Nicole Kidman's Rumored Romance With Michael Reinstein Is More Than a Fling, Source Says He's 'on Her Level Financially' and She's Thriving

Nicole Kidman's rumored romance with Michael Reinstein is heating up as sources say they're well-suited for each other in more ways than one.

"Michael definitely checks a lot of boxes. He's very good-looking and they have an obvious chemistry," sources told RadarOnline.com. "Besides that, he's on her level financially, so Nicole can enjoy him treating her like a queen without feeling guilty."

As OK! previously reported, the Babygirl actress, 59, and the American businessman, 54, were spotted together several times in July, including a cozy outing in Italy.

Reinstein founded the private equity firm Regent in 2013 and serves as the company's chairman and CEO. His net worth is estimated to be around $330 million, per Woman's Day.

The dating rumors came nearly six months after Kidman finalized her divorce from Keith Urban following 19 years of marriage. Since filing for divorce in September 2025, the actress has been focused on raising their two daughters, Sunday Rose, 18, and Faith Margaret, 15.

"Nicole knows her worth, plus she has her daughters and her career. Meeting a great man would just be icing on the cake," the insider added. "Nicole doesn't want to lock herself down just yet. She's got her mojo back and she's having fun exploring what's out there."

As for her relationship with Reinstein, sources claimed the Oscar winner was "refusing to label it."

"Michael was waiting at the airport in his Ferrari when Nicole flew in from New York City. Obviously, this was more than just a little holiday fling," the source explained. "When people ask, all she'll say is that she's having fun, but Michael is pursuing her very hard and she seems to be very charmed."

Kidman is known to keep her personal life out of the spotlight, but she admitted in an interview earlier this month that she didn't "expect" the end of her decades-long marriage.

"I had a different view of what my life was going to be, but this is what it is now," the Practical Magic star told Vogue on August 13. "You make all these plans and you have all these ideas of what it’s all going to be like and then it’s...not. You have to adjust. You adapt. The future, it’s completely unknown to me right now...Strange."

As Kidman's continues to explore her new single era, Urban made headlines earlier this week when he got visibly emotional while performing "We Go Back" – a song from his latest album about unrequited love for an ex – at a concert in Atlantic City, N.J.

"This song is about a guy and a girl from a small town. And they know each other so well. They grew up on the same streets. They know all the same places," the "Days Go By" artist said as he introduced the song. "They were the first of their friends to fall in love. They had a good thing going until the guy screwed it up."

Urban paused before saying, "I will do that."

The musician explained the former lovers reunited after several years, with the guy in disbelief when he saw her looking "exactly the same."

"They start talking, they are getting along great. She tells him she's got somebody else," the "Somebody Like You" singer continued, before reciting the song's chorus.

"'I know I never should have let you go. I was young and dumb, and I messed it all up bad,'" he said on stage. '"You tell me that it's too late now, 'cause there's somebody new around. But what we've got is the one thing you'll never have. We go back."'

As he sang the sad ballad, the dad-of-two could be seen wiping away tears.