Johnny Depp made $650 million but couldn't pay for his lavish lifestyle, ex-manager says

Many entertainment stars love the finer things in life, but it seems even the earnings of an A-lister like Johnny Depp couldn't sustain his wild indulgences.

The "Pirates of the Caribbean" star is currently in a public-relations tailspin following his messy divorce with actress Amber Heard, who alleged he had abused her, and filing a $25 million lawsuit against his former business mangers at The Management Group (TMG has countersued).

Things didn't get any better for Depp on Wednesday when The Hollywood Reporter ran a feature that goes deeper into Depp's financial woes.

TMG's Joel Mandel claims that even though Depp has earned more than $650 million in the 13-plus years the company represented the star, Depp didn't have enough liquid cash to cover his bills of $2 million a month.

See photos of Johnny Depp through the years:

30 PHOTOS
Johnny Depp through the years
See Gallery
Johnny Depp through the years
HOLLYWOOD, CA - MAY 23: Actor Johnny Depp attends the premiere of Disney's 'Alice Through The Looking Glass' at the El Capitan Theatre on May 23, 2016 in Hollywood, California. (Photo by Michael Boardman/WireImage)
HOLLYWOOD, CA - MAY 23: Johnny Depp attends the premiere Of Disney's 'Alice Through The Looking Glass' at the El Capitan Theatre on May 23, 2016 in Hollywood, California. (Photo by Todd Williamson/Getty Images)
HOLLYWOOD, CA - MAY 23: Actor Johnny Depp arrives at the Los Angeles Premiere 'Alice Through The Looking Glass' at the El Capitan Theatre on May 23, 2016 in Hollywood, California. (Photo by Jon Kopaloff/FilmMagic)
LONDON, ENGLAND - MAY 10: Johnny Depp attends the European Premiere of 'Alice Through The Looking Glass' at Odeon Leicester Square on May 10, 2016 in London, England. (Photo by Karwai Tang/WireImage)
LONDON, ENGLAND - MAY 10: (L to R) Mia Wasikowska, Sacha Baron Cohen and Johnny Depp attend the European Premiere of 'Alice Through The Looking Glass' at Odeon Leicester Square on May 10, 2016 in London, England. (Photo by David M. Benett/Dave Benett/WireImage)
Johnny Depp and Amber Heard pictured on arrival to Southport Magistrates Court on April 18, 2016 in Southport, Queensland.
US actor Johnny Depp gestures during his photo call in Tokyo on January 28 2015. Depp attended the Japan premiere of his latest action comedy movie 'Mortdecai' on January 27 which will be screened in Japan from February 6. AFP PHOTO / TOSHIFUMI KITAMURA (Photo credit should read TOSHIFUMI KITAMURA/AFP/Getty Images)
CLEVELAND, AUSTRALIA - JUNE 2: (EUROPE AND AUSTRALASIA OUT) American actor Johnny Depp, dressed as 'Captain Jack Sparrow', greets locals at Cleveland in Redland City, Queensland, after a day of filming 'Pirates of the Caribbean: Dead Men Tell No Tales'. (Photo by Peter Wallis/Newspix/Getty Images)
HOLLYWOOD, CA - JANUARY 21: Actor Johnny Depp attends the premiere of Lionsgate's 'Mortdecai' at TCL Chinese Theatre on January 21, 2015 in Hollywood, California. (Photo by Jason Kempin/Getty Images)
LONDON - JANUARY 10: Johnny Depp attends the Sweeney Todd film premiere held at the Odeon Leicester Square on January 10, 2008 in London, England. (Photo by Eamonn McCormack/WireImage)
POMPANO BEACH, FL - AUGUST 29: Johnny Depp greets fans after performing as part of the Sheila Witkin Memorial Reunion Concert at Club Cinema on August 29, 2008 in Pompano Beach, Florida. (Photo by Mike Franklin/FilmMagic)
HOLLYWOOD - FEBRUARY 24: Actor Johnny Depp and singer Vanessa Paradis attends the 80th Annual Academy Awards at the Kodak Theatre on February 24, 2008 in Los Angeles, California. (Photo by Jeff Kravitz/FilmMagic)
