"I’ve never disclosed this publicly, but this woman worked selflessly for 2yrs to build me out of a terrible business situation I got myself into," Somerhalder explained in ashared on Friday."Before Nik and I got together I built a company while shooting TVD that was important to me."
The 42-year-old actor, who married Reed in 2015, goes on to reveal he"invested heavily," making"huge personal guarantees" to different banks. "However due to greed and fraud within that company and fraudulent activities from our biggest customer, not to mention the temporary collapse of the oil and gas industry – I was left in an EIGHT- FIGURE hole," the former"Vampire Diaries" star shared.Somerhalder doesn’t reveal specifics, but also shared that traveling the world in attempt to pay off the debt left him hospitalized four times in two years.
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