Johnny Depp Says Ex-Managers''' Negligence Led Him to His Current Financial Crisis

 

Ok, if his former management team stole from and/or defrauded him, then they should pay it back and be punished. HOWEVER, after reading the article, seems like Depp is just delusional and his own worst enemy financially. Just read some of his comments...guy is in lala land.

 

Johnny Depp's ex-managers, in a lawsuit, allege that the actor's extravagant spending led to his losing millions of dollars. Depp disagrees.

 

"Why didn't they drop me as a client if I was so out of control?" Depp told the Wall Street Journal. "I've worked very, very hard for a lot of years and trusted a lot of people, some who've clearly let me down."

 

Depp sued The Management Group in January, claiming that after he fired them, his new business manager discovered misconduct in the form of TMG collecting fees he never agreed to, failing to file Depp's taxes on time and loaning out his money without authorization. Depp believes TMG led him to be more than $40 million in debt.

 

In a countersuit, his ex-managers Joel and Robert Mandel said their company did what they could with Depp's finances, but it was the actor's expensive lifestyle that was his downfall.

 

 

"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."

 

Read more: Johnny Depp Lives $2M-a-Month Lifestyle, Claim Ex-Managers in Lawsuit

 

Now Depp, seeking $25 million in damages for fraud and negligence, says it is his freedom to spend his money as he wishes.

 

"It's my money," Depp said. "If I want to buy 15,000 cotton balls a day, it's my thing."

 

Depp added that his ex-managers lied about certain aspects of his lifestyle that they detailed in their suit, which included his 14 residences, the $18 million Depp paid for a luxury yacht and $30,000 per month spent on wine.

 

"Depp also paid over $3 million to blast from a specially-made cannon the ashes of author Hunter Thompson over Aspen, Colorado," read the managers' cross-complaint.

 

Depp corrected that too, saying the cannon, in fact, cost him $5 million.

Dude, you don't need a financial adviser to not blow all of your money like a jack wagon.

Johnny Depp is #2 on the list of actors whom I dislike.

So he's broke and beats women....Yeah, he's a loser.

So he's broke and beats women....Yeah, he's a loser.

 

I'm not so sure he beats women. That last woman he was with seems like a total whack job to me.

$2MM/month cost of living? I would really like to see an itemization for this. It'd probably blown one's mind.

$2MM/month cost of living? I would really like to see an itemization for this. It'd probably blown one's mind.

 

I didn't read the article but I hope that $2M amount includes mortgage(s) and/or rent.

Two million a month is $64,500 A DAY. You deserve to be broke if you're that careless with your money.

Two million a month is $64,500 A DAY. You deserve to be broke if you're that careless with your money.

 

I wonder if Depp has been running with Allen Iverson, Antoine Walker and Warren Sapp.

He was great in 3 movies...OK in a few and a wacko in the majority.

I didn't read the article but I hope that $2M amount includes mortgage(s) and/or rent.

 

14 homes and he spent $5 million on a cannon to shoot Hunter S. Thompson's ashes in Aspen, CO. Coo-coo.

14 homes and he spent $5 million on a cannon to shoot Hunter S. Thompson's ashes in Aspen, CO. Coo-coo.

 

Like I said, deserves to be broke.

14 homes and he spent $5 million on a cannon to shoot Hunter S. Thompson's ashes in Aspen, CO. Coo-coo.

 

Early on in his career I sorta thought that I dug him, and while I continued to try, little by little I just couldn't.

 

As an actor, though I found some of his stuff interesting, his pirate thing mostly got on my nerves, and his Willy Wonka was the beginning of the end for me.

 

In interviews he makes me uncomfortable, and doesn't know how to just relax and perhaps even laugh once in a while, and not take himself so seriously, not to mention his pretentious annoying European accent, which I assume makes him think that he sounds sophisticated.

 

Dude, you're from Kentucky.