Celebrities Whose Lavish Lifestyles Landed Them In Bankruptcy

29. Nicolas Cage

Nicolas Cage spent lavishly on exotic animals, a Gulfstream jet, private island and more, inviting a $14 million worth debt to the IRS in the form of unpaid taxes. He was also sued for $13 million by his ex-wife, and also by a real estate company for not paying back loans worth millions all in the same year.

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