Johnny Depp's $2 million a month "financial turmoil"

The Hollywood superstar parted with $3m to fulfil the late Hunter S Thompson's final wish...

Johnny Depp's $2 million a month "financial turmoil"

Johnny Depp attending a photocall for new film Alice Through the Looking Glass at the Corinthia Hotel in London. Picture by Ian West PA Archive/PA Images

Vintage wines, yachts and firing old friends out of cannons – all of it combined apparently comes at a monthly cost of $2 million as the extent of Johnny Depp's lavish lifestyle is revealed by his old managers.

The revelations about the Pirates of the Caribbean actor's finances arrive as his former business managers hit back at claims they mismanaged his finances.

The 53-year-old actor sued The Management Group (TMG) for $25m roughly two weeks ago and TMG has quickly responded in kind, with attorney Michael Kump stating that it did "everything possible to protect Depp from his irresponsible and profligate spending".

Filed in the Los Angeles Superior Court, the countersuit then goes on to detail the extent of Depp's supposed extravagance.

Impressively, on a list that contains the purchase of a 150-foot yacht, flights on private jets and 12 storage facilities worth of Hollywood memorabilia, there is one purchase that particularly stands out.

It has long been known that Depp honoured the wishes of his late friend, gonzo writer Hunter S Thompson (who he portrayed in Fear and Loathing in Las Vegas) by firing his ashes out of a cannon back in 2005. Now we know that that grand, fireworks-laden gesture set him back a cool $3 million.

Hunter Thompson, left, and Johnny Depp at the premier of the film adaptation Fear and Loathing in Las Vegas in New York on May 19, 1998. (AP Photo/Kathy Willens, File)

His love for wine of a certain vintage was also putting a $30,000 hole in his pocket each and every month.

Depp has parted with over $75m to "acquire, improve and furnish 14 residences", which includes his chateau in France and a chain of Bahamas islands. It costs him $10m annually to support his entourage, friends and family.

TMG worked for Depp from 1999 until early 2016, and insists that his tax returns were always filed on time and that taxes were paid when the actor had money available.

Depp is alleging that they failed to pay his taxes on time, resulting in penalties of $5.7m.

TMG argues that it repeatedly warned Depp that this level of spending was not realistic but the ignored advice.

The suit states:

"Depp, and Depp alone, is fully financial turmoil he finds himself in today."

Kump told Deadline that this was the first time in 30 years that TMG had been sued by a client.

“The only reason Depp filed this lawsuit was to interfere with TMG’s ongoing efforts to be repaid on the loan they had made to bail him out," he said. "TMG worked day and night to professionally manage Depp’s business affairs, adhering to the highest standards.”