Is Kevin Spacey broke? Actor who 'lost job' before criminal case that cost him $1.3M in trial now faces civil lawsuits
LONDON, ENGLAND: Kevin Spacey was acquitted of all criminal charges in London last month after he was found not guilty on all nine counts of sexually assaulting his accusers but his trial is poised to test his financial stability.
Despite his acquittal from criminal charges, at least two civil lawsuits have been filed against him by two men who allege they were victims of his misconduct between 2001 and 2013.
Is Kevin Spacey broke?
The 'House of Cards' actor has reportedly expended nearly $1.3 million in legal expenses for the cases against him, according to Radar Online.
"The frustrated accusers will be out for blood with the acquittal and are now taking the civil route where the burden of proof is far lower than in criminal cases," said an insider, adding, that with the additional legal fees, "his fortune is at risk."
During the hearing of the verdict, Spacey tearfully said "thank you" wiping tears away and mouthing a "thank you" after the jury announced his acquittal of all charges.
What is Kevin Spacey's net worth?
As of August 2023, the embattled actor's net worth is estimated to be $30 million.
According to a source, despite Spacey's sizable fortune, there is a "potential cash crunch on his hands if even one of the civil cases goes against him — he needs to work," reported the National Enquirer.
During his trial at the Southwark Crown Court, the actor told jurors, "My world exploded. 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."
Will Kevin Spacey revive his Hollywood career?
The 'Inseparable' actor recently shared his thoughts on being hopeful to make a comeback to the industry if he was acquitted of all sexual assault charges against him in London.
"It's a time in which a lot of people are very afraid that if they support me, they will be canceled. But I know that there are people right now who are ready to hire me the moment I am cleared of these charges in London. The second that happens, they're ready to move forward," said Spacey.
"The moment scrutiny is applied, these things fall apart," he explained. "That's what happened in the Rapp trial, and that's what will happen in this case," he continued.
"Just because I was being benched for a while, I'm not going to stop working. I don't want to get rusty. I'm ready," Spacey added.