$20 million suit where Nicolas Cage sues his former business manager is in hot pursuit. Apparently his advisor invested a huge chunk of money in, wait for it, real estate! This apparently caused Nicolas Cage to “suffer catastrophic losses.” Did Nicolas not know? What’s up with that?

I hope my business never gets so big that I forget it’s MY business and I’m responsible for ever decision.

This guy was his advisor from 2001 to 2008 and so he just trusted him. The article I read about this notes that this comes at a bad time for Nicolas because he’s recently been accused of owing $6.3 million in back taxes.

Again, I have to ask – how do you not know something like that!?

It is undoubtedly difficult to feel bad for him because he make so gosh darn much money – though he did lose Lisa Marie to Michael Jackson… right? That’s you can feel sorry for him for!

Filed under: Business News

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