How Kevin Spacey went from $70 million internet price to homeless following sexual assault scandal

Kevin Spacey was as soon as thought of one of many largest male actors on this planet, with a formidable estimated internet price of between $50 and $70 million.

It is a far cry from the American Magnificence star’s present actuality, because the actor admits he is now homeless and is compelled to go ‘wherever the work is’ following monetary destroy.

The 66-year-old’s fall from grace got here in 2017 after actor and singer Anthony Rapp got here ahead with allegations that Spacey had sexually assaulted him at a celebration in 1986, when he was simply 14 and Spacey was 26.

On the time of the allegations being made, Spacey was starring in Netflix’s Home of Playing cards, and he was dropped from his function instantly.

Spacey publicly apologised to Rapp, and though he was discovered not liable within the civil sexual battery case introduced towards him in 2020, many extra males got here ahead with accusations of abuse by the hands of the actor.

In 2022, the actor confronted legal fees within the UK after the Crown Prosecution Service charged him with 4 counts of sexual assault towards three males, plus a cost of ‘inflicting an individual to have interaction in penetrative sexual exercise with out consent.’

Later that 12 months, seven extra fees had been added, referring to a fourth man.

Spacey was ultimately acquitted on all fees; nevertheless, the actor stated he was left owing ‘many hundreds of thousands’ in authorized charges, together with his total internet price believed to have been worn out by the scandal.

Now, the actor says his Baltimore dwelling needed to be auctioned off on account of his ‘not nice’ monetary state of affairs, with little or no cash coming in after work dried up following the allegations.

“I am dwelling in lodges, I am dwelling in Airbnbs. I am going the place the work is,” he told the Telegraph.

“I actually haven’t any dwelling, that is what I am making an attempt to elucidate.”

He continued: “The prices over these final seven years have been astronomical. I’ve had little or no coming in and the whole lot going out.”

Since being shunned by Hollywood, Spacey has labored in a variety of smaller productions alongside first time filmmakers, in addition to performing in a range present in Cyprus.

“We’re in contact with some extraordinarily highly effective individuals who need to put me again to work,” he stated.

“And that can occur in its proper time. However I can even say what I feel the business appears to be ready for is to be given permission by somebody who’s in some place of huge respect and authority.”

Regardless of his exile, Spacey seems optimistic he’ll quickly be welcomed again into the fold to choose up his profession the place he left off.

“So, my feeling is that if Martin Scorsese or Quentin Tarantino name Evan [his manager] tomorrow, it is going to be over,” he stated.

“I can be extremely honoured and delighted when that stage of expertise picks up the telephone.”