Nicolas Cage Countersued By Business Manager
Posted by K.C. Morgan Categories: Movies, Legal Issues, Rumors, Where Are They Now?,
Movie star Nicolas Cage recently admitted to having some serious financial troubles, suing his business manager because of his missing funds. But the manager - Samuel Levin, CPA - has filed a countersuit against the actor.
Levin said that Cage “had already squandered tens of millions of dollars,” when he was hired, and that the National Treasure star owed “millions” in “income taxes, with no funds available to pay the tax debt.”
The countersuit claims that Levin told Cage he needed to make at least $30 million per year to continue living in his usual manner. Levin says that in 2007 alone, the actor purchased three homes for the sum of $33 million and twenty-two cars (nine of which were made by Rolls Royce), among other extravagant purchases.
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| TMZ
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Johnny Depp Returns a Favor to Nicolas Cage
Posted by K.C. Morgan Categories: Movies, Charity, Rumors,
This is actually a great Hollywood story, but only if you can stop asking “really?” in regard to Nicolas Cage’s financial situation. There’s a lot of gossip surrounding the issue. Cage alleges that his business manager failed to do his job, resulting in the actor owing six million to the IRS (ouch, right?). However, different gossip points to Cage’s spending habits. The man owns two islands and almost as many cars as Jay Leno, people.
But, sure, if you extract all that it’s a pretty good story. A-list actor Johnny Depp, who evidently is better at managing his money, has decided to extend a helping hand. One movie star to another, right? As it turns out, Depp sort of owes his fame to Nicolas Cage (who owes his to Coppola, but that’s a different story).
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