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Kevin Spacey Is “Many Millions” in Debt Ahead of Next Sexual Assault Trial

When Piers Morgan asked Spacey how much money he has, the actor replied, “None. I still owe a lot of legal bills that I have not been able to pay.”
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The numerous sexual assault accusations against Kevin Spacey, all of which he has denied, have left the actor “many millions” of dollars in debt. When asked in a new interview by Piers Morgan how much money he currently possesses, the Oscar winner replied, “None. I still owe a lot of legal bills that I have not been able to pay.”

Sixty-four-year-old Spacey, who relocated to Baltimore in 2012 for the filming of Netflix’s House of Cards, said that his property in the area “is being foreclosed on.” He continued, “My house is being sold at auction. So I have to go back to Baltimore and put all my things in storage. So…I’m not quite sure where I’m gonna live now.” Although “I can’t pay the bills that I owe,” Spacey told Morgan, he’s been able to “dodge” filing for bankruptcy, “at least as of today,” he said.

In 2017, actor Anthony Rapp became the first of several men to accuse Spacey of sexual misconduct. At the time, Spacey used his statement of denial as a de facto coming-out. “I owe him the sincerest apology for what would have been deeply inappropriate drunken behavior,” Spacey wrote in the statement, before adding, “This story has encouraged me to address other things about my life. I now choose to live as a gay man.” Seven years later, Spacey says that his response to Rapp’s accusation was hasty, adding, “I have to take full responsibility for that statement. It stops with me. It was a bad statement. I should have made separate statements about my sexuality and about his accusation.”

In 2022, Spacey was found not liable in a civil suit brought by Rapp, who accused Spacey of molesting him in 1986, when Rapp was 14 and Spacey was 26. Last summer, Spacey was acquitted of all nine charges brought in London by four men who said Spacey sexually assaulted them between 2001 and 2013. (Spacey pleaded not guilty in the criminal case.) The actor will now stand trial in the UK again over a lawsuit by a man who alleges that Spacey sexually assaulted him in August 2008. Earlier this year, a judge granted the anonymous claimant “judgment in default” in the civil case after Spacey’s legal team missed a deadline to formally submit his defense. That decision was overturned last month, meaning the claimant’s case against Spacey will now proceed toward a trial.

“The allegations made in this civil claim are the same allegations made by one of the complainants in the 2023 UK criminal trial, in which Mr. Spacey was acquitted,” a rep for the actor told Variety of the ruling. “Each time he has been given the time and a proper forum to defend himself, the allegations have failed under scrutiny and he has been exonerated. Mr. Spacey has the opportunity now to defend these allegations, as he did in the criminal proceedings, and he looks forward to justice being done once again.”

Spacey, whose alleged misconduct was also the subject of a recent documentary called Spacey Unmasked, admitted to Morgan that he had been “too handsy” in his past, “touching someone sexually in a way that I didn’t know at the time they didn’t want.” Last month, multiple performers, including Sharon Stone, Liam Neeson, and F. Murray Abraham, defended Spacey and his right to return to Hollywood in statements to the UK’s The Telegraph.