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Riches To Rags! Shrunken Heads, Castles, Pet Octopus, King Cobras, How Nicolas Cage Squandered His Millions And Ended Up Broke

Nicolas Cage is known for his whacky demeanor and bizarre antics so its no surprise his extravagant purchases fall on the side of strange. In the second part of OKMagazine.com's special feature on how celebrities go broke, we breakdown how the Leaving Las Vegas star went from bank to bankrupt, and you won't believe what the 49-year-old star frittered his millions away on! Nicolas Cage found himself in a financial black hole after being hit for an unpaid back taxes bill of $14 million! Despite once being one of Hollywood's highest paid actors—earning a whopping $40 million in 2009—Cage was one small step from bankruptcy after he was hit with a bill for unpaid taxes totaling more than $14,000,000 for failing to pay in full for 2002, 2003, 2004 and 2007.  OK! News: The Inside Track On How Multi Million Celebs Go Broke In addiction, he was ordered to pay over $2 million to the Nevada State Bank and is facing lawsuits from East West Bank and Red Curb Investments for unpaid, multimillion dollar loans. Cage hit back immediately, blaming his business manager, Samuel Levin—suing him for negligence and fraud and alleging that Levin "had failed to pay taxes when they were due and had placed [Cage] in speculative and risky real estate investments 'resulting in (the actor) suffering catastrophic losses".  Cage was estimated to have earned a whopping $40 million in 2009 However, Levin did't take the lawsuit laying down, and immediately filed a countersuit, slamming the star for his outrageous and out of control spending and blaming him for his financial woes—claiming he refused to heed Levin's advice to quit spend, spend, spending! OK! News: Find Out What the Real Housewives Get Paid In his lawsuit, Cage's ex-manager claims that, "instead of listening to Levin, cross-defendant Cage (Coppola) spent most of his free time shopping for high ticket purchases, and wound up with 15 personal residences. "Likewise, Levin advised Coppola against buying a Gulfstream jet, against buying and owning a flotilla of yachts, against buying and owning a squadron of Rolls Royces, against buying millions of dollars in jewelry and art." Cage bought this huge Bel Air estate for $6.5 million in 1998, it was foreclosed upon in 2010 Cage was subsequently forced to sell off a slew of assets he had acquired over the years including castles, luxurious homes around the world, exotic pets, his own private island in the Bahamas and….ermmm…. dinosaur skull bones and shrunken heads. OK! NEWS: NICOLAS CAGE FLEES NEW FILM BEFORE SHOOTING BEGINS  So, how crazy did Cage's spending spree get? Check out the rundown on how he blew an estimated $150 million fortune and see for yourself! Property: In 1998 the star splashed out $6.5 million for an over-the-top 11,000 square foot Bel Air mansion. In 2004 Cage purchased a luxury home on Paradise Island in Nassau, Bahamas for $1.8 million; a Fifth Avenue, New York City condo for $2.5 million and a Malibu mansion for $10 million. In 2005 he snapped up another Fifth Avenue condo, this time for $3 million. In 2006 the actor bought the medieval castle of Schloss Neidstein in the Oberpfalz region of Germany for $2.3 million; Tilham Barn in Somerset, England for $1.35 million and a 14,300 square foot mansion in Las Vegas, Nevada for $8.5 million. in 2007 he splashed out on "Grey Craig", a 24,000-square-foot country manor in Rhode Island for $16 million; Midford Castle in Somerset, England for $7.5 million; the "Most haunted House in America" the LaLaurie mansion in New Orleans for $3.45 million and a 1914 Tudor style mansion in San Francisco for $9.4 million. Cage purchased TWO luxury Fifth Avenue condos in NYC for a total of $5.5 million Private Islands: As if one private island wasn't enough, Cage bought two! In 2000 he purchased a 50 acre island in the Bahamas for a reported $4 million, and then, in 2006 he became the proud owner of 40 acre Leaf Cay, also in the Bahamas, after splashing out $7 million for the privilege. Transportation: In his court filing, Levin claims Cage purchased 22 automobiles (including 9 Rolls Royces. Also in his collection: a rare $500 thousand Lamborghini, a Porsche, a Jaguar, a Hemi Barracuda, a Bugatti and a $1 million Ferrari Enzo, one of only 349 produced. Cage also owned a total of 30 motorcycles, a $30 million Gulfstream private jet and, not one, but FOUR luxury yachts! Cage's New Orleans home was purchased in 2007 for $3.45 million Art and collectables: Nearly 50 expensive works of art, dozens of jewels, and some insane collectables, including, a $276,000 67 million year old dinosaur skull, shrunken heads and a mammoth tusk handled hunting knife for $2,000.   Exotic 'pets':  Cage reportedly once spent $276,000 to buy an Octopus and two King Cobras Comics: The actor purchased Action Comics 1 in 1997 for $110,000.  