Nicolas Cage Blow Through A $150 Million Dollar Fortune

After years of extravagant over-spending, not only did Nicolas find himself owing the IRS $13 million, but he also managed to blow through a $100 million fortune.

I have to admit, Nicolas Cage is probably my favorite actor of all time. The Rock, Lord of War, Con Air, National Treasure, Raising Arizona, Leaving Las Vegas, Face/Off, Snake Eyes… I celebrate the man’s entire catalog. I realize that some of Nick’s movies can be perceived as slightly cheesy or even flat out bad, but you have to admit his movies are rarely dull. At the peak of his career, Nick was one of the highest paid celebrities in the world who pulled down as much as $40 million per year. Between 1996 and 2011 Nick earned more than $150 million from acting alone. He earned $16 million for Snake Eyes, $20 million for Gone in Sixty Seconds, $20 million for Windtalkers, $20 million for National Treasure… just to name a few.

Not surprisingly, as his income went up so did his spending habits. Actually, to be fair, as his income increased Nick’s spending habits SKYROCKETED. Between 2000 and 2007 Nick went on a spending spree that would make the Sultan of Brunei blush. During that time Cage made the following purchases:15 Personal Homes: Cage’s property portfolio included an $8 million castle in England that he plunged millions more into remodeling. He never spent a single night in the castle. He also bought a second castle in Bavaria, two multi-million dollar mansions in New Orleans, a $17.5 million palace in Bel Air, a $10 million Malibu beach house, a 24,000 square foot home in Rhode Island, a mansion in Las Vegas and a getaway property on Paradise Island in the Bahamas.

A Private Island: Apparently having a house on Paradise Island didn’t fill Nick’s penchant for the Bahamas because in 2006 he spent $7 million on a 40 acre private island 85 miles south of Nassau.

Four Luxury Yachts: Cage at one time owned four luxury yachts including one called Sarita that had 12 master bedrooms that was valued at $20 million.

A Fleet of Exotic Cars: At its peak, Nick Cage’s garage contained dozens of high end luxury vehicles including nine Rolls Royces. He owned an extremely rare $500 thousand Lamborghini and a $1 million Ferrari Enzo, one of only 349 produced. Cage also owned 30 motorcycles.

A $30 Million Gulfstream Private Jet

Other: Nearly 50 expensive works of art, dozens of jewels, a 67 million year old dinosaur skull, two extremely rare albino King Cobras.

| MB #end.