Nicolas Cage has been one of the most sought after stars in Hollywood, but what happened to his entire net worth while he has been reportedly gaining millions of dollars for each movie he makes?

After starring in numerous films that happened to become a financial success, it is undeniable that the 50 year-old actor has also gained that much. With the many blockbusters-hit films that he made, he was able to gain international fame and millions of wealth. Including in his worldwide successful films are Face Off whom he starred opposite John Travolta, Con Air and the National Treasure films.

After mastering the craft in acting, the actor was recognized as one of the best talents in the industry. He also won several major awards, including an Academy Award for Best Actor for his film, "Honeymoon in Vegas" while he continued to be nominated in other award giving bodies such as the Academy Awards and Golden Globe Awards. With the towering fame that the actor achieved with his talent, he became one of the most in demand star and later one became one of the highest-paid celebrities which resulted to Nicolas cage's net worth to soar.

According to the Celebrity Net Worth's website, the actor has been gaining millions of dollars from his acting. Nicolas Cage net worth significantly increased when he earned as much as $40 million per year. From 1996-2011, he gained $150 million just for acting alone. With that huge amount of money, he was able to spend his money for some lavish homes and transportations which included a private jet, cars and yachts while he also owned a private island.

However, his fortune did not last long enough when he had trouble with the IRS. In 2009, his total unbilled taxes and penalties were summed up to $13 million, which forced him to sell many of his assets as possible while it was also said that he was spending more than his means. Although Nicolas Cage's current net worth is estimated to be around $18 million, the actor is still a bankable star in Hollywood while he still has an upcoming film this 2014.