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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Nicolas Cage broke

Nicolas Cage broke stories: 5 news summaries
CELEB LAWSUITS


 Manager: I 
 Warned Nic 
 Not to Buy 
 That Castle... 

Broke Nicolas Cage countersued by business manager

Nov 19, 09 9:33 AM CST
(Newser) - The business manager Nicolas Cage is suing for fraud is suing the actor right back, claiming he warned Cage he would have to make $30 million a year to support his extravagant lifestyle. Samuel J. Levin’s suit also claims he cautioned the actor—who recently lost two New Orleans... More »

MORE ABOUT:
entertainment • bankruptcy • foreclosure • celebrity • lawsuit • spending • Nicolas Cage • business manager • Nicolas Cage broke • Nicolas cage foreclosure

How Nicolas Cage Really Went Broke

Actor 'spent money
like it was water,'
friends say

Nov 7, 09 3:46 PM CST
(Newser) - Nicolas Cage’s money woes aren’t all his money manager’s fault. Cage “lived like a sheik,” a friend tells the Daily Beast . “Spent money like it was water.” Here’s a sample of what he spent it on:
  • More than a dozen homes,
... More »

MORE ABOUT:
wealth • Germany • England • cobra • Bahamas • Lamborghini • rich • Nicolas Cage • Nicolas Cage broke

TIPS FOR THE MANSIONLESS


 What Broke 
 Celebs Can 
 Teach Us 

Don't make the same mistakes as Nicolas Cage and Annie Leibovitz

Nov 6, 09 9:38 AM CST
(Newser) - Celebrities really are just like us: During these financially stressful times, they’re suffering, too. On Huffington Post, Manisha Thakor points out the takeaway from four high-profile meltdowns.
  • NBA Player Antoine Walker: Squandered away his $110 million fortune by age 33. The lesson? If you have a variable
... More »

MORE ABOUT:
entertainment • debt • celebrity • recession • Antoine Walker • credit crisis • Annie Leibovitz • Nicolas Cage • Nicolas Cage broke

 Nicolas Cage 
 Selling Vegas 
 Mansion to 
 Cover Debt 

Actor owes IRS $6.6M, is suing former manager

Nov 3, 09 2:56 PM CST
(Newser) - Nicolas Cage must sell his $10 million Las Vegas mansion to help cover the $6.6 million he owes to the IRS in back taxes and penalties. The Nevada estate is just the latest property Cage has been forced to put up for sale to cover his mounting debt, and... More »

MORE ABOUT:
taxes • debt • Nicolas Cage • back taxes • Nicolas Cage broke




 Celebs Feel 
 Pinch of 
 Recession 

Jacko, LiLo among high-profilers with tight finances

Apr 9, 09 9:15 AM CDT
(Newser) - We already know the recession has hit celebs like Michael Jackson, forced to auction off his belongings and stage 50 concerts in London to earn cash. But what other stars are feeling the pinch? ABC News reports on a few:
  • Nicolas Cage sold one—yes, just one—of his
... More »

MORE ABOUT:
Lindsay Lohan • celebrity • recession • Michael Jackson • Nicolas Cage • Ruben Studdard • Jodi Sweetin • Nicolas Cage broke

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