‘Just lost half of my money’: Sharon Stone breaks down in tears
Sharon Stone broke down in tears as she revealed that she had recently lost half of her money in Silicon Valley Bank collapse.
The Basic Instinct star broke down in tears as she accepted the Courage Award during the Women’s Cancer Research Fund’s (WCRF) fundraiser Thursday and said it took “courage” for her to donate given the bank’s failure.
“I know that thing that you have to get on and figure out how to text the money is difficult. I’m a technical idiot, but I can write a f-king check,” she said, emphasizing the importance of taking action even if it’s not easy.
Sharon Stone breaks down in tears asking guests to donate more money. She says writing a check for her requires courage since she “lost half my money to this banking thing,” presumably referring to Silicon Valley Bank collapse. “This is not an easy time for any of us.” pic.twitter.com/ZTSP5TQ2od
— Chris Gardner (@chrissgardner) March 17, 2023
She didn’t state exactly what “banking thing” she meant, but less than a week ago, Silicon Valley Bank collapsed, marking the second-largest bank failure in U.S. history. It has resulted in financial market volatility.
The California Department of Financial Protection and Innovation abruptly shut down SVB last week shortly after the bank disclosed it had taken a $US1.8 billion hit from a $US21 billion fire sale of its bond holdings.
Despite the loss of her money and the recent death of her brother, Stone encouraged others to stand up and value their lives: “This is not an easy time for any of us,” she shared. “This is a hard time in the world, but I’m telling you what, I’m not having some politician tell me what I can and cannot do.”