Life + Money

Life + Money

Tax Troubles of the Rich and Famous

Nicolas Cage

Money owed: $13 million

Prison sentence: none

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Say what you want about Nicolas Cage’s transformation from Academy-Award winning actor to the wizard in The Sorcerer’s Apprentice, but the man’s a money machine. The estimated worldwide gross from his movies is $2.1 billion and he made $40 million in $13 million) it seems hard to believe. But it turns out there is a way to spend every dime of your money, no matter the number of dimes. Cage had 15 houses, four yachts and a Gulfstream jet. The actor lost his home in Bel Air to the bank last year and the IRS auctioned off a few more. But have no fear, Cage is scheduled to star in seven movies over the next two years.

Photo: Getty Images