Tag Archives: inside-the-box

As we reported earlier this week, several sources are claiming that Johnny Depp is flat broke , as a result of years of extravagant spending on incredibly posh luxury items. Some of his financial woes are the result of his wildly expensive divorce from Amber Heard , which has cost the actor than $7 million in settlement cash, to say nothing of what he was forced to fork over in terms of assets and legal fees. All told, the ill-fated marriage probably plundered Captain Jack’s treasure chest for upwards of 10 mill, but that’s chump change to a screen icon with a wildly lucrative Disney franchise, right? Well – not if the stories about Depp’s spending are true, and as unbelievable as they sound, they come from a reliable source. Depp recently tried to sue his financial management firm, TMG, for mishandling his funds. TMG countersued, and the court documents published by several media outlets paint a picture of a man who loves the high life and spends without a thought for his own future. The spending habit that’s grabbed the most headlines is Depp’s tendency to spend upwards of $30,000 a month on wine. At $360,000 a year, that’s certainly a lot of high-end vino, but by itself the costly vintages wouldn’t put too much of a dent in Depp’s bank account. After all, this is a guy who’s pulled in $25 million a picture for the Pirates of the Caribbean movies, plus back-end percentages on everything from box office to merchandising. By some estimates the franchise has earned him upwards of half a billion dollars. The actor has even said that he was “overpaid” for this films, confessing that he made “stupid money” and did it solely to ensure a comfortable future for his kids. Unfortunately, if TMG’s claims are to be believed, there may not be much for left over for Lily-Rose and Jack Depp. The company alleges “extravagant and extreme” spending on Depp’s part that left in the position of being forced to pay his income taxes late several years in a row. And just what in the hell did he blow all that cash on? Well, in addition to those crates of ’47 Bordeaux, Depp dropped an unknown quantity of cash on the ultimate celebrity status symbol: a private island. And, of course, no Bahamian paradise would be complete with a massive yacht: Depp’s 150-footer reportedly cost $18 million. It seems the actor’s passion for transportation isn’t limited to the seas, as he’s spent untold millions on a collection of about 45 classic cars, and drops a reported $200,000 a month on his Gulfstream GV private jet. (Depp refuses to fly commercial, which should come as no surprise at this point.) But as much as he likes to move around, Depp also appears to enjoy time at home – or should we say homes ? TMG claims he recently spent $75 million to “acquire, improve, and furnish 14 residences” around the world. So yeah, it’s not hard to see why Depp might be dragging his feet on forking over Heard’s divorce cash – as well as looking for someone to blame for his financial situation.

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Johnny Depp: Where Did All His Money Go?