MESSY $650 MILLION DIVORCE!
THE SPLIT HAS BEEN A LONG TIME COMING
Another showbiz couple has bit the dust, but it’s come as no surprise to virtually everyone in Hollywood. Taking to Instagram, Reese Witherspoon shared that she and husband, Jim Toth, had made the “difficult decision” to divorce; the news coming just two days before their 12th wedding anniversary.
With the couple, who share 10-year-old son Tennessee, having been in a bad place for some time, friends say they are “relieved” to be finally moving forward, and have their fingers crossed that a “Brangelina horror show divorce” isn’t on the way.
“Reese and Jim have been fleshing out this divorce for well over a year now,” says one long-time pal. “This is a controlled demolition – no dramas, no surprises and everything wrapped up in a bow for the divorce judge to sign.
“There are still some issues over their art collection, but Reese is making sure Jim’s not left destitute, despite blowing all his fortune in 2020.”
Reese and Jim married in March 2011 after first being linked in February 2010. At the time Jim, 52, controlled the careers of half of Hollywood’s A-list at top talent agency CAA, where Reese was a client.
However, he walked away in 2019 and poured his money into the tech startup Quibi. Sadly, it failed just six months later, leaving Jim virtually dependent on Reese’s almost $650 million fortune. It’s said that this signalled the beginning of the end for the couple.
“Jim went from hero to zero and it changed him.
“He started getting tattoos and piercings, which Reese didn’t mind, but his insecurities were something she didn’t know how to handle,” shares the insider.
“Nothing seemed to pull
him out of his slump. Sadly, there was no way an alpha like Reese was going to stick around.”
Even so, another source says Reese, 47, is “upset” that she’s notched up another failed marriage. She was previously married to actor Ryan Phillippe, with whom she shares elder kids Ava, 23, and Deacon, 19.
In 2020, rumours that Reese and Jim were living separate lives turned out to be true. Son Tennessee started dividing his time between his mum’s Brentwood house and his dad’s place in Malibu.
“This was probably the worst-kept secret in Hollywood,” adds the pal.
“These big celebrity divorces are rarely out of the blue. But yes, 2020 was a trial separation that didn’t really end.”
There have been no plates smashed or infidelities, but a lot of blame has been thrown around – even going back so far to 2013, when the couple were pulled over by the police. Reese was arrested and charged with disorderly conduct while Jim got a DUI.
“There are still a lot of personal items to be divided up, but Jim should walk away with a house, alimony and child support,” says the source. “The only hurdle left is their art collection, which won’t be easy to divide up. Every piece they bought together, and it will be deeply personal and emotionally charged.
“It hasn’t been an easy road for them, but there’s no doubt Reese won’t stay single for long. She’s been lonely as hell, but it’s going to take someone super special before she walks down the aisle again.”