How Nicolas Cage Blew $125 Million On Castles, Deserted Islands, A Pet Octopus And A Dinosaur Skull

Nicolas Cage


We’ve already gotten an insight into the insane spending habits of Johnny Depp that including paying $3 million to blast author Hunter S. Thompson’s ashes out of a cannon over Aspen. Now we get an inside look as to the ridiculously extravagant lifestyle of fellow Hollywood actor Nicolas Cage. The National Treasure star spends money like he just discovered a hidden copy of the Declaration of Independence. Cage was once a big-time Hollywood star and snagged top money paydays for his movies. Nicolas must have assumed those A-list days would last forever because his spending habits are absolutely outrageous.

In his heyday, Nick Cage was worth over $150 million. However, because of his lavish and sometimes irresponsible lifestyle, the eccentric actor has only a net worth of $25 million as of last March. His lack of funds can be attributed to several questionable purchases that included numerous houses, castles, a deserted island, a pet octopus, and a dinosaur skull.

According to CNBC, Cage squandered away much of his riches on wasteful luxuries and ill-advised investments. The movie star’s spending habits became so toxic that he faced foreclosure on several of his properties and owed the IRS $6.3 million in property taxes. At one point, Cage owned 15 different properties, including a $25 million waterfront home in Newport Beach, California, a $15.7 million countryside estate in Newport, Rhode Island, an $8.5 million residence in Las Vegas, a $3.4 million haunted mansion in New Orleans, two castles worth over $12 million in Europe, and a deserted island in the Bahamas worth $3 million.

Those property investments were tame in comparison to his other bizarre purchases that include a strange 9-foot-tall pyramid-shaped mausoleum at the famed St. Louis Cemetery in New Orleans that is inscribed with the Latin phrase “Omni Ab Uno,” which translates to “Everything From One.” Cage also purchased shrunken pygmy heads, a Gulfstream jet, $150,000 for the first Superman comic from 1938, $450,000 on the Lamborghini confiscated from the Shah of Iran, $150,000 for a pet octopus, two albino king cobras, and a $276,000 7-million-year-old dinosaur skull that he outbid Leonardo DiCaprio for, but it later turned out to be stolen and had to be returned to the Mongolian government. At one point Cage owned around 50 cars and 18 motorcycles. If you ever get rich please don’t act like a complete idiot.