How Kevin Spacey’s Net Worth and Reputation Collapsed like a ‘House of Cards'

What is Kevin Spacey's Net Worth?

Oscar-winning actor Kevin Spacey worked in several Hollywood films. He began his career as a stage actor during the 1980s. Supporting roles in film and television followed soon and he gained critical acclaim in the early 1990s. Then a few year ago, everything came to a grinding halt.

The actor, director, screenwriter, and producer has a net worth of over $30 million. His net worth fell following sexual assault allegations made against him. Spacey lost his job on "House of Cards" and was dropped from various other projects. 

Spacey, 64, was cleared of seven charges of sexual assault by a court in London last month. He is slowly making a comeback. "Control," his first film since his acquittal in which he appears in a major voice role, is set to release in both the US and the UK on December 15, 2023, per Variety. 

Early life

Kevin Spacey was born on July 26, 1959, in South Orange, New Jersey. Raised alongside two siblings, he endured physical abuse from his father, who held racist and Nazi sympathies. He attended a military school, later transferring to Chatsworth High School, where he debuted in theater through "The Sound of Music." After high school graduation, he headed to New York City, enrolling at the esteemed Juilliard School where he also studied comedy.

Career highlights 

Spacey's success in theater began with a small Shakespearean role, followed by "Ghosts" on Broadway in 1982. By 1986, he gained recognition in the New York theater circuit with performances in "Sleuth" and "The Seagull" on Broadway. His breakthrough arrived in 1986 with the well-received play "Long Day's Journey Into Night."

Alongside theater roles, he starred in "Lost in Yonkers" (1991), which earned him a Tony award. He appeared in TV series such as "L.A. Crime" and "The Murder of Mary Phagan," and started his cinematic journey in 1989 with "See No Evil, Hear No Evil," and he made an impact in "Wiseguy" (1989) and "Glengarry Glen Ross" (1992). Notable performances in "The Ref," "Swimming With Sharks," and "The Usual Suspects" (1995) earned him an Academy Award.

Kevin Spacey Most Notable Roles

Kevin Spacey had supporting roles in Mike Nichols' comedy-dramas Heartburn (1986) and Working Girl (1988). He gained significant acclaim, earning two Academy Awards – Best Supporting Actor for The Usual Suspects (1995) and Best Actor for American Beauty (1999), portraying a suburban husband. Despite his success in films like The Usual Suspects and American Beauty, as well as the Netflix series House of Cards, Spacey's career took a downturn due to allegations of sexual misconduct.

In the late 90s, Spacey stood out in "Se7en" and "A Time to Kill," but fame and an Academy Award came with "American Beauty" (1999). His versatility extended to "A Bug's Life," "Pay it Forward," and "Superman Returns" as Lex Luthor.

He starred in "House of Cards" until 2018 when sexual harassment allegations led to his exit. In 2013, Spacey was also a producer on the show, and he was earning an estimated peak salary of $20 million annually from the series, per Marca. Spacey earns an estimated salary of $6 million per year, according to CA Knowledge estimates.

Other ventures

In 1997, Spacey established his production company, Trigger Street Productions, which was acquired by Relativity Media in 2016. Spacey also directed several films and hosted episodes of "Saturday Night Live." Notably, he was featured in the video game "Call of Duty: Advanced Warfare." Spacey also went on to take up the position of artistic director at London's Old Vic Theater in 2003.

Awards

Among the many awards and Nominations won by Kevin Spacey, Here are a few of them, according to South West Journal. 

Academy Awards:

1996: Best Supporting Actor for “The Usual Suspects” – Won

2000: Best Actor for “American Beauty” – Won

Emmy Awards:

2013-2017: Outstanding Drama Series for “House of Cards” – Nominated

Outstanding Lead Actor in a Drama Series for “House of Cards” – Nominated

Grammy Awards:

2006: Best Compilation Soundtrack for Visual Media for “Beyond the Sea” – Nominated

Real estate and assets 

In 2017, it was revealed that Kevin Spacey was the mystery buyer of a $5.65 million five-level home at 622 Ponte Villas North, Baltimore, per Property Forum, and in the same year, he sold a Los Angeles estate—a 6565-square-foot home standing on 1.1 acres of land at $11 million, per AD.

Kevin Spacey has an impressive car collection, which includes a Mercedes AMG, a Ford Mustang, a Ford Pickup truck, and an Audi A4.

Allegations, fallout, and financial consequences

In 2017, Kevin Spacey faced allegations of making advances toward a 14-year-old in 1986, per The Things. He attributed the behavior to alcohol, but about about 15 similar accounts surfaced, suggesting a pattern of behavior. Some of them involved individuals connected to the entertainment industry, like the Old Vic theater. The Old Vic theater received complaints from 20 people and three of them went to the police. 

"House of Cards" was affected, leading to a shortened final season and reshoots due to Spacey's departure. In November 2021, he was even ordered to pay $31 million to the "House of Cards" studio for the inconveniences caused, per The New York Times. The amount included compensatory damages of $29.5 million and $1.5 million in legal fees and other expenses.

By 2018, more allegations emerged, irreparably damaging Spacey's reputation. In 2019, a person who alleged Spacey of groping died by suicide. That year, three people linked to cases against Spacey passed away and legal cases followed but didn't result in penalties. MRC's lawsuit sought compensation from Spacey personally for financial losses due to canceling the sixth season and producing fewer episodes.

FAQs

How much is Kevin Spacey worth in 2023?

Kevin Spacey is worth $30 Million as of 2023. 

How tall is Kevin Spacey?

Kevin Spacey is 1.78 m tall. 

Who is the No 1 richest actor in the world 2023?

Tyler Perry stands on the top position in the list of richest actor in the world 2023 with the net worth of $1 Billion.

Who is Kevin Spacey's partner?

Dana Brunetti is Kevin Spacey's partner. 

Is Kevin Spacey in Call of Duty?

Kevin Spacey played the story's later-to-be main antagonist, Jonathan Irons in Call Of Duty. 

Who is Kevin Spacey's lawyer?

Patrick Gibbs KC is Kevin Spacey's lawyer. 

How old is Kevin Spacey?

Kevin Spacey is 64 years old. 

Where does Kevin Spacey live now?

As per our latest knowledge Kevin Spacey lives in Baltimore. 

Does Kevin Spacey live in the UK?

Kevin Spacey now lives in Baltimore in the US.

How Much Has Kevin Spacey's Net Worth Fallen In Recent Years?

Spacey's net worth reached its peak in 2015, estimated to be around $300 million. However, due to the controversies and legal battles surrounding him, his wealth declined significantly. By 2020, his net worth had dropped to $30 million, where it remains as of 2023.