Net Worth Ranker
What Is Ken Cage’s Net Worth?
Ken Cage, an American reality television personality and accomplished repossession agent, has an estimated net worth of $10 million as of 2025. This wealth stems primarily from his extensive career in the banking and collections sector, as well as his starring role in the Discovery Channel’s reality series, “Airplane Repo.” Cage’s journey to accumulating this net worth involved years of experience in finance and asset recovery, leading to his prominence in the niche world of high-value asset repossession.
Early Career and Rise to Prominence
Ken Cage’s professional trajectory began over two decades ago in the banking and collections industry. Before gaining fame on television, Cage honed his skills at well-established financial institutions such as DaimlerChrysler Financial Services and JP Morgan. While specific details about his roles at these companies are not extensively publicized, it is known that he gained significant experience in managing collections and handling security, providing him with a foundational understanding of asset management and recovery processes. In 2005, Cage partnered with Bob Weeks to found International Recovery Group (IRG). This marked a pivotal moment in his career as he transitioned into the specialized field of asset repossession. The decision to focus on repossession was strategic, recognizing it as a niche market with fewer overheads compared to other businesses. This early career provided the bedrock for his later success and contributed significantly to his current net worth.
“Airplane Repo” and Increased Visibility
Cage’s career reached new heights with his involvement in the Discovery Channel’s “Airplane Repo,” which aired from 2010 to 2015. The show offered viewers a glimpse into the high-stakes world of aircraft repossession, following Cage and his team as they recovered high-value airplanes from owners who had defaulted on their loans. “Airplane Repo” not only showcased Cage’s expertise but also his daring approach to the job, captivating audiences and solidifying his reputation as a leading figure in the asset recovery industry. While the exact compensation Cage received for his role on “Airplane Repo” isn’t publicly available, it’s reasonable to assume that his participation significantly boosted his income and overall net worth. The show’s popularity also increased the visibility of IRG, potentially attracting more clients and expanding the company’s business opportunities. The success of “Airplane Repo” undeniably played a crucial role in elevating Ken Cage to a household name within the realm of reality television and contributing to his financial success.
International Recovery Group (IRG) and Asset Repossession
As the president of operations at IRG, Ken Cage has overseen the successful completion of over 1,200 repossessions, totaling more than $300 million in recovered assets. His work at IRG involves recovering a wide range of high-value assets, including private jets, luxury boats, and cars. Cage’s expertise extends across all 50 U.S. states and numerous foreign countries, highlighting the global reach and scale of his operations. While it’s difficult to pinpoint the exact revenue generated by IRG under Cage’s leadership, the sheer volume and value of repossessed assets underscore the company’s financial success. Furthermore, Cage’s leadership has established IRG as a prominent player in the asset recovery industry, known for its effectiveness and professionalism. This reputation, coupled with the company’s track record of successful repossessions, has undoubtedly contributed to Cage’s personal wealth and solidified his position as a leading figure in the field. While the specific details of Ken Cage’s annual income and compensation from IRG are not public knowledge, it is clear that his role as president of operations is a significant driver of his $10 million net worth.
Specific Repossessions and Notable Cases
Throughout his career, Ken Cage has been involved in several high-profile and challenging repossessions. According to reports, IRG repossessed around 800 aircraft since 2007, with 150 to 180 of those being private jets. One of the most significant recoveries was a Gulfstream GV, valued between $25 and $30 million. The repossessions have taken place in various locations, including the UAE, Jamaica, Venezuela, Mexico, and Europe. One interesting incident involved an aircraft worth only $10,000, where the debtor chased Cage and his pilot with a shovel. These cases not only highlight the risks and complexities of the repossession industry but also showcase Cage’s expertise and problem-solving skills in securing valuable assets. Although the financial details of each repossession are confidential, the successful recovery of such high-value assets has undoubtedly contributed to Ken Cage’s and IRG’s financial success and overall net worth.
Memberships and Associations
Ken Cage’s involvement in various professional organizations underscores his commitment to the asset recovery industry and his dedication to maintaining high standards of professionalism and ethical conduct. He is a member of the National Aircraft Finance Association, which signifies his expertise in aircraft financing and repossession. Additionally, his membership in the American Society of Industrial Security and the International Society of Healthcare Safety and Security highlights his commitment to safety and security in various industries. Cage is also affiliated with the Aircraft Owners & Pilots Association, showcasing his understanding of aircraft ownership and operations. Furthermore, his membership in the International Association of Marine Investigators and the National Association of Chiefs of Police indicates his expertise in marine asset recovery and his connections with law enforcement agencies. While these memberships do not directly contribute to his net worth, they enhance his credibility and reputation in the industry, which can lead to increased business opportunities and ultimately contribute to his financial success. These associations also provide Cage with access to valuable resources, networking opportunities, and industry insights, further solidifying his position as a leader in the asset recovery field.
Net Worth and Lifestyle
Ken Cage’s estimated $10 million net worth is a testament to his successful career in high-value asset recovery. While specific details about his personal assets, such as properties, vehicles, or investments, are not publicly available, it is evident that his expertise in asset recovery has afforded him a comfortable lifestyle. His primary sources of income include his role as president of IRG and his appearances on “Airplane Repo”. The combination of a successful business and television fame has allowed him to accumulate substantial wealth. The exact details of Cage’s lifestyle are private, but it can be inferred that he enjoys the fruits of his labor, potentially including real estate, luxury vehicles, and other investments. The continued success of IRG and his ongoing involvement in the asset recovery industry suggest that his net worth will likely remain stable or even increase in the future. While Cage maintains a level of privacy regarding his personal finances, his career achievements and estimated net worth paint a picture of a highly successful and accomplished individual in the world of asset recovery.
