What did Nicolas Cage spend his money on? The enigmatic actor, known for his eclectic filmography, has often been a subject of scrutiny regarding his financial decisions. Over the years, Cage has been infamous for his extravagant spending habits, leading to numerous reports about his money troubles. This article delves into the various ways Nicolas Cage has allocated his earnings throughout his career.
Nicolas Cage’s spending habits have been a topic of much debate. From acquiring bizarre items to supporting his lavish lifestyle, the actor’s expenditures have left many scratching their heads. Here are some of the most notable ways Nicolas Cage has spent his money:
1. Expensive Collectibles
Nicolas Cage has a penchant for collecting unique and odd items. His collection includes everything from a 19th-century shipwreck to a 10-foot-high mechanical rabbit. In 2012, he purchased the ship, the Ebell, for a reported $600,000. Despite its condition, Cage saw potential in the relic, hoping to restore it and turn it into a museum.
2. Luxury Cars
Cage has a reputation for his love of cars. Over the years, he has accumulated a collection of luxury vehicles, including a Bugatti Veyron, a Rolls-Royce Phantom, and a Koenigsegg Agera. These high-end cars have not only been a status symbol but also a source of enjoyment for the actor.
3. Real Estate
Nicolas Cage has been known to invest in real estate properties. He once bought a mansion in Beverley Hills for $9.5 million, which he later sold for $15.5 million. Additionally, he has purchased and sold numerous other properties, some of which have been reported to be in need of significant repairs.
4. High-End Restaurants
Cage has been seen dining at some of the most expensive restaurants in the world. His love for fine dining has not only cost him a fortune but has also been a source of controversy, as he has been accused of being a bad tipper.
5. Charity and Donations
Despite his lavish spending, Nicolas Cage has also been involved in charitable endeavors. He has donated to various causes, including the Red Cross, the Make-A-Wish Foundation, and the American Civil Liberties Union. Cage has also supported the arts by funding film projects and contributing to film festivals.
6. Financial Troubles
Unfortunately, Nicolas Cage’s spending habits have led to significant financial troubles. He has been involved in numerous lawsuits over unpaid debts and has faced criticism for his fiscal decisions. In 2015, he filed for bankruptcy, citing $13.8 million in debt.
In conclusion, Nicolas Cage’s spending habits have been a mix of extravagance and charity. While he has been known for his bizarre purchases and lavish lifestyle, he has also made efforts to give back to society. As the enigmatic actor continues his career, it remains to be seen how he will manage his finances in the future.