Cage married his third wife, Alice Kim, in 2004, he was previously married to Patricia Arquette and Lisa Marie Presley There is some light on the horizon for the serious shopper however, in February of 2012 after his massive sell-off, Cage managed to pay down a little less than half his tax debt. Lets hope he cuts up that black Amex card!   What do you think about Nicolas cage's crazy spending? Sound off in comments below and tweet us @OKMagazine                                 Nicolas Cage is known for his whacky demeanor and bizarre antics so its no surprise his extravagant purchases fall on the side of bizarre. In the second part of OKMagazine.com's special feature on how celebrities go broke, we breakdown how the Leaving Las Vegas star went from bank to almost bankrupt, and you won't believe what the 49-year-old star frittered his millions away on!   Despite once being one of Hollywood's highest paid actors—earning a whopping $40 million in 2009—Cage was one small step from bankruptcy after he was hit with a bill for unpaid taxes totaling more than $14,000,000 for failing to pay in full for 2002, 2003, 2004 and 2007.  Big Name Celebrities Who Have Gone Broke In addiction, he was ordered to pay over $2 million to the Nevada State Bank and is facing lawsuits from East West Bank and Red Curb Investments for unpaid, multimillion dollar loans. Cage hit back immediately, blaming his business manager, Samuel Levin—suing him for negligence and fraud and alleging that Levin "had failed to pay taxes when they were due and had placed [Cage] in speculative and risky real estate investments 'resulting in (the actor) suffering catastrophic losses".  OK! NEWS:  NICOLAS CAGE NIXES NAME TALK However, Levin did't take the lawsuit laying down, and immediately filed a countersuit, slamming the star for his outrageous and out of control spending and blaming him for his financial woes—claiming he refused to heed Levin's advice to quit spend, spend, spending! In his lawsuit, Cage's ex-manager claims that, "instead of listening to Levin, cross-defendant Cage (Coppola) spent most of his free time shopping for high ticket purchases, and wound up with 15 personal residences. "Likewise, Levin advised Coppola against buying a Gulfstream jet, against buying and owning a flotilla of yachts, against buying and owning a squadron of Rolls Royces, against buying millions of dollars in jewelry and art." OK! NEWS: NICOLAS CAGE FLEES NEW FILM BEFORE SHOOTING BEGINS  Cage was subsequently forced to sell off a slew of assets he had acquired over the years including castles, luxurious homes around the world, exotic pets, his own private island in the Bahamas and….ermmm…. dinosaur skull bones and shrunken heads. So, how crazy did Cage's spending spree get? Check out the rundown on how he blew an estimated $150 million fortune and see for yourself! Property: In 1998 the star splashed out $6.5 million for an over-the-top 11,000 square foot Bel Air mansion. In 2004 Cage purchased a luxury home on Paradise Island in Nassau, Bahamas for $1.8 million; a Fifth Avenue, New York City condo for $2.5 million and a Malibu mansion for $10 million. In 2005 he snapped up another Fifth Avenue condo, this time for $3 million. In 2006 the actor bought the medieval castle of Schloss Neidstein in the Oberpfalz region of Germany for $2.3 million; Tilham Barn in Somerset, England for $1.35 million and a 14,300 square foot mansion in Las Vegas, Nevada for $8.5 million. in 2007 he splashed out on "Grey Craig", a 24,000-square-foot country manor in Rhode Island for $16 million; Midford Castle in Somerset, England for $7.5 million; the "Most haunted House in America" the LaLaurie mansion in New Orleans for $3.45 million and a 1914 Tudor style mansion in San Francisco for $9.4 million. Private Islands: As if one private island wasn't enough, Cage bought two! In 2000 he purchased a 50 acre island in the Bahamas for a reported $4 million, and then, in 2006 he became the proud owner of 40 acre Leaf Cay, also in the Bahamas, after splashing out $7 million for the privilege. Transportation: In his court filing, Levin claims Cage purchased 22 automobiles (including 9 Rolls Royces. Also in his collection: a rare $500 thousand Lamborghini, a Porsche, a Jaguar, a Hemi Barracuda, a Bugatti and a $1 million Ferrari Enzo, one of only 349 produced. Cage also owned a total of 30 motorcycles, a $30 million Gulfstream private jet and, not one, but FOUR luxury yachts! Art and collectables: Nearly 50 expensive works of art, dozens of jewels, and some insane collectables, including, a $276,000 67 million year old dinosaur skull, shrunken heads and a mammoth tusk handled hunting knife for $2,000.   Exotic 'pets':  Cage reportedly once spent $276,000 to buy an Octopus and two King Cobras Comics: The actor purchased Action Comics 1 in 1997 for $110,000.  There is some light on the horizon for the serious shopper however, in February of 2012 after his massive sell-off, Cage managed to pay down a little less than half his tax debt. Lets hope he cuts up that black Amex card!   What do you think about Nicolas Cage's crazy spending? Sound off in comments below and tweet us @OKMagazine        

