Fraiserís failure: Kelsey Grammer blew 6 figures investing in windmills
By Jessica Chasmar
The Washington Times
Thursday, March 14, 2013
Former Frasier star Kelsey Grammer told TMZ on Tuesday that wind technology was the worst investment heís ever made.
Grammer told the tabloid that though his finances are good, he lost hundreds of thousands of dollars on a small wind investment.
ďIím OK, but I didnít make up for it. Itís just one of those things thatís just a straight loss,Ē he said. ďYouíd think it would be lucrative, but itís not really a friendly environment for new technology, it really isnít.Ē
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 hasnít sold after knocking $4 million off the asking price.