Guilty About Pre-Recession Spending? Nick Cage Can Help.

Poor Nick Cage, first he was going to have to sell one of his castles to raise money to solve problems (he alleges in a lawsuit were) caused by his business manager. Now the manager is countersuing Cage, citing the list below as evidence of Cage’s reckless spending behavior. Useful perspective for anyone slogging through this recession and lamenting those over-the-top Vegas trips during the boom years.

By July 2008, Levin claims, Cage owned:

15 palatial homes around the world

4 yachts (one for the following locations: Caribbean, Mediterranean, Newport Beach and Rhode Island)

1 island in the Bahamas

1 Gulfstream jet

Millions in jewelry and art

Levin claims he “implored” the actor to stop buying property and spending, but he “rejected this advice and continued his compulsive spending.

Levin claims the actor then bought more including

3 more homes worth more than $33,000,000

22 automobiles (including 9 Rolls Royces)

12 expensive jewelry pieces

47 artwork and exotic item purchases.

Levin claims as time went on, his advice was ignored and “rebuked.”

“The pinnacle of [Cage’s] spending spree came with his quixotic acquisition of Midford Castle in England and Schloss Neidstein Castle in Bavaria,” Levin claims in the cross complaint.