Nicolas Cage Sells La House

Nicolas Cage has reportedly sold his Los Angeles mansion.

The 'National Treasure' actor, who owes $6 million in unpaid taxes, has sold the Bel Air property for an amount estimated to be between $9.5 and $15 million.

Cage, 45, originally asked for $35 million for the house, which he bought for almost $6.5 million in 1998.

Cage has lost a significant amount on the property market. His 11th-century Bavarian castle sold for $2.5 million, almost $150,000 less than he paid for it.

His $7.85 million Somerset castle is on the market for $5.8 million. And his $6.2 million Bath Regency townhouse, bought in 2007, was sold in March for $5.8 million.

The actor, whom Forbes estimates earned $40 million between June 2008 and June 2009, is also being sued for almost $2 million over missed credit payments.

Last week, Cage filed a lawsuit against his former business manager. The actor is suing Samuel Levin and his firm for $20 million, alleging that Levin put him in a "precarious" financial situation by making bad investments.

Cage claims Levin gave him bad advice, failed to pay taxes when they were due and claimed vast fees.


Contactmusic

Tags: Nicolas Cage


Editors Recommendations

No, AC/DC Are Not Splitting Up After All. Probably.

It looks like AC/DC fans can breathe a sigh of relief, because rumors of the band’s...

No, AC/DC Are Not Splitting Up After All. Probably.

Allergic Reaction To Blame For Miley Cyrus' Cancelled Tuesday Gig

Miley Cyrus has had it rough this week, as the star has been hospitalized for a severe allergic...

Allergic Reaction To Blame For Miley Cyrus' Cancelled Tuesday Gig

'Transcendence': Negative Reviews For Johnny Depp's 'Lone Ranger' Comeback

‘Transcendence’ is a stern Springtime test for Johnny Depp; the 50-year-old actor mooted...

'Transcendence': Negative Reviews For Johnny Depp's 'Lone Ranger' Comeback

Paul Walker's Brothers Brought In By Universal To Complete Late Actor's "Fast & Furious 7" Scenes

The team behind Fast & Furious 7 has come up with a untraditional solution to finish...

Paul Walker's Brothers Brought In By Universal To Complete Late Actor's

Game of Thrones' Jack Gleeson On Joffrey, Screen Deaths And His Indefinite Retirement

Let’s get the spoiler alert out of the way first: if you haven’t seen Season 4 Episode 2...

Game of Thrones' Jack Gleeson On Joffrey, Screen Deaths And His Indefinite Retirement

Why Did Nobody Watch The 'Mad Men' Season 7 Premiere?

We're not sure what everyone was watching on Sunday night, but the season seven premiere...

Why Did Nobody Watch The 'Mad Men' Season 7 Premiere?

The Next 'Breaking Bad'? 'Fargo' Ep. 1 Is A Must-See [Video]

New television series Fargo premiered last night on FX, giving American audiences...

The Next 'Breaking Bad'? 'Fargo' Ep. 1 Is A Must-See [Video]

Lindsay Lohan's Mother, Dina, Loses Driving Licence After Pleading Guilty To DUI

A member of the Lohan family has ran into trouble with the law, yet again...

Lindsay Lohan's Mother, Dina, Loses Driving Licence After Pleading Guilty To DUI

The First 'Gone Girl' Trailer is Weird And Different To Other Trailers

“I did not kill my wife!” exclaims Ben Affleck in the first official trailer for David Fincher’s...

The First 'Gone Girl' Trailer is Weird And Different To Other Trailers


More recommendations

Comments

Nicolas Cage Newsletter

Subscribe to this news alert service to receive news and reviews on Nicolas Cage

Unsubscribe | Unsubscribe All