Earlier this month Johnny Depp, actor and alleged domestic abuser, filed a $25 million fraud lawsuit his former business managers at The Management Group (TMG).
In his complaint, Depp's lawyers claim, “As a result of years of gross mismanagement and sometimes outright fraud, Mr. Depp lost tens of millions of dollars and has been forced to dispose of significant assets to pay for TMG’s self-dealing and gross misconduct.”
Well, now according to Deadline, TMG has filed a countersuit claiming that Depp's financial woes are his own doing.
In their suit, which seeks $560,000 in what they say are unpaid commissions and credit card fees, they claim that 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.”
Depp's former managers claim that they were repeatedly warning him to curb his overspending during the 17 years they worked with him. They claim they even warned him to get a prenuptial agreement before marrying Amber Heard. A divorce that eventually lead to the revelation he is allegedly an abuser, and a $7 million settlement.
But back to the $2 million a month thing.
How is that even possible!?
According to TMG's complaint, which you can read here, Depp spent money like like crazy. The following expenses show how it's possible he thought spending $2 million a month was just a perfectly normal thing to do:
- $75 million on 14 homes, including a 45-acre chateau in the South of France, a chain of islands in the Bahamas, multiple houses in Hollywood, multiple penthouse lofts in downtown Los Angeles and a horse farm in Kentucky. Then on top of that he had to pay taxes, upkeep, insurance, and staffing costs for all of them.
- $18 million to “acquire and renovate a 150 foot luxury yacht.”
- Several million to buy and maintain 45 luxury vehicles.
- $30,000 per month on wine he had flown in from around the world for his personal consumption.
- $3 million to blast the ashes of writer Hunter S. Thomspon out of a custom made cannon in Aspen, Colorado.
- Millions "to acquire and maintain a massive and extremely expensive art collection including over 200 collectible pieces and works by world famous artists such as Warhol, Klimt, Basquiat, and Modigliani".
- Millions on "many pieces of expensive world class jewelry" and "70 collectible guitars"
- Millions on "12 storage facilities" worth of Hollywood collectibles and memorabilia relating to icons such as Marilyn Monroe, John Dillinger and Marlon Brando. Then an additional cost of over $1 million to archive the collection.
- $10 million over the years supporting various friends and family, including a $4 million investment in a friends failed music label.
- $300,000 per month on 40 full-time employees.
- $150,000 per month on "24/7, 365 days a year” full-time security guards for himself and his family.
- $200,000 per month on private planes.
Yet not a single cent on shampoo?
Only time, and a jury, will tell as to who's right here. But, the schadenfreude is real.