Was veteran actor Nicolas Cage in debt? Learn all that the actor had to say about his financial issues and more

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Nicolas Cage is a 59-year-old American actor and film producer born on January 7, 1964, in Long Beach, California. Nicolas is known for his versatile acting skills and the genres that he chose to act. He has also received various awards such as Golden Globe, Academy, etc.

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Nicolas Cage

Facts about Nicolas Cage

CategoryInformation
Full NameNicolas Kim Coppola (changed his name to Nicolas Cage to avoid nepotism accusations)
Date of BirthJanuary 7, 1964
Place of BirthLong Beach, California, USA
Height6’0″ (1.83 m)
OccupationActor, producer, director
Years active1981-present
Spouse(s)Patricia Arquette (1995-2001), Lisa Marie Presley (2002-2004), Alice Kim (2004-2016)
ChildrenWeston Cage (with Christina Fulton), Kal-El Cage (with Alice Kim)
Notable AwardsAcademy Award for Best Actor for his role in “Leaving Las Vegas” (1995), Golden Globe Award for Best Actor for his role in “Adaptation” (2002)
Notable Films“Raising Arizona” (1987), “Moonstruck” (1987), “Leaving Las Vegas” (1995), “Face/Off” (1997), “National Treasure” (2004), “The Weather Man” (2005), “Kick-Ass” (2010), “Mandy” (2018)
Interesting FactNicolas Cage is a huge comic book fan, and even named his son Kal-El after Superman’s birth name. He also once owned a comic book that was stolen and later recovered, and it sold for a record-breaking $2.1 million at auction.

About Nicolas Cage

In Long Beach, California, August Coppola and Joy Vogelsang welcomed Nicolas Cage into the world. He was of Italian, German, and Polish descent and was raised in a Catholic household. Numerous prominent individuals in the movie business were connected to Nicolas, including his uncle, the filmmaker Francis Ford Coppola, and his cousins Roman and Sofia Coppola. He participated in a school production of Golden Boy while he was a student at Beverly Hills High School. After seeing James Dean’s performance in East of Eden, Nicolas became interested in acting. Later, to escape allegations of nepotism, he changed his name. He took the names John Cage and Luke Cage after the Marvel Comics character Luke Cage.

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Nicolas Cage

In 1981, Nicolas Cage made his acting debut in The Best of Times, a television pilot. The following year, he made his screen debut in a supporting part in Fast Times at Ridgemont High. He played the lead in the 1983 romantic comedy Valley Girl for the first time. He lost to Matt Dillon in The Outsiders role audition. He did, however, co-star in Rumble Fish, a different movie adapted from an S.E. Hinton book. Cage starred in three historical dramas in 1984, including Racing with the Moon and Birdy, which earned good reviews but did poorly at the box office.

In 1989, Cage appeared in the black comedy Vampire’s Kiss as a man who thinks he is a vampire. Although the film was a box office failure, it gained a cult following because of Cage’s surreal and over-the-top performance, which has been featured in internet memes. In the same year, he starred in Wild at Heart, a romantic crime movie directed by David Lynch. Despite winning the Palme d’Or at the Cannes Film Festival, the film received mixed reviews. Cage’s next films, Fire Birds and Zandalee were heavily criticized by reviewers. However, his performance in Honeymoon in Vegas was praised and earned him a Golden Globe nomination.

The eight-episode Tiger King series in which Cage was supposed to star as Joe Exotic was shelved in July 2021. He played Grug once more in The Croods: A New Age and his performance in the 2021 movie Pig won him praise from critics. Cage also played the lead in The Unbearable Weight of Massive Talent and played Dracula in a minor role in Renfield, a Universal Classic Monsters spinoff movie. Early in 2022, principal photography commenced.

Was veteran actor Nicolas Cage in debt?

Yes, Case was in debt. He has revealed that his continued interest in acting is not just for fun.

Cage made excessive real estate investments. He referred to the years of the housing crisis in the late 2000s as “the real estate market crashed, and I couldn’t get out in time.”

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Nicolas Cage

According to ABC News, after suing his former business manager for allegedly pushing him “down a path towards financial ruin,” Cage ended himself owing the IRS and creditors $14 million in 2009 and claimed this in an interview with GQ in 2022. Despite allegedly owing $14 million, Cage claimed to have “paid them all back, but it was about $6 million” on “60 Minutes”. Never did I declare bankruptcy.

Despite once owning 15 multi-million-dollar properties, 50 cars, and a 70-million-year-old dinosaur skull, Cage’s current net worth is estimated to be around $25 million, according to CNBC. Nonetheless, he remains grateful for his acting career, which he says helped him in his darkest times.

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