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CNBC

By Emmie Martin
Best known for his roles in movies such as “National Treasure” and “Leaving Las Vegas,” Nicolas Cage was once a top earner in Hollywood, worth US$150 million.
But Cage didn’t hold on to his fortune for long. He squandered it away on a string of expensive and often eccentric purchases, eventually facing foreclosure on several properties and owing the IRS US$6.3 million in property taxes.
Now worth around US$25 million, Cage is taking roles left and right to help pay off his debts.
As chronicled in CNBC’s “The Filthy Rich Guide,” here’s a glimpse at some of Cage’s craziest purchases.
Cage once owned 15 residences, including a US$25 million waterfront home in Newport Beach, California, a US$15.7 million countryside estate in Newport, Rhode Island, and an US$8.5 million abode in Las Vegas, pictured below.

He also purchased, for US$3.4 million, the infamous LaLaurie mansion in New Orleans, known as one of the most haunted houses in America.

Over in Europe, Cage purchased not one but two castles for US$10 million and US$2.3 million, respectively.

US$3 million got him a deserted island in the Bahamas.

He also sprung for a nine-foot-tall burial tomb.

And even bought shrunken pygmy heads.

He blew US$450,000 on the late shah of Iran’s Lamborghini ....

... and another US$150,000 on a pet octopus.

He spent yet another US$150,000 on the first Superman comic.

Allegedly, Cage also once outbid fellow actor Leonardo DiCaprio for a 7-million-year-old dinosaur
skull. The US$276,000 artefact turned out to be stolen, however, and Cage had to return it to the Mongolian government.

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Read the original article at CNBC


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Fame and celebrity

How Nicolas Cage blew US$150 million on mansions, his own private island — and a real dinosaur skull

If you want to blow a fortune in the most eccentric and extravagant way possible, you may want to take some tips from the Hollywood actor

The master bedroom of a luxury home previously owned by actor Nicolas Cage is seen in Las Vegas, Nevada. Photo: Bloomberg

Shutterstock 182722484. octopus

This image provided by the U.S. Immigration and Customs Enforcement (ICE) shows a photo of a Tyrannasaurus Bataar skull from Mongolia, that was seized during an arrest. Rick Rolater, pleaded guilty Thursday, Jan. 2, 2014 to a felony charge of conspiring to smuggle fossils from China into the United States. He also agreed to forfeit any claim to a Tyrannosaurus skull that likely will be heading back home to Mongolia. (AP Photo/ICE)

FILES - Picture taken on July 15, 2006 shows the Neidstein castle near Etzelwang, southern Germany, owned by Hollywood actor Nicolas Cage. The global recession has forced Hollywood actor Nicolas Cage to tighten his purse strings and sell his sumptuous castle in Bavaria in southern Germany, a local newspaper reported on April 1, 2009. The star reportedly paid 2.6 million dollars (two million euros) for the pied-a-terre, which dates back to the 16th century. AFP PHOTO DDP / TIMM SCHAMBERGER GERMANY OUT

“Action Comics No. 1,″ created by Jerry Siegel and Joe Shuster, was first published in June 1938. Photo: The Independent UK

Photo: Alamy

Photo: Crankhandle

RJO01D:BRAZIL-ART:RIO DE JANEIRO,17APR00 - Francisco Oliveira takes a close look at a shrunken head from the cultural art exhibit "Indigenous Body and Soul," at the Indian Museum in Rio de Janeiro April 17. The head, which was a war trophy hunted down from a rival of the Jivaro tribe in the Peruvian Amazon region, is reduced to less than half its original size in a six-day process known as 'Tsanta.' The shrunken head attests to a successful hunt, while also being placed to mark a tribe's regional territory. The museum exhibit in Rio, featuring pieces from 200 different tribes, runs from April to September. (Brazil Out) gn/Photo by Gregg Newton REUTERS

Photo: Shutterstock

U.S. actor Nicolas Cage arrives at the Venice Movie Palace. Photo: REUTERS/Tony Gentile

Actor Nicolas Cage returns stolen dinosaur skull he bought in auction

Actor Nicholas Cage smiles after placing his handprints in the forecourt at Grauman's Chinese Theater in Hollywood in this file photo taken August 14, 2001. Cage has agreed to forfeit a rare stolen dinosaur skull he bought for $276,000 to U.S. authorities so it can be returned to the Mongolian government. REUTERS/Fred Prouser/Files

Actor Nicholas Cage not accused of any wrongdoing in case of stolen dinosaur skull. Photo: Reuters

Business

Money

Wealth

If you want to blow a fortune in the most eccentric and extravagant way possible, you may want to take some tips from the Hollywood actor


Wealth management

How Nicolas Cage blew US$150 million on mansions, his own private island — and a real dinosaur skull

.css-1c6uqr6{color:inherit;font-weight:inherit;font-size:inherit;font-family:inherit;line-height:inherit;overflow-wrap:break-word;}If you want to blow a fortune in the most eccentric and extravagant way possible, you may want to take some tips from the Hollywood actor

If you want to blow a fortune in the most eccentric and extravagant way possible, you may want to take some tips from the Hollywood actor