What is the net worth of American actor Nicolas Cage in 2023? Is he in debt? Learn all there is to know.
The American actor of Italian-German-Polish descent is one of the emblems of Hollywood cinema of the 90s who, thanks to his talent, has managed to remain relevant, but with less prominence. Throughout his successful career as well as fame, Nicolas Cage somehow ensured a comfortable life thanks to the more than $170 million he earned.
However, his unbridled lifestyle led him to lose most of his fortune and specialists currently estimate that he only has $25 million in his bank account. As a teenager he studied at Beverly Hills High School. However, his inclination for theater led him to enter the School of Theater, Film and Television at UCLA.
Subsequently, Nicolas Cage’s ability to bring to life different types of characters led him to jump from action to comedy and even drama. “Now I’m at the point where I know I’m doing something right when a film gets mixed reviews because then I’m not in the box,” he recently stated in the face of questions about the moment his career is going through.
What did Nicolas Cage have to say about being in debt?
The “Face Off” actor revealed on “60 Minutes” that his Hollywood roles have kept him afloat after he fell into $6 million in debt following some bad investments.
“I was overinvested in real estate… The real estate market crashed, and I couldn’t get out in time,” he said about the years of the housing crisis in the late 2000s. In 2009, Cage ended up owing the IRS and creditors $14 million, according to ABC News, after he sued his former business manager for allegedly leading him “down a path toward financial ruin,” he told GQ in 2022.
Despite reportedly owing $14 million, Cage told “60 Minutes” that he “paid them all back, but it was about $6 million. I never filed for bankruptcy.”
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