We all enjoy playing Six Degrees of Kevin Bacon, but when it comes to Bacon’s finances, only one man stands at the top of the pyramid: Bernie Madoff. In 2009, Bacon lost millions of dollars in Madoff’s Ponzi scheme. The official sum that Bacon was scammed out of remains a mystery, but Madoff had accumulated a jaw-dropping $65 billion from duping his victims, per Reuters.
During a 2011 interview on “Piers Morgan Tonight,” Bacon was asked about what he lost. “It was most of our money. I mean, it was most of our savings, you know, our retirement,” he said, per CNN. He revealed that he’d been awarded partial compensation for his losses and would possibly be paid more in future. “And there’s a lot of people both in that situation and in other situations who are a hell of a lot worse off than we are. So, I’d say, if anything else, it’s, you know, it’s gratitude,” he reflected.
In an interview with The Guardian, the “Footloose” star said that the ordeal helped him realize what’s most important to him in life. “It was a bad day. But pretty quickly we were able to see all the things we had as opposed to whatever we lost … I don’t think about Madoff, like, at all,” he said.
Since losing millions, Bacon has starred in British TV commercials for cell phone network EE for extra cash, hopefully aiding him in recouping some of those losses.