Johnny Depp's 'extravagant and extreme' $2 million-a-month lifestyle07-02-2017
Johnny Depp's former business managers have alleged that the actor is living an extravagant $2 million (£1.5 million) a month lifestyle, complete with 14 houses, 70 guitars, and an enormous appetite for wine.
It comes after Depp launched a $25 million lawsuit last month against his business managers, The Mandel Company (TMG), claiming "gross mismanagement" of his affairs.
He said the company failed to properly pay his taxes on his behalf, made unauthorised loans, and overpaid for "security and other services," costing him "tens of millions of dollars" and leading to financial trouble, of which he claims to have only become aware of in March of last year.
The cross-complaint, filed this week, stated that TMG "did everything within its power over the last 17 years to protect Depp from himself and to keep Depp financially solvent" but that TMG "did not have the power or ability to control Depp’s spending or his numerous other vices, or to force Depp to make wiser financial decisions."
The lawsuit lifts the lid, in extraordinary detail, on Depp's alleged "extravagant and extreme" $2 million a month spending habit. We took a look through to discover how the "Pirates of the Caribbean" star splurges his earnings. All of our figures are quoted in the TMG lawsuit, which is available in full here:
According to TMG, Depp has spent $75 million to 'acquire, improve, and furnish 14 residences' around the world.
This includes a 45-acre chateau in the south of France, valued at $13.5 million, a chain of islands in the Bahamas, a number of houses in Hollywood and penthouse lofts in downtown Los Angeles. He also has a horse farm in Kentucky. Each house has a full set of staff.
He has also spent 'millions' on 45 luxury cars. A 1959 Corvette is just one of his many motors.
He spent $18 million on a 150-foot luxury yacht. JK Rowling reportedly bought the yacht off him in 2016.
He refuses to fly in anything but a private plane, according to TMG, selecting a Gulfstream GV, costing him $200,000 a month.
Depp owns over 70 collectable guitars.
He spends $30,000 a month alone on wine 'flown in from all over the world for personal consumption.'
He also has 'many pieces of expensive world class jewellery,' which he's often seen wearing. According to TMG, the actor has spent 'many millions on rare and expensive Hollywood collectables' from the likes of Marilyn Monroe and Marlon Brando. He has so many items that he needs 12 storage facilities to house them.
This Marilyn Monroe dress, which went on sale at Christie's in 1999, is an example of the kind of memorabilia Depp might own.
He spent 'millions' to acquire and maintain an expensive art collection, made up of over 200 collectable pieces from famous artists like Andy Warhol and Jean-Michel Basquiat.
Basquiat's "Self-Portrait" is just one of the pieces he has owned. It was put up for auction at Christie's in 2016 with a realised price of over £3.5 million (over $4.7 million).
He has 40 full-time employees around the world, costing him $300,000 a month, including personal security for him and his family every hour of every day.
Over the years he has also spent $10 million to support his 'friends, family, and certain employees,' according to TMG.
This includes living expenses for his sisters and late mother. He bought his mother a multi-million dollar home in Hollywood, as well as a $35,000 a month residence for her when she was ill.
Depp also funded a start-up music label run by a childhood friend. It cost him over $4 million with no revenue before he ultimately cut funding.
Perhaps his most peculiar expense is the $3 million he spent to fulfil friend Hunter S. Thompson’s dream of having his ashes "blast from a specially-made cannon" over Aspen, Colorado following his death in 2005.
And, if that's not enough, he allegedly has $55,000 still owing on a Visa card.
Johnny we hope you get it all sorted out!
Buy the entire gallery
Twenty Michelin chefs gathered on March 28th, 2017 in Marbella at the Fourth Edition of A Cuatro Manos by Dani García
A 4 Manos 1st day Dani Garcia ** and Jonnie Boer *** on 27th of March 2017
Please enter an email!
Please enter your password