Kevin Bacon doesn't understand 'evil' greed

Kevin Bacon has hit out at the ''evils'' of ''greed'' and can't understand why people feel the need to acquire unnecessary assets.

Kevin Bacon doesn't understand why people want a lot of money.

The 'X-Men: First Class' actor - who lost most of his savings to investor Bernard Madoff, who was jailed for 150 years in 2009 for his fraudulent schemes - slammed the "evil" of greed, admitting he can't comprehend why some feel the need to surround themselves with unnecessary assets.

He said: "I think one of the most pervasive evils in this world is greed and acquiring money for money's sake.

"Once you have six houses and a plane, it's just about a number. It's never been anything I understood."

Kevin - who has children Travis, 21, and Sosie, 19, with wife Kyra Sedgwick - says his bad experience with Madoff has taught him to count his blessings, and also be more aware of his own finances.

He added in an interview with The Sun newspaper: "When it happened to us and it was all gone overnight, we said, 'We are in this together, we are healthy, our children are healthy and we can work'. So don't feel too sorry for the bacons.

"There is a lesson there about greed and it is a lesson I am willing to learn as well.

"Has it made me a distrustful person? I don't think so. But we probably look a bit more carefully at our financial situation now."