Johnny Depp is speaking out after filing a lawsuit in January that alleged his former managers were not properly monitoring his spending.
In the $25 million lawsuit, Depp claims The Management Group’s negligence and fraud cost him tens of millions of dollars by steering him toward high-interest loans and failing to file tax payments on time.
In a countersuit, his managers allege that Depp was living a “selfish, reckless and irresponsible lifestyle” that cost $2 million per month. In their suit, TMG is asking for $560,000 in unpaid fees and a judgment that Depp alone is responsible for his finances.
In his first interview on the subject with The Wall Street Journal, Depp maintains that they are to blame, but in his argument, he flags some interesting items of dispute.
For example, the actor claims that the specially made cannon he acquired to blast his hero Hunter S. Thompson’s ashes out of cost $5 million, as opposed to the $3 million TMG claimed in their assessment of his lavish lifestyle.
Depp tells the WSJ: “It’s my money. If I want to buy 15,000 cotton balls a day, it’s my thing.”
According to TMG, Depp’s spending included $75 million on 14 homes and having wine flown to him wherever he was to the tune of $30,000 per month. The 53-year-old is also said to employ 40 staff members, own 45 luxury cars and a 150-foot yacht.