Pamela Sitt November 3, 2009
How does the star of National Treasure wind up broke and mad about it?
Actor Nicolas Cage is $6 million in debt and blaming his longtime business manager, saying he mismanaged Cage’s money, resulting in his financial ruin. No word on who he’s blaming for his terrible movie role choices, but anyway.
Cage has sued Samuel J. Levin, whom he had hired in 2001 to oversee his investments and finances. He’s also started selling off many of his properties, including a Bavarian Castle (?!). Other homes he owns have gone into foreclosure.
Cage owes $6 million in back taxes from 2007. He also owes another $2 million on a bank loan.
Here’s the good news: Cage will return to movie screens this fall in Bad Lieutenant: Port of Call New Orleans. But is that really good news?
Categories: TVTags: Nicolas cage