Jets & Yachts – We Wonder if They’ll Ever Fly Coach Again
Nicolas Cage – Sarita, Estimated $20 Million
Nicolas Cage has been in tons of movies and has made quite a fortune, but when he fell flat on his face due to his extravagant spending. He was charged by the IRS for some tax evasions. He was in the hot soup and blaming his financial planning advisor didn’t work as well since he pointed out that he had warned Cage that his buying habits were getting out of hand. He had to sell most of his assets and had to let go of three of his four luxury yachts. The only one he kept was “Sarita,” his favorite. The 6-cabin vessel can accommodate up to 12 passengers. As of now, he has a net worth of $25 million and he is doing all kinds of projects in order to pay back his loans. We are glad that he could avoid bankruptcy though!
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