To Cage’s credit, he worked tirelessly to pay off his debts by starring in a slew of films, many of which were straight-to-DVD or video-on-demand releases. While many of these projects flopped, the tide eventually turned for the star and he's enjoyed a major comeback in recent years.

His performance in the critically acclaimed 2021 drama Pig garnered him Oscar buzz. Meanwhile, in the 2022 comedy The Unbearable Weight of Massive Talent, Cage arguably played his wackiest role yet: himself. He most recently headlined the live-action superhero noir series Spider Noir and, according to IMDb, he has eight upcoming projects in the pipeline.

Cage confirmed in a spring 2022 interview with GQ that he had settled his debts. Today, he's worth an estimated $40 million (£29.8m).

Now discover the other film and TV stars who spent all their money

How Nicolas Cage blew his £112m fortune