Nicolas Cage has made millions of dollars over the years starring in cinematic masterpieces like Ghost Rider and The Wicker Man. Nevertheless, as we speak, Nicolas Cage finds himself facing bankruptcy and a possible ass-whupping by the IRS.And how exactly does one of the most successful movie stars in the world end up in such dire straits? It's simple. He hired someone else to watch his money, then didn't watch the guy he hired to watch his money.
The guy, business advisor Samuel Levin, is now being sued by Cage for "[lining] his pockets with several million dollars in business management fees while sending Cage down a path toward financial ruin."
"Financial ruin" in this case means a reported $20 million in losses, including $6 million owed to the IRS and $5 million in mortgage debt. He needs to get on the horn with the tax relief specialists, stat.
Actually, Cage has already begun the process of trying to restore his financial standing. He has sold off assets including his comic book collection and Bavarian castle.
Imagine, a man with a $2 million comic book collection and his own personal Bavarian castle being irresponsible with money.
Sadly, Nic Cage has no one to blame for this but himself. Nic Cage wanted to live a life free from responsibility and care. Nic Cage wanted to blow bucks on silly things and not worry about all that messy financial reality. Nic Cage wanted to read his comic books, have his friends over to his Bavarian castle, marry Elvis's daughter and basically stay 14 forever.
And - surprise, surprise - some unscrupulous person came along, realized what an easy mark the devil-may-care Nic Cage would be, and took him for all he could get.
Let this be a warning to all you big-shot movie stars who don't want to deal with all that irritating paper work and legal stuff: there are people who will pretend to want to help you, but they actually want to screw you. Yes, it's true - sometimes when people flatter you and kiss your ass, they are only trying to get in with you so they can rip you off. They don't actually mean all the compliments.
Poor Nic Cage. Poor dumb, self-involved bastard.
