Ian Somerhalder on 8-figure debt: ‘We sold houses, cars, everything’
Former 'Vampire Diaries' star Ian Somerhalder revealed a staggering eight-figure debt incurred after a business venture failed due to fraud and personal guarantees. He and wife Nikki Reed sold significant assets to overcome the financial crisis. Now focused on entrepreneurship, Somerhalder co-founded Brother's Bond Bourbon and the Absorption Company, embracing a new chapter away from Hollywood.
