How Did Nicolas Cage Blow Through A $150 Million Dollar Fortune

I always liked Nick Cage as an actor. ‘Raising Arizona’ got me hooked, very funny movie. But how did this guy waste so much money?

One person who definitely knows what it feels like to owe a little bit of money to Uncle Sam is Nicolas Cage. Nick is unfortunately one of dozens of high profile celebrities who happen to be way better at acting or throwing a ball than they are at taking care of their personal finances. After years of extravagant over-spending, not only did Nicolas find himself owing the IRS $13 million, but he also managed to blow through a $100 million fortune. How, in the name of ZEUS’ BUTTHOLE, did this happen?

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I have to admit, Nicolas Cage is probably my favorite actor of all time. The Rock, Lord of War, Con Air, National Treasure, Raising Arizona, Leaving Las Vegas, Face/Off, Snake Eyes… I celebrate the man’s entire catalog. I realize that some of Nick’s movies can be perceived as slightly cheesy or even flat out bad, but you have to admit his movies are rarely dull. At the peak of his career, Nick was one of the highest paid celebrities in the world who pulled down as much as $40 million per year. Between 1996 and 2011 Nick earned more than $150 million from acting alone. He earned $16 million for Snake Eyes, $20 million for Gone in Sixty Seconds, $20 million for Windtalkers, $20 million for National Treasure… just to name a few.

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Nick Cage’s $1 Million Ferrari Enzo

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. During that time Cage made the following purchases:

15 Personal Homes: Cage’s property portfolio included an $8 million castle in England that he plunged millions more into remodeling. He never spent a single night in the castle. He also bought a second castle in Bavaria, two multi-million dollar mansions in New Orleans, a $17.5 million palace in Bel Air, a $10 million Malibu beach house, a 24,000 square foot home in Rhode Island, a mansion in Las Vegas and a getaway property on Paradise Island in the Bahamas.

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Bel Air mansion

A Private Island: Apparently having a house on Paradise Island didn’t fill Nick’s penchant for the Bahamas because in 2006 he spent $7 million on a 40 acre private island 85 miles south of Nassau.

Four Luxury Yachts: Cage at one time owned four luxury yachts including one called Sarita that had 12 master bedrooms that was valued at $20 million.

A Fleet of Exotic Cars: At its peak, Nick Cage’s garage contained dozens of high end luxury vehicles including nine Rolls Royces. He owned an extremely rare $500 thousand Lamborghini and a $1 million Ferrari Enzo, one of only 349 produced. Cage also owned 30 motorcycles.

A $30 Million Gulfstream Private Jet

Other: Nearly 50 expensive works of art, dozens of jewels, a 67 million year old dinosaur skull, two extremely rare albino King Cobras.

When you total everything up, it becomes pretty clear that Nick was living well beyond his means even for a guy who makes $40 million a year. To make matters worse, while he was spending money like there was no tomorrow, Nick wasn’t paying his taxes. By 2009, his unpaid tax bill and penalties totaled more than $13 million! Nick immediately began attempting to dump as many of his assets as possible, starting with the houses. It didn’t help that 2009 was quite possibly the worst time in the last 100 years to try and sell a house in a pinch.

The good news is that Nick is still a bankable Hollywood star. In 2013 alone Nick has starred in several big budget films. He also sold his prized Action Comics #1 for a record setting $2.16 million. Hopefully Nick can churn out a few decent movies, pay down his debts and move on with his life. Fortunately, agent Stanley Goodspeed loves pressure. He eats it for breakfast.

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Now worth around $40 million (as of September 2024), Cage is reportedly “taking [film] roles left and right” in order to pay off his remaining debts.

Superman vs. Muhammad Ali   

Superman vs. Muhammad Ali is an oversize comic book published by DC Comics in 1978. The 72-page book features Superman teaming up with the heavyweight boxing champion Muhammad Ali to defeat an alien invasion of Earth. It was based on an original story by Dennis O’Neil which was adapted by Neal Adams, with pencils by Adams, and figure inks by Dick Giordano with background inks by Terry Austin.

