Nicolas Cage is one of the most iconic actors in Hollywood, with a career spanning over four decades. He has starred in some of the biggest blockbusters of all time, including Leaving Las Vegas, The Rock, National Treasure, and Ghost Rider. Cage is also known for his eccentric personality and his willingness to take on challenging roles.
Nicolas Cage Net Worth
Despite his success, Cage’s net worth has fluctuated dramatically over the years. At one point, he was worth a whopping $150 million. However, a series of bad investments and extravagant spending habits left him in debt. In recent years, Cage has made a comeback, starring in a number of successful films. As of 2023, his net worth is estimated to be around $25 million.
How Nicolas Cage Made His Fortune?
Cage began his acting career in the early 1980s. He quickly gained a reputation for his intense and unconventional performances. In 1995, he won an Academy Award for Best Actor for his role in Leaving Las Vegas.
Cage’s other notable acting credits include:
- Valley Girl (1983)
- Birdy (1984)
- Raising Arizona (1987)
- Moonstruck (1987)
- Vampire’s Kiss (1988)
- Face/Off (1997)
- Con Air (1997)
- City of Angels (1998)
- Gone in Sixty Seconds (2000)
- Adaptation (2002)
- Bad Lieutenant: Port of Call New Orleans (2009)
- Kick-Ass (2010)
- Joe (2013)
- Mandy (2018)
- Pig (2021)
Cage has also starred in a number of successful television shows, including 24 and Designated Survivor.
Nicolas Cage’s Extravagant Spending Habits
Cage has been known for his extravagant spending habits throughout his career. He has owned a number of luxury homes, cars, and other possessions. In 2011, he was sued by the IRS for unpaid taxes.
Cage has also made a number of bad investments. In 2007, he purchased a $50 million house on the beach in Malibu. However, the housing market crashed the following year, and Cage was forced to sell the house at a loss.
Nicolas Cage’s Comeback
In recent years, Cage has made a comeback in Hollywood. He has starred in a number of successful films, including Mandy, Pig, and The Unbearable Weight of Massive Talent.
Cage has also become more selective with his roles. He is no longer taking on every job that comes his way. Instead, he is focusing on projects that he is passionate about.
Cage: Willing to Work for Less for Passion Projects
Cage once received $20 million or more for a single film. The Hollywood Reporter claims that after Cage’s career revival, he now charges roughly $4 million for a front-loaded movie contract.
However, the publication was told by sources that if he truly loves the project and the budget doesn’t allow for a big payday, he is willing to take a pay cut.
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How Nicolas Cage Blew Through $150 Million?
Nick made almost $150 million in acting earnings between 1996 and 2011. The films in which he made the most money were “Snake Eyes” ($16 million), “Gone in Sixty Seconds” ($20 million), “Windtalkers” ($20 million), and “National Treasure” ($20 million). It’s not unexpected that his expenditures increased along with his salary.
Nick’s spending habits did, however, skyrocket along with his salary. Nick embarked on a spending binge that would have even the Sultan of Brunei blush during the years of 2000 and 2007.
He bought 15 houses for himself (including TWO castles), an island in the Bahamas for $7 million, four yachts, a fleet of exotic cars, a private plane for $30 million, dozens of works of art, diamonds, and a dinosaur skull that was 67 million years old.
Cage had a federal tax lien placed on some real estate he owned in New Orleans back in 2009. It was claimed that Cage owed the federal government more than $6.2 million in back income taxes.
And so, Cage sued his business manager for fraud and carelessness to the tune of $20 million. In 2022, Cage claimed he had cleared all of his obligations and planned to be more picky about the roles he took in movies going forward.