Fraiser’s failure: Kelsey Grammer blew 6 figures investing in windmills

by Jessica Chasmar, The Washington Times  |  published on March 16, 2013

kelsey grammer

Former Frasier star Kelsey Grammer told TMZ on Tuesday that wind technology was the worst investment he’s ever made.

Grammer told the tabloid that though his finances are good, he lost hundreds of thousands of dollars on a small wind investment.

“I’m OK, but I didn’t make up for it. It’s just one of those things that’s just a straight loss,” he said. “You’d think it would be lucrative, but it’s not really a friendly environment for new technology, it really isn’t.”

The actor has made tabloid headlines in recent years for a pricey and very public divorce from Camille Grammer.

The 57-year-old put his plush Beverly Hills Home on the market back in 2008, but has been forced to drop the price several times. It still hasn’t sold after knocking $4 million off the asking price.

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