Between 1996 and 2011 Nicholas Cage made 150 million dollars by using his acting skills. At one point, Forbes listed him as one of the highest paid actors of all time. Cage made $40 million in 2009 alone. That a heap of cash if I’ve ever heard of one!
Unfortunately, Cage is not as sharp as the character he plays in National Treasure. That dude could steal the declaration of Independence and decode a treasure map. Cage is a simpler minded-man who is plagued by his fascination with the most random and unnecessary things you can think of. As his paychecks got bigger, so did his spending habits. By the time this dude hit his mid 40’s, he had put the King of Arabia to shame by spending more money than him. Cage blamed his money manager for sending him “down a path toward financial ruin,” but his credit card bill points all fingers at Cage’s mindless spending habits.
In the year 2009, the IRS handed the award-winning actor a cute little tax lien of $6.2 million. What did Cage do? He sued his manager for negligence and fraud. While Hype Galore does “feel for Cage,” we still want to investigate a few things here. Whether or not Cage’s money manager is responsible for this tax lien does not matter. The main thing to focus on is that he spent $150 million. That’s pretty hard to do. Let’s take a look at how he was able to blow through all this cash. Spoiler alert: Cage ain’t no Keanu Reeves.
Join us on our journey through Cage’s mindless spending…