Kevin Spacey reveals he’s homeless and living in hotels after losing milions following sex scandals – Socialite Life

Two-time Oscar winner Kevin Spacey has disclosed that he is currently homeless and living between hotels and Airbnb rentals after losing his Baltimore home to foreclosure. The revelation marks a dramatic fall for the once-celebrated actor, whose career collapsed following sexual assault allegations that first emerged in 2017.

In a recent interview with The Telegraph, Spacey explained that he lost his home because “the costs over these last seven years have been astronomical. I’ve had very little coming in and everything going out.” The actor’s Baltimore property, which he purchased for $5.65 million in 2017, was sold at a foreclosure auction for $3.2 million.

House of Cards Premiere
Kevin Spacey at the season two premiere of his Netflix series “House of Cards” at the Directors Guild Theatre. February 13, 2014 Los Angeles, CA Picture: Paul Smith / Featureflash

The 66-year-old actor now leads a nomadic existence, traveling wherever work opportunities arise. “I’m living in hotels, I’m living in Airbnbs, I’m going where the work is. I literally have no home, that’s what I’m attempting to explain,” Spacey stated during the interview.

Despite his legal vindication—Spacey was acquitted in 2023 of sexual assault charges involving four men in the United Kingdom—the actor’s career remains in limbo. The former A-list actor claims Hollywood continues to blacklist him, leaving him with limited income opportunities and mounting debt.

The financial strain has been severe. While Spacey insisted he never formally reached bankruptcy, he admitted his financial situation is “not great.” The actor owes millions in legal fees accumulated from defending himself against multiple allegations over the past seven years.

US Actor Kevin Spacey Is Cleared Of All Sexual Assault ChargesUS Actor Kevin Spacey Is Cleared Of All Sexual Assault Charges
Kevin Spacey speaks to press after leaving court at Southwark Crown Court on July 26, 2023 in London, England. The U.S. actor who starred in the popular TV series House of Cards and the film The Usual Suspects has been cleared of all sexual assault charges brought by men during his time as Artistic Director of The Old Vic Theatre. (Photo by Chris J Ratcliffe/Getty Images)

To generate income, Kevin Spacey has turned to unconventional performance opportunities. Last Sunday, he performed on stage in a nightclub in Cyprus, singing standards from the American songbook to an audience who paid up to €1,200 for the privilege. The event, titled “Kevin Spacey: Songs & Stories,” featured the actor performing classic hits including “That’s Life” and “Bridge Over Troubled Water.”

The sex scandal that precipitated Spacey’s downfall began in October 2017 when actor Anthony Rapp accused him of making unwanted sexual advances in 1986. More than thirty men subsequently came forward with similar allegations. Netflix immediately terminated his role on the hit series “House of Cards,” where he reportedly earned $500,000 per episode.

Despite his exile from Hollywood, Spacey insisted he has always felt the general public never fully turned against him. “I have always felt the public was on my side, and understood what had happened, and were not buying into things that they were reading,” he said.

Letterman show guestsLetterman show guests
Kevin Spacey arriving to tape an appearance on the Late Show with David Letterman on February 17, 2014 in New York City. Photo by Acepix

The actor has compared his situation to Hollywood’s blacklist era of the 1950s and remains hopeful for a career comeback. “So, my feeling is if Martin Scorsese or Quentin Tarantino call Evan [Lowenstein, Spacey’s manager] tomorrow, it will be over,” Spacey noted, expressing confidence in an eventual return to mainstream filmmaking.

Currently, all of Spacey’s possessions remain in storage as he continues to pursue work opportunities wherever they emerge. The actor maintains that he hopes to eventually settle down in a permanent home once his financial circumstances improve.

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