What Is Nicolas Cage's Net Worth?
Nicolas Cage is an American actor who has a net worth of $40 million. Nicolas Cage's net worth at one time was much higher, easily over $100 million, after earning at least $200 million from movie salaries alone between 1980 and roughly 2010. Nick's profligate spending is somewhat infamous today. Despite being one of the highest-paid stars in Hollywood, Cage got himself into some serious financial straits resulting from both his failure to pay his taxes and some bad real estate investments that left Cage in a position where he had to sell not only his Ferrari Enzo but other prized possessions as well. These possessions most famously included his copy of "Action Comics #1" (one of the most valuable comic books in existence), which he sold at auction for a record-breaking $2.16 million. We detail his years-long, impressively wild spending spree later in this article.
Early Life
Nicolas Cage was born Nicolas Kim Coppola on January 7, 1964, in Long Beach, California. His father, August Coppola, was a professor of literature, and his mother, Joy Vogelsang, was a dancer and choreographer. August passed away from a heart attack in 2009. Cage has two brothers and attended Beverly Hills High School and UCLA's School of Theatre. Through his father, Cage is the nephew of director Francis Ford Coppola and actress Talia Shire and the cousin of directors Sofia Coppola and Roman Coppola and actor Jason Schwartzman. To avoid the appearance of nepotism, Cage changed his last name, which was inspired by the Marvel Comics superhero Luke Cage.
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Acting Career
Cage landed his first film role in 1982's "Fast Times at Ridgemont High" and, from that time, he worked steadily throughout the '80s and early '90s in such popular films as "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," just to name a few of his more than 70 film credits to date. His second-highest-grossing film to date was 2004's "National Treasure." Despite his success in many of these big-budget action films, most of his lower-profile movies have been box office letdowns compared to his action/adventure mainstream flicks, which tend to be enormous successes. His 2006 remake of "Wicker Man" failed to make back its $40 million budget and opened to overwhelmingly negative reviews.
In 2007, Cage was spotted at a wrestling show researching for the lead role of Darren Aronofsky's "The Wrestler." However, he later dropped out of the running for the part. Mickey Rourke went on to receive an Academy Award nomination for his performance in the lead role. In 2009, Cage starred in "Bad Lieutenant: Port of Call New Orleans," directed by Werner Herzog. The film received universally positive reviews, and Cage was lauded for his lead role. He hit box office success in 2012 with "Ghost Rider: Spirit of Vengeance," which grossed $585 million. His next film, "Joe," was a box office flop. In 2018, Nicolas starred in the Elijah Wood-produced film "Mandy," an action thriller that received much critical praise. Wood intended to drum up Oscar support for Cage, but ultimately, the film was disqualified for a late-in-the-year release. Nicolas signed up to play the lead role in Richard Stanley's 2018 film "Color Out of Space," which was Stanley's first feature film since 1996.
Cage went on to star in 2021's Pig, 2022's The Unbearable Weight of Massive Talent, and 2023's Renfield. Also in 2023, he donned the cape of Superman in a cameo in "The Flash" as an alternate version of the superhero.
Financial Problems and Recovery
Between 1996 and 2011 alone, Nick earned more than $150 million from acting salaries. He earned $16 million for "Snake Eyes," $20 million for "Gone in Sixty Seconds," $20 million for "Windtalkers," and $20 million for "National Treasure," just to name a few. Not surprisingly, as his income went up, so did his spending habits. Actually, to be fair, as his income increased, Nick's spending habits SKYROCKETED. Between 2000 and 2007, Nick went on a spending spree that would make the Sultan of Brunei blush. His purchases included 15 personal homes (including TWO castles), a $7 million private island in the Bahamas, four luxury yachts, a fleet of exotic cars, a $30 million private jet, dozens of pieces of art, jewels, and a 67 million-year-old dinosaur skull.
In 2009, the IRS filed a federal tax lien on a property Cage owned in New Orleans. It was alleged that he had failed to pay over $6.2 million in federal income taxes. Nicolas subsequently filed a $20 million lawsuit against his business manager, accusing him of negligence and fraud. By 2022, Cage confirmed he had finally paid off his debts and intended to be more selective with film roles after accepting anything and everything in order to build up the money needed.
Other Ventures
Cage made his directorial debut with 2002's "Sonny." He has produced "Shadow of the Vampire" and "The Dresden Files."
Nicolas has done voice work for "Teen Titans Go! To the Movies," as well as "Spider-Man: Into the Spider-Verse." He was the narrator of the 2019 film "Love, Antosha," a documentary made by Viktor and Irina Yelchin about their late son Anton Yelchin.
An avid comic book fan, in 2002, Cage auctioned a collection of 400 vintage comics for over $1.6 million. He created a comic book with his son Weston called "Voodoo Child" in 2007. Nicolas collects works by underground comic artist Robert Williams.
Cage made his video game debut in July 2023 as himself in "Dead by Daylight."
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Accolades
Nicolas Cage won the Academy Award for Best Actor for his starring role in the film "Leaving Las Vegas" in 1996. He also won a Golden Globe for the role. He was nominated for an Academy Award for his portrayal of screenwriter Charlie Kaufman in 2002's "Adaptation." In addition, he has been nominated for Screen Actors Guild Awards, BAFTAs, and more.
Cage has also been honored with the Toronto Film Critics Association Award for Best Actor for "Adaptation." For his work in "Color Out of Space" (2018), Nicolas was awarded the Creative Coalition Spotlight Initiative Award at the Toronto International Film Festival. Cage was given a star on the Hollywood Walk of Fame in 1998. He was presented with an honorary doctorate in fine arts by California State University in 2001 and spoke at the graduation ceremony.
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Philanthropy
Cage is a very generous Hollywood star. He donated $2 million to Amnesty International for rehabilitation shelters and medical and mental care for children across the world who are forced to fight in conflicts. He donated $1 million to victims in the wake of Hurricane Katrina. He supports ArtWorks, which raises awareness of fundamental rights at work. Cage was awarded the Humanitarian Award from the United Nations for his charitable acts.
Personal Life
Cage dated actress Christina Fulton for several years, and the two had a son, Weston (b. 1990.) He has been married five times, first to actress Patricia Arquette from 1995 to 2001. Nicolas and Lisa Marie Presley were married on August 10, 2002, and divorced 107 days later. Cage married Alice Kim in California in July 2004. They had a son together, Kal-El, in 2005. They divorced in late 2016. In March 2019, Nicolas tied the knot yet again with Erika Koike, but they filed for an annulment just four days later. In June 2019, their divorce was finalized. In February 2021, Cage married Riko Shibata. The couple had a daughter, August, in September 2022.
Real Estate
In 2006, Nick paid $8.5 million for a 14,000-square-foot home in Las Vegas. After briefly trying to sell the home for a bit under $10 million, Nick lost the home to foreclosure. In 2021, Cage paid $2.85 million for a home in Las Vegas.
In August 2024, Nick paid $10.5 million for a home in Malibu. The 4,000-square-foot mansion sits directly on the beach. There are four bedrooms and six bathrooms spread over four levels, with floor-to-ceiling windows in most rooms and the best appliances available. Nick got the property for a relative bargain. It was originally listed in June 2022 for $18 million. It was then offered as a rental for as much as $50,000 per month before Nick scooped it up for $10.5 million.
