Here’s something you don’t see every day: Welsh actor Michael Sheen, known for his roles in Good Omens, Twilight, and A Very Royal Scandal, decided to wipe out £1 million ($1.29 million) of debt for 900 people. And guess what? He used £100,000 ($129,000) of his own money to do it.
This whole thing is part of a new project he started in his hometown of south Wales, which will be shown in an upcoming Channel 4 documentary called Michael Sheen’s Secret Million Pound Giveaway.
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The show’s all about shedding light on how banks make money off people who are already struggling.
Sheen used his own money for debt relief
Michael Sheen has written off £1 million ($1.29 million) of debt for 900 people using £100,000 ($129,000) of his own money.
He started a debt acquisition company
The actor, who’s been in everything from Good Omens to Twilight, decided to start a debt acquisition company to help people in his own community in south Wales.
The Channel 4 documentary will document it
This whole project is actually going to be featured in a Channel 4 documentary, Michael Sheen’s Secret Million Pound Giveaway, which is set to air in the UK soon.
The documentary is going global too, with Fremantle handling distribution for Michael Sheen’s Debt Heist.
Banks profit from vulnerable people
The whole point of Sheen’s show is to expose how banks and finance companies are making tons of money off the country’s most vulnerable people.
“The shocking thing is that people have started having to use credit cards, overdrafts to pay for basics, to pay for necessities, rather than luxuries or anything like that, so the debt that I was able to buy included credit card debt, overdrafts, car finance, that kind of stuff,” he said.
Sheen was cautious about spending the money
At first, Sheen was kind of cautious about putting in his own money. He even told BBC’s The One Show that he doesn’t have £100,000 just lying around to “throw around,” and he wanted to make sure the project would be “effective” if he went for it.
A woman’s story inspired him to act
But everything changed when he met a woman in a Port Talbot café. She told him about “steelworkers in tears” over losing their jobs, which hit Sheen hard.
It was then he decided to go for it with the debt acquisition company.
Sheen focuses on Port Talbot due to steel industry loss
The project has a special focus on Port Talbot, a town that’s been hit hard by the closure of a blast furnace in Wales, marking the end of traditional steelmaking there.
The closure caused widespread job loss, which made Sheen want to step up and help.
Sheen has become a champion of Wales
Recently, Sheen’s also been stepping up for Wales in a big way. After the National Theatre Wales closed in 2024 due to a funding cut, he started self-financing a new national theater to fill the gap.
“I want it to be something that represents the rich culture that we are and always have been in this country,” he said.
Sheen is looking for both private and public funding, but his initial self-financing is all about getting the project off the ground so it can stand “on its own two feet.”
Not all heroes wear capes — they also write off debt and change lives!
Last Updated on March 6, 2025 by Reem Haqqi
