The lifestyle of the rich and the famous comes with a price tag many of is couldn’t begin to imagine, no example of which could be better than Johnny Depp.

According to a lawsuit filed with the Los Angeles Superior Court by The Management Group (TMG), during the filming of Pirates of the Caribbean: Dead Men Tell No Tales Depp was struggling to keep himself from financial ruin due to his lifestyle. He’s reportedly got 14 different homes, a yacht and a monthly wine bill that would put your yearly rent check to shame. Basically, he’s got everything many of us wish for on a too-often basis.

According to a lawsuit filed with the Los Angeles Superior Court by The Management Group (TMG), during the filming of Pirates of the Caribbean: Dead Men Tell No Tales Depp was struggling to keep himself from financial ruin due to his lifestyle. He’s reportedly got 14 different homes, a yacht and a monthly wine bill that would put your yearly rent check to shame. Basically, he’s got everything many of us wish for on a too-often basis.

According to the lawsuit, TMG is suing Depp for breach of contract and promissory fraud, pleading with the courts not to be swayed by his status. Their reports have it listed that his properties cost around $75 million to purchase and continue upkeep, the yacht was $18 million and each month he purchases around $30,000 worth of wine. Twelve separate storage units contain the actor’s collection of Hollywood memorabilia and fine arts, which he utilizes private jets to go buy. As his fame increased so did his appetite for the lavish, pushing his lifestyle beyond the means of what he could afford.

Initially he would ask for advances for acting in the movies he starred in, mainly from Disney, but eventually, that transformed into taking out loans from City National Bank. When he got an eye on a property he wanted there would be no talking him out of it, he had to have it. To help him out there, CNB and the First Republic Bank gave him several residential loans. One thing about borrowing money, however, the people you borrow from eventually want that money back and you can’t pay it when you’re in the red already. Not to mention, most of us never see this situation coming, which goes a long way in compounding the problem.

The reports state that multiple attempts to speak with Mr. Depp about switching up his habits a bit proved unsuccessful and were often met with profane tirades of narcissistic rage. They even go so far as to state that Depp would abuse the financial advisors and inform them how they’ll just work harder to get him what he wanted. A report from back in 2008 outlines an email advising Him against the purchase of a new home, to which he responded by purchasing the house.If these accounts are true then we have one very high pedestal to see the actor fall from, though we hope it doesn’t come to that (his movies are pretty good).

Depp has promised more than once to change his ways, but it never happens. Finally, it’s time to face the music, though someone needs to tell that to him! Just last month he filed a lawsuit against TMG under the claims that his new business manager found serious misconduct’, though the management group is under the impression it’s only to stall the foreclosure proceedings they started in an attempt to get back the $4.2 million he has left to pay.

5 COMMENTS

  1. I love you Johnny, always been a fan for so long now I can’t count. No matter what happens, cause true fans and true love will never turn away from you. Even if someone does something wrong, if it is wrong, we are too truly love that person, even when they may not agree or understand! I love ya cause I am a true fan of yours and always will be!!!

  2. And don’t we all have a right to spend our own money how we wish too!!??? People need to mind there own business!!!
    I have been controlled most of my whole life myself (50 + yrs), till about 2yrs ago, and it sucked. We are our own person and no one should be controlled by others!!
    I now control myself and do as I wish. If we have to suffer any consequences for things, it should be cause of our own actions..-.now because someone else controlled it!

  3. It is Johnny’s money ,he made it and he has the right to spend it Property is an investment and it will pay off later, He has a right to be able to relax .Johnny will make more money,the latest Pirates proved that.He is booked solid for the next five years.He has the band and all the moneymaking things that go with a band and movie career. Sounds like Johnny caught somebody with their hands in the cookie jar.

  4. Why do all of these people support people like this? (if this is true of course) with all that money you could give every person in Florida 10k and still be rich, but no you have to have 14 houses. I know i’m wasting time and energy even typing this because i’m more than sure that Johnny and numerous other folks have heard my outcry and shame that myself and others have, but I just wish that people especially rich like this were more considerate to others and no, donating to a cancer society that pays its CEO 750k a year is not helping others that really need it. I’m so tired of struggling Lord just wipe away these burdens please.

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