ladbible homepage
ladbible homepage
  • iconNews
  • videos
  • entertainment
  • Home
  • News
    • UK
    • US
    • World
    • Ireland
    • Australia
    • Science
    • Crime
    • Weather
  • Entertainment
    • Celebrity
    • TV
    • Film
    • Music
    • Gaming
    • Netflix
    • Disney
  • Sport
  • Technology
  • Travel
  • Lifestyle
  • Money
  • Originals
    • FFS PRODUCTIONS
    • Say Maaate to a Mate
    • Daily Ladness
    • UOKM8?
    • FreeToBe
    • Citizen Reef
  • Advertise
  • Terms
  • Privacy & Cookies
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Archive
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Submit Your Content Here
  • SPORTbible
  • Tyla
  • GAMINGbible
  • LADbible Group
  • UNILAD
  • FOODbible
  • UNILAD Tech
How Kevin Spacey went from $70 million net worth to homeless following sexual assault scandal

Home> Entertainment> Celebrity

Published 12:37 20 Nov 2025 GMT

How Kevin Spacey went from $70 million net worth to homeless following sexual assault scandal

Kevin Spacey has admitted he's homeless after losing all his money to legal fees following sexual assault charges

Emma Rosemurgey

Emma Rosemurgey

google discoverFollow us on Google Discover

Kevin Spacey was once considered one of the biggest male actors in the world, with an impressive estimated net worth of between $50 and $70 million.

This is a far cry from the American Beauty star's current reality, as the actor admits he's now homeless and is forced to go 'wherever the work is' following financial ruin.

The 66-year-old's fall from grace came in 2017 after actor and singer Anthony Rapp came forward with allegations that Spacey had sexually assaulted him at a party in 1986, when he was just 14 and Spacey was 26.

At the time of the allegations being made, Spacey was starring in Netflix's House of Cards, and he was dropped from his role immediately.

Advert

Spacey publicly apologised to Rapp, and although he was found not liable in the civil sexual battery case brought against him in 2020, many more men came forward with accusations of abuse at the hands of the actor.

Kevin Spacey faced criminal charges in London in 2023 (Wiktor Szymanowicz/Future Publishing via Getty Images)
Kevin Spacey faced criminal charges in London in 2023 (Wiktor Szymanowicz/Future Publishing via Getty Images)

In 2022, the actor faced criminal charges in the UK after the Crown Prosecution Service charged him with four counts of sexual assault against three men, plus a charge of 'causing a person to engage in penetrative sexual activity without consent.'

Later that year, seven more charges were added, relating to a fourth man.

Spacey was eventually acquitted on all charges; however, the actor said he was left owing 'many millions' in legal fees, with his entire net worth believed to have been wiped out by the scandal.

Now, the actor says his Baltimore home had to be auctioned off as a result of his 'not great' financial situation, with very little money coming in after work dried up following the allegations.

"I'm living in hotels, I'm living in Airbnbs. I'm going where the work is," he told the Telegraph.

"I literally have no home, that's what I'm attempting to explain."

He continued: "The costs over these last seven years have been astronomical. I've had very little coming in and everything going out."

Spacey is now believed to be worth $2 million, with him admitting his financial situation 'isn't great' (Monica Schipper/Getty Images for amfAR)
Spacey is now believed to be worth $2 million, with him admitting his financial situation 'isn't great' (Monica Schipper/Getty Images for amfAR)

Since being shunned by Hollywood, Spacey has worked in a number of smaller productions alongside first time filmmakers, as well as performing in a variety show in Cyprus.

"We are in touch with some extremely powerful people who want to put me back to work," he said.

"And that will happen in its right time. But I will also say what I think the industry seems to be waiting for is to be given permission by someone who is in some position of enormous respect and authority."

Despite his exile, Spacey appears optimistic he will soon be welcomed back into the fold to pick up his career where he left off.

"So, my feeling is if Martin Scorsese or Quentin Tarantino call Evan [his manager] tomorrow, it will be over," he said.

"I will be incredibly honoured and delighted when that level of talent picks up the phone."

Featured Image Credit: Aldara Zarraoa/Getty Images

Topics: Kevin Spacey, Celebrity

Emma Rosemurgey
Emma Rosemurgey

Emma is an NCTJ accredited journalist who recently rejoined LADbible as a Trends Writer. She previously worked on Tyla and UNILAD, before going on to work at the Mirror Online. Contact her via [email protected]

Recommended reads

Chilling ‘Ghost Murmur’ device used for first time that can ‘find you if you have a heartbeat’Islamic Revolutionary Guard Corps/Anadolu via Getty ImagesAirports forced to change X-ray machines after reality of what security could see revealedXMinute-by-minute timeline of what would happen in first moments of nuclear bombGetty StockGilgo Beach serial killer shares horrific details of how he killed victims in front of their relativesJames Carbone - Pool/Getty Images

Advert

Choose your content:

8 hours ago
9 hours ago
10 hours ago
11 hours ago
  • SKY
    8 hours ago

    Harry Potter stunt co-ordinator ‘still blames himself’ for incident that left actor paralysed

    David Holmes was left partially paralysed after breaking his neck during filming

    Entertainment
  • Michael Tran/AFP via Getty Images
    9 hours ago

    Nikki Glaser explains why she allows boyfriend to sleep with other women

    "I want a guy that other girls want"

    Entertainment
  • Julian Finney/Getty Images
    10 hours ago

    Tyson Fury responds after dad John said their relationship is ‘completely destroyed’

    The former heavyweight champion will return to the ring this weekend

    Entertainment
  • Max Mumby/Indigo/Getty Images
    11 hours ago

    What Ashley Roberts said about ‘fling’ with Declan Donnelly after I’m A Celeb stint

    The pair hit it off during the 2012 incarnation of ITV's jungle series

    Entertainment
  • Dr Phil's company tried to file for bankruptcy despite personal $400 million net worth
  • Ashton Kutcher quietly built a $1 billion business away from Hollywood to earn $200 million net worth
  • What Is Kevin Spacey's Net Worth In 2022?
  • Kevin Spacey releases 'bizarre' video attacking co-star who said he was ‘scared’ of actor