Kevin Bacon and Wife Find True Happiness After Losing Fortune and Moving to a Farm

When we think of strong, loving Hollywood couples, Kevin Bacon and Kyra Sedgwick certainly come to mind.

They have been married for over 30 years and celebrated their 35th anniversary this year with a sweet throwback photo on social media.

Despite their long careers in the entertainment industry, there was a time when they lost millions…

In 2009, their lives turned upside down when they got caught in Bernie Madoff’s infamous Ponzi scheme, the largest in history. This scam cost them up to $30 million, as estimated by StyleCaster. Bacon mentioned on the SmartLess podcast that they lost “most of our money.”

They were among the many celebrities and high-profile figures who fell victim to Madoff’s “too good to be true” financial schemes.

“There are obvious life lessons here. If something seems too good to be true, it probably is,” Bacon told hosts Jason Bateman, Will Arnett, and Sean Hayes. “When something like that happens, you look at each other and say, ‘Well, that sucks. Let’s roll up our sleeves and get to work.’”

Despite the setback, Bacon, now 65, and Sedgwick, now 58, used the adversity as an opportunity to reflect and focus on the positives. “We’ve made it this far, our kids are healthy, we’re healthy. Let’s look at what we have that’s good,” Bacon said on the October 2022 podcast.

Bacon and Sedgwick decided to step away from the spotlight and Hollywood, finding peace and happiness on a cozy farm in Connecticut.

Over time, they shared glimpses of their daily lives on social media. Sedgwick posted so many videos of her and their goats on TikTok that people now recognize her more for that than her acting roles!

“People say, ‘We love you singing with the goats.’ Kevin and I are like, ‘Great, but have you seen our movies or TV shows?’ But it makes people happy,” the actress and producer told People in March this year.

 

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Interestingly, Bacon and Sedgwick aren’t the only celebrities drawn to farm life. In fact, famed actress Jennifer Garner decided to buy back the farm where her mother grew up and transform it into an organic produce project for baby food.

What do you think about celebrities gravitating towards farm life? Do you think it would be a nice break from the fast-paced Hollywood experience? Let us know in the comments!