Reese Witherspoon denies rumors that her net worth has exceeded $1 billion.

Reese Witherspoon, despite the title of “world’s richest actress”, refutes the gossip that her wealth is more than $1 billion. Recently, it was made known that Consortium Brand Partners had gained a majority 70% stake in Draper James, the fashion and lifestyle brand owned by Witherspoon.

After the purchase, people started to wonder if Reese Witherspoon could soon become a billionaire due to the sale of her production company, Hello Sunshine, for a staggering nine hundred million dollars in 2021.

“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 is estimated to be worth around $440 million. She appears on the Apple TV+ series The Morning Show, where she is also one of the producers. Other famous female billionaires include Oprah Winfrey ($2.8 billion), Kim Kardashian ($1 billion), and Rihanna ($1.7 billion).

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