|Claim to Fame: Come on, there’s a game named after the guy he’s so prolific.
Investing Resume: Like many Hollywood stars, Kevin Bacon apparently left his investing to other experts instead of gumming up the works himself. Considering some of the other yahoos on this list, that seems wise.
The Payoff: Unfortunately for Kevin, the “expert” that he trusted to manage his money was a rather dubious character you may have heard of — by the name of Bernie Madoff. According to reports, Kevin Bacon and his starlet wife Kyra Sedgwick got taken to the cleaners for a cool $50 million by the Ponzi scheme. The star’s solution? To shore up his finances by taking any and every script thrown his way. So apparently aside from the money disappearing, nothing has really changed.
|Daily Trader’s Alert — Yours FREE!|