In 1989, Basinger bought a town for $20M before selling it five years later

Actress Kim Basinger’s investment in 1989 marked a significant moment for Braselton, Georgia, where she purchased nearly 1,800 acres with dreams of establishing a dynamic tourist destination featuring movie studios and shops. Unfortunately, battling legal and financial hurdles during her involvement with Boxing Helena hindered progress. By 1993, Basinger parted with the property for $1 million, while Braselton flourished on its own, evolving beyond her initial aspirations.