe share daughter Ava Phillippe, 23, and son Deacon Phillippe, 19.

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Reese Witherspoon: Net worth

Reese has a whopping net worth of $400 million as of 2023. While boosting an impressive acting portfolio, the actress is also a successful entrepreneur, producer, and published author.

She co-founded the media and production company Hello Sunshine, which she sold for a whopping $900 million in 2021 to another media company.

Moreover, she launched her own clothing line Draper James and the company has stores in Tennessee, Texas, Georgia, and Kentucky. 

Apart from that, Reese is an Academy winner for her role in Walk the Line and has appeared in the movies Legally Blonde, and Cruel Intentions, among many more.

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Jim Toth: Net worth

In comparison, Jim has worked as a talent agent and actor and is estimated to have a $4 million net worth, as per Celebrity Net Worth.

He serves as co-head of Creative Artists Agency’s motion picture talent department in Los Angeles. Clients of the company include successful actors, writers, directors and producers.

He reportedly has represented A-listers like Scarlett Johansson, Robert Downey Jr., and Matthew McConaughey.

Jim also has several acting credits listed to his name, including the television series According to Jim (2004) and the movies The Iceman and Dallas Buyers Club.

In other news, Are Coco Jones and Jennifer Hudson related?

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