Sydney Sweeney received her first two Emmy nominations at the age of 24 for parts in not one but two critically praised HBO programs. In addition to playing Cassie Howard and Olivia Mossbacher in The White Lotus, the actress founded her own production business, Fifty-Fifty Films, and has worked as an ambassador for companies such as Tory Burch, Guess, Miu Miu, and Laneige in the last year. Yet, Sweeney said in a July 27 Hollywood Reporter interview that she still feels the financial strain of paying her monthly obligations.
Sweeney revealed her long-held goal to be a “young parent” while describing how she was concerned that if she took a vacation from work, there would be “no money and no support” for any future children. “If I wanted to take a six-month hiatus, I don’t have the money,” she told THR. “I don’t have anybody to lean on, no one to whom I can turn to pay my expenses or seek assistance.”
She frankly laid out how her compensation is divided, explaining that networks and studios “don’t compensate actors like they used to” and that streamers don’t offer residuals. “That’s more than my mortgage,” she remarked, after contributing 5% to her lawyer, 10% to her agents, roughly 3% (“or something”) to her business manager, and paying her publicist every month. She said that her goal wasn’t to make people “feel bad for her,” but to show “the reality of the business.” She also said that she works with brands because she has to in order to pay for her life in Los Angeles.
“I wouldn’t be able to finance my life in Hollywood if I only acted,” Sweeney explained. “I take deals because I have no other choice.”
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Her new life in Los Angeles includes a $3 million mansion she bought late last year after years of hard labor, including appearances in Sharp Objects, The Handmaid’s Tale, Once Upon a Time, etc. in Hollywood, and The Voyeurs, among other films. Though she recently purchased her first house, she told THR that she still couldn’t afford a fence to keep admirers and reporters at bay since her location was posted online. “I couldn’t believe I could even purchase a house,” she continued. “I’d like to be able to remain.”
After all, she told the Associated Press in December that her family had lost their house in the early days of her acting career. Her parents finally “lost themselves” and divorced as well. “I always assumed that when I reached 18, I’d have all this money and I’d buy back my parents’ house and bring them all back together again.” “And I was never able to, and I never did,” she told the publication. “So now I’m in a house, which is such an awesome, humbling, and beautiful accomplishment that I still can’t believe I was able to pull off.”
Despite the financial difficulties she just revealed, she values the fact that her job allows her to give back to her family. She was able to treat her cousins to a holiday on Italy’s Amalfi Coast in addition to accompanying her grandma on her first trip to Europe for a Balmain fashion show in Paris. “We grew up bummed on the lake and not taking showers, and there was no TV or internet,” the Spokane, Washington, native explained. “A lot of my family didn’t come from much, and being able to offer them a tiny piece of this world is what means the most to me… “Those are the most memorable pinch-me moments.”