5/3/10

Nicolas Cage Buys A Pyramid For Himself


Cage's latest property purchase isn't a new mansion or a shiny car, it's a giant mausoleum in the shape of a pyramid. Nicolas Cage commissioned the 9-foot tall tomb to sit inside a New Orleans cemetery with the stipulation that it serve as his final resting place. The actor is known for being a devotee of the Louisiana city, and is the former owner of several homes inside its city limits.
Pharaoh-grave it's probably no coincidence that a pyramid is the logo associated with Cage's popular film franchise "National Treasure." In the movies, Cage plays a noted cryptologist with a fascination with the mysteries of ancient civilizations.

The extravagant purchase comes during a time of financial stress for Cage. His Bel Air home foreclosed earlier this month after an unsuccessful courthouse auction failed to attract the minimum bid of $10.4 million. The foreclosure was the latest straw in a pattern of financial strain for the Cage family.

Cage was hit with a $5 million tax bill earlier this year, allegedly due to mismanagement by his financial adviser. He's been forced to sell off many of his homes, dumping a medieval German castle, a Rhode Island estate and a Bahamian island.

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