Kevin Spacey, the once-celebrated actor, finds himself on the brink of financial ruin as he faces the harsh reality of bankruptcy. In a recent emotional interview with Piers Morgan, Spacey, now 64, opened up about his dire financial situation, revealing that his home in Baltimore is being foreclosed on and will soon be sold at auction. The actor, who has been embroiled in numerous legal battles over the past few years, admitted that he is struggling to pay his bills and has contemplated filing for bankruptcy multiple times.
Spacey, who was acquitted of sexual assault charges last year, confessed to being “handsy” and “pushing boundaries” in the past. Despite being cleared of the allegations, the legal fees have left him in a precarious financial position. “I can’t pay the bills that I owe,” he told Morgan, his voice breaking. “It’s been a couple of times when I thought I was going to file, but we’ve managed to sort of dodge it, at least as of today.”
The actor’s financial woes are compounded by the fact that he has been unable to find work in Hollywood since the allegations first surfaced in 2017. Spacey described how his world “exploded” when the accusations were made public, leading to a swift and severe fallout. “I lost everything,” he said, wiping away tears. “There was a rush to judgment, and before the first question was asked or answered, I lost my job, I lost my reputation, I lost everything in a matter of days.”
Spacey, who was once one of the most recognized faces in Hollywood, has seen his career come to a standstill. He recounted how his acting work dried up and his fortune dwindled in the face of mounting legal bills. “With a few exceptions over the last five, six years, I have not been able to work,” he said. “I’ve had no money coming in and I’ve had a lot of legal bills and things to fight against, and I haven’t paid it all off so I still owe money.”
During the interview, Spacey also addressed the public statement he made in the wake of the allegations, in which he came out as gay. He acknowledged that the timing of his coming out was poorly received by the LGBTQ+ community and expressed regret over how it was handled. “Members of the LGBTQ+ community were upset because I came out while I was responding to an accusation,” he said. “Now I understand why it was read that way, but I hadn’t put those two things together.”
Despite the challenges he faces, Spacey remains determined to rebuild his life and career. He expressed a desire to take accountability for his past actions and to learn from his mistakes. “I am absolutely 150% prepared to take accountability for those things that I did and the mistakes that I made,” he said. “Bad, bad, bad behavior sometimes.”
Spacey also revealed that he had received a message of support from King Charles amid his legal battles. Although he had not heard directly from the monarch, he expressed gratitude for the gesture. “I’m very grateful for that,” he said, adding that he did not want to drag the King into his personal issues, especially given the monarch’s own health challenges.
The actor’s financial struggles have forced him to make difficult decisions, including selling his home and putting his possessions in storage. “I’m not quite sure where I’m going to live now,” he admitted. “But I have been in Baltimore since we started shooting House of Cards there.”
Spacey remains hopeful that he will be able to return to acting and rebuild his career. “Get back on the horse,” he said when asked about his future plans. He also spoke about the importance of personal growth and learning from his experiences. “I’m learning, I’m growing. And do you know what? About the work, it never stops. I will be doing this work for the rest of my life.”
As he navigates this challenging period, Spacey is focused on taking responsibility for his actions and making amends where possible. He has reached out to individuals he may have wronged in the past and is committed to listening and learning from their perspectives. “It’s been important for me to hear and listen to someone else’s perspective, why they didn’t feel they could say something to me at the time,” he said. “It’s very, very important.”
Despite the setbacks, Spacey remains defiant and determined to move forward. He continues to deny the allegations made against him and maintains that he has been unfairly judged. “I never thought that [the man] I knew would 20 years later stab me in the back,” he said, referring to one of his accusers.
As he faces the possibility of bankruptcy and the uncertainty of his future, Kevin Spacey remains resolute in his desire to rebuild his life and career. His journey is far from over, and he is determined to emerge from this challenging period stronger and wiser.
