Johnny DeppThe Management Group (TMG)Files Suit

TMG blames Depp’s $2m-a-month lifestyle for money problems

1 Feb, 2017

In a countersuit, TMG says Depp’s financial troubles are caused by a lavish $2m-a-month lifestyle. While Depp says the business managers have mismanaging his earnings, failed to file taxes on time, and owe him more than $25m, TMG claims the star spent more than $75m on 14 homes and needed 12 storage facilities to house his collection of Hollywood memorabilia, as well as spending $18m on a luxury yacht and $30,000 a month on wine. TMG:

Depp is fully responsible for any financial turmoil. He has refused to live within his means, despite… repeated warnings about his financial condition.

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