Sharon Stone shared that she was among the victims of the collapse of the recent banking crisis
Sharon Stone made the shocking revelation that she lost half of her hard-earned money in the wake of the banking crisis.
The Basic Instinct actress, who reportedly has a £50 million fortune, was present in a glitzy Hollywood fundraising charity event last week where she urged attendees to donate generously to the cancer charity and later shared that she lost millions.
"I just lost half my money to this banking thing and that doesn't mean that I'm not here."
It remains unclear which bank Stone deposited her funds into, which were not disclosed, however considering the timing of the event, it was just days after it emerged that Silicon Valley Bank and Signature Bank had collapsed.
The collapse of the second and third largest bank marked a massive financial decline of US history since the fall of Washington Mutual Bank in the 2008 financial storm.
Following the decline of Silicon Valley Bank, the US Federal Reserve barged in to guarantee deposits of the banks therefore it is reportedly unlikely that Stone, who resides in an £18million Beverly Hills mansion, will lose her fortune.
The reserve set up the Federal Deposit Insurance Corporation (FDIC) that now holds all the Silicon Valley Bank's assets.