Johnny Depp spent $3 million to blast Hunter Thompson’s ashes out of a cannon. He spent $18 million on a 150-foot yacht. He spent $4 million on a failed record label. He spent $30,000 a month on wine, $200,000 a month on private planes, $150,000 a month on around-the-clock security, and $300,000 a month to maintain a staff of 40 people.
All of these expenses — contained in a blistering countersuit filed Tuesday by Depp’s ex-managers — led him to the brink of financial ruin, the suit alleges.
The suit comes in response to Depp’s own lawsuit on Jan. 13, which accused the Management Group (TMG) of defrauding him out of tens of millions of dollars. Depp alleged that TMG had mismanaged his finances, took out loans without his approval, and hidden the perilous state of his affairs from him.
Depp claimed he only realized the gravity of the situation when TMG advised him to sell a large piece of property in France to pay his debts. He ultimately fired TMG and hired a new manager, at which point he alleged that the misconduct came to light.
However, TMG alleges in its countersuit that Depp was kept fully informed that he was spending more than he was taking in.