Sharon Stone, the famous actress known for her role in Basic Instinct, recently shared at a Women’s Cancer Fund event that she had lost almost half of her fortune during the recent banking crisis. Although it is unclear which bank Stone had invested in, the event took place just days after the collapse of Silicon Valley Bank and Signature Bank, which were the second and third largest bank failures in US history. Despite this loss, Stone is still committed to raising awareness for cancer and encouraging others to donate money to help the cause.
During the gala, Stone spoke about her own personal struggles with her health, including a near-fatal stroke in 2001 and surgery to remove tumors in her breasts in the 1990s. Despite these challenges, she continues to be an advocate for cancer research and urges others to do the same. Stone also acknowledged the difficulty some guests may have in donating through text messages, but she reassured them that she could still write a check despite her lack of technical expertise.
Stone’s loss of almost half of her reported £50 million fortune is a significant blow, but it is unlikely that she will lose any money due to the US Federal Reserve guaranteeing all deposits held at the two failed banks. Nonetheless, the actress’s emotional breakdown at the event highlights the devastating impact the financial crisis can have on even the wealthiest individuals. Stone’s decision to use her platform to raise awareness and funds for cancer research is a reminder that even during tough times, it’s important to support important causes and make a positive impact.