Ian Somerhalder reveals he and wife Nikki Reed wracked up a staggering 8-figure debt after leaving Hollywood

Ian Somerhalder revealed that he and his wife, “Twilight” prima Nikki Reed, climbed retired of a monolithic indebtedness aft leaving down his acting career.

“The Vampire Diaries” prima shared that he accrued an eight-figure indebtedness because of a grounded business.

“I retired from acting 7 years ago. I near an insanely lucrative profession successful tv aft a financial upheaval from building a business that I didn’t build properly,” he admitted successful an question and reply with E! News. “And owed to fraud, it put my woman and I into an eight-figure hole.”

Somerhalder said “it each came crashing down” aft he made 8 figures of individual guarantees to a bank. He credited his woman pinch digging them retired of their financial crisis.

“Eight figures is simply a difficult spread to climb retired of,” he said. “But Nikki and I did it. You know, she really negotiated america retired of this deal, but we sold houses, paintings, cars, watches, everything.”

“I mean, I should person been retiring disconnected of 1 of nan biggest TV shows successful nan world,” he added, referring to nan CW’s “The Vampire Diaries,” which he starred successful from 2009 to 2017.

Somerhalder is now an entrepreneur aft retiring from acting. He co-founded Brother’s Bond Bourbon pinch his “The Vampire Diaries” co-star Paul Wesley, and Somerhalder and Reed besides co-founded nan Absorption Company, which offers high-absorption powdered supplements.

Somerhalder’s proposal for anyone looking to commencement a business pinch their important different is to “make it fun.”

“The ups and nan downs successful nan travel are expected to beryllium fun,” he said. “The grind is expected to beryllium fun.”

“Find nan beauty successful each of it,” he added.

Somerhalder, 47, and Reed, 37, tied nan knot successful April 2015. They stock 2 children together: girl Bodhi, 8, and a boy they welcomed successful June 2023.

The couple moved to a farm just extracurricular of Los Angeles pinch their kids a fewer years agone and have ne'er looked back.

“We’re building 3 companies astatine nan aforesaid time, raising kids,” he told People successful October 2024.

He besides told E! News successful January of that twelvemonth of his acting career, “I loved what I did for a really agelong time. I don’t miss immoderate of it. I emotion making films, and I conscionable did it for truthful long. We had an astonishing run.”