Sharon Stone said during a Thursday speech that she has lost a considerable amount of money amid the fallout from the collapse of Silicon Valley Bank.
The 65-year-old actress made the comment while accepting the Courage Award at the Women’s Cancer Research Fund’s (WCRF) An Unforgettable Evening fundraiser.
While trying to convince attendees to donate more money, Stone said, “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***ing check. And right now, that’s courage too, because I know what’s happening. I just lost half my money to this banking thing, and that doesn’t mean that I’m not here,” she continued.
It was unclear what losses Stone was referring to. The federal government has said all depositors in the two collapsed lenders, Silicon Valley Bank and Signature Bank, will be fully insured. But investors in bank stocks have suffered huge losses as shares have been pummeled.
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
Stone didn’t cite SVB by name, but her remarks coincided with the drama that’s been playing out across the financial sector all week. SVB Financial Group, the parent company of Silicon Valley Bank, announced Friday in a press release that it had filed for Chapter 11 bankruptcy protection, The Daily Wire previously reported.
The “Basic Instinct” actress also spoke candidly about her experience with breast cancer and her brother Patrick’s recent death.
The actress said people who have seen her reconstructed breasts following surgery “don’t even know it.”
“So don’t ever feel compelled not to get a mammogram, not to get a blood test, not to get surgery, because it doesn’t matter. I’m standing here telling you I had one-and-a-half and more tissue of my breasts removed and none of you knew it,” she said.
Stone also stressed the importance of showing up during difficult times. She mentioned her younger brother’s death in February and said she’s still showing up to events despite the tragedy.
“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. How I can and cannot live, and what the value of my life is and is not. So stand up. Stand up and say what you’re worth. I dare you. That’s what courage is,” she concluded.