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Superman vs. Muhammad Ali was part of DC’s oversized series All-New Collectors’ Edition, officially numbered #C-56.

By the late 1970s, Superman had already been paired in the comics pages with real-life American icons like John F. Kennedy, Steve Allen, Bob Hope, Jerry Lewis, Allen Funt, Don Rickles, and Pat Boone. He had even previously gone up against a real-life athlete, professional wrestler Antonino Rocca.

The book suffered numerous delays, going from an original publication date of fall 1977 to spring 1978. By the time the book was published, Ali was no longer World Heavyweight Champion, having been dethroned by Leon Spinks in February 1978. (Ali won back the title later that year in September.)

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Plot summary

Rat’Lar, the maniacal leader of a species of aliens called the Scrubb, demands that Earth’s greatest champion fight the greatest Scrubb fighter. If Earth refuses, the Scrubb and their huge armada of spaceships will destroy it. Superman and Muhammad Ali each come forward to volunteer. However, Ali argues that Superman is not really of Earth, and has an unfair advantage in his many superpowers. In typical Ali-style verbiage, he puts himself forward as the obvious choice.

Intrigued, Rat’Lar decides that Superman and Ali should fight one another to see who really is Earth’s champion. To make the fight fair, he decrees that the match should take place on his home planet, Bodace, which orbits a red star (which temporarily robs Superman of his powers). The winner would simply be the best boxer. The two would-be champions decide that Ali will train Superman in the finer points of boxing. They journey to Superman’s Fortress of Solitude to have his powers temporarily deactivated.

The Superman vs. Muhammad Ali match is broadcast on intergalactic television to thousands of other worlds (with Superman’s pal Jimmy Olsen acting as broadcaster). With the match underway, it soon becomes apparent that in battling with more or less equal strength, Ali is the superior fighter. Superman takes a serious pummeling, but somehow refuses to fall down; he stays on his feet all through the beating. Finally, Ali stops the fight, urging the referee to call for a technical knockout. Superman then falls face-first on the canvas (making the knockout more than technical).

Now crowned Earth’s champion, Ali is set to face the Scrubb’s champion, the behemoth Hun’Ya. The alien leader then asks Ali to predict at what round the fight will end. (Ali was known for predicting the round in which he would knock out his opponent.) After some chiding, Ali predicts that he will knock the alien out in the fourth round (“He’ll hit the floor in four!”). Once the match begins, however, Ali quickly starts to suffer from fighting the super-powered Hun’Ya.

Meanwhile, Superman’s great recuperative powers have enabled him to make a speedy recovery. Disguising himself as Ali cornerman Bundini Brown, he steals into the Scrubb command ship and sabotages their space armada. In his showdown with the armada, however, Superman is again badly hurt, and is left drifting in space.

Miraculously, Ali gets a second wind. In the predicted fourth round, he not only knocks the alien champion out, but out of the ring as well. Yet after witnessing Superman’s decimation of his forces, the Scrubb leader cries foul and decides to invade the now helpless Earth anyway. Just as Rat’Lar is about to give the go-ahead to his backup forces, his own champion Hun’Ya becomes enraged at Rat’Lar’s dishonorable tactics and deposes him. There will be no invasion. Earth is saved.

Superman is rescued and once again revived. Hun-ya, the new Scrubb leader, makes peace with Ali, Superman, and all of Earth. The very end of the book shows Ali and Superman in a private moment. Ali reveals that he figured out Superman’s secret identity as Clark Kent, but implicitly vows to keep it secret. The book ends with the two champions embracing and Ali proclaiming, “Superman, WE are the greatest!”

