Gwyneth Paltrow Retiring From Acting After Selling Goop

Gwyneth Paltrow has revealed that she plans to retire from Hollywood after selling her wellness and lifestyle company, Goop. In a recent interview with Bustle, Gwyneth revealed "[she has] no idea" when she will sell the company, "but [she] needs a few more years." She hinted that she might pass the torch on her 55th birthday.

Gwyneth has been acting since she was a teenager and won an Academy Award for Best Actress in Shakespeare in Love in 1999. In recent years, she has focused more on Goop, which she founded in 2008. Goop has become a multi-million dollar company, selling everything from skincare and clothing to home goods and travel experiences. However, Gwyneth doesn't care about success. "I get fulfillment from creating, collaborating, and being struck with new ideas," she said. The soon-to-be former actress' comments are surprising considering her success in her business venture, Goop, is estimated to be worth around $250 million.

Money or wealth has never been high up on the stakes for Gwyneth. "I could never get attracted to the really rich guy," she said. "And I don't make choices to build value in the wrong way. I've always done independent films. I don't know. Money has never been my thing. It's never been my driver."

Gwyneth also spoke about the term "nepo baby," which describes children of celebrities who follow in their parent's footsteps. "I think nepo babies get a really bad rap," she said. "My daughter wants nothing to do with the industry, but even if she did, I don't think there's anything wrong with that. Nobody rips on a kid who's like 'I want to be a doctor like my dad and granddad.' The truth is if you grow up in a house with a lot of artists and people making art and music, that's what you know, the same way that if you grow up in a house with law, the discussions around the table are about the nuances of whatever particular law the parents practice." Gwyneth added that she thinks the term "nepo baby" is an "ugly moniker." She continued, "I just hope that my children always feel free to pursue exactly what they want to do, irrespective of what anybody's going to think or say," she said.