Why Nicolas Cage Left His $25 Million Home In Newport Beach, California For Las Vegas
Nicolas Cage is understood for 3 things: his unique acting method, numerous short-term marriages, and his many expensive (mostly bizarre) purchases — including a $25 million home in Newport Beach, California, which he gave up for Las Vegas.Here's the tale behind his relocation.
Why Did Nicolas Cage Sell His Home In Newport Beach?
In 2005, Cage purchased a zero.6-acre assets in Newport Beach. According to The Wall Street Journal, this is a fresh area with a view of Newport Bay's major turning basin. "It has a stone loggia with retractable glass doors," wrote Christina S.N. Lewis. "The dock, if expanded, could accommodate boats of more than 150 feet. It's next door to the former home of John Wayne."
The mag also reported that an intrusion brought about the Face/Off star to promote his Newport Bay mansion for a record-breaking $35 million in 2007. It was once purchased through then-70-year-old, Jerry Herbst, owner of Terrible Herbst. It runs gasoline stations and different retail companies in Vegas and is known for its "Bad Guy" cowboy logo.
âââRight after the incident, Cage moved to his gated Bel-Air home in Los Angeles and took that assets off the marketplace. It used to be indexed for $35 million and was previously owned by means of Dean Martin and Tom Jones.
Why Did Nicolas Cage Move To Las Vegas?
In April 2022, Cage admitted on Jimmy Kimmel Live! that he at first moved to Vegas for tax causes but "then [he] learned to love it." He additionally mentioned: "Vegas has been good to me, it really has. It's both a small town and a big city. It's probably one of the most unique addresses. If you want to go to the strip and participate you can. If you want to just go with the locals and go to the cool restaurants then you can."
He added that he once planned on building an $80 million studio in Vegas, but Elon Musk kinda stopped it from happening. "I've had great experiences making movies there. Leaving Las Vegas was great. Honeymoon in Vegas is great. I've got good mojo there," Cage explained. "I tried to get a movie studio built there and then Elon Musk came in, and all the money I got for the movie studio — I got $80 million — they put into the Tesla corporation, which then ironically drained all of the water out of the city. But I almost got it, I almost got a movie studio."
Nicolas Cage's Move To Las Vegas 'Saved' Him
In his April 2022 cover story in GQ, Cage unfolded about his relocation, saying: "In some ways, this move saved me." The actor lives quarter-hour from the Las Vegas Strip, in a home positioned in "a tranquil gated community, up a red-brick driveway, past the palm trees that touch the Mojave Desert sky."
The National Treasure star additionally has a Maine Coon named Merlin. "He's so kind and so loving," he said of his puppy. "Sometimes he puts his arm around me when he's sleeping, and I think it's my wife, and I go, 'Oh, Riko.' And then it's Merlin."
At the time, Cage's fifth wife Riko Shibata was once nonetheless pregnant with their new child daughter, August Francesca Coppola Cage. "Augie was my father’s nickname. And my uncle [Francis Ford Coppola who] has decided to change his name to Francesco" the Oscar winner mentioned of the baby's identify again then. He additionally showed off his baby's two-mount ultrasound and stated: "I think it's so sweet. It's like a little edamame. A little bean."
On September 7, 2022, the couple's publicist told People that the 2 had simply welcomed their first child in combination. "Nicolas and Riko are happy to announce the birth of their daughter," read the observation. "Mother and daughter are doing fine." Early this yr, throughout a visit to The Kelly Clarkson Show, Cage announced: "I'm gonna announce some big news for everyone. I am gonna have a little girl," including: "It's going to be the biggest adventure of my life."
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