Johnny Depp’s Flying Financial Fiasco

Everyone’s favourite off the wall actor, Johnny Depp, 53, known for his esteemed roles in great films from yesteryear, like playing Hunter S. Thompson in Fear and Loathing in Las Vegas and also playing George Jung in the movie Blow, but he has in the last fifteen years or so, basically and solely played the role of captain Jack Sparrow in the Disney franchise Pirates of The Caribbean, over and over again, like a never-ending saga of complete and utter deja vu.

So, you’d think his finances were watertight and under control after five Pirates movies, right? However, this is hardly the case, as has been effervescently reported over the last few months, as he’s embroiled in a dispute with his former financial management team, over missing money. So, what gives?

Well, Johnny Depp just gave us another performance in Dead Men Tell No Tales as Jack Sparrow again, then so surely he’d have enough money to hold himself over, right? Wrong! Well, if this latest news is anything to go by.

Johnny Depp has fallen on hard financial times. – Credit: EarnTheNecklace

In order to get back on safe financial ground, Johnny Depp is selling his possessions, however, he won’t part with his private jet, which is probably one of the most expensive possessions that any celebrity can own, apart from a Yacht, of course. Johnny Depp, said “Flying commercial would be a f***ing nightmare”.

We may agree that he has a point, as he’d probably be harassed even in first class, but in hindsight, surely he’d be able to sit with the common (jokes) people in First class, right? But no, Jack Sparrow says to “hell with that idea”.

His former management company TMG that he is suing for mismanaging his money, counter struck him with a 109 page file, claiming all the spending and crazy sprees were all his own doing, documented over various emails and presumed receipts. The feud has now been going on since circa 2009 when the holes and warnings of financial spiralling first began, and they’ve showed no signs of letting up, since then….

Joel Mandel, the businessman at TMG, that Depp is feuding with, told him in these emails inside the report, to cut back on holiday spending, and highly advised him to set himself a budget for the Dilinger Museum auctions, but clearly Johnny Depp was having none of it and the spending spiralled out of control from there. Like money falling into a water well,

According to some documents that were obtained by Deadline, Johnny wrote to Joel:

Dear Joel…

First, thank you for dealing and getting me through. Secondly, I am doing my very best on holiday spending, but there is only so much I can do, as I need to give my kiddies and family as good a Christmas as possible, obviously within reason. 

But, regarding the plane situation, I don’t have all that many options at the moment. A commercial flight with paparazzi’s in tow would be a f***ing nightmare of monumental proportions. Forget the dillinger auction. Don’t need it.

Know that I will be starting THE TOURIST, on or about the 15th of february; which will be 20 mil. I will then go, virtually, straight into PIRATES 5, for 35 mil and then in turn to DARK SHADOWS for another 20 mil. 

I hope that by the amount that will be coming in from work in the coming year and also from back end proceeds, etc., will put everything straight.

What else can I do??? you want me to sell some art??? I will. You want me to sell something else??? Sure… what??? [sic]

Boat is going to be chartered at new years and Sony will then charter it for the TOURIST shoot in Venice. Other than that, I got bikes, cars, property, books, paintings and some semblance of a soul left, where would you like me to start???

I don’t like being in this situation, but there wasn’t a whole lot of choice, as THE RUM DIARY was a sacrifice we knew would be happening and the last proper paycheck was PUBLIC ENEMIES. I will do my best, Joel.(sic)’

Johnny Depp’s private plane has served him well over the years. – Credit: Fanpop

Quite clearly there’s $20 million deals per film there and yet, Depp couldn’t keep his finances in check, still?

Well, we think this is mysterious to say the very least, and it makes you wonder what some celebrities actually spend their money on. Johnny Depp spent around $30,000 a month, only on wine. Wow! Here’s an interesting piece by The Telegraph, outlining some of Depp’s outrageous spending habits.

Joel had correspondence with Depp’s sister, Christi Dembrowski in 2010, detailing that Depp’s accounts were almost $4 million overdrawn, and requests for Depp’s signature were sought to secure a $6 million loan.

TMG maintain their innocence and say that Depp was aware of the financial situation. TMG told E! News: “Depp wants to deny this discovery because it will establish that TMG did everything within its power to make Depp, and all of his closest advisors, fully aware of Depp’s financial condition. If TMG was trying to hide Depp’s finances to cover-up their alleged misconduct, they would not have repeatedly advised Depp’s long-term personal lawyer, Jake Bloom, and his longtime agent, Tracey Jacobs, regarding the situation.”

Imagine all that money, just gone with the wind like that? Will Jack Sparrow uncover a new treasure to regain his financial control, or will he just have to sell his art collection or his Yacht? Either way, we reckon Johnny Depp should be okay and he got out of that last marriage relatively unscathed, so there’s always that to celebrate too.

Go on Johnny, we’d like to see you star in some more great films, apart from starring in the Pirates films, please! You got this! It’s all going to be okay…

Brainstain, over and out!

<Story by The Narrator> 

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