Lost $650 BILLION: Another Hollyweirdo Goes Broke
Karma notwithstanding, I’d like to see all Hollyweirdos and other Leftist entertainers go broke.
These people can’t remember what it’s like to actually have to earn a buck. That not what pisses me off about them, however.
As we all know, Hollyweirdos believe they matter in more than their stupid movies. Thus, they inflict their ideas on us, when all we want them to do is act. Though we ignore them, their influence is felt, and their nutty ideas adopted. Because Leftist politicians have learned to use these Hollyweirdos in marketing silly Leftist notions. One such Hollyweirdo is Johnny Depp.
I’ve never been a fan of the brooding star who launched his career in earnest from 21 Jump Street. The “James Dean” act played out for me after I saw it for the, well 113th time.
The problem for Depp is he continues to be a rebel without a cause.
As The Smoke Room reports,
At one time the “Pirates of the Caribbean” was the proud owner of 14 properties around the world and an extravagant yacht to top it off. But after spending his $650 million in earnings over just a 13-year-span he’s been forced to sell some of his real estate and even worse he’s now selling his Kentucky horse farm at auction.
Depp’s 41-acre property in Lexington, complete with a 6,000-square-foot home, a guesthouse and three horse barns will be sold at auction next month, according to The Lexington Herald-Leader. The auction is set for September 15 and will be conducted by Halfhill Auction Group.
Depp, who is a Kentucky native, originally purchased the property in 1995. The 53-year-old actor later sold the farm in 2001 and bought it back again in 2005, according to Page Six.
How do you blow that kind of cheddar?
My guess is you must believe either one’s success can never end. Or you believe that money is easy to make. Depp’s financial fall from grace reminds me of Allen Iverson, who is said to have blown hundreds of millions during his basketball career. But Holy Mother of Gary Coleman, Iverson has an excuse; he’s black.
According to The Street, Depp lived well beyond his and most celebrities’ means:
Depp’s former managers claimed in a lawsuit countering the actor’s own suit earlier this year that the “Pirates of the Caribbean” star spends an extravagant amount of money on staff, real estate and even wine. Court documents obtained by The Hollywood Reporter say Depp lives a $2-million-a-month lifestyle and lists excessive splurges including $75 million on 14 residences, $18 million on a luxury yacht and $30,000 per month on wine.
“Depp lived an ultra-extravagant lifestyle that often knowingly cost Depp in excess of $2 million per month to maintain, which he simply could not afford,” writes Michael Kump, the attorney representing The Management Group, Depp’s former managers. “Depp, and Depp alone, is fully responsible for any financial turmoil he finds himself in today.”
The countersuit also claims Depp paid more than $3 million to blast the ashes of author Hunter S. Thompson over Aspen, Colorado with a specially-made cannon.
If the countersuit turns out to be true, then Johnny Depp will have a hard time blaming his management company.
Depp’s financial problems didn’t suddenly occur. He sold his Kentucky farm once, and then his self-inflicted financial crisis led to him list the farm for sale again in December. Things got so bad that he dropped the original asking price of $3.4 million down to $2.9 million. 41 acres and a 6,000 square foot house! Now Depp can’t buy a one-bedroom condo in Manhattan for what he hopes to get for this farm.
As I mentioned earlier, Depp sued his former financial advisers from The Management Group over his truly impressive loss of wealth. But clearly his problems are not their fault.
Back when they were still advising him, Depp began unloading his worldwide properties in an attempt to save him from financial ruin, but that clearly didn’t work out as planned. Rumors are that Depp refused to sell his private jet and cut back on his lifestyle. Throw in his ongoing battle with his former paramour and you have a recipe for destruction.
Perhaps Depp, Nicolas Cage, Tom Sizemore, and Kim Basinger can all do a reunion movie together and make a financial comeback? If they do, hopefully the studio will throw a dollar or two to 50 Cent?