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World heavyweight champion Muhammad Ali, right, is shown at a press conference in New York, January 31, 1978, with promoter Don King, left, and Herbert Muhammad, center, to plug a comic book in which he beats Superman.  Ali holds a copy of the comic book.  (AP Photo/Marty Lederhandler)

World heavyweight champion Muhammad Ali, right, is shown at a press conference in New York, January 31, 1978, with promoter Don King, left, and Herbert Muhammad, center, to plug a comic book in which he beats Superman. Ali holds a copy of the comic book. (AP Photo/Marty Lederhandler)

Superman vs. Muhammad Ali’s wraparound cover shows a host of late 1970s celebrities, including Frank Sinatra, Lucille Ball, Tony Orlando, Johnny Carson, the cast of Welcome Back, Kotter, and The Jackson 5; sharing close-up seating with Wonder Woman, Batman, Green Lantern, and other DC superheroes; as well as Warner and DC employees.

Joe Kubert was originally asked to draw the cover, and his version (a black-and-white sketch of which still survives) did not feature any celebrities, but just a “normal” raucous crowd of boxing fans. DC did not approve of Kubert’s likeness of Ali, however, nor the overall grim feeling of the piece, and asked Adams to draw the book instead. Adams’ original cover illustration (modeled very closely on Kubert’s layout), included Mick Jagger in the front cover’s lower left corner; he was replaced in the final version by fight promoter Don King.

In 2000, Adams did a riff on this cover — featuring Ali fighting basketball star Michael Jordan — for a special issue of ESPN The Magazine.

On July 16, 2016, NECA announced the release of a 2-pack set of 7-inch action figures based on Muhammad Ali and Superman as they appeared in the comic. NECA also noted that Superman would include removable boxing gloves and another set of interchangeable hands.

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People in the crowd (selected)

“Show-biz personalities”The Beatles (with Yoko Ono and Linda McCartney)Kirk AlynLucille BallSonny BonoJohnny CarsonCherDick ClarkWilliam ConradPhyllis DillerThe Jackson 5Jerry GarciaJames GarnerRobert HegyesRon HowardJack LarsonNoel NeillTony OrlandoDonny OsmondMarie OsmondChristopher Reeve (in glasses)Wayne RogersFrank SinatraRaquel WelchWolfman JackPeter Falk (as Columbo)Andy WarholWoody AllenJohn Wayne (with a mustache)Orson WellesWally WoodPolitical figuresPresident Gerald FordPresident Jimmy CarterBetty FordRosalynn CarterSports figuresPeléDon KingJoe NamathLiterature and the artsKurt Vonnegut
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Those so very wacky 1970’s!

Jerry Springer R.I.P.

Gerald Norman Springer (February 13, 1944 – April 27, 2023) was an American broadcaster, journalist, actor, producer, lawyer, and politician. Born in London, England, during World War II to refugees escaping the Holocaust, Springer was raised in Queens, New York City.

Jerry Springer (talk show) debuted on September 30, 1991. It started as a politically oriented talk show, a longer version of Springer’s commentaries. Guests included Oliver North and Jesse Jackson, and topics included homelessness and gun politics.

In early 1994, Springer and his new producer, Richard Dominick, revamped the show’s format in order to garner higher ratings. The show became more successful as it became targeted toward tabloidish sensationalism. Guests were everyday people confronted on a television stage by a spouse or family member’s adultery, homosexuality, transsexuality, prostitution, transvestism, hate group membership, or other controversial situations. These confrontations were often promoted by scripted shouting or violence on stage. The show received substantial ratings and much attention. By 1998, it was beating The Oprah Winfrey Show in many cities, and was reaching more than 6.7 million viewers.

Cindy Williams Gone

Cynthia Jane Williams (August 22, 1947 – January 25, 2023) was an American actress and producer, known for her role as Shirley Feeney on the television sitcoms Happy Days (1975–1979), and Laverne & Shirley (1976–1982). She also appeared in American Graffiti (1973) and The Conversation (1974).

Early life
Williams was born in the Van Nuys district of Los Angeles, California, on August 22, 1947. She was Italian on her mother’s side, Francesca Bellini. The family moved to Dallas, Texas when she was a year old and returned to Los Angeles when she was ten years old. She had one sibling, a sister named Carol Ann.

Williams wrote and acted during childhood at a church and later acted at Birmingham High School, graduating in 1965. She attended Los Angeles City College where she majored in theater .