Disgraced Hollywood mogul Harvey Weinstein has been forced to sell his Hampton’s mansion for a $1.4 million loss to cover his legal fees.
According to the Daily Mail, the former Miramax boss was laid off by his own production company when news of his crimes against women broke in October year. Just a few years prior when Weinstein was still a prominent figure in Hollywood, he bought the sprawling seven bedroom house in Amagansett, New York, for $13.5 million. While he listed it for sale in March 2017, it didn’t move from the market. After news of the scandal broke, it became increasingly difficult to sell.
Now, the home has finally been purchased by an undisclosed buyer—albeit for a loss. It’s thought that Weinstein is worth around $150 million, but his considerable fortune is slowly whittling down thanks to astronomical legal fees and his divorce from wife, Georgia Chapman. Chapman could walk away from the marriage with around $20 million dollars, while several sexual assault victims are suing him for varying amounts. The sale of the house will no doubt go toward covering the cost of lawyers and possible payouts.
Charmed actress and women’s rights activist Rose McGowan was the first woman to accuse the Shakespeare in Love producer of sexual assault in 1997, but the matter was largely settled in private. While it’s now known that a lot of Hollywood knew of Harvey’s behavior, the scandal didn’t fully break until The New York Times published a story detailing decades of sexual assault allegations against him. Alongside Rose McGowan who told her story, Ashley Judd and hosts of other actresses also claimed he had them blacklisted from appearing in movies when they didn’t accept his unwanted advances.
Ever since his sordid actions came to light, Weinstein kept an extremely low profile, even donning an elaborate disguise when he visited a restaurant in Phoenix, Arizona in November, as reported by TMZ.
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