Sharon Stone claims she lost half her money in the bank collapse

Sharon Stone recently attended a fundraiser for the Women’s Cancer Research Fund to receive the Courage Award. During his speech, Stone tearfully revealed that he had recently lost half his fortune Silicon Valley Bank collapse.

Silicon Valley Bank has been shut down after disclosing a $1.8 billion loss on the sale of its bond holdings. In addition to losing a lot of money, Stone recently lost his brother Patrick to heart disease at the age of 57.

Read on to learn more.

Sharon Stone says she “lost” half her money

Sharon Stone's nephew taken to hospital on life support with 'total organ failure'

Sharon Stone broke down in tears during her acceptance speech for the Courage Award at the recent Women’s Cancer Research Fund (WCRF) fundraiser. The “Basic” actress shared that it took a lot of “courage” for her to donate to the cause because she had just lost “half” of her fortune.

He said lawsuit page six “I know it’s hard to figure it out and figure out how to send the money. I’m a tech idiot, but I can write a f**king check. And now that’s also courage, because I know what’s going on. I lost half my money to the bank and that doesn’t mean I’m not here.”

However, Stone did not explain exactly what caused the “banking thing” to lose so much money, but it is believed to be the recent collapse of Silicon Valley Bank. The Benefit Gala, where the actress spoke about her loss, was held in Beverly Hills and featured star guests such as Rachel Zoe and Rebel Wilson.

The Silicon Valley bank was shut down

Sharon Stone tearfully says that

Last week, the California Department of Financial Protection and Innovation shut down Silicon Valley Bank, which shocked many. The decision came after the bank revealed it had suffered a loss of $1.8 billion after selling $21 billion in bonds.

Based on HuffPost, thousands of customers hurriedly withdrew their money from the bank after the announcement, affecting huge companies like BuzzFeed and many others. Former US President Donald Trump has since reacted to the collapse of SVB by unsurprisingly blaming it on society’s “awakening”.

However, President Joe Biden issued a statement saying the bank’s executives should face heavy fines and bans for their actions. Later, in SVB, he assured the Americans with money that the country’s “banking system is safe”. Biden also said people’s deposits “will be there when you need them.”

His brother recently died of heart disease

Sharon Stone's nephew taken to hospital on life support with 'total organ failure'

Speaking at a fundraiser for the Women’s Cancer Research Fund, Stone also mentioned the recent death of her brother, Patrick Stone. Patrick, who lost his son River to full organ failure, died of heart disease last month.

The ‘Disaster Artist’ actress said: ‘My brother just died and that doesn’t mean I’m not here. This is not an easy time for any of us.” The woman continued, per Page six“It is a difficult time in the world, but I say that it is not a politician who tells me what I can and cannot do, how I can and cannot live, and what the value of my life is. and it is not. So stand up. Stand up and say what you’re worth. I dare you. That is courage.”

Sharon Stone is mourning the death of her brother Patrick Stone

In 2021, about a week before his death, Stone spoke about his nephew River’s health on social media and asked his fans to pray for his recovery. She posted a photo of the baby connected to various machines and wrote: “My nephew and godson River Stone was found in full organ failure in his crib today. Please pray for him. We need a miracle.”

Sharon Stone’s Health Journey

Sharon Stone at the screening "Forever Young (Les Amandiers)" at the 75th Annual Cannes Film Festival at the Palais des Festivals on May 22, 2022 in Cannes, France.

Stone herself has undergone several surgeries to combat various health issues. In 2001, the actress underwent surgery to remove benign tumors from her breast, which she described as “gigantic, bigger than my breast”. Stone also alleged that during her breast reconstruction surgery, the surgeon gave her larger implants without permission.

He wrote about the experience in his memoir, which read: “He changed my body without my knowledge or consent.” In November 2022, Stone revealed that she had been misdiagnosed with cancer until surgery revealed it was just a “large fibroid tumor”.

During a conversation People Magazine at the fundraiser, Stone reflected on the misdiagnosis and surgery to remove it. The 65-year-old also revealed that she underwent another surgery to remove breast tissue, which she kept secret from the public and fans.

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