Published March 15, 2013
Kelsey Grammer said he has made some bad decisions…when it comes to investing.
The actor, who will likely forever be best known for his role as “Fraiser,” told TMZ he lost more than six figures by investing in windmills.
“Big wind is doing OK, but it was a small wind investment,” he explained. “It cost me a lot of money.”
Grammer didn’t specify an amount but said the number “had six figures,” meaning he lost at least $100,000 for his bad business decision. Of course, he said he is doing just fine financially, but his choice to invest in windmills definitely hurt him.
“It’s just one of those things that’s just a straight loss,” he said.