Nicolas Cage admits he took 'crummy' movie roles to pay bills after poor business decisions
Nicolas Cage says he took some "crummy" movie roles to get out of debt after some poor business decisions.
In an interview with 60 Minutes in the United States, the Oscar-winning actor said he "overinvested in real estate."
"The real estate market crashed and I couldn't get out in time," he said.
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Nicolas Cage has admitted he's no stranger to bad movie roles. Getty
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"I paid them all back, but it was about [US]$6 million [approx. $9.1 million]. I never filed for bankruptcy," he continued.
Yet he credits the work saving him during a "dark" period in his life.
"Work was always my guardian angel," Cage said. "It may not have been blue chip, but it was still work."
It's not the first time the Moonstruck actor has talked about taking roles for the payday.
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The actor took the roles to pay off debt. AP/AAP
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"You have good investments and bad investments," Cage told the New York Times in 2019.
"I can't go into specifics or percentages or ratios, but yeah, money is a factor," he said in response to a question about money driving his work choices.
"I'm going to be completely direct about that. There's no reason not to be."
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Most recently, Cage became a dad for the third time with his fifth wife Riko Shibata. Getty
Meanwhile, Cage, 58, and his 27-year-old wife Riko Shibata recently welcomed their first child, daughter August Francesca Coppola Cage.
August is Shibata's first child, however, she's Cage's third, with the actor already being a dad to 16-year-old son Kal-El, and 31-year-old son Weston from previous relationships.
Cage has been married four times previously – first to Patricia Arquette from 1995 until 2001, Lisa Marie Presley from 2002 until 2004, Alice Kim from 2004 until their divorce in 2016, and Erika Koike, for a few months in 2019.
