Nic cage, birthed as Nicolas Kim Coppola, is an American actor and film producer. He has won an Academy Award, a Screen Actors Guild Award, a Golden Globe Award, and has been nominated for two BAFTA Awards.
He is known for his versatility as an actor, and his appearances in various cinema genres have earned him a fanbase.
What financial problems did Nic Cage face and how did he recover?
Between 1996 and 2011, Nic Cage made more than $150 million in acting fees. He received $16 million for Snake Eyes, $20 million for Gone in Sixty Seconds, $20 million for Windtalkers, and $20 million for National Treasure, among other projects.
Not unexpectedly, when his income increased, so did his expenditures. To be honest, Nick’s spending habits skyrocketed as his salary soared. Between 2000 and 2007, Nick went on an extravagant spending binge that would make the Sultan of Brunei blush.
His acquisitions included 15 personal dwellings (including TWO castles), a $7 million private island in the Bahamas, four luxury yachts, a fleet of exotic automobiles, a $30 million private plane, hundreds of works of art, diamonds, and a 67 million-year-old dinosaur skull.
The IRS issued a federal tax lien against Cage’s New Orleans property in 2009. Cage allegedly failed to pay more than $6.2 million in federal income taxes. Cage then filed a $20 million lawsuit against his business manager, accusing him of incompetence and fraud.
Cage announced in 2022 that he had finally paid off his debts and planned to be more selective with film jobs after accepting anything and anything to put up the necessary funds.
Cage featured in Werner Herzog’s 2009 film The Bad Lieutenant: Port of Call New Orleans. The picture garnered universally favorable reviews, and Cage was praised for his starring performance. He achieved big office success in 2012 with Ghost Rider: Spirit of Vengeance, which grossed $585 million.
Joe, his follow-up picture, was a commercial failure. In 2018, he starred in the critically acclaimed action film Mandy, produced by Elijah Wood. Wood planned to whip up Oscar support for Cage, but the film was eventually disqualified for a late-year release. Cage agreed to play the lead part in Richard Stanley’s 2018 film Color Out of Space. This was Stanley’s first feature picture since 1996.
Nicolas Cage went on to star in Pig (2021), The Unbearable Weight of Massive Talent (2022), and Renfield (2023). In 2023, Cage also appeared in The Flash as an alternate version of Superman, donning his cape.
Source: www.ghgossip.com
