Nicolas Cage’s Net Worth 2023

The net worth of Nicolas Cage is estimated to be $25 million as of April 2023.

Nicolas Cage is a highly acclaimed American actor and film producer who comes from the renowned Coppola family. He has achieved great success throughout his career, including receiving prestigious awards such as an Academy Award, a Screen Actors Guild Award, and a Golden Globe Award.

In addition to his acting prowess, Cage is also a talented producer and the owner of Saturn Films, a production company that has produced a number of critically acclaimed films like "Shadow of the Vampire" (2000) and "The Life of David Gale" (2003). He even tried his hand at directing, earning a nomination for the Grand Special Prize at the Deauville Film Festival for his work on "Sonny" (2002).

Cage's talent and hard work have earned him recognition in the entertainment industry, as evidenced by his ranking on Empire magazine's Top 100 Movie Stars of All Time list at No. 40 in 2007 and Premiere's 100 Most Powerful People in Hollywood list at No. 37 in 2008.

Personal Information

Net Worth (2023)

The estimated net worth of Nicolas Cage is $25 million as of April 2023. At one point, Nicolas Cage was worth well over $100 million, thanks to his impressive earnings of at least $200 million from movie salaries alone. However, despite being one of the highest-paid actors in Hollywood, Cage's lavish spending habits have become somewhat legendary.

Unfortunately, Cage found himself in dire financial straits due to a combination of failure to pay taxes and some ill-advised real estate investments. To make matters worse, he had to sell off some of his most prized possessions, including his beloved Ferrari Enzo and even his copy of Action Comics #1 - one of the rarest and most valuable comic books in the world.

Despite the pain of parting with such treasured items, Cage managed to sell his copy of Action Comics #1 at auction for an incredible $2.16 million.

Sources of Income

Nicolas Cage's acting career is his main source of income. From 1996 to 2011 alone, Cage earned an incredible $150 million from his acting salaries. He commanded massive paychecks for films such as "Snake Eyes," "Gone in Sixty Seconds," "Windtalkers," and "National Treasure," each earning him a cool $20 million.

Cage got his start in the film industry with a role in "Fast Times at Ridgemont High" in 1982, and he worked steadily throughout the '80s and early '90s, amassing over 70 film credits. Some of his most popular films during this time include "Valley Girl," "Raising Arizona," "Peggy Sue Got Married," "Honeymoon in Vegas," "Face/Off," "Con Air," "Gone in Sixty Seconds," "The Rock," and "The Family Man."

Cage's 2012 film "Ghost Rider: Spirit of Vengeance" was a box office success, grossing $585 million. However, his subsequent film, “Joe,” didn't fare as well. In 2018, he starred in the critically acclaimed action thriller "Mandy," which was produced by Elijah Wood. Although Wood intended to generate Oscar buzz for Cage's performance, the film was ultimately disqualified due to its late release.

Direction and Production

Nicolas Cage has dabbled in other areas of the entertainment industry besides acting. He directed his first movie, "Sonny," in 2002, and he has produced films such as "Shadow of the Vampire" and "The Dresden Files." However, it's not clear how much money he made from them.

Voice-acting

Cage has also lent his voice to animated movies such as "Teen Titans Go! to the Movies" and "Spider-Man: Into the Spider-Verse." Furthermore, he served as the narrator of "Love, Antosha," a 2019 documentary about Anton Yelchin made by Viktor and Irina Yelchin. Although his salary for voice-acting is unknown.

Comic Books

Cage is known to be a passionate collector of comic books and has a particular interest in underground comic artist Robert Williams. In 2002, he auctioned off a collection of 400 vintage comics for over $1.6 million. Additionally, he collaborated with his son Weston to create their comic book called "Voodoo Child" in 2007.

Expenditure

As his earnings grew, so did Nicolas Cage's extravagant spending habits. From 2000 to 2007, he went on a shopping spree that destroyed his net worth and financial standing. However, according to recent reports, his financial downfall was not the result of an extravagant lifestyle but of a real estate crash that left him with millions of dollars in debt, along with the IRS issue. However, his way of life is unquestionably a factor.

The list of his purchases during this period included 15 luxurious homes, two castles, a private island worth $7 million in the Bahamas, a private jet worth $30 million, a lot of exotic cars, four yachts, numerous works of art and jewelry, and even a 67 million-year-old dinosaur skull.

In 2009, the Internal Revenue Service (IRS) filed a tax lien on one of his properties in New Orleans for allegedly not paying over $6.2 million in federal income taxes. Cage responded by filing a $20 million lawsuit against his business manager, accusing him of negligence and fraud. Finally, after 13 years, Cage reportedly paid off his debt in 2022.

Car Collection

After Nicolas Cage faced financial difficulties, he had to make some changes to his beloved car collection. He decided to part ways with many of his vehicles, including the rare and exotic Ferrari Enzo, which he had purchased for $3 million but had to sell for an undisclosed amount.

These are the cars that Nicolas Cage still has as of April 2023, according to available information. The list includes a 2007 Ferrari 599 GTB Fiorano valued at $600,000, a 1958 Ferrari 250 GT Series 1 Pinin Farina Cabriolet worth $7.4 million, and a 1959 Ferrari 250 GT LWB California Spyder worth $1.8 million.

Also in his collection are a 1965 Lamborghini 350 GT worth $726,000 and a 2001 Lamborghini Diablo VT valued at $274,900. Cage also owns a 1971 Lamborghini Miura P400 SV/J worth $1.7 million, a 1967 Shelby GT500 (Eleanor) worth $300,000, a 1938 Bugatti Type 57C Atalante worth $1.2 million, a 1935 Rolls-Royce Phantom II also valued at $1.2 million, and at last, a 1975 Triumph Spitfire Mark IV.

Philanthropy

Nicolas Cage has a big heart when it comes to giving to those in need. He reportedly donated a whopping $2 million to Amnesty International, which goes towards helping children who are forced to fight in conflicts around the world by providing them with rehabilitation shelters and medical and mental care.

In the aftermath of Hurricane Katrina, Cage donated one million dollars to help those affected by the disaster. He's also a supporter of ArtWorks, an organization that aims to raise awareness of fundamental rights at work. For his charitable acts, Cage was even awarded the Humanitarian Award by the United Nations.

Real Estate Assets

In the heights of San Francisco, a historic Gothic Tudor estate that was once owned by actor Nicolas Cage is back on the market for $10.95 million. Cage originally purchased the 6,305-square-foot property in 2007, reportedly paying $9.4 million for it in 2006. However, he later sold it at a loss in July 2008 for $7.7 million.

During the early 2000s, Cage had invested millions of dollars into real estate holdings. In addition to the San Francisco property, he also purchased an island in the Bahamas, a manor in Rhode Island, castles in Germany, and the infamous LaLaurie mansion in New Orleans in 2006.

In 2007, he also bought Midford Castle in Somerset, England. However, shortly after selling his German castle, Cage put several of his homes, including those in Rhode Island, Louisiana, Nevada, and California, as well as the $7 million island in the Bahamas, on the market.

Currently, Cage resides with his wife and 7-year-old son, and they are said to be living a simple life away from the paparazzi. It may come as a surprise that Nicolas Cage, who was once known for his lavish lifestyle, is now leading an ordinary life in Las Vegas.