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7 Ways Johnny Depp Burned Through $2 Million a Month?

Image: 7 Ways Johnny Depp Burned Through $2 Million a Month?
Johnny Depp arriving at Japan premiere of his latest "Pirates of the Caribbean" film in Tokyo. (Shizuo Kambayashi/AP)

By    |   Friday, 01 September 2017 03:45 PM

Extravagant spending habits of the Filthy Rich and famous are forefront after CNBC highlighted the various ways ageless Hollywood star Johnny Depp could burn through $2 million a month.

It’s no secret there’s been a raging legal battle between the 54-year-old actor and his management company The Management Group (TMG), which claimed Depp wasn’t shy about forking out big bucks for his lavish lifestyle.

Depp filed a lawsuit in 2016, claiming to have lost millions of dollars due to TMG’s mismanagement of funds. The management company counter-claimed, saying Depp mismanaged his funds.

Whatever, and without getting into per-month calculations, the 10,000-foot level figures tossed out in TMG’s lawsuit give pause to admire or admonish such lavishness.

1. $300,000 per month on staff – Depp has been spending massive amounts on 40 full-time employees around the world, per the suit. This includes hiring security guards for year 24/7 protection all year round.

2. $200,000 on travel – Depp reportedly will only fly via private plane, which has racked up the expenses over the year, per the suit.

3. Millions on art and collectibles – According to TMG’s lawsuit, Depp has spent millions of dollars acquiring and maintaining a massive art collection that includes over 200 collectible pieces, world class jewelry and approximately 70 collectible guitars. Further, he has spent more than a million storing it.

4. $75 million on home renovations – Depp has spent lavishly on acquiring, improving and furnishing 14 residences, which includes a 45-acre chateau in the south of France, as well as a chain of islands in the Bahamas, multiple houses in Hollywood, several penthouse lofts in Los Angeles and a fully functioning horse farm in Kentucky, per the suit.

5. Over $18 million on a yacht – Depp didn’t bat an eye when he spent millions on a 150-foot luxury yacht. He also reportedly spent millions more on buying and maintaining at least 45 other luxury transports, mostly vehicles, per the suit.

6. $30 000 on wine – The actor is not afraid of paying for quality wine and has expensive wines flown to him from around the world, per the suit.

7. Over $3 million to blast a cannon – Seizing the moment, Depp paid millions to blast a specifically-made cannon over Aspen, Colorado, per the suit.

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Extravagant spending habits of the Filthy Rich and famous are forefront after CNBC highlighted the various ways ageless Hollywood star Johnny Depp could burn through $2 million a month.
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Friday, 01 September 2017 03:45 PM
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