Sharon Stone Lost “Half of My Money to This Banking Thing”

Actress Sharon Stone tearfully claimed Thursday night that she lost “half” of her fortune in the recent economic turmoil stemming from the failure of Silicon Valley Bank and Signature Bank of New York.

Stone spoke about the financial blow she took while urging people to donate to cancer research during a speech at the Women’s Cancer Research Fund fundraiser in Beverly Hills.

“I know this thing you have to go through and knowing how to send money via text messages is tough,” Stone said during her speech. “I’m technically an asshole, but I can write a check (expletive). Now, that’s bravery, too, because I know what’s going on. I just lost half my money on this banking thing, which doesn’t mean I’m not here.”

The “Basic Instinct” star did not explain her financial situation or exactly the cause of her personal losses, days after SVB and Signature Bank collapsed in the second and third largest bank failures in US history, respectively.

And the feds stepped in to guarantee all deposits held at the two banks, whether insured or otherwise, making it unlikely that the actress would have lost money associated with either company.

However, fears of spreading contagion have sent regional banks rushing and stocks falling sharply this week, raising the possibility that their losses are related to the sell-off that occurred in the days after the banks failed.

The Post could not independently verify its claims, and has reached out for comment.

Stone, who received the nonprofit’s Courage Award, offered an emotional description of her own battle with breast cancer and praise for the other survivors in the room. The speech ended with a standing ovation.

Sharon Stone
Sharon Stone got emotional during the speech at the Women’s Cancer Research Fund fundraiser.
Miscellaneous via Getty Images

The collapse of the SVB triggered huge volatility in the stock market.
Terry Schmidt/UPI/Shutterstock

Stone also made a mention of her brother Patrick, who died last month at the age of 57 from heart disease, according to The Hollywood Reporter.

“My brother just died, and that doesn’t mean I’m not here. This isn’t an easy time for any of us,” Stone said. “This is a tough time in the world, but I tell you what, I don’t have a politician telling me what I can and can’t do. How can I live and not be able to live, what is the value of my life and what is not. So whoa. Stand up and say what you deserve. I challenge you. That’s what courage is.”

DISCLAIMER:- Denial of responsibility! is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email at The content will be deleted within 24 hours.

Read original article here

Leave a Comment