In February, Johnny Depp’s former business managers alleged that the actor is living an extravagant $A2.5 million a month lifestyle, complete with 14 houses, 70 guitars, and an enormous appetite for wine.
Now, new details have been released to The Hollywood Reporter about Depp’s credit card expenses after The Man del Company (TMG) were told by the court to “reframe their arguments about the actor’s spending.”
The battle began after Depp launched a $A31 million lawsuit earlier this year against 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 first cross-complaint, filed in February, 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 latest filing in the suit is a second amended cross-complaint from TMG.
The lawsuit lifts the lid, in extraordinary detail, on Depp’s alleged “extravagant and extreme” $A2.5 million a month spending habits.
We took a look through each of the documents to discover how the “Pirates of the Caribbean” star splurges his earnings. All of our figures are quoted in the TMG lawsuits, which are available in full here and here.
According to TMG, Depp has spent $A95 million to 'acquire, improve, and furnish 14 residences' around the world.
This includes a 45-acre chateau in the south of France, valued at $A17 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 refuses to fly in anything but a private plane, according to TMG, selecting a Gulfstream GV, costing him $A252,520 a month.
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 -- which cost him a further $A631,300 in rental fees.
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.
Depp's employees on his private island in the Bahamas racked up about $A1.26 million in charges related to the island's expenses, according to TMG.
Over the years he has also spent $A12.63 million to support his 'friends, family, and certain employees.'
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 $US35,000 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 $A5.05 million with no revenue before he ultimately cut funding.
Perhaps his most peculiar expense is the $A3.79 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.
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