Roaring 20s Inspired 'Great Gatsby' Cocktails

In honor of The Great Gatsby film's upcoming premiere on Friday May 10th, what better way to get into the spirt than mixing up a few 1920s inspired cocktails that would have gone down a treat back in the day. Plan Your 'Great Gatsby' Soiree With These Fab 1920s Inspired Party Ideas Hornitos® Tequila invites you to toast to garden parties, yachts, and the finer things in life. Pay homage to the legend, with a Gatsby-inspired shot recipe, Hornitos® The Aristocrat. A silky smooth shot made with Hornitos Plata Tequila, Lemon, Agave, Blackberry Jam and mint- ideal for your Gatsby screening party or Hamptons party this summer! Get Daisy's 'Great Gatsby' Makeup Look By Entering the OK! Mary Kay Twitter Giveaway! Hornitos® "The Aristocrat"
Ingredients:
2 parts Hornitos® Plata Tequila
1 part Lemon Juice
1⁄2 part Agave Nectar
1 Barspoon of Blackberry Jam Method: Pour ingredients into a shaker, shake and double strain into a shot glass and garnish with a mint leaf. This recipe makes two shots. OK! Old School: Our Love And Affection For 'Gatsby' Star Tobey Maguire West Egg Punch
Named after the town from which Gatsby hailed, this festive punch can be prepared in a big batch ahead of time.  Make in a glass drink dispenser for guests to serve themselves.
Ingredients:
1.5 oz Skinnygirl White Cherry Vodka
1 oz lemonade
2 oz sparkling water
Strawberries
Watermelon slices
 
Method: Muddle strawberry and watermelon slice. Add vodka and fill with sparkling water and add lemonade. Garnish with a watermelon slice and a strawberry. OK! Movie Mania: Live Stream The Entire 'Great Gatsby' Soundtrack Featuring Jay-Z, Beyonce, Fergie and More!
 
