
Ian Somerhalder's Financial Rock Bottom & Comeback
About this episode
Ian Somerhalder, known for his role in The Vampire Diaries, shares his financial struggles after leaving acting. He invested heavily in a clean energy company that failed due to fraud and mismanagement, leaving him and his wife, Nikki Reed, in significant debt. Despite the oil and gas crash and personal guarantees to banks, Nikki negotiated their way out, selling assets to pay off debts. The couple, now parents to two children, marks eleven years of marriage, demonstrating resilience and teamwork in overcoming financial hardships.
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Durham News Today | 2 Min News | The Daily News Now! — Ian Somerhalder's Financial Rock Bottom & Comeback. Machine-transcribed; use the interactive transcript above to jump the player to any line.
It's April 30th. You're listening to Durham News today, AI-powered local news. Ian Summerhalter just opened up about hitting rock bottom financially after ditching his acting career seven years back. The 47-year-old vampire diary star built a clean energy company that tanked due to fraud and bad management, leaving him and his wife Nikki. Read in an eight-figure dead hole. He poured heavy investments into the business while starring on the show, which ran eight seasons from 2009 to 2017, even making big personal guarantees to banks. Things spiraled with greed and fraud from inside the company, plus their top customer, and the oil and gas crash sealed the deal, crashing everything. Down when he couldn't keep lender promises, Nikki stepped up huge, negotiating their way out while they sold houses, paintings, cars, watches everything to climb free. Summerhalter calls a brutal, but credits her grit for saving his mind, body, and spirit.
Now parents to eight-year-old daughter Bodie and a two-year-old son, they marked 11 years married last month on April 26th, 2000. 15, proving teamwork turns even the deepest pits into comebacks.
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