Hollywood couple Kevin Bacon and Kyra Sedgwick were among Madoff's famous victims. Though the exact amount of their losses has not been revealed, Bacon explained in an October 2022 episode of the "Smartless" podcast that he and Sedgwick lost "most of our money" after investing with Madoff, per CNBC.
On the podcast, Bacon also shared that the experience taught him valuable lessons, and he was grateful to be in a better position than many of Madoff's other victims. "There were a lot of people who were much worse off than we were – old people, people whose retirement funds were completely decimated....There's always going to be somebody that's going to have it a lot worse than you," the actor said.