The Victoria’s Secret angel who cleared $550 million in medical debt for 261,000 Californians after being inspired by her ailing mother.

Miranda Kerr and her husband Evan Spiegel recently cleared nearly $550 million in medical debt for over 261,000 people across California. Letters notifying recipients began arriving in mid-July 2026. No claim, no refund, no hold.

“One of the reasons we wanted to share this directly is because if you ever get an e-mail saying you’ve been forgiven for your medical bills, we want you to know it’s true,” said Kerr.

This gift was covered by his family. “When someone you love is sick, all you want to do is focus on helping them get better,” she said. “That’s why we wanted to support this effort and help reduce medical debt, so families can focus on caring for their loved ones and truly supporting their healing.”

That idea comes from his mother. Kerr founded KORA Organics in 2009 after her mother was diagnosed with tumors on her spleen, an experience she says forced her to get healthy and give back. A medical loan offer is the same incentive, amplified.

Here’s how the math really works. The donation went to Undue Medical Debt, a nonprofit organization that buys distressed medical debt in bulk for about one cent on the dollar. That means a cash donation in the low millions can wipe out hundreds of millions in face value debt. The rating is real, the model is public, and for the 261,000 Californians who received those letters, the debt is truly gone.

This isn’t Kerr and Spiegel’s one-off. In 2022, they paid off the entire student debt of the graduating class at Otis College of Art and Design in Los Angeles, about 285 students. It was the largest gift in the school’s history. They spoke at the beginning and received a doctorate.

Their Spiegel Family Fund has also supported Stockton Scholars, the Stanford Community Service Center, Code.org, the Equal Justice Initiative, and a range of LA housing groups working on homelessness. For the 2022 trip to Australia, they quietly donated hundreds of thousands to local causes in the Hunter region, including a reported $350,000 to the Sydney Children’s Hospital Network.

Kerr also sits on the board of Baby2Baby, a nonprofit that distributes diapers, formula, and clothing to families in need across the US. KORA Organics is donating 50% of its International Women’s Day sales to Harvest Home and the Royal Women’s Hospital in Australia.

The pattern for everything is the same: high-rated models when they exist, target values ​​when they don’t, and a lot of giving is done quietly.

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