FRANCE - MAY 10: Festival of Cannes 97: Walking up the red-carpeted steps for 'The brave' in Cannes, France on May 10, 1997 - Kate Moss, Johnny Depp. (Photo by Pool APESTEGUY/BENAINOUS/DUCLOS/Gamma-Rapho via Getty Images)
Johnny Depp and Kate Moss during 'Donnie Brasco' Premiere at Century City Cineplex Odeon Cinemas in Century City, California, United States. (Photo by Barry King/WireImage)
Actor Johnny Depp (R) kissing girlfriend, supermodel Kate Moss (L). (Photo by Rose Hartman/The LIFE Images Collection/Getty Images)
Actor Johnny Depp attends the cast of 'Benny & Joon' present Planet Hollywood with memorabilias from the film on March 22, 1993 at Planet Hollywood, California.
BEVERLY HILLS,CA - MARCH 25: Actor Johnny Depp attends the 'Benny & Joon' Beverly Hills Premiere on March 25, 1993 at the WGA Theatre in Beverly Hills, California. (photo by Ron Galella, Ltd./WireImage)
CENTURY CITY,CA - FEBRUARY 1: Actress Winona Ryder and actor Johnny Depp attend 'The Silence of the Lambs' Century City Premiere on February 1, 1991 at Cineplex Odeon Century Plaza Cinemas in Century City, California. (photo by Ron Galella, Ltd./WireImage)
Actors Johnny Depp and Winona Ryder. (Photo by Time Life Pictures/DMI/The LIFE Picture Collection/Getty Images)
UNITED STATES - OCTOBER 01: Johnny Depp and Guest (Photo by The LIFE Picture Collection/Getty Images)
1995 file photo of Johnny Depp & Kate Moss (Photo by Barry King/WireImage)
1988 File Photo of Johnny Depp at the Nosotros Benefit in Los Angeles, California taken May 13, 1988 in Los Angeles, California (Photo by Barry King/WireImage)
Nicolas Cage & Johnny Depp (Photo by Barry King/WireImage)
Actor Johnny Depp attends the 18th Annual Los Angeles Police/Celebrity Golf Tournament on May 14, 1988 at Rancho Park Golf Course in Los Angeles, California.
SHERMAN OAKS,CA - DECEMBER 13: Actor Dustin Nguyen, actor Johnny Depp and actor Peter DeLuise attend the FOX Television Stars Feed the Homeless on December 13, 1987 at Sherman Oaks Galleria in Sherman Oaks, California. (photo by Ron Galella, Ltd./WireImage)
HOLLYWOOD - FEBRUARY 24: Actor Johnny Depp and singer Vanessa Paradis attend the 80th Annual Academy Awards at the Kodak Theatre on February 24, 2008 in Los Angeles, California. (Photo by Steve Granitz/WireImage)
UNITED STATES - AUGUST 22: Matthew Perry and Johnny Depp in New York to promote their first network series on the Fox Network in 1987 (Photo by Vinnie Zuffante/Getty Images)
Johnny Depp and his girlfriend Vanessa Paradis arrive for the Los Angeles premiere of the movie 'Sleepy Hollow' November 17, 1999. (Photo by Brenda Chase/Online USA/Newsmakers)
HERBORN, GERMANY - MAY 29: Actor/Musician Johnny Depp of Hollywood Vampires performs onstage at Hessentags-Arena during the 56th Hessentag on May 29, 2016 in Herborn, Germany. (Photo by Andreas Rentz/Getty Images)
HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

Depp's extravagant spending habits reportedly include $3.6 million he paid annually to his 40-person staff, $350,000 paid monthly to maintain his 156-foot yacht, $30,000 a month on wine, and $5 million the star himself says he spent to shoot the ashes of his late friend Hunter S. Thompson out of a cannon.

TMG says it met with Depp on numerous occassions over the years to get Depp to sell some of his high-priced items. On one occasion, he agreed to sell his $10 million yacht he spent $8 million to renovate, according to THR. Another year, TMG almost got Depp to sell his French chateau (on which he spent $10 million in renovations), but he got cold feet after prospective buyers came calling, according to the ex-business managers. It's since been relisted for $39 million, according to the trade.

