It seems as if not even Hollywood is exempt from the fact that life has a tendency to come full circle. Nicolas Cage saw his finances crumble this year, leaving the actor currently facing a tax bill of over $5 million as previously reported here. While Cage is in the process of suing his former financial advisor for mismanaging his funds, it looks like his dire financial straits may be temporarily fixed, and by none other than fellow A-lister Johnny Depp.

In a true “that’s what friends are for” move, the Public Enemies star has reportedly called his old friend to let him know that he will front “whatever he needs” to get him out of this crisis. Depp is generous in his financial and emotional support, possibly seeing the move as a way to pay Cage back for launching Depp’s stellar career: It was Nic who arranged for Depp, then an unknown musician, to meet with his agent, which led him to A Nightmare on Elm Street.

[Via: StyleCaster.com]

Actor Nicolas Cage is reportedly completely broke and has a significant amount of debt.

According to Showbiz Gossip the star is selling his off his properties all over the world to gain capital.

The 45-year-old actor is blaming his manager, saying he sent him down to financial ruin. Cage is reportedly beginning a multi-million dollar lawsuit against him.

Sky News reported that Cage owed $6 million in unpaid taxes and defaulted on a $2 million loan. He was reportedly forced to sell a castle in Germany because of his financial situation.

Cage currently has six films due to be released in the next two years.

It’s tough to hear this story right after I watched the Family Man again recently. It’s an “Art Imitates” life situation if you look back to that movie. What’s funny is when some people say they are broke, they still own 5 homes around the globe. The broke that I’ve been accustomed to meant you didn’t have sh!t, an you didn’t own sh!t. I gotta give him props though, he has good taste. I’m always entertained by the type of characters these people are and how they lived based on the things they’ve encountered. People watching is a my cheap and guilty pleasure.