When we think of strong, loving Hollywood couples, Kevin Bacon and Kyra Sedgwick come to mind.
They have been married for over 30 years, celebrating 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, which was 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 just two of many celebrities and high-profile figures who were scammed by 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, 65-year-old Bacon and 58-year-old Sedgwick 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.
Interestingly, Bacon and Sedgwick aren’t the only celebs drawn to farm life. In fact, famed actress Jennifer Garner decided to buy back the farm her mother grew up on and transform it into an organic produce project for baby food.
What do you think of celebs 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!
KATIE HOLMES RAISES DAUGHTER IN COZY APARTMENT ALONE – RARE TIMES WE COULD SEE IT INSIDE
Katie Holmes, a single mother, has been residing in an apartment with her daughter ever since her divorce from Tom Cruise. The dissolution of their marriage was marked by acrimony, to the extent that the “Mission Impossible” star has been notably absent from their child’s life.
Suri, who has spent her entire life in Manhattan, New York, is on the brink of turning 18. Growing up, her mother intentionally shielded her from the public eye, particularly after parting ways with her father, partly due to ideological differences.
With this significant milestone approaching, Suri will legally become an adult according to New York state law. This newfound status grants her the opportunity to reconnect with her father and delve into the circumstances surrounding their estrangement, including discussions about his beliefs and the conflicts that ensued.
Tony Ortega, known for his extensive coverage of Scientology over the years, remarked in an interview, “Suri would have been too young to enter into any agreements, but now she is free to express herself if she chooses to, and it will be particularly intriguing if she has insights to share.”
Katie and Tom welcomed their only child together, daughter Suri Cruise, in April 2006. The couple exchanged vows months later, in November of the same year.
However, after nearly seven years of marriage, the actress filed for divorce from the actor in June 2012. Their divorce was finalized in 2013.
Allegedly, Katie decided to end the marriage out of concern for raising her daughter within Scientology, a religion to which Tom has been dedicated. Her departure from the institution and subsequent dissolution of the marriage created a significant divide between her and the movie star, leading to Tom’s distancing from their daughter over time.
Reports emerged that Katie had secretly leased a two-bedroom apartment in the Chelsea Mercantile building two weeks before filing for divorce from the “Top Gun: Maverick” star.
As the lease was nearing its end, she reportedly began planning a move from the $12,500-a-month apartment that she and her daughter had called home since the separation.
KATIE HOLMES RAISES DAUGHTER IN COZY APARTMENT ALONE – RARE TIMES WE COULD SEE IT INSIDE
Katie Holmes, a single mother, has been residing in an apartment with her daughter ever since her divorce from Tom Cruise. The dissolution of their marriage was marked by acrimony, to the extent that the “Mission Impossible” star has been notably absent from their child’s life.
Suri, who has spent her entire life in Manhattan, New York, is on the brink of turning 18. Growing up, her mother intentionally shielded her from the public eye, particularly after parting ways with her father, partly due to ideological differences.
With this significant milestone approaching, Suri will legally become an adult according to New York state law. This newfound status grants her the opportunity to reconnect with her father and delve into the circumstances surrounding their estrangement, including discussions about his beliefs and the conflicts that ensued.
Tony Ortega, known for his extensive coverage of Scientology over the years, remarked in an interview, “Suri would have been too young to enter into any agreements, but now she is free to express herself if she chooses to, and it will be particularly intriguing if she has insights to share.”
Katie and Tom welcomed their only child together, daughter Suri Cruise, in April 2006. The couple exchanged vows months later, in November of the same year.
However, after nearly seven years of marriage, the actress filed for divorce from the actor in June 2012. Their divorce was finalized in 2013.
Allegedly, Katie decided to end the marriage out of concern for raising her daughter within Scientology, a religion to which Tom has been dedicated. Her departure from the institution and subsequent dissolution of the marriage created a significant divide between her and the movie star, leading to Tom’s distancing from their daughter over time.
Reports emerged that Katie had secretly leased a two-bedroom apartment in the Chelsea Mercantile building two weeks before filing for divorce from the “Top Gun: Maverick” star.
As the lease was nearing its end, she reportedly began planning a move from the $12,500-a-month apartment that she and her daughter had called home since the separation.
During that period, the “Dawson’s Creek” alum sought to purchase her own spacious apartment in Manhattan. Sources indicated that Katie aimed to establish permanent roots for her daughter by becoming a homeowner.
Now, Suri has reached adulthood, and it was revealed that she was applying to colleges earlier this year with her devoted mother’s support. While her famous father remains estranged from her life, the three-time Golden Globe Award winner has agreed to cover his daughter’s college expenses.
Tom has been fulfilling his financial obligations by paying child support over the years, agreeing to provide $400,000 annually until Suri reaches 18. Despite the estrangement, he has consistently met his responsibilities in terms of financial support.
Expressing her desire to study fashion in New York City, Suri’s mother intends for her to remain close by so they can maintain their strong bond. Katie, described as “extremely overprotective,” is apprehensive about her daughter leaving the nest, according to insiders.
In a candid interview in 2017, Katie emphasized the paramount importance of motherhood and her unconditional love for Suri. She expressed her dedication to providing her daughter with a stable and nurturing environment, underscoring the joy she derives from witnessing her child thrive.
Additionally, Katie shared her enjoyment of spending quality time with Suri, particularly in the kitchen during mornings, reminiscing about preparing breakfast for her when she was ten years old.
When it comes to dinner, the brunette beauty shared that they often enjoy their favorite dishes, which include “pasta and lasagna.” During Suri’s early years, around the age of six, she and her mother would frequent the park at unconventional hours due to the heightened attention surrounding her parents’ publicized separation. Reflecting on this period in a July 2022 interview, Katie disclosed:
“We would head to the park at 6 a.m. just to spend time outdoors.”
Despite Tom’s decision to not engage with their daughter, Katie has remained steadfast in ensuring that it does not impact Suri’s upbringing, according to a source. The insider noted that being raised by a single parent has played a significant role in shaping Suri’s character.
The teenager holds an unwavering affection for her mother and has been characterized as “intelligent.” She is evolving into a “mature and insightful” individual who possesses a strong sense of her roots.
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