Kevin Spacey bursts into tears tonight when he reveals that he has no money and is forced to sell his house.
The disgraced Hollywood actor tells Piers Morgan Uncensored that he is about to be declared bankrupt after having to pay millions in legal fees to fight a high-profile sexual assault court case.
In the explosive interview airing at 8pm on YouTube, Spacey, 64, reveals his Baltimore home is being auctioned off because he can no longer afford to pay the bills.
When asked where he lives now, he says, “So the answer to that question is: I’m not really sure where I’m going to live now, but I’ve been in Baltimore since we started filming House of Cards there.”
He has twice avoided bankruptcy since Hollywood cut him off after allegations were made against the double Oscar winner of sexual misconduct in 2017.
Kevin Spacey bursts into tears tonight when he reveals that he has no money and is forced to sell his house.
Disgraced Hollywood actor tells Piers Morgan Uncensored that he is on the brink of bankruptcy after having to pay millions in legal fees
Streaming giant Netflix also fired Spacey for breach of contract. In 2021, an arbitrator ordered him to pay almost $31 million to the studio that made the hit Netflix show, House of Cards.
But in February it reached an agreement with Media Rights Capital (MRC) to pay $1 million.
And Spacey reveals in the interview with Morgan that he is now practically penniless and owes “many millions.”
“Well, I mean you have some idea about legal bills,” he says. “I still owe a lot of legal bills that I haven’t been able to pay.”
Spacey was one of the most recognizable faces in Hollywood until allegations of sexual misconduct surfaced.
In July last year, Spacey faced trial at Southwark Crown Court on nine counts of sexual offenses in a case involving four men. He vehemently denied his claims and the jury acquitted him of all charges.
Spacey said he felt “humiliated” after being acquitted of sexual assault in a high-profile trial involving Sir Elton John. give evidence in your defense.
He was fired from the Netflix series House of Cards in 2017 after being accused of sexually abusing actor Anthony Rapp when he was 14 and Spacey was 26.
Spacey was found not responsible during a civil trial in New York in 2022, and the jury concluded that the act had not taken place.
Spacey won two Academy Awards for best supporting actor for The Usual Suspects in 1996 and best actor in 2000 for American Beauty, which also secured him a Bafta for leading actor.
Last month he emotionally vowed that he “won’t give up acting” after fresh allegations were made against him in an explosive Channel 4 documentary.
The star accused the broadcaster of “having an agenda” in deciding to go ahead with airing his two-part film, Spacey Unmasked.
The documentary presented unpublished testimonies about the actor’s alleged inappropriate behavior.
Spacey appeared on the verge of tears and his voice began to crack during an emotional interview this week as he defiantly vowed not to give up on his return to Hollywood.
A host of celebrities, including Liam Neeson and Sharon Stone, have rallied around the Oscar-winning star to call for an end to his “seven years of exile.”
Speaking to The Telegraph, he admitted he had behaved badly and done inappropriate things in the past.
But he said he had focused on growing and becoming a better person for the past seven years.
In the explosive interview, Spacey reveals that he is practically penniless and still has legal bills to pay.
Kevin Spacey addresses the media outside Southwark Crown Court after being found not guilty of sexual offenses between 2001 and 2013.
Pictured: Spacey outside Southwark Crown Court in July 2023 after being found not guilty of sexually assaulting three men.
The two-time Oscar-winning actor has defiantly vowed not to give up acting after being in “exile” for seven years (Spacey pictured in Los Angeles in 1996 after winning best supporting actor for his role in The Usual Suspects ).
Speaking to Piers Morgan Uncensored, the double Oscar winner said he is now on the brink of bankruptcy due to his multimillion-dollar legal fees and has been forced to sell his house.
Spacey starred alongside Mena Suvari in Sam Mendes’ 1999 Hollywood film American Beauty.
He won the Oscar for Best Actor in 2020 for his role in American Beauty playing Lester Burnham, a man going through a midlife crisis.
Spacey was one of the most recognizable faces in Hollywood until allegations of sexual misconduct were made in 2017, and streaming giant Netflix cut ties with the actor.
Kevin Spacey broke down in tears during an emotional interview with The Telegraph
Liam Neeson (pictured in the 2014 film Non-Stop) calls for Spacey to be allowed to resume his acting career in Hollywood after being acquitted of sexual assault charges.
Defending Spacey, Sharon Stone said she “can’t wait to see Kevin back at work.”
“If anyone thinks that I don’t deeply regret the mistakes I’ve made or the decisions I’ve made or that I hurt someone along the way, then they’re not aware of the personal work I’ve been doing for the last seven years,” he claimed.
Appearing to be on the verge of tears, his voice began to crack as he continued, “If anyone thinks I’m going to quit acting, they’ve misunderstood me in every way.”
Defending Spacey, Sharon Stone said, “I can’t wait to see Kevin back at work.”
‘He is a genius. “He is very smart and funny, extremely generous and he knows more about our craft than most of us,” he told the Daily Telegraph.
The Basic Instinct star, 66, said it was clear that aspiring actors “wanted and want to be close to him.”
Liam Neeson also gave a brilliant testimony to Spacey’s character.
‘I was deeply saddened to learn of these accusations against him. “Kevin is a good man and a man of character,” he said.
‘He is sensitive, articulate and non-judgmental, with a tremendous sense of humor. He is also one of our greatest performers on stage and on camera. Personally, he is greatly needed and missed by our industry.’