Since his divorce proceedings began in 2016, Nicolas Cage’s net worth has significantly decreased. He had a net worth of approximately $60 million at the time of his divorce and the settlement he had to pay reduced his net worth to an estimated $25 million. His wife received a substantial sum of money in the divorce and this, coupled with his other debt obligations, caused his net worth to plummet. Cage had reportedly accumulated a large amount of debt prior to the divorce. He was said to have spent lavishly on cars, boats, and homes, and also invested in real estate projects that never materialized biooverview. This, coupled with his divorce settlement, caused a major dent in his finances. In addition, his legal fees related to the divorce and an IRS audit are said to have cost him millions. It is reported that Cage was hit with a tax bill of nearly $14 million, starwikibio which further reduced his net worth. In recent years, Cage has reportedly been trying to rebuild his net worth by taking on more acting roles and investing in real estate projects. He has been praised for his return to acting and has had a successful run of movies over the past few years. It is reported that his net worth is now estimated to be around $30 million, which is still significantly lower than it was prior to his divorce koiusa.
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