Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Johnny Depp branded 'habitual liar' by former business team amid battle over spending

Actor was previously criticised by The Management Group for lifestyle that saw him spend millions each month on property, private jets and fine wine

Roisin O'Connor
Thursday 27 April 2017 05:15 EDT
Comments
Johnny Depp's former business managers have hit back at claims that the company 'let him down'
Johnny Depp's former business managers have hit back at claims that the company 'let him down' (Getty)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Johnny Depp's former business team has branded the actor a "habitual liar" after he claimed in an interview that they had "clearly let him down".

Depp sued The Management Group in January for more than $25 million over claims of fraud and negligence.

The Management Group then counter-sued, accusing the Pirates of the Caribbean star of spending inordinate amounts on property, private jets, art and fine wine.

Other spends listed in the suit included $3 million to fire his friend Hunter S Thompson's ashes out of a cannon, $18 million on a 150-foot yacht, and $4 million on a failed record label.

TMG claimed that the total cost of Depp's lifestyle per month exceeded $2 million.

In an interview with the Wall Street Journal, Depp questioned why the group had not dropped him as a client over his spending.

"It's my money," he said. "If I want to buy 15,000 cotton balls a day, it's my thing."

In response, David Shane, a spokesman for TMG, told AP that the actor is "a habitual liar who denies responsibility for his own outrageous conduct".

"Johnny Depp and his sister were involved in every significant business decision during the 17 years TMG represented him," he said.

"Depp now admits to his extravagant spending but blames TMG for not dropping him as a client."

Depp has also taken further legal action against TMG. The WSJ reports that his lawyers have said in filings to Los Angeles Superior Court that they have "significant new information, including documents and testimony" from a former TMG employee concerning "misconduct in managing Mr Depp's affairs".

However a business team spokesman says Depp is relying on "dishonest, discredited statements from a vindictive former TMG employee who was fired seven years ago - at which time the employee vowed to get TMG back".

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in