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Wednesday, 1 February 2017

Johnny Depp spends $2 million-a-month to maintain his lavish lifestyle

Johnny Depp likes to live large, apparently. In addition to owning multiple homes and a luxury yacht, he spends $30,000 a month on wine, travels by private jet and maintains 12 storage facilities housing his fine art and memorabilia collections.
That's according to a lawsuit filed Tuesday by his former managers who are asking a judge to rule that the actor has no-one but himself to blame for his financial troubles.

The Pirates Of The Caribbean star filed suit against The Management Group earlier this month alleging mishandling of his finances and seeking compensation of at least $25 million.
But on Tuesday those managers countersued, opening up a window into the extravagant lifestyle of one of Hollywood's biggest stars whose divorce from actress Amber Heard was finalized just two weeks ago.

In documents filed in Los Angeles County Superior Court, Joel and Robert Mandel claim they repeatedly warned Depp that he was overspending, according to The Hollywood Reporter.
'Depp lived an ultra-extravagant lifestyle that often knowingly cost Depp in excess of $2 million per month to maintain, which he simply could not afford,' attorney Michael Kump wrote in the cross-complaint. 'Depp, and Depp alone, is fully responsible for any financial turmoil he finds himself in today.'
 
TMG claims the Black Mass actor spent $75 million on the purchase of 14 residences including a chateau in France, splashed out $18 million on a luxury yacht and paid more than $3 million to blast the ashes of author Hunter Thompson over Aspen, Colorado, from a specially-made cannon.
TMG is currently pursuing foreclosure actions against Depp to recover $4.2 million it claims he still owes the company.
Meanwhile, Depp has accused his former managers of 'gross misconduct' that led to him losing 'tens of millions of dollars', Variety reported on January 13.
He alleged the company had failed to file or pay his federal taxes on time costing him millions in fees and fines and lent $10 million of his money to a third party without his knowledge.
Depp has been selling off some of his properties in the past year. He also settled his divorce from Heard for $7 million which she stated she would donate to charity.

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