Nicolas Cage’s Net Worth 2024: Inside the Actor’s Incredible Wealth

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Nicolas Cage's Net Worth

Nicolas Cage Net Worth 2024

$40 Million

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Here’s a table summarizing Nicolas Cage’s net worth in 2024 and an overview of his biography:

CategoryDetails
Net Worth (2024)$40 million
Full NameNicolas Kim Coppola
Date of BirthJanuary 7, 1964
Place of BirthLong Beach, California, USA
ProfessionActor, Film Producer, Director
Famous RelativesFrancis Ford Coppola (uncle), Talia Shire (aunt)
EducationBeverly Hills High School, UCLA School of Theater, Film and Television
First Acting RoleFast Times at Ridgemont High (1982)
Breakout RoleMoonstruck (1986)
Oscar WinLeaving Las Vegas (1995)
Notable FilmsCon Air, Face/Off, National Treasure, Adaptation, Ghost Rider
Recent FilmsPig (2021), The Unbearable Weight of Massive Talent (2022), Renfield (2023)
Financial ChallengesFaced significant debt due to real estate investments and tax issues
ComebackCareer resurgence with acclaimed roles in the late 2010s and early 2020s

Nicolas Cage’s Net Worth in 2024

Nicolas Cage, a well-known American actor, currently has an estimated net worth of $40 million. At his peak, Cage’s wealth exceeded $100 million, having accumulated over $200 million from movie salaries alone between 1980 and 2010.

However, his lavish spending habits have become legendary. Despite being one of Hollywood’s top-earning stars, Cage faced significant financial challenges due to unpaid taxes and poor real estate investments.

These missteps forced him to sell some of his most valuable possessions, including his Ferrari Enzo and a highly sought-after copy of “Action Comics #1″—one of the most prized comic books in history—which fetched an astounding $2.16 million at auction. His extravagant financial choices spanned several years, and we’ll explore this in greater detail later in the article.

Early Life

Nicolas Cage, originally named Nicolas Kim Coppola, was born on January 7, 1964, in Long Beach, California. His father, August Coppola, was a literature professor, while his mother, Joy Vogelsang, worked as a dancer and choreographer. Sadly, August passed away in 2009 due to a heart attack. Cage grew up with two brothers and attended both Beverly Hills High School and UCLA’s School of Theatre.

Coming from a renowned family in the entertainment industry, Cage is the nephew of famed director Francis Ford Coppola and actress Talia Shire. He also shares familial ties with directors Sofia Coppola and Roman Coppola, as well as actor Jason Schwartzman. To create his own path and distance himself from his famous lineage, Cage adopted his stage name, drawing inspiration from the Marvel superhero Luke Cage.

Nicolas Cage's Net Worth
Nicolas Cage’s Net Worth (Photo Credit: Celebrity Net Worth)

Acting Career

Nicolas Cage made his film debut in 1982 with Fast Times at Ridgemont High, and from then on, he maintained a steady acting career throughout the 1980s and early 1990s. During this time, he starred in well-known films like 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. With over 70 films to his name, Cage has become one of Hollywood’s most prolific actors. His second-highest-grossing movie to date is 2004’s National Treasure.

While his action films were often major box office hits, many of his lesser-known movies struggled to perform as well. For example, his 2006 remake of The Wicker Man was a financial disappointment, failing to recoup its $40 million budget and receiving mostly negative reviews.

In 2007, Cage briefly considered taking the lead role in Darren Aronofsky’s The Wrestler but ultimately stepped aside. The role went to Mickey Rourke, who earned an Academy Award nomination for his performance.

In 2009, Cage starred in Bad Lieutenant: Port of Call New Orleans, directed by Werner Herzog, which was praised by critics, with Cage’s performance receiving significant acclaim. He found box office success again in 2012 with Ghost Rider: Spirit of Vengeance, which grossed $585 million. However, his next film, Joe, did not fare well commercially.

In 2018, Cage starred in Mandy, an action thriller produced by Elijah Wood. The film was critically lauded, and there was even a push for Cage to receive an Oscar nomination, though it was ultimately disqualified due to its late release. Cage continued to take on diverse roles, playing the lead in Richard Stanley’s Color Out of Space in 2018, Stanley’s first film in over two decades.

More recently, Cage appeared in Pig (2021), The Unbearable Weight of Massive Talent (2022), and Renfield (2023). In 2023, he also made a cameo appearance as an alternate version of Superman in The Flash.