The Garden Party
Champagne was a Gatsby partygoer favorite.  This modernized champagne cocktail is perfect for toasting with friends.
Ingredients:
1 oz Skinnygirl White Cherry Vodka
2 oz champagne
Frozen cherry
 
Method: Pour champagne into flute, top with vodka and garnish with one frozen cherry. OK! Movie Mania: Leo DiCaprio's Best 'Great Gatsby' Interviews So Far Gatsby Gimlet
Simple yet sophisticated like Mr. Gatsby himself
Ingredients:
1.5 oz Skinnygirl Bare Naked Vodka
1.5 oz fresh lime juice
 
Method: Shake with ice, strain into a chilled martini glass. OK! Movie Mania: A Gorgeous Gallery of 'Great Gatsby' To Get You Excited For The Movie Celebrate like a high-spirited flapper while enjoying Aviation American Gin, along with a selection of delicious cocktail recipes:
 
Aviation Rickey
Ingredients:
1 ½ oz. Aviation American Gin
¾ oz. Freshly pressed lime juice
1 tsp. Simple syrup
Top with Soda water
 
Method:
In a Collins glass, add ice, spirits and mixers.
Top with seltzer water and stir. Garnish with a lime wedge. OK! Look of the Day: Carey Mulligan at 'The Great Gatsby' Premiere
 
  Soyer’s Gin Punch
Ingredients:
1.5 oz. Aviation American Gin
¾ oz. Freshly squeezed lemon juice
1/3 oz. Simple syrup
½ oz. Luxardo Maraschino liqueur
1 oz. Soda water
 
Method:
In a Collins glass, add ice, spirits and mixers. Stir and pour. Garnish with a lemon round. Photos: The Hottest Looks from Prada's 'Great Gatsby' Cocktail Party!
 
Tuxedo Cocktail #2
Ingredients:
1 oz. Aviation American Gin
1 oz. Dry vermouth
1 tsp. Absinthe
1 tsp. Luxardo Maraschino liqueur
1 Dash orange bitters
 
Method:
Stir all ingredients gently in a mixing glass with ice and strain into a chilled martini glass. Garnish with a lemon twist. OK! News: Carey Mulligan Dishes on Her Kiss with Leonardo DiCaprio Celebrate like a high-spirited flapper while enjoying Aviation American Gin: Embrace Dapper Glamor – Invite your female guests to channel their inner Daisy Buchanan or Jordan Baker by donning a drop waist, pleated or fringe dress. Meanwhile, guys can put on their best suit and complement their look with a sophisticated Tuxedo Cocktail #2.
Put On Your Dancing Shoes – Dance clubs became enormously popular during the 1920’s, so challenge your friends to do their best Charleston. In between showing off their moves, your friends can sip on a Soyer’s Gin Punch.
Make Sure To Set The Scene – Add a sense of place to your soiree by incorporating Art Deco décor to the mix. Your guests can admire the rich colors and bold geometric shapes with a glass of Aviation Rickey in hand. Are you going to see The Great Gatsby this weekend? Let us know below or tweet us @OKMagazine!

‘Below Deck’: Check out the mega yacht that’s home to new Bravo series — VIDEO EXCLUSIVE

Ever wanted to know what it’s like to live on those mega yachts you only see when the stars are

Heesen’s Newest Megayacht Hits the Water

The Dutch shipyard Heesen Yachts has launched the third hull in its 163-foot (50-meter) semi-displacement series. The yacht, which was christened Ventura by its owner, features an aluminum hull and a pair of MTU 16V engines that generate up to 7,295 hp and propel the ship to a top speed of 23 knots. When cruising at 11 knots, Ventura can achieve an impressive range of 3,200 nautical miles. The yacht’s minimalist interiors are courtesy of the Italian designer Francesco Paszkowski, who swathed Ventura’s main sal...

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