News >> Finance >>

Celebrities' Best and Worst Investments

Friday, 17 August 2012, 23:54 IST
By SiliconIndia
35
41
12


2. Kevin Bacon and Kyra Sedgwick



Kevin Bacon is an American film and theater actor whose notable roles include Animal House, Diner, Footloose, Flatliners, Wild Things and A Few Good Men. In 2008, Kevin Bacon and his wife Kyra Sedgwick were the victims of a huge $50 billion Ponzi scheme of Bernie Madoff’s. This fraud scheme has left them with almost ‘nothing’. The couple never revealed in public that how much they have lost in this scheme. As told to Details Magazine, Bacon said, “I’m not going to say it didn’t have its emotional downsides, but we’re both young, and we both had the ability to work and roll up our sleeves and start putting the pieces back together. The truth is that we went through it together.” He also told Howard Stern on his Sirius XM show, “Hang on, we’re okay. We’re looking at each other, we got a nice apartment, and our kids are healthy. There are other people who had it a lot worse.”

Loading...