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Kevin Bacon and Kyra Sedgwick attend the 2025 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 02, 2025 in Beverly Hills, California© Getty

Kyra Sedgwick's huge inheritance and ultra-wealthy background revealed

The star is married to Kevin Bacon

Hannah Hargrave
US Deputy Editor
7 days ago
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Kyra Sedgwick has amassed an impressive fortune from her four-decades-long career as an actress, but many fans may not realize she also comes from an extremely wealthy family. 

Kyra — who has been happily married to Kevin Bacon since 1988 — was born to Henry Dwight Sedgwick V and his wife, Patricia Rosenwald in 1965.

Kyra's father was a very successful venture capitalist so she was raised in a life of privilege.

Recommended videoYou may also likeWATCH: Kevin Bacon and Kyra Sedgwick's love story

Henry was an influential figure in the world of finance and business. He was also a direct descendant of the prominent Sedgwick family of Massachusetts, whose lineage dates back to the 1600s.

Not only did Henry's wealth provide material comforts, but it also granted his children access to prestigious educational institutions and high society. 

Kyra Sedgwick and Kevin Bacon attend the 2025 Vanity Fair Oscar Party Hosted By Radhika Jones at Wallis Annenberg Center for the Performing Arts on March 02, 2025 in Beverly Hills, California© Getty
The couple once almost lost everything

Kyra attended the esteemed Dwight-Englewood School in New Jersey, a private institution known for its academic rigor and affluent student body.

Henry passed away at the age of 95 and Kyra inherited around $16 million. 

Kyra hugs her father Henry Sedgwick© Getty Images
Kyra with her father Henry Sedgwick

Kyra has an impressive list of ancestors including William Ellery, a signatory of the Declaration of Independence, Robert Sedgwick, a general who was one of the first arrivals in America from England and Ellery Sedgwick, a former editor of the Atlantic Monthly.

She has numerous famous relatives from her cousin, the late actress Edie Sedgwick, to her very famous half-brother, jazz guitarist Mike Stern.

Edie Sedgwick smoking a cigarette© Getty Images
The late actress Edie Sedgwick is Kyra's cousin

Kyra and Kevin have a combined net worth of $45 million but lost nearly everything when they invested most of their money into Bernie Madoff's ill-fated Ponzi scheme. 

It was an incredibly tough time for the couple whose children, Sosie and Travis, were only young at the time. 

But they focused on their work and their family. 

Sosie Bacon with Kyra Sedgwick, Kevin Bacon and Travis Bacon© Gilbert Flores
The couple share children Sosie and Travis

"We’ve made it this far, our kids are healthy, we’re healthy, you know? Let’s look at what we have that’s good," he said of their attitude. "When something like that happens, you look at each other and you go, 'Well, that sucks and let's roll up our sleeves and get to work.'" 

Kevin and Kyra redesigned and reevaluated their lives. They eventually decided to move away from Hollywood  and settled on a cozy farm in Connecticut which is worlds away from the spotlight of Tinseltown. 

Kyra replied with her own Valentine's throwback© Instagram
Kyra and Kevin have been together since they were very young

It is also a far cry from Kyra's upbringing in New York. 

They own a 40-acre farm in Sharon which is a tiny town with a population of less than 3,000 people.

Kevin and Kyra are due to work alongside their kids© Amy Sussman
It's been a financial rollercoaster for them

They are the proud owners of goats, alpacas, pigs and mini horses. 

Kevin Bacon: 5 top roles 

Kevin Bacon attends the 72nd Writers Guild Awards at Edison Ballroom on February 01, 2020 in New York City. (Photo by Dominik Bindl/WireImage)© Dominik Bindl

1. JFK (1991)

Kevin plays Willie O'Keefe, a key witness in this political thriller about the investigation into John F. Kennedy's assisnation and the possibility of a conspiracy. 

2. Apollo 13 (1995) 

As part of the Apollo 13 crew, Kevin plays Backup Command Module Pilot, Jack Swigert. The film follows the ill-fated mission to the moon, which was supposed to be the third manned landing. 

3. Footloose (1984)

Kevin stars as Ren McCormack, the lead character in this musical about a teenager who fights to overturn a dancing ban in his new small town. 

4. Crazy Stupid Love (2011) 

In this romantic comedy, Kevin plays David Lindhagen, the man Emily (Julianne Moore) has an affair with during her failing marriage with Cal. 

5. Friday the 13th (1980) 

Kevin appears as Jack, one of the camp counselors at Camp Crystal Lake where an unknown killer is on the loose. 

The pair continue to work in the entertainment industry and feel grateful to still be doing what they love.

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