The Primal Instinct star broke down in tears as she accepted the bravery award
Actress Sharon Stone has revealed that she lost half her fortune due to the bankruptcy of Silicon Valley Bank.
The Primal Instinct star broke down in tears as she accepted the Courage Award at the Women’s Cancer Research Fund fundraiser and said it took her “guts” to donate given the bank’s bankruptcy.
“I’ve just lost half my money because of what’s going on and the donation I’ve made is really brave,” said an emotional Stone. The 65-year-old did not directly name the bank to which she lost a huge fortune, but her admission comes just days after the bankruptcy of Silicon Valley Bank.
The California Department of Financial Protection and Innovation abruptly shut down the institution last week, shortly after the bank disclosed it had lost $1.8 billion on an emergency sale of its $21 billion bonds.
President Biden later assured Americans that “the banking system is safe.”
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