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Nicolas Cage reportedly under a lot of pressure as a huge hole threatens his $10.5 million Malibu mansion, with property damage and uncertainty about his future taking a toll on the actor.
His wife, Riko Shibata, tries to keep him from being consumed by the crisis. However, a source says that Cage is angry about the situation and is worried about the money he could lose.
Nicolas Cage is also reportedly finding it difficult to manage the problem from a distance, with delayed repairs and uncertainty about the extent of the damage adding to his frustration.
Nicolas Cage is reportedly afraid of losing millions Among Nightmare Sinkhole
Cage’s Malibu property has been threatened by a large sinkhole that has reportedly swallowed part of the home’s drive into the ocean.
Photos published by Page Six on September 8 he showed the extent of the damage, and it is estimated that the sinkhole was 25 feet deep.
The sprawling mansion was built in the 1990s by the late Jose Liberman of Liberman Broadcasting and remained in his family for years before it was finally purchased by “Moonstruck” star Nicolas Cage, according to the release.
The damage occurred after a day of heavy rain across the Los Angeles area, while high surf hit the southern California coast after Hurricane Marie formed.
According to a source cited by the A seekerCage is taking the situation particularly hard because he only bought the property two years ago.
“Riko is worried he’s going to drive himself crazy because he hates losing money,” the source said. “He bought the place two years ago, and this is happening. He’s yelling and complaining about being cursed.”
The source also said that Cage has been complaining about the situation and asking why the problem happened to him.
The future of the actor Mansion still uncertain: ‘The place could be a complete ruin’
The sinkhole has reportedly already taken over the mansion’s driveway, raising questions about the condition of the surrounding building and whether further damage could occur.
The A seekerA source said Cage still doesn’t know what else might be wrong with the property or how the condition will affect its market value.
“At this point, he doesn’t even know what’s wrong with him and what it will mean in terms of losing the value of his property,” the insider said. “The place could be a complete ruin.”
Cage is reportedly dealing with the crisis from a distance as he spends much of his time in Las Vegas rather than at the Malibu property.
“He spends most of his time in Vegas, so he has to deal with this headache from a distance, and there’s so much red tape, he says he can’t do anything,” the source told the publication.
Wife of Nicolas Cage Riko Shibata tries to keep him calm
Shibata is said to be doing his best to help Cage manage his anger and anxiety about the building.
The couple married at the Wynn Hotel in Las Vegas in February 2021. Cage was 57, and Shibata was 26 at the time. They welcomed their daughter, August Francesca Coppola Cage, in September 2022.
Cage also has two sons from previous relationships: Weston, 35, with ex-girlfriend Christina Fulton, and Kal-El, 21, with ex-wife Alice Kim.
According to the A seekerand internally, Cage’s mood has become a source of tension at home.
“He’s just in such an angry place,” the insider said. “No one wants to be around him.”
However, Shibata is said to be encouraging her husband to put the problem in perspective rather than let it consume him.
“She’s doing her best to try and make him see that it’s not worth getting mad at,” the source said. “But he’s so stressed and complains non-stop, so she’s out of luck.
Nicolas Cage gets repair permits as sinkhole threatens his home
While Cage is reportedly struggling with the uncertainty surrounding his $10.5 million Malibu mansion, efforts are underway to protect the property from further damage.
according to The Los Angeles Timesthe actor has received four permits covering repairs after the huge sinkhole swallowed his driveway in September.
The permits cover excavation for soil sampling, debris removal, and placement of sandbags to help protect oceanfront property from powerful waves and further coastal erosion.
The work is part of a broader effort to stabilize the affected area as Malibu faces ongoing coastal threats.
More About the Troubles at the Mansion Plaguing Nicolas Cage
The damage to Cage’s mansion has extended beyond his driveway. The city of Malibu red tagged 31 homes on Sea Level Drive after the collapse blocked the only access to the community.
Gas and power lines serving the street have also been shut off, and it is unclear when evacuation orders will be lifted.
The repair process has reportedly run into problems, with the first contractor being replaced in early October.
As reported by the LA Timesthe Sea Level Trail Homeowners Association is responsible for overseeing the repairs, leaving the timeline dependent on further work and safety assessments.
