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Reese Witherspoon could be America’s next billionaire as she looks to sell her Hello Sunshine production company

Reese Witherspoon could be America’s next billionaire as she looks to sell her Hello Sunshine production company

Reese Witherspoon 2017 Winter TCA Tour - Day 10

Apple is reportedly interested in acquiring Reese Witherspoon‘s ‘Hello Sunshine’ media company, according to a new report from The Wall Street Journal.

The company is behind titles such as the HBO drama Big Little Lies, Hulu’s Little Fires Everywhere, Apple’s The Morning Show, and others. Hello Sunshine began pursuing a sale recently after receiving interest from multiple parties, including Apple. An acquisition could be worth up to $1 billion.

Hello Sunshine is working with investment bankers as it explores its options, the people familiar with the matter say. There is no guarantee the company will find a buyer.

Reese Witherspoon 7th Annual March Of Dimes Celebration Of Babies, A Hollywood Luncheon, At The Beverly Hills Hotel
Reese Witherspoon and Jim Toth attend the 7th Annual March of Dimes Celebration of Babies, a Hollywood Luncheon, at the Beverly Hills Hotel on December 7, 2012 in Beverly Hills, California. (Photo by Getty Images)

Witherspoon and her husband, Jim Toth, are reportedly working with partner Seth Rodsky and investors and business advisers to find a buyer for Hello Sunshine.

As of writing, it is unclear what the possible sale’s progress is and the reason behind for possible selling.

Reese Witherspoon founded the company to put the “women at the center of every story” in stories they create, according to their mission.

Reese Witherspoon Premiere Of Apple TV+'s "Truth Be Told" - Arrivals
Reese Witherspoon attends the Premiere Of Apple TV+’s “Truth Be Told” at AMPAS Samuel Goldwyn Theater on November 11, 2019 in Beverly Hills, California. (Photo by Frazer Harrison/Getty Images)

Back in April of this year, the Legally Blonde star confessed to feeling overwhelmed with her media company after it being named as TIME 100’s Most Influential Companies.

She previously wrote in an Instagram post, “I can’t properly express what a humbling experience it is to be recognized by @time as a business leader.”

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