Nicolas Cage Net Worth: How Nicolas Cage Once Spent His Full $150 Million Fortune

Nicolas Cage was born Nicolas Kim Coppola in Long Beach, California, on January 7, 1964. His father, August Coppola, taught literature, and his mother, Joy Vogelsang, was a dancer and director.

In 2009, August died of a heart attack. Cage has two brothers and went to Beverly Hills High School and the School of Theatre at UCLA. Through his father, Nicolas Cage is the nephew of director Francis Ford Coppola and actress Talia Shire.

He is also the cousin of directors Sofia Coppola, Roman Coppola, and Jason Schwartzman. Cage changed his last name, which was based on the Marvel Comics hero Luke Cage, so it wouldn’t look like he was favoring his family.

Nicolas Cage Net Worth?

American star Nicolas Cage has a net worth of $25 million. Nicolas Cage’s net worth used to be much higher, easily more than $100 million because he had already made at least $200 million just from movie pay.

Nick’s wasteful spending is still talked about today. Nicolas Cage was one of Hollywood’s highest-paid actors, but he got himself into some serious financial trouble when he didn’t pay his taxes and made some bad real estate investments. He had to sell his Ferrari Enzo and other prized possessions to pay off his debts.

Most famously, he sold his copy of Action Comics #1 at auction for a record-breaking $2.16 million. This is because it is one of the most expensive comic books ever made. We’ll talk more about his impressively wild spending spree over many years in the next part of this piece.

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How Nicolas Cage Once Spent His Full $150 Million Fortune

Nicolas Cage Net Worth

Nicolas Cage, who is best known for his parts in movies like “National Treasure” and “Leaving Las Vegas,” was once Hollywood’s highest-paid actor and was worth $150 million.

But Cage didn’t keep his wealth for very long. He blew it on a series of expensive and sometimes strange purchases. As a result, he lost several homes to foreclosure and owed the IRS $6.3 million in property taxes.

Cage is now worth about $25 million, and he keeps getting jobs to pay off his bills.

From CNBC’s “The Filthy Rich Guide,” here are some of Cage’s most bizarre purchases.

  • Cage used to own 15 homes, including a $25 million waterfront home in Newport Beach, California, a $15.7 million country house in Newport, Rhode Island, and an $8.5 million home in Las Vegas, which is shown below.
  • He also bought the famous LaLaurie home in New Orleans for $3.4 million. This house is known as one of the most haunted places in the United States.
  • Cage bought not one but two houses in Europe for $10 million and $2.3 million, respectively.
  • He paid $3 million and got an island in the Bahamas that was empty.
  • He also paid for a funeral tomb that is nine feet tall.
  • And even bought dwarf heads that had been shrunk.
  • He spent $450,000 on the late Shah of Iran’s Lamborghini and $150,000 on an octopus as a pet.
  • The first Superman comic cost him another $150,000.
  • Someone said that Cage once outbid fellow star Leonardo DiCaprio for a dinosaur skull that was 70 million years old. But it turned out that the $276,000 treasure had been stolen, so Cage had to give it back to the Mongolian government.

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