Although labeled the "world's richest actress" by Forbes Magazine, Reese Witherspoon is denouncing rumors that her net worth has exceeded $1 billion. Speaking at the INBOUND conference in Boston last week, just days after 70% of her fashion brand Draper James was acquired by Consortium Brand Partners per Forbes, Witherspoon says any speculation she had reached billionaire status was false. CLICK HERE TO SIGN UP FOR THE ENTERTAINMENT NEWSLETTERIn June, Forbes released a list of the wealthiest self-made women in various industries. Speaking of the success she has generated throughout her career, Witherspoon says the opinions of others are not valuable to her. You’re totally free."

Source: Forbes September 12, 2023 15:24 UTC