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'.

Hollywood actor Michael Sheen has written off £1m-worth of people's debts, using £100,000 of his own money. Sheen started a debt acquisition company to help 900 people in south Wales.

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.

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 written off $1.29 million of debt for 900 people using $129,000 of his own money. The Welsh star, famed for roles in 'Good Omens,' 'Twilight' and 'A Very Royal Scandal,' has started a debt acquisition company to help the group in his native south Wales.

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.