Reese Witherspoon and Jim Toth, after almost 12 years of marriage and a nearly $1 billion deal, announced their divorce two days before their 12th anniversary. The decision, mutual and amicable, comes after 18 months of growing apart. They remain focused on their 12-year-old son Tennessee, prioritizing co-parenting.

A close friend revealed that despite their successful business ventures, including selling Hello Sunshine for nearly $1 billion in 2021, they developed different life goals. The source shared, “It was never if with Reese and Jim but when,” pinpointing the disconnection starting in late 2021.

Toth’s career change five years ago, leaving the agency world for investment and advising, played a significant role. The insider noted, “Jim isn’t the guy Reese married and had a son with anymore,” describing a substantial shift in Toth’s persona and perspective.

Despite ups and downs, including a 2013 arrest, Witherspoon had expressed love for Toth publicly. The divorce decision reflects their evolved priorities post their lucrative deal. While co-parenting remains a priority, Toth plans to explore new opportunities with the wealth accumulated.