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November 22, 20255 min read

Nicolas Cage Spent $150 Million on Castles, Dinosaur Skulls, and a Haunted Mansion

Nicolas Cage made $150 million and spent it all—on a dinosaur skull, shrunken heads, two castles, and a haunted house. His spending spree is legendary and insane.

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Nicolas Cage earned $150 million between 1996 and 2011. He spent it all.

Not on normal things. On dinosaur skulls, haunted mansions, two European castles, a pet octopus, and a $300,000 Lamborghini he crashed.

His spending is the stuff of legend. And then the IRS came.

The Purchases

Let's catalog what Nicolas Cage bought:

Real Estate (at peak: 15 properties)

  • Two castles (Germany and England)
  • The "Lalaurie Mansion" in New Orleans (haunted)
  • Two Bahamian islands
  • Homes in LA, Las Vegas, San Francisco, Rhode Island
  • Properties totaling over $100 million

Vehicles

  • 50+ cars including rare Ferraris
  • 30+ motorcycles
  • A Gulfstream jet
  • A yacht

Exotic Items

  • A $300,000 dinosaur skull
  • Shrunken heads
  • A shark
  • Two king cobras
  • An octopus
  • Rare first-edition comics (including Action Comics #1)

This is a real list.

The Dinosaur Skull

The most famous purchase:

  • $276,000 for a T-Rex skull
  • Bought at auction
  • Outbid Leonardo DiCaprio
  • Later discovered it was stolen from Mongolia
  • He had to return it

He lost $276,000 on a stolen dinosaur skull.

The LaLaurie Mansion

In New Orleans, he bought the most haunted house in America:

  • Site of historic torture and murders
  • Multiple ghost sightings reported
  • He said he wanted to "write the ultimate haunted house novel"
  • He never wrote the book
  • Lost the house in foreclosure

He bought a haunted mansion for a book he never wrote.

The Two Castles

Nicolas Cage owned castles:

  • Schloss Neidstein in Germany (medieval castle)
  • Midford Castle in England (19th century)
  • Bought for millions each
  • Sold at huge losses

Why two castles? Because one castle wasn't enough.

The Octopus

He bought an octopus for $150,000:

  • Said it would help his acting
  • Claimed it was a good roommate
  • "They're very intelligent"
  • This is a real quote

The octopus was for acting research.

The Cobras

He owned two king cobras:

  • Named them Moby and Sheba
  • Highly venomous
  • Kept at his home
  • Eventually donated them

Because of course Nicolas Cage had king cobras.

The Burial Tomb

In New Orleans' oldest cemetery:

  • He bought a 9-foot pyramid tomb
  • For his future burial
  • Cost unknown but significant
  • It's already there, waiting

He prepaid for a pyramid burial monument.

The Financial Collapse

By 2009, it all collapsed:

  • $14 million owed to the IRS
  • Foreclosures on multiple properties
  • Lawsuits from unpaid bills
  • Had to sell almost everything

He made $150 million. He ended up $14 million in debt.

Who He Blamed

Cage sued his business manager:

  • Claimed Samuel Levin mismanaged funds
  • Said he wasn't told about spending problems
  • Levin countersued
  • Levin said Cage ignored all warnings

Someone had to be responsible. Cage didn't think it was him.

The Comeback Grind

To pay off debts, Cage worked constantly:

  • Took every movie offered
  • Direct-to-video films
  • B-movies and paycheck roles
  • Sometimes 3-4 movies a year

The "Cage rage" meme era of weird, bad movies.

The VOD Era

From 2010-2020, his filmography included:

  • Multiple movies you've never heard of
  • Released on VOD or streaming
  • Not prestige projects
  • Paycheck jobs

He went from Oscar winner to VOD king.

The Artistic Renaissance

But then something happened:

  • Mandy (2018): Critics loved it
  • Color Out of Space (2019): Genre prestige
  • Pig (2021): Career-best reviews
  • The Unbearable Weight of Massive Talent (2022): Meta triumph

He became cool again. While still paying debts.

The Meta Movie

The Unbearable Weight of Massive Talent was perfect:

  • He played himself
  • Mocked his career
  • Acknowledged the excess
  • Critics and audiences loved it

He turned his insane life into art.

The Marriage Record

Nicolas Cage has been married five times:

  1. Patricia Arquette (1995-2001)
  2. Lisa Marie Presley (2002-2004)
  3. Alice Kim (2004-2016)
  4. Erika Koike (2019—4 days)
  5. Riko Shibata (2021-present)

The 4-day marriage to Erika Koike was annulled in Vegas.

The Lisa Marie Presley Marriage

He was married to Elvis's daughter:

  • Met at a party
  • Married after dating 2 years
  • Divorced after 3 months
  • He filed during an argument

He was almost a Presley.

The Current Life

Nicolas Cage today:

  • Still working constantly
  • Critically respected again
  • Married to Riko Shibata
  • Has a young daughter
  • Still eccentric

The debt is apparently paid. The weirdness continues.

The Philosophy

Cage on his spending:

  • "I don't take it with me"
  • "These are my hobbies"
  • "I was building dreams"
  • No apologies for any of it

He has no regrets. That's oddly admirable.

The Legacy Question

Nicolas Cage's legacy:

  • Oscar-winning actor (Leaving Las Vegas)
  • Action star (The Rock, Face/Off, Con Air)
  • Meme icon
  • Cautionary tale
  • Renaissance artist

He's all of these things simultaneously.

The Collections

He's still a collector:

  • First-edition comics remain (he sold Action Comics #1 for $2.16 million)
  • Still buys unusual items
  • More restrained now
  • But still Cage

You can't change who you are.

The Lesson

Nicolas Cage's spending teaches:

  • Money runs out
  • Unusual interests have costs
  • Talent doesn't equal financial sense
  • You can always come back
  • Be yourself, consequences included

He bought a dinosaur skull, two castles, and a haunted mansion. He went broke. He worked his way back. He's still Nicolas Cage.

That's actually kind of inspiring.

Or crazy.

With Cage, it's usually both.