Sharon Stone was presumably referring to the collapse of Silicon Valley Bank as a reason for recent financial losses in a speech at a Beverly Hills fundraiser.
Sharon Stone rallied attendees at a star-studded Beverly Hills fundraiser Thursday night to give generously to support the Women’s Cancer Research Fund by revealing her latest hardship, which appears to be related to losing a great deal of money following the collapse of Silicon Valley Bank.
But Stone’s reference comes in the wake of the collapse of Silicon Valley Bank and the resulting volatility in the financial markets. The Santa Clara-based bank, which catered to the tech industry, collapsed on March 10 after suffering from an old-fashioned bank run. Stocks at other banks plummeted and investors have been left rattled, even as regulators moved to contain the fallout.
“What makes you a shining star, to me, is not just your talent, your beauty and your grace but your resilience no matter what life throws your way,” Tisch said. “Thank you for rising up, time and time again, and inspiring all of us by your radiant example.”
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