Two-time Oscar winner Kevin Spacey has opened up about his dramatic fall from grace. The 66-year-old actor, once a Hollywood heavyweight, is now effectively homeless, surviving on stays in hotels and Airbnbs after losing his $5.6 million Baltimore mansion to foreclosure. The shocking revelations came during a November 2025 interview in Cyprus with The Telegraph.
Spacey’s legal battles have drained his fortune, with fees reportedly topping £10 million since multiple sexual assault allegations surfaced in 2017. Despite being acquitted of all criminal charges in both UK and US courts, his finances are “not great,” he admitted.
From Mansion to Motel: The Cost of Allegations
Spacey defaulted on his $20,000 monthly mortgage in July 2024, forcing the auction of his waterfront Baltimore home, where he lived for 12 years. Now, his belongings are packed away in storage as he moves between temporary accommodations, chasing scarce work opportunities in a career frozen by Hollywood blacklisting.
“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. Not great,” Spacey told interviewer Tim Walker during his Cyprus cabaret show.
Legal Drama and Career Collapse
- Oscar wins: The Usual Suspects (1995) and American Beauty (1999)
- Starred in Netflix’s House of Cards with $30 million peak salary
- 2017: Actor Anthony Rapp accuses Spacey of making sexual advances when Rapp was 14 in 1986
- More than 30 men came forward with allegations spanning 1986 to 2013
- Subsequent UK trial acquitted Spacey of nine sexual assault charges in July 2023
- US civil jury found him not liable in October 2022
The accusations immediately ended Spacey’s stellar TV career. Netflix fired him, canceling House of Cards. Legal battles racked up astronomical costs—with reports claiming $1 million alone for the UK trial—while his income shrank to almost nothing.
Attempting a Comeback in Cyprus
Despite the devastation, Spacey is trying to rebuild his life through live shows. His recent cabaret performance in Cyprus, where tickets cost up to $1,400, saw him share jazz tunes and anecdotes from his career. The show sold out, prompting extra dates and proving he still wields some drawing power, at least internationally.
His first film role since the scandal came in 2022’s low-budget The Man Who Drew God, but it failed to spark a career revival. Major studios and streaming giants remain resolutely closed off, keeping the actor frozen out of mainstream Hollywood.
Public Reaction and Future Prospects
The interview ignited social media buzz, trending with over 10,000 posts under #KevinSpacey. Fans sympathised, blaming Hollywood’s “cancel culture,” while critics branded his revelations “victim tears.” Spacey acknowledged supporters in a tweet that drew hundreds of likes amidst ongoing debate.
With one UK civil appeal pending, Spacey still faces hefty legal fees. His financial survival relies on independent gigs rather than blockbuster roles. The fall from a $100 million net worth before 2017 to under $5 million today underscores the lasting impact of the scandal.
As Spacey performs in remote venues and shuns Hollywood’s limelight, his story raises tough questions about justice, accountability, and the price of public disgrace in the #MeToo era.
