Sharon Stone, the actress, said Thursday night bitterly that she lost “half” her income in the recent economic upheaval precipitated by the failures of Silicon Valley Bank and Signature Bank of New York.
During a speech at the Women’s Cancer Research Fund’s star-studded fundraising dinner in Beverly Hills, Stone spoke about the financial damage she faced while pushing listeners to donate to cancer research.
“I know that getting on and figuring out how to SMS the money is difficult,” Stone remarked during her speech. “I’m a technical fool, but I can write an (expletive) check.”
“And right now, that’s courage, too, because I know what’s occurring. I just lost half my money in this banking scam, but that doesn’t mean I’m not present.”
The “Basic Instinct” actor did not elaborate on her financial status or what caused her losses, which occurred just days after SVB and Signature Bank fell, becoming the second-and third-largest bank failures in US history, respectively.
The federal government stepped in to guarantee all deposits held at the two banks, insured or not, making it unlikely that the actress could have lost money related to either institution.
Yet, fears of spreading contagion spurred a run on smaller banks and large stock drops this week, raising the prospect that her losses were linked to the selloff that occurred in the days following the banks’ failure.
The Post was unable to verify her statements independently and has requested comment.
Stone, who received the nonprofit’s Courage Award, provided an emotional description of her breast cancer journey and appreciation for other survivors in the audience. A standing ovation followed the speech.
Stone also mentioned her brother, Patrick, who died of heart disease last month at 57, according to the Hollywood Reporter.
“My brother died recently, but it doesn’t mean I’m not here. “This is not a good time for us,” Stone admitted. “This is a horrible moment in the world, but I’m telling you what, I’m not having any politician tell me what I can and cannot do. How I can and cannot live, and what my life is and is not worth. So get up. Step up and state your worth. I challenge you. That is what courage entails.”
