Acquisition

Reese Witherspoon: $900M moved in 2021

Blackstone-backed Candle Media bought a controlling stake in her production company Hello Sunshine.

The figure

  • Amount900,000,000 US dollars
  • CategoryAcquisition
  • CorridorLos Angeles, United States → New York, United States
  • Distance3.9K km apart
  • Year reported2021
  • Documentation confidence88/100

What that amount buys

$900M is roughly 12 long-range private jets, 2.1K median-priced US homes, or 11.2K years of median US household income.

Reese Witherspoon is publicly known as actress and producer, hello sunshine. The arc drawn for this entry joins Los Angeles and New York because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.

Source

Comparable acquisition entries