Appearing on CBS’s “60 Minutes” Sunday, the Oscar winner, 59, said he was “over-invested in real estate” that landed him a whopping $6 million in debt.
, the Oscar winner recalled his financial struggles after the real estate market crashed, saying he signed up for any role he could just to be able to pay the money back.
“I paid them all back, but it was about $6 million. I never filed for bankruptcy,” the 59-year-old “Moonstruck” actor added.“It was dark, sure,” Cage responded, noting that booking acting roles “no doubt” helped him out. Cage added that to get over his financial dark hole at the time, he would accept a string of direct-to-video movies.
“I can’t go into specifics or percentages or ratios, but yeah, money is a factor,” he told the outlet. I’m going to be completely direct about that. There’s no reason not to be.”
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