Depp has routinely earned $20 million upfront paychecks for the movies he's been in since the success of 2003's "Pirates of the Caribbean: The Curse of the Black Pearl." He also gets 20% of the backend per picture, according to THR. A source said that's $40 million from the backend of each "Pirates" movie and $55 million from his profit on the 2010 hit "Alice in Wonderland," which earned over $1 billion worldwide.

TMG attorney Michael Kump said in the lawsuit that the firm stepped in to help Depp avert a "devastating financial collapse." Depp has claimed he was kept in the dark about his finances.

It's unclear how strapped for cash Depp currently is. According to litigation, he's received $25.7 million over the past two years in profits from six movies and he earned upfront money (likely close to $20 million each) on finished movies "Fantastic Beasts and Where to Find Them," "LAbyrinth," and "Gnomeo & Juliet: Sherlock Gnomes."

A representative for Depp did not immediately respond to Business Insider's request for comment.

RELATED: Johnny Depp's biggest career risks:

11 PHOTOS
Johnny Depp's 10 Biggest Career Risks
See Gallery
Johnny Depp's 10 Biggest Career Risks

Cry-Baby (1990)

Depp played the title character in John Waters’ 1950s parody, which successfully spoofed both Elvis Presley and the ’70s juvenile delinquent film Scared Straight! His character was named for his uncanny ability to shed a single tear whenever he became emotional.

Edward Scissorhands (1990)

In his first collaboration with Tim Burton, Depp played a shy, artificial man named Edward, whose creator passed away before he was able to give him a set of human hands, leaving him with gigantic scissors instead. Luckily, Edward finds a career as a hedge trimmer and hair stylist.

Benny & Joon (1993)

Eccentric silent-screen icon Buster Keaton was the inspiration for Depp’s role as Sam in this charming story of an oddball drifter who falls for a woman emotionally detached from the world around her.

Ed Wood (1994)

Depp showed his comedic chops with his over-the-top portrayal of 1950s cult movie auteur and self-proclaimed transvestite Ed Wood, who many in Hollywood regard as the worst director of all time. Burton, Depp’s longtime partner in weird, directed the biopic for their second collaboration.

Don Juan DeMarco (1994)

Depp charmed audiences with his portrayal of a young man convinced he’s actually the fabled Spanish lover Don Juan. Set in modern day New York, “Don Juan” finds himself instantly enamored with nearly everyone who crosses his path at a mental institution.

Fear and Loathing in Las Vegas (1998)

Depp continued to expand his horizons, taking audiences on a trippy, mescaline-laced walk on the wild side for this film, in which he played a high Hunter S. Thompson on an outrageous adventure in the desert.

Pirates of the Caribbean: The Curse of the Black Pearl (2003)

Never one to embrace big-budget studio pictures, the role of Captain Jack Sparrow in the film based on the Pirates of the Caribbean ride at Disney theme parks allowed Depp to do just that. Though most would probably wager that the opportunity to tap into his inner Keith Richards is the real reason why Depp took the part.

Charlie and the Chocolate Factory (2005)

Depp took a risk reprising the role of Willy Wonka made famous by Gene Wilder in the 1971 classic Willy Wonka and the Chocolate Factory. The reviews were mixed (Wilder panned it), as Depp straddled the line between affable and eerie.

Sweeney Todd: The Demon Barber of Fleet Street (2007)

The dark Stephen Sondheim musical directed by (who else?) Burton centers on Depp as Sweeney Todd, a barber out for revenge against any and all who have wronged him.

Alice in Wonderland (2010)

Depp’s version of the tea-guzzling, colorful carpetbagger known as Tarrant Hightopp (the Mad Hatter) is sneering and eccentric, and undoubtedly one of his most humorous onscreen creations to date.

HIDE CAPTION
SHOW CAPTION
of
SEE ALL
BACK TO SLIDE

NOW WATCH: A 'Top Chef' alum explains why you should never put oil in your pasta water

See Also:

SEE ALSO: Johnny Depp reportedly drank heavily and was constantly late on the new "Pirates" movie set


Read Full Story

Sign up for Entertainment Insider by AOL to get the hottest pop culture news delivered straight to your inbox!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.