Nicolas Cage: ~ $25 Million
National Treasure star Nicolas Cage has been entertaining us with his movies and off-screen antics for many decades now, but if there is one financial lesson we can learn from Nic Cage, it’s that one should pay their income taxes on time and always be prudent with savings!
A series of eccentric purchases (15 homes including islands and castles, a yacht, dinosaur skull, vintage comics, an octopus, 9 Rolls Royces) and owing the IRS $6.3 million brought down his $150 million fortune to just $25 million and his properties were foreclosed. Cage then filed a $20 million lawsuit against his financial manager saying that it was all his fault!