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All the Unbelievable Ways Nicolas Cage Blew His $200 Million Fortune

Nicolas Cage
Actor Nicolas Cage has led blockbuster films for decades, but he has proven irresponsible with the fortune he amassed from his work on the silver screen. Credit: Nicolas Genin, CC BY-SA 2.0

Hollywood actor Nicolas Cage has led blockbuster films for decades, but the star has proven his financial irresponsibility with the fortune he amassed from his work on the silver screen.

The star billed $28 million per role during his prime but has recently seen a spate of bad press for some unsavory public incidents.

The 57-year-old actor was recently filmed being kicked out of an upscale Las Vegas restaurant after a drunken fight with the establishment’s staff.

Some say that the celebrity was “mistaken for a homeless man” by witnesses due to his unkempt appearance and heavily inebriated state.

The star made his name starring in huge movies like National Treasure and Con-Air, and has been an industry fixture since the ’80s.

His success resulted in a huge $207 million fortune, but the actor has not been able to make his wealth last.

Nicolas Cage’s insane purchases

Cage has blown his money on some head-scratching things. The actor bought a $207,000 octopus and a $412,000 stolen dinosaur skull.

Cage has a passion for exotic animals and animal relics, having also spent $380,000 in one sitting on two poisonous cobras and the aforementioned octopus.

The $412,000 dinosaur skull was that of a 67 million-year-old Tarbosaurus. Cage reportedly beat out fellow leading man Leonardo DiCaprio in an auction for the the ancient artifact.

The actor was later informed that the skull had been stolen from the Gobi Desert in Mongolia. The Department of Homeland Security contacted Cage about the skull’s origins in 2014, and he immediately agreed to return it to Mongolian authorities.

Cage also plunked down $4.7 million on the LaLaurie Mansion in New Orleans. While real estate may seem like a typical purchase for a Hollywood star, this one was slightly peculiar in that the mansion is considered one of the most haunted residences in the entire world. The home was once Madam Delphine LaLaurie’s, a noted serial killer who had her story told in the third season of American Horror Story.

LaLaurie tortured and killed hundreds of slaves on her property between 1787 and 1849.

Cage had the mansions seized– along with another expensive property– during a foreclosure in 2009, when the star owed the IRS $18 million in unpaid taxes.

Cage’s more traditional purchases, although typical assets for a wealthy person, were excessive, with Cage at one time having 15 estates to his name. The star eventually spent too freely on too much, leading to financial ruin by the time he reached middle age.

The actor bought two castles in Europe for roughly $11 million each. H aslo invested several million in renovating both properties. One castle was an 11th-century Bavarian estate in Etzelwang, Germany, and the other was in Bath, England.

Cage also had a $34.2 million on the water in Newport Beach, California, a $21.6 million estate in Newport, Rhode Island, and a $11.6 million property in Las Vegas, Nevada.

He also has two private islands in the Bahamas and a $9.61 million island outside of Nassau.



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