The lives of Hollywood celebrities often seem glamorous, but even the biggest stars have made some questionable choices with their money. From musicians to movie stars, sometimes fame and fortune result in disastrous spending sprees. And Nicolas Cage is no different. With an Oscar, a cult-like following, an impressive list of movie credits, and a new baby on the way, the actor can seemingly do whatever he wants. And well, he always has.
Having earned longevity and success in Hollywood, Nicolas Cage has also earned a reputation for his eccentric antics on and off-screen. But he doesn’t seem to care. The actor, who made millions by starring in hits like Gone in Sixty Seconds, National Treasure, and Windtalkers, ended up owing the IRS almost $14 million in 2010. How does that even happen? Let’s take a look.
In 2019, the 58-year-old breezily blew $150 million on the strangest collection of items imaginable. Nicolas Cage then sued his former manager for $20 million for sending him down a path toward financial ruin. But when that didn’t really work out, he eventually had to pay the IRS $14 million in back taxes. Here’s a list of some of the extravagant items Cage splurged on during his spending spree.
Nicolas Cage dropped a bunch of cash on 15 homes, according to People. This includes the LaLaurie mansion in New Orleans, which he bought in 2007 for $3.4 million. It is known as one of the most haunted houses in America. He also purchased 40 acres of private island space that had been on the market for $3 million. To complement the island in 2006, he bought four luxury yachts worth $20 million, including one named Sarita that came with a jacuzzi, a gym, and rooms for 12 guests.
In 2007, Nicolas Cage outbid Leonardo DiCaprio for a 70-million-year-old dinosaur skull that cost him $276,000. The actor also picked up a 1971 luxury sports car from the late Shah of Iran for $446,820. Cage’s love of exotic pets has resulted in the Ghost Rider star breaking the bank more than once. He bought two king cobras (Moby and Sheba) for $276,000 and an octopus for $150,000. And way back in 1997, the actor spent $150,000 on a first edition Superman comic book titled Action Comics No. 1.
Although he was on the verge of bankruptcy, Nicolas Cage has managed to earn back his money through hard work, good investments, and pure determination. His upcoming movie, The Unbearable Weight of Massive Talent, is getting a lot of attention for its premise. Directed by Tom Gormican, from a screenplay he co-wrote with Kevin Etten, the film stars Cage as a fictionalized version of himself.
The story begins when (fictional) Nicolas Cage begrudgingly accepts a $1 million offer to attend the birthday of a billionaire super fan. When things take a wild turn, he is forced to become a version of some of his most iconic characters to extricate his wife and daughter from the fan who is a notorious drug lord.
Starring alongside Nicolas Cage is a talented supporting cast that includes Pedro Pascal, Sharon Horgan, Ike Barinholtz, Jacob Scipio, Lily Sheen, Neil Patrick Harris, and Tiffany Haddish. The Unbearable Weight of Massive Talent hits theaters on April 22, 2022.