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.
Johnny Depp talking to his financial managers
Pirates. Blow. Gilbert Grape. All epic.
Apparently, for Johnny, it hasn’t been enough. Depp has fired his management company, and after investigations, has found that this management company is the reason he’s $40 million in debt. He has also set a lawsuit against them.
Depp’s ex-group, the shadily named The Management Group (shady right?) has blamed Depp’s expensive lifestyle for his downfall. Depp spent 2 million per month which he could not afford. Depp has bought yachts, and luxury wine, and has 14 residences.
So let’s just stop right here. This is a story of pure greed and mismanagement. Johnny, I love you – idolized you in Blow. But Johnny, how do you mismanage 40 million? Better yet, how do you let someone else mismanage your money and pay them for it?
And on top of that, how do you trust a company called The Management Group? I’d rather trust Neuralink and they are fucking with brains.
14 residences? Johnny, liquidation always works.
And how do you only make 40 million from all those Blockbusters? Johnny, if you need a new negotiator, friend, financial manager, Buddha, and/or a lawyer, I’m here for you. I won’t use big words, BUT I guarantee I won’t lose $40 million of your money.
Pure stupidity people. Be smart with your $30,000 annual salary – even celebs are broke.