Kevin Bacon once had a net worth over $100 million, however, following a Ponzi Scheme, the actor saw his fortune completely plummet. Credit to Bacon, as his net worth is charging back up these days, however, it is nowhere near the $100 million he once had, prior to his failed investment with Bernie Madoff.
In the following, we’ll take a look back at how it all went down between Kevin Bacon and Bernie Madoff. Despite losing millions, and almost his entire net worth, the actor managed to keep an optimistic approach.
We’ll highlight everything the actor has said about the financial disaster, while revealing how much he has in the bank these days.
Kevin Bacon Was One Of Bernie Madoff’s Many Ponzi Scheme Victims
Kevin Bacon was far from the only one to be implicated into Bernie Madoff’s Ponzi Scheme. There were over 40,000 victims, while $4 billion of the money was given back to those affected by the scam.
Bacon was among them, who admitted that the situation seemed to be too good to be true. He tells the Smartless podcast, “There’s obvious life lessons there,” Bacon said. “If something is too good to be true, it’s too good to be true.”
In total, it is said that Madoff’s scam totaled $65 billion… Despite losing his huge fund, Bacon didn’t expect any…
