Although he is remembered for very important roles throughout his career, he had to suffer to recover after a sudden fall.
Nicolas Cage suffered and was on the verge of declaring bankruptcy but recovered.
Nicolas Kim Coppola is known internationally as Nicolas Cage. Remembered, among other films, for Mortal Kombat and awarded with an Oscar, a Golden Globe and a Screen Actors Guild Award, in addition to countless nominations, he confessed that throughout his career he had to accept embarrassing roles to be able to cope with his debts after losing everything.
During the beginning of his career, He starred in a series of films that catapulted him to fame in the 1980s. He also directed the film Sonny in 2002, for which he was nominated for the Special Grand Prize at the Deauville Film Festival. However, despite having earned millions of dollars, apparently He did not know how to manage his money well and declared bankruptcy.
Nicolas Cage
Between 1997 and 1998 he reached number 40 on Empire magazine’s list of the 100 greatest movie stars of all time, and number 37 among the 100 most powerful people in Hollywood Premiere. Thus he became one of the highest paid actors.
Why Nicolas Cage was bankrupt
Despite blaming his accounting manager, it is true that Nicolas Cage was used to fulfilling his every expensive whim. He had 2 castles, 15 houses, a fleet of yachts, some rolls royces and his own island in the Bahamas. As if that were not enough, and to be more eccentric, it was owner of two albino cobras worth 270 thousand dollars and an octopus worth 150 thousand.
This is how, little by little, he lost his fortune. His bank accounts quickly went from 150 million to 25 million. In addition, the taxes on all his properties came to cost around 14 million, and not satisfied with his possessions, he decided to buy a mansion known as LaLaurie in New Orleans, almost 4 million. million dollars.
By 2014, in addition to squandering his assets, he had a debt of 6.3 million dollars, which is why people close to him recommended he declare bankruptcy. To avoid that, he came to accept almost any role that was put in front of him. Only in 2021 did he finish paying off all of his debts and was able to become interested again in more important and serious roles, although he says that he does not regret anything, because that helped him overcome the difficult situation he went through.
Nicolas Cage and his confession about “bad movies”
Despite finding himself in that vulnerable situation, he recognized that not everything he accepted was only for money, but at the same time he believed in the films he was accepting and although some turned out well and others did not, there was always something else that attracted him. to be part of the productions regardless of money. He always had faith that they would come to fruition.
Source: Ambito
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