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

The Welsh actor has started a debt acquisition company to highlight how banks profit off of vulnerable people, set to be shown in the Channel 4 documentary 'Michael Sheen's Secret Million Pound Giveaway'.

Channel 4 programme Michael Sheen's Secret Million Pound Giveaway, shows him establishing a debt acquisition firm to erase £1 million worth of debt for roughly 900 people

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

Michael Sheen was in "massive debt" and had "nothing left" after funding the 2019 Homeless World Cup. The 'Good Omens' actor had led Cardiff's bid to host the tournament but when the money for the event fell through,

Michael Sheen is helping clear £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.