Nicolas Cage went from $150M fortune to $6M in debt
Nicolas Cage went from a $150 million fortune to being $6 million in debt, paying it off by relentlessly taking on movie roles.
Where this was said
Floyd Mayweather's Financial Implosion and Nicolas Cage's Near-Bankruptcy
At 1:41:36 · chapter starts 1:36:20
A video of Floyd Mayweather opening suitcases of diamond watches in a hotel room and bragging about his $18 million timepiece anchors the financial discussion. [1] — Joe Rogan "Floyd Mayweather earned $750 million and is nearly broke at 49. He literally brings 30 watches on a 30-day vacation and owns a watch worth …" 1:37:20 Joe runs the numbers: just in watches and cars — 10 Ferraris near a million dollars each, Rolls-Royces at half a million apiece — you're looking at $50-60 million spent. And you'd need to earn over $120 million to net $60 million after taxes. Floyd's lifestyle was never designed for sustainability; it was designed to signal. Tony brings up the ESPN 30 for 30 documentary 'Broke' about how NFL players lose their fortunes, and from there they pivot to Nicolas Cage: from a $150 million fortune to $6 million in debt, purchasing $276,000 worth of snakes and various dinosaur skulls, before clawing his way back through sheer volume of work.
Floyd Mayweather Spent $750 Million — and Has Almost None of It Left
Floyd Mayweather earned $750 million and is nearly broke at 49. He literally brings 30 watches on a 30-day vacation and owns a watch worth $18 million. The math is not complicated — the problem is he could never stop.
Floyd Mayweather made $750M and is now nearly broke at 49
Floyd Mayweather reportedly earned approximately $750 million over his career and is facing serious financial difficulties at age 49.
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