Nicolas Cage, a renowned American actor, was once worth over $100 million, mainly from earning $200 million from his movie salaries. However, his extravagant lifestyle caused him to fall into financial difficulties. His reckless spending, combined with poor real estate investments and failure to pay taxes, left him in a position where he had to sell some of his prized possessions, including his Ferrari Enzo and a rare copy of Action Comics #1. The comic book, considered one of the most valuable in the world, was sold at an auction for a record-breaking $2.16 million. Despite being among the highest-paid actors in Hollywood, Nicolas Cage’s lavish spending habits led to his financial downfall, resulting in him having to sell some of his most treasured possessions to pay off his debts. Net worth and income of Nicolas Cage.
Net worth and income of Nicolas Cage
Category: Richest Celebrities › Actors
Net Worth: $25 Million
Date of Birth: Jan 7, 1964 (59 years old)
Place of Birth: Long Beach
Height: 6 ft (1.83 m)
Profession: Actor, Film Producer, Voice Actor, Television producer
Nationality: United States of America
Nicolas Cage was born on January 7, 1964, in Long Beach, California, as Nicolas Kim Coppola. His parents were August Coppola, a literature professor, and Joy Vogelsang, a choreographer and dancer. Cage attended Beverly Hills High School and later enrolled in the School of Theatre at UCLA. Interestingly, to avoid any appearance of favoritism, Cage changed his last name, which was inspired by the Marvel Comics character Luke Cage. Through his father, Cage is related to director Francis Ford Coppola and actress Talia Shire, and to actors Jason Schwartzman and Sofia Coppola, who are his cousins. August Coppola passed away from a heart attack in 2009, leaving behind his family and a legacy in the world of literature.
Nicolas Cage’s acting career began in 1982 when he landed his first film role in “Fast Times at Ridgemont High.” He continued to work steadily throughout the 80s and early 90s, appearing in popular films such as “Valley Girl,” “Raising Arizona,” “Peggy Sue Got Married,” and “Honeymoon in Vegas,” among many others. However, it was his big-budget action films like “Con Air,” “Face/Off,” “The Rock,” and “Gone in Sixty Seconds” that were most successful at the box office.
Despite his success in mainstream flicks, most of Cage’s lower-profile movies have been box office disappointments. His 2006 remake of “Wicker Man” was a critical and commercial failure, failing to make back its $40 million budget. In 2007, Cage was briefly considered for the lead role in “The Wrestler,” but ultimately dropped out of the running, and Mickey Rourke received an Academy Award nomination for his performance in the part.
Cage received critical acclaim for his lead role in Werner Herzog’s “The Bad Lieutenant: Port of Call New Orleans” in 2009. He continued to have box office success in 2012 with “Ghost Rider: Spirit of Vengeance,” which grossed $585 million. However, his next film, “Joe,” was a box office flop. In 2018, he starred in “Mandy,” an action thriller produced by Elijah Wood, which received much critical praise but was disqualified for Oscar consideration due to a late release.
Cage also played the lead role in Richard Stanley’s 2018 film “Color Out of Space,” which marked Stanley’s return to feature filmmaking after a 22-year absence. Cage’s career has been marked by ups and downs, but he has continued to be a prolific actor, with over 70 film credits to his name. Despite his financial troubles and occasional box office failures, he remains a beloved and highly respected figure in Hollywood
Financial Problems and Recovery
Nick’s acting career earned him more than $150 million from 1996 to 2011 alone. With increasing income, Nick’s spending habits went through the roof. Between 2000 and 2007, he indulged in extravagant purchases such as 15 personal homes, including two castles, a private island in the Bahamas worth $7 million, four luxury yachts, a private jet worth $30 million, a fleet of exotic cars, artwork, jewels, and even a 67 million-year-old dinosaur skull. However, his spending habits eventually caught up with him, resulting in serious financial difficulties. In 2009, he faced a federal tax lien of over $6.2 million for failing to pay federal income taxes on a property he owned in New Orleans. As a result, he filed a $20 million lawsuit against his business manager for negligence and fraud. To date, he has been paying off his debts.
Apart from his acting career, Cage also ventured into directing and produced films such as Shadow of the Vampire and The Dresden Files. He lent his voice for animated movies such as Spider-Man: Into the Spider-Verse and Teen Titans Go! To The Movies. He also narrated the documentary Love, Antosha, directed by Viktor and Irina Yelchin. Cage has a passion for comic books and is an avid collector of underground comic artist Robert Williams’ works. In 2002, he sold a collection of 400 vintage comics for over $1.6 million and even created his own comic book, Voodoo Child, with his son Weston in 2007.
Nicolas Cage’s performance in the film “Leaving Las Vegas” earned him numerous accolades, including the Academy Award for Best Actor and the Golden Globe Award for Best Actor in a Motion Picture Drama in 1996. He received critical acclaim for his portrayal of screenwriter Charlie Kaufman in “Adaptation,” earning him an Academy Award nomination and recognition from various award-giving bodies such as the Screen Actors Guild and the British Academy Film Awards.
Cage’s outstanding performances continued to earn him recognition in the film industry. He received the Toronto Film Critics’ Association Award for Best Actor for his role in “Adaptation,” and the Creative Coalition Spotlight Initiative Award at the Toronto International Film Festival for his work in “Color Out of Space.” Cage was also awarded a star on the Hollywood Walk of Fame in 1998, in recognition of his contributions to the film industry. He was presented with an honorary doctorate in fine arts by California State University in 2001, and was invited to speak at the university’s graduation ceremony. Cage’s talent and contribution to the film industry have been acknowledged through various awards and recognitions throughout his career.
Nick Cage has demonstrated his philanthropic side by generously donating to various organizations. He gifted $2 million to Amnesty International, providing shelter, medical and mental care to children who were forced to fight in conflicts. During the aftermath of Hurricane Katrina, he donated $1 million to the victims. Additionally, he supports ArtWorks, a campaign that aims to raise awareness about fundamental rights at work. His charitable acts have earned him the Humanitarian Award from the United Nations.
Throughout his life, Cage has had a few significant relationships and marriages. He had a son named Weston with actress Christina Fulton, whom he dated for several years. He was first married to actress Patricia Arquette from 1995 to 2001. He then had a brief marriage with Lisa Marie Presley in 2002 that lasted only a few months. Cage tied the knot with Alice Kim in 2004, and they had a son named Kal-El in 2005. After over a decade of marriage, they separated in 2016. In 2019, Cage married Erika Koike but filed for an annulment just four days later, and their divorce was finalized later that same year. Cage’s personal life has been the subject of much media attention over the years.
Nicolas Cage Earnings
The Croods: $1 Million
Ghost Rider: Spirit of Vengeance: $7.5 Million
Trespass: $7 Million
Seeking Justice: $12 Million
Drive Angry: $6 Million
The Sorcerer’s Apprentice: $12 Million
The Bad Lieutenant: Port of Call – New Orleans: $2 Million
National Treasure: $20 Million
Adaptation: $2 Million
Windtalkers: $20 Million
Captain Corelli’s Mandolin: $7 Million
Gone in Sixty Seconds: $20 Million
Bringing Out the Dead: $10 Million
Snake Eyes: $16 Million
Face/Off: $6 Million
The Rock: $4 Million
Leaving Las Vegas: $240 Thousand
Vampire’s Kiss: $40 Thousand
Valley Girl: $5 Thousand
Total Earnings: $152.8 Million