Financial Problems and Recovery

Between 1996 and 2011, Nicolas Cage earned over $150 million from his acting roles. He secured massive paychecks, including $16 million for Snake Eyes, $20 million for Gone in Sixty Seconds, $20 million for Windtalkers, and another $20 million for National Treasure. However, as his earnings soared, so did his extravagant spending. In fact, Cage’s expenditures skyrocketed between 2000 and 2007, with purchases that rivaled the wealthiest individuals.

During this period, Cage acquired 15 homes, including two castles, and splurged on a $7 million private island in the Bahamas. His collection of luxury items extended to four yachts, a fleet of exotic cars, a $30 million private jet, an extensive art collection, jewels, and even a 67-million-year-old dinosaur skull.

In 2009, Cage’s financial troubles came to a head when the IRS filed a federal tax lien on one of his properties in New Orleans, citing unpaid federal income taxes of more than $6.2 million. Cage responded by suing his business manager for $20 million, accusing him of negligence and fraud. By 2022, Cage announced that he had finally settled his debts and planned to be more selective in his future film roles, after previously taking on nearly any project to regain financial stability.

Other Ventures

Nicolas Cage made his directorial debut with the 2002 film Sonny. He has also produced notable projects, including Shadow of the Vampire and The Dresden Files.

In addition to acting, Cage has lent his voice to animated films such as Teen Titans Go! To the Movies and Spider-Man: Into the Spider-Verse. He served as the narrator for the 2019 documentary Love, Antosha, created by Viktor and Irina Yelchin in memory of their late son, Anton Yelchin.

A passionate comic book enthusiast, Cage auctioned off a collection of 400 vintage comics in 2002 for over $1.6 million. In 2007, he collaborated with his son Weston to create a comic book titled Voodoo Child. Cage is also a collector of works by underground comic artist Robert Williams.

In July 2023, Cage made his video game debut, appearing as himself in the popular game Dead by Daylight.

Accolades

Nicolas Cage received the Academy Award for Best Actor for his remarkable performance in the 1996 film Leaving Las Vegas, a role that also earned him a Golden Globe. He received another Academy Award nomination for his portrayal of screenwriter Charlie Kaufman in the 2002 film Adaptation. Throughout his career, Cage has been recognized with numerous nominations, including Screen Actors Guild Awards and BAFTA Awards.

In addition to his Oscar win, Cage was honored with the Toronto Film Critics Association Award for Best Actor for Adaptation. His performance in Color Out of Space (2018) garnered him the Creative Coalition Spotlight Initiative Award at the Toronto International Film Festival. In 1998, he was celebrated with a star on the Hollywood Walk of Fame. Furthermore, in 2001, California State University awarded him an honorary doctorate in fine arts, during which he spoke at the graduation ceremony.

Philanthropy

Nicolas Cage is known for his generosity as a Hollywood star. He donated $2 million to Amnesty International to support rehabilitation shelters and provide medical and mental care for children forced to fight in conflicts worldwide. Following Hurricane Katrina, he contributed $1 million to assist the victims of the disaster.

Cage also supports ArtWorks, an organization dedicated to raising awareness about fundamental workers’ rights. For his philanthropic efforts, he received the Humanitarian Award from the United Nations, recognizing his significant contributions to various charitable causes.

Personal Life

Nicolas Cage has had a colorful romantic life. He dated actress Christina Fulton for several years, and they welcomed a son named Weston in 1990. Cage has been married five times, starting with actress Patricia Arquette, whom he married in 1995 and divorced in 2001.

He then married Lisa Marie Presley on August 10, 2002, but the marriage lasted only 107 days before they divorced. In July 2004, Cage married Alice Kim in California, and they had a son, Kal-El, in 2005. Their marriage ended in late 2016.

In March 2019, Cage married Erika Koike, but they filed for an annulment just four days later. Their divorce was finalized in June 2019. Finally, in February 2021, Cage married Riko Shibata, and the couple welcomed a daughter named August in September 2022.

Real Estate

Nicolas Cage has had a colorful romantic life. He dated actress Christina Fulton for several years, and they welcomed a son named Weston in 1990. Cage has been married five times, starting with actress Patricia Arquette, whom he married in 1995 and divorced in 2001.

He then married Lisa Marie Presley on August 10, 2002, but the marriage lasted only 107 days before they divorced. In July 2004, Cage married Alice Kim in California, and they had a son, Kal-El, in 2005. Their marriage ended in late 2016.

In March 2019, Cage married Erika Koike, but they filed for an annulment just four days later. Their divorce was finalized in June 2019. Finally, in February 2021, Cage married Riko Shibata, and the couple welcomed a daughter named August in September 2022.

Major Sources: Wikipedia, Celebrity Net Worth, Parade

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