Actor Michael Sheen has bought $1.3 million of his neighbors’ debts and written them off using $129,000 of his own money.

Michael Sheen has paid off £1m worth of debt for neighbours in his local community of Port Talbot. The move was part of a two-year project to highlight issues with the current credit system, as part of forthcoming documentary, Michael Sheen’s Secret Million Pound Giveaway.

Michael Sheen has written off £1 million worth of debt for people in South Wales in a new Channel 4 documentary

Michael Sheen has shrugged off some of the naysayers who have criticised his recent million-pound giveaway. The Emmy-nominated actor recently put up £100,000 of his own money to buy and subsequently cancel £1 million worth of debt owed by around 900 people in South Wales, where he originally hails from, and now resides.

Michael Sheen has shared how his hometown of Port Talbot has been hit by a financial crisis in a new Channel 4 documentary, which sees the actor write off £1m of people's debts

Michael Sheen has been praised by fans for clearing £1million of debt for 900 people by digging deep into his own pocket. The Welsh actor, 56, has paid a whopping £100,000 of his own money to start up a debt acquisition company to help people struggling with their finances in south Wales.