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Johnny Depp blew threough $650 million

"Hey, I'm Johnny. Good to meet you."

He reaches out a right hand whose fingers recently had their tats changed from "slim" – a reference to his ex-wife Amber Heard – to "scum."

"So are you here to hear the truth?" asks Depp as Russell brings him a glass of vintage red wine. "It's full of betrayal."

It's estimated that Depp has made $650 million on films that netted $3.6 billion. Almost all of it is gone. He's suing The Management Group, run by his longtime business manager, Joel Mandel, and his brother Robert for negligence, breach of fiduciary duty and fraud.

The Mandels categorically deny all wrongdoing and are countersuing, alleging that Depp breached his oral contract with the company. The suit suggests that Depp has a $2-million-a-month compulsory-spending disorder, offering bons mots like "Wine is not an investment if you drink it as soon as you buy it." Depp was continuing to "concoct malicious and false allegations" against the company, according to TMG's countersuit, because TMG had filed a private foreclosure notice on one of Depp's properties, claiming Depp owes TMG $4.2 million in unpaid loans.

Depp's inner circle had begged him to not wed Heard or to at least obtain a prenup. Depp ignored his loved ones' advice. And there were whispers that Depp's recreational drug and alcohol use were crippling him.

As Depp's mind leads us down various rabbit holes, I often think of a line that he recited as the Mad Hatter in Alice in Wonderland: "Have I gone mad?"

Depp seems oblivious to any personal complicity in his current predicament.

"I imagine Johnny doing a version of Jack Sparrow at 70, at 80," his friend Penélope Cruz tells me. "It will be as charming and as great." But the things that were charming when he was 28 – doing drugs and running around the scaffolding on a high floor of Atlantic Records' L.A. building – seem disturbing at 54. (Cruz ends our conversation by telling me about Depp trying to pull his own tooth at a London restaurant while having dinner with her and Stella McCartney.)

Boyish insouciance has slowly morphed into an aging man-child, still charismatic but only in glimpses. If his current life isn't a perfect copy of Elvis Presley's last days, it is a decent facsimile.

"The monofilament that goes through all my characters, if you really look, they're all fuckups. They're broken."

TMG filed a thermo-nuclear complaint last summer. The lawsuit described the actor as a spoiled brat with no impulse control. Kump noted TMG had never been sued by any of its other clients and that "Depp lived an ultra-extravagant lifestyle that often knowingly cost Depp in excess of $2 million a month to maintain, which he simply could not afford." The suit claims Depp did give millions to Christi and other friends and family, but that the star knew all about it and still employed those who benefited from his money.

Kump pressed on, arguing that "Depp has also spent millions to employ an army of attorneys" – in addition to his longtime personal attorney Bloom – "to bail him out of numerous legal crises" and pay "hush money." Some of the charges seem like cheap shots. TMG offered no specifics about the hush money and legal crises. His taxes? The suit alleges that they were paid late because Depp was chronically cash poor.

The purchases listed by TMG read like Depp gave his wallet to a tween with ADD. There was $75 million for 14 residences. He spent $3 million to shoot his pal Hunter S. Thompson's ashes into the sky from a cannon. A mere $7,000 to buy his daughter a couch from the set of Keeping Up With the Kardashians. He bought some 70 guitars and 200 pieces of art, including Basquiats and Warhols, owned 45 luxury vehicles and spent $200,000 a month on private air travel.

Then things got personal. According to the suit, Depp kept a sound engineer on the payroll so he could feed him lines through an earpiece while filming. This Depp does not deny, saying the sounds fed to him made him act with just his eyes.

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Sounds like a future suicide.

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by Anonymousreply 15June 22, 2018 1:36 PM

How do you read about this and not lose a shit ton of respect for Depp. So much good that could have been done with that much $$.

by Anonymousreply 1June 22, 2018 5:19 AM

Apparently the surname Depp means "fool" in German.

What a coincidence!

by Anonymousreply 2June 22, 2018 9:06 AM

So what were the numerous 'legal crises', and why did so much hush money need to be paid? What kind of jams was he getting into?

I can't feel sorry for someone like this, who had more than most people could ever dream of.

by Anonymousreply 3June 22, 2018 9:17 AM

[quote]A mere $7,000 to buy his daughter a couch from the set of Keeping Up With the Kardashians.

by Anonymousreply 4June 22, 2018 9:26 AM

Nor was he that talented as an actor to begin with (IMHO)... "He was pretty once" could be his epitaph.

by Anonymousreply 5June 22, 2018 9:41 AM

If he needs some cash he should just sell a couple of his 14 massive, multi-million dollar properties.

by Anonymousreply 6June 22, 2018 9:42 AM

Depp has sold off some of his properties. He sold his 5 condos in the Eastern Columbia building.

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by Anonymousreply 7June 22, 2018 9:44 AM

It’s a shame with all those resources that he hasn’t been able To function like an adult. But that’s how a lot of celebrities behave. He is in capable of making decisions in his best interest and in the best interest of those around him. He has brief moments of agreeing to do things and then does not follow through. It doesn’t matter how much money you have if you don’t understand Or respect money. But clearly he is a serious substance abuser.

I like how the journalist implied that Depp was using Cocaine without stating it specifically.

by Anonymousreply 8June 22, 2018 9:48 AM

Already a thread about the Rolling Stone article. It even used the same link you did, and you couldn’t find it?!

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by Anonymousreply 9June 22, 2018 10:10 AM

r9 - so what? who cares?

by Anonymousreply 10June 22, 2018 10:59 AM

We have a great big long thread about this already! A good one, too.

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by Anonymousreply 11June 22, 2018 11:43 AM

He never had that much money. That was his worth. Supposing I have a million share of the Datalounge stock and it has a $1 per share value.

I don't really have a million dollars though my brokerage account will say I have a million dollars. If I start selling the shares the price will go down right away.

This is the same thing. His worth was 650 million (and that was probably twice what he was really "worth"), and it declined in value.

I know of someone who has a 1.5 million dollar condo in San Francisco. He can't sell it, so he doesn't "Have" that money. It probably would sell for a lot less, but he won't take less, so in order to get that amount, he'll have to wait quite awhile now.

by Anonymousreply 12June 22, 2018 11:55 AM

I want to borrow Melania's jacket for this thread. (Sorry, sick joke!)

by Anonymousreply 13June 22, 2018 1:11 PM

[quote]who cares?

All the people who are interested in the subject and don’t want to navigate two threads or double post.

by Anonymousreply 14June 22, 2018 1:22 PM

OP, for FUCK'S sake do a FUCKING SEARCH!

by Anonymousreply 15June 22, 2018 1:36 PM
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