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Weinstein is reportedly devastated at allegations made against him

Embattled movie producer Harvey Weinstein has revealed he is "profoundly devastated" at the sexual assault allegations unfolding against him.

New York Post's Page Six editor Emily Smith says Weinstein contacted her shortly after his wife left him this week in a sad and shell-shocked state.

"I am profoundly devastated. I have lost my wife and kids, whom I love more than anything else," he told Smith.

Producer Harvey Weinstein is said to have told a New York Post reporter he is "devastated" at the unfolding allegations.

He went on tell Page Six that he fully supported his wife, Georgina Chapman's decision and that he didn't stand in her way.

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"I encouraged her to do what was in her heart," he said.

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Weinstein said he supported his wife's decision to leave.

Smith went on to say: "He says his world has literally fallen apart," she said.

"He says he can't believe what has happened."

She described the movie mogul as "depressed", "shell shocked", "angry" and "defiant".

American film producer Harvey Weinstein.

She said he admits he has "done the wrong thing", that he has "harmed people" and that "he needs help", and yet still claims the encounters were consensual.

"That's what he said," Smith said.

She went on to say that Weinstein couldn't believe that he has lost his career in Hollywood.

Actress Gwyneth Paltrow poses with Hillary Rodham Clinton and Harvey Weinstein as they arrive for the premiere of Shakespeare in Love in 1999.

"He was heart-broken about the lack of support he has got from Hollywood because obviously he was the Hollywood king-maker, he was the one that could get these stars the Oscars, and he's also heart-broken by the friends that he's lost, like the political friends like Hillary (Clinton) and (Barak) Obama who he's raised millions of dollars for and who came out and spoke yesterday to.

Obama's daughter, Malia, 19, interned at the Weinstein Company just months before the allegations came out.

And a statement from the Obamas said the couple were "disgusted" by what they had seen reported in the media.

Malia Obama, left, worked in Weinstein's offices months before the allegations came out. Former US President Barack Obama and his wife Michelle responded saying "any man who demeans and degrades women in such fashion needs to be condemned and held accountable."

"Any man who demeans and degrades women in such fashion needs to be condemned and held accountable, regardless of wealth or status," the statement said.

Actress Rose McGowan, who reached a legal settlement with Weinstein in 1997, has in recent days been vocal on Twitter regarding the sexual harassment allegations surrounding Weinstein. Now Twitter has suspended her account for violating Twitter's rules, McGowan said in an Instagram post.

Page Six said their sources confirmed that Weinstein was always well-behaved around the young woman.

Weinstein, the founder of his New York-based Weinstein Company, was fired last weekend after a New York Times investigative report said he had reached at least eight legal settlements, dating to 1990, with women over alleged harassment.

More allegations followed through with an article from The New Yorker publishing allegations that Weinstein had raped three women in the last 20 years. 

Weinstein, who previously apologised for some of his behaviour, denied the rape claims. "Any allegations of non-consensual sex are unequivocally denied by Weinstein," a representative said in a statement.

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