Sharon Stone Reveals Loss of Half Her Fortune, Presumably Due to Silicon Valley Bank Collapse

Sharon Stone, the iconic star of “Basic Instinct,” gave an emotional speech at the Women’s Cancer Research Fund’s fundraiser on Thursday, where she received the Courage Award.

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During her acceptance speech, she revealed that she had lost “half” of her fortune due to the “banking thing,” presumably referring to the Silicon Valley Bank (SVB) collapse and stock market volatility.

However, Stone did not elaborate on the matter further. The California Department of Financial Protection and Innovation abruptly shut down SVB last week after the bank disclosed it had taken a $1.8 billion hit from a $21 billion fire sale of its bond holdings.

Stone, 65, broke down in tears as she accepted the award and said that it took “courage” for her to donate given the bank’s failure. She also mentioned the recent passing of her brother, Patrick Stone, from heart disease.

She urged people to stand up and say what they are worth, and not let politicians dictate how they should live their lives. The Women’s Cancer Research Fund’s Unforgettable Evening Benefit Gala took place in Beverly Hills, with several other celebrities in attendance.

Stone’s battle with cancer is well-known, having undergone surgery in 2001 to remove benign tumors. She claimed in her memoir that during reconstructive surgery, the surgeon gave her bigger breast implants without her consent.

In November, she revealed that she had received a misdiagnosis and had a “large fibroid tumor” that required surgery.

Despite her financial loss, Stone’s message of courage and determination in the face of adversity was clear. She called on people to stand up for themselves and assert their worth in a time of global uncertainty.

Although her exact financial situation is not clear, her bravery in the face of difficulty is something that many can draw inspiration from.

»Sharon Stone Reveals Loss of Half Her Fortune, Presumably Due to Silicon Valley Bank Collapse«

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