Is Michael Sheen drowning in debt? actor talks about financial woes; says, 'I don't have that much money'
Michael Sheen
, well-known for his roles in projects like 'Good Omens', 'Passengers', and the 'Twilight' franchise, has recently opened up about his financial struggles. The Welsh actor got candid about his personal life and shared how he does not have much money left and is suffering from debt.
Michael Sheen opens up about financial struggles
Sheen opened up about suffering financially and how he finds it 'funny' when people refer to him as a multimillionaire. The actor shared with The Times of London that 'It's interesting when people talk about me as a multimillionaire. Because no, I don't have that much money. I mean, I have money compared to lots of people, but this is about juggling debt. I'm still paying off the Homeless World Cup.
It's not like I have all this spare cash.
And there are times I can put money into things and times when I can't.'
More about the Homeless World Cup
The Homeless World Cup, where Sheen donated in 2019, is a sports tournament that is held in order to combat homelessness and to help those who are suffering from it. He also made headlines earlier this year for starting the Welsh National Theatre after the original organisation, National Theatre Wales, lost out on its funding.
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The actor shared that 'Arts Council Wales gave National Theatre Wales transitional funding to either wrap up or come up with a plan for the future. And that plan ended up being me running the new organisation. There was an argument if any of that transitional funding should come with us, and that's now been resolved, so we will be in receipt of around £200,000. I am paying for everything else.'
The actor also paid off around 1 million pounds of debt for approximately 900 people in South Wales. In a TV film titled 'Michael Sheen's Secret Million Pound Giveaway', the actor purchased the debt of 900 people and then paid it off by starting his debt acquisition firm. The idea came forth after Port Talbot's last blast furnace unit was shut down, resulting in massive job loss.
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