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Fraiser’s failure: Kelsey Grammer blew 6 figures investing in windmills
Grammer told the tabloid that though his finances are good, he lost hundreds of thousands of dollars on a small wind investment.
“I’m OK, but I didn’t make up for it. It’s just one of those things that’s just a straight loss,” he said. “You’d think it would be lucrative, but it’s not really a friendly environment for new technology, it really isn’t.”
The actor has made tabloid headlines in recent years for a pricey and very public divorce from Camille Grammer.
The 57-year-old put his plush Beverly Hills Home on the market back in 2008, but has been forced to drop the price several times. It still hasn’t sold after knocking $4 million off the asking price.
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About the Author
Jessica Chasmar is a continuous news writer for The Washington Times. Previously, she was part of the start-up team for The Washington Times’ digital aggregation product, Times247. She can be reached at firstname.lastname@example.org.
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