Sharon Stone Says She ‘Lost Half of My Money’ to Bank Failure

The actress is one of many affected by the recent collapse of two financial institutions.

Sharon Stone revealed she lost half her savings due to the "banking thing" that's taken over headlines this past week.

During her speech at the Women's Cancer Research Fund's An Unforgettable Evening fundraiser on Mar. 17, the actress broke down in tears while asking the attendees to donate.

"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—g check," she said.

"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 said, seemingly in reference to the collapse of Silicon Valley Bank and Signature Bank.

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Stone, 65, continued, "My brother just died, and that doesn't mean that I'm not here. This is not an easy time for any of us. 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."

Upon the collapse of the banks, the government guaranteed all deposits. On March 13, President Joe Biden addressed the situation, saying people's deposits "will be there when you need them."

"First, all customers who had deposits in these banks can rest assured — I want to — rest assured they’ll be protected and they’ll have access to their money as of today," he said. "That includes small businesses across the country that banked there and need to make payroll, pay their bills, and stay open for business."

He added that no losses "will be borne by the taxpayers." Instead, the money "will come from the fees that banks pay into the Deposit Insurance Fund."

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