John Malkovich lost a huge chunk of his personal fortune to Wall Street scam artist Bernie Madoff. Financier Madoff was arrested in December, accused of siphoning billions of dollars from his wealthy clients.

A number of stars have been affected by the scandal, including Kevin Bacon, Steven Spielberg and Zsa Zsa Gabor. Malkovich reveals he too lost money to Madoff - but he is refusing to let the financial hit get him down.

The star tells the New York Daily News, "I wouldn't say I feel flush. But I wouldn't pretend to have less than the most spectacular life. I'm more worried about people who don't have jobs."

Malkovich also reveals he has resolved a tax dispute with the French government that forced him to quit his home in the country.

The 55-year-old claims a mix-up left him with a $36,500 tax bill resulting from a Paris play he lost money producing.

Malkovich vowed to challenge the bill and now insists French authorities are "making an arrangement with the IRS.

(This news article provided by World Entertainment News Network)