23 Jul Johnny Depp’s Former Management Reveals His Lavish Spending Habits
Johnny Depp has been in the news a lot lately for all the wrong reasons. When the Kentucky-born actor first appeared on the entertainment scene as a heartthrob in the 1980s television series 21 Jump Street, few could have predicted that he would end up embroiled in allegations of domestic abuse, an acrimonious divorce and serious financial difficulty. His marriage to actress Amber Heard came to a sudden end amid Heard’s repeated claims that Depp was erratic and abusive, causing her to fear for her life. This claim was later substantiated by his former management team whom, according to court documents, ‘knew he abused his ex-wife’ and were aware that he had ‘sometimes gotten physical’ in their relationship. 31 year old Heard also released text messages appearing to show her discussing the ongoing abuse with a member of his team.
In addition to the breakdown of his marriage, Depp is also caught up in a legal battle regarding his finances. The 54-year-old is reportedly “so broke” that he has fired his longtime manager Tracey Jacob who signed him during his 21 Jump Street days, all because he was no longer willing and/or able to pay her commissions on his blockbusters. This is particularly shocking, as Depp is believed to have earned up to $650million from his illustrious film career, notably from the Pirates of the Caribbean franchise. Now, Depp is at risk of losing several properties due to his inability to keep up with mortgage payments and may be forced to sell some of them, including a town – yes, he bought a small town, he purchased near St Tropez.
Depp is blaming his business managers for his money troubles, and is suing them for “gross mismanagement” of his finances to the tune of $25million. The Mandel Company has counter-sued Depp for breach of oral contract, breach of written contract and promissory fraud among other allegations. The company claims that Depp’s extravagant lifestyle is responsible for his current situation, despite repeated attempts to caution him.
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