Kim Basinger's net worth now after losing fortune in crushing multi-million dollar crisis


The L.A Confidential star began her career as a model but became a high paid actress in the 1970s


L'actrice américaine Kim Basinger au 15eme Festival du film américain de Deauville.© Getty Images
Hannah Hargrave
Hannah HargraveUS Deputy Editor
1 hour ago

Kim Basinger was once one of Hollywood’s highest-paid actresses of the 1980s and '90s, from Bond girl status to Oscar nominee.  

But her legacy slipped when she became embroiled in a series of high-profile financial setbacks and legal troubles which stripped her of much of her fortune.

Decades after filing for bankruptcy, HELLO! takes a deep dive into where the iconic star stands today, and what her current net worth is.

The loss of Kim Basinger's fortune

Kim Basinger holds up her Oscar for Best Supporting Actress  for her role in "L.A. Confidential" during the 70th Annual Academy Awards © Getty
She stepped back from the limelight after huge success

At the peak of her fame in 1989, Kim made headlines for purchasing the small town of Braselton, Georgia, for $20 million with plans to turn it into a tourist destination and movie studio site.

However, her financial troubles began in 1993 after she backed out of starring in the film Boxing Helena. She was sued by Main Line Pictures for breach of contract, resulting in an $8.9 million court judgment against her. 

The combination of the hefty legal judgment and her ill-fated real estate investment forced Kim to file for Chapter 11 bankruptcy.

She eventually settled the Boxing Helena lawsuit on appeal for a reduced sum of around $3.8 million, but she was forced to sell her holdings in Braselton at a huge loss.

Rebuilding her career and net worth

Actors Sean Connery and Kim Basinger in a scene from the film 'Never Say Never Again', 1983© Getty Images
Kim was a Bond girl

Despite the financial blow, Kim staged a massive career comeback. In 1997, she starred as Lynn Bracken in L.A. Confidential, a role that earned her the Academy Award for Best Supporting Actress, a Golden Globe, and a SAG Award. The critical acclaim revived her standing in Hollywood and restored her earning power.

Kim Basinger testifying in civil court for a breach-of-contract lawsuit brought against her© Getty
Kim testifying in court

Her renewed success was followed up with roles in big studio films, such as 8 Mile alongside Eminem, The Sentinel, The Nice Guys, and the Fifty Shades franchise.

Today, Kim's net worth is estimated to be approximately $10 million according to celebritynetworth.com. This has been built back up with steady acting work, real estate holdings and endorsement deals.

Where is Kim Basinger today?

kim basinger alec baldwin© Gamma-Rapho via Getty Images
Kim and Alec were married for nine years

In recent years, Kim has stepped back from the Hollywood spotlight to focus on a quieter, more private life. She also suffered from severe agoraphobia and crippling anxiety which left her unable to leave her home. 

Her long road to recovery saw her relearn basic daily functions and she credited her daughter, Ireland Baldwin, for helping her on her journey. 

Kim Basinger arrives at the Los Angeles premiere "Fifty Shades Darker" in 2017 © Getty
She regained her wealth

She remains a devoted animal rights activist and requently works alongside organizations like PETA and the Last Chance for Animals foundation to campaign against animal cruelty.

Family has also taken center stage in her life as she shares a close bond with her daughter — who she shares with her ex-husband Alec Baldwin. 

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In 2023, Kim became a grandmother when Ireland gave birth to a daughter, Holland. Ireland is currently expecting another child. 

Kim occasionally makes public appearances and takes select projects, but leans towards a more peaceful life in California, far removed from the turbulent financial struggles of her past.

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