Entertainment

Johnny Depps Ex-Manager Alleges Star Spends $2 Million-A-Month

Katie Jerkovich Entertainment Reporter
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Johnny Depp now faces a countersuit from his ex-manager that alleged the star spends close to $2 million-a-month on luxuries.

On Tuesday, the 53-year-old actor’s former managing company, The Mandell Company, filled a suit in Los Angeles Superior Court in response to the actor’s $25 million suit against the company for “gross mismanagement” of his assets, which he claims led to his financial woes, according to Business Insider.  (RELATED: Johnny Depp Makes First Post-Divorce Red Carpet Appearance)

(Photo credit: REUTERS/Fred Thornhill)

(Photo credit: REUTERS/Fred Thornhill)

“TMG [Mandel Company] did everything within its power over the last 17 years to protect Depp from himself and to keep Depp financially solvent,” the complaint read. “However, ultimately TMG did not have the power or ability to control Depp’s spending or his numerous other vices, or to force Depp to make wiser financial decisions.” (RELATED: Johnny Depp Reveals What A Donald Trump Presidency Would Mean For The Future Of America)

Some of the more extravagant things the star has allegedly spent money on, according to the 31-page complaint, include $30,000 a month on wine, $75 million to “acquire, improve and furnish” 14 homes all over the world, “acquiring and maintaining” 45 luxury cars, and $10 million a year to support his friends, family and employees.

“For years, TMG repeatedly informed Depp and [personal manager/Depp’s sister Elisa Christie] Dembrowski and personal lawyer, Jake Bloom, that Depp was living beyond his means, and urged him to spend less and to sell certain expensive but unnecessary assets to repay loans and pay his taxes and living expenses,” the Mandel company states in the filing.

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