Reese Witherspoon’s $46M Real Estate Assets Up for Grabs in Jim Toth Divorce Despite Oscar-Winning Actress Doing Almost all The Legwork to Buy Them
Reese Witherspoon and Jim Toth have been a pretty stable couple who initiated their marital life in 2011. While their relationship looked great on the outside, many might not have expected the duo to announce their separation especially when they seemed like the meant-to-be couple. Their separation was finally unveiled last month amid several reports that the duo is not on good terms.
Now that the estranged pair has finally decided to call it quits on their marriage, the Oscar-winning actress’s portfolio is also in for her divorce even though she had done a lot to own it. She has been an active personality in purchasing and selling estates which strengthened her portfolio at a great level.
What is at Stake in Reese Witherspoon and Jim Toth’s Divorce?
As per reports by RadarOnline, the 47-year-old actress, Reese Witherspoon has been preparing for her divorce for quite a while as her real state portfolio is now at a whopping $46 million. In the first half of the last year, she bought 4 properties for nearly $28 million with one in Los Angeles and three somewhere around Tennessee. She added another estate to her portfolio back in July.
The duo had their hands on an $18 million luxurious estate in the prime area of Nashville which is surrounded by nature. The property is estimated to be nearly four acres which offer a 15,000-square-foot main house built in 2020 by the original owners. It also comes with a lavish backyard that features a full-size tennis court, a separate pool house, and a gorgeous swimming pool.
The actress has been quite accustomed to purchasing and selling off several properties previously. She has offloaded three estates after purchasing them, one in the Pacific Palisades neighborhood, a second in celebrity-filled Malibu, and the third being in Ojai.
She once bought a property in the Los Angeles neighborhood of Brentwood, CA under $16 million however, sold it to a Hot Pockets heiress for an impressive $21.5 million. While her portfolio is quite great which would help her in the future, this might be included in the divorce settlement.
What Went Wrong in Jim Toth and Reese Witherspoon’s Relationship?
Also Read: Reese Witherspoon Reportedly Dating $200M Rich Tom Brady, Left Ex-Husband Who Lost His Last Job
The estranged couple shared a joint statement on March 24th to end their relationship of 12 years. They instantly hit it off after meeting each other in 2010. Soon after dating each other, they got engaged and exchanged vows in 2011. Sharing a 10-year-old son, Tennessee, their relationship started to crumble due to the ups and downs they were facing in their relationship. Insiders claimed that their relationship has been going quite rough for a while meanwhile the businesswomen’s busy schedule only acted as an addition to their mending bonds.
A source shared,
“Reese is always on the move. She’s the kind of woman who bounces off the walls, whereas Jim is a placid dude.”
They further continued that the Wild star’s “hecticness” was “sometimes hard to handle” which might have escalated their divorce scenario. The duo was publicly last seen in London in July of last year. The estranged pair made their split an amicable decision as per insiders and will be co-parenting their kid together.
Source: RadarOnline
