
How world's highest-paid actor lost $650 million, spent $30K a month on wine, bought islands, faced $100 million debt
Making his debut as a teen heartthrob in the 80s, Johnny Depp worked his way up in Hollywood with critically acclaimed performances in the 90s in films like Edward Scissorhands, What's Eating Gilbert Grape, Ed Wood and Donnie Brasco. But it was the Pirates of the Caribbean series (starting in 2003) that made him a global superstar. He added Public Enemies and Finding Neverland to his repertoire. In 2012, the Guinness Book of World Records recognised him as the highest-paid actor in the world, with earnings of $75 million. After he was cast in the Fantastic Beasts series, it was expected to go even higher. Around 2014, Forbes estimated Johnny Depp's net worth at $900 million, making him one of the richest actors in the world.
TMG responded with a cross-complaint that called the actor 'spendthrift of epic proportions' and said he refused to control his 'selfish, reckless, and irresponsible lifestyle' despite warnings from his manager. The expenses were over $2 million a month, TMG claimed, including $30,000 a month on wine 'flown to him around the world'. Other big purchases included private islands and jewellery worth millions. TMG claimed that his exorbitant spending cost the actor more money than he was earning. In his legal battle against ex-wife Amber Heard, Johnny Depp admitted that he lost over $650 million in net worth over time. At one point, the actor had even incurred debts of over $100 million.
Johnny Depp is attempting a comeback today after his financial troubles and long legal battle with Amber Heard. As per Variety, his net worth is now a relatively modest $150 million. The 61-year-old is currently filming Marc Webb's Day Drinker, which will be releasing in 2026. The film also stars Penélope Cruz and Madelyn Cline.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hindustan Times
2 days ago
- Hindustan Times
Universal Music CEO breaks silence on Drake's lawsuit over Kendrick Lamar's Not Like Us: ‘Makes no sense'
Universal Music Group CEO Lucian Grainge has slammed Drake for his lawsuit against the company. The Canadian artist sued the music corporation in January over the release of Kendrick Lamar's popular diss track, Not Like Us. He accused the label of defaming him by knowingly promoting 'false' and 'dangerous' narratives about him. However, the 65-year-old refuted the claims in a declaration letter filed Thursday with a New York federal court, arguing that the God's Plan rapper's allegation 'makes no sense,' Forbes and Variety reported. File photo of Kendrick Lamar and Drake(AP) Universal Music boss slams Drake's lawsuit over Not Like Us Grainge wrote in the letter that 'claims that I was behind a scheme to 'devalue' [Drake's] brand through the release and promotion of the Kendrick Lamar recording 'Not Like Us' — an allegation that makes no sense due to the fact that the company that I run, Universal Music Group N.V., has invested hundreds of millions of dollars in Drake, including longstanding and critical financial support for his recording career, the purchase and ownership of the bulk of his recording catalog, and the purchase of his music publishing rights.' He further slammed the 38-year-old's allegations that 'the music company that decided to publish, promote, exploit, and monetize allegations that it understood were not only false, but dangerous.' Grainge called Family Matters rapper's claims of his involvement 'farcical.' 'Given Drake's motion, I would like to make it quite clear that I had never heard the recording 'Not Like Us,' nor ever saw the corresponding cover art or music video, until after they were released by Interscope Records,' he added, per Variety. While One Dance hitmaker filed the lawsuit over the viral diss track, he did not sue Lamar. UMG is listed as the only defendant in his legal filings, including an amended complaint filed in April, per Forbes. The complaint clearly states that the 'lawsuit is not about the artist who created 'Not Like Us'.' Grainge's letter comes days after Drake's legal team sought evidence, including the Swimming Pools rapper's contract and other sensitive information.


Mint
3 days ago
- Mint
AT&T customers may get up to $7,500 in $177m data breach settlement: Eligibility and how to claim your amount
Millions of current and former AT&T customers in the United States could be entitled to compensation of up to $7,500 each, after the telecoms giant agreed to a $177 million settlement linked to two major data breaches, reported Forbes. According to the publication, a federal judge in Texas has approved two settlement funds totalling $149 million and $28 million, covering separate incidents that exposed sensitive customer data. The first breach, discovered in March 2024, involved the personal information of 7.6 million current customers and 65 million former account holders being posted on the so-called dark web. The company has since confirmed that the compromise actually occurred in 2019. Data affected included names, contact details, dates of birth, account numbers, passcodes and, in some cases, social security numbers, added the report. Reportedly, the second incident came to light in July 2024, when AT&T confirmed that a 2022 breach involving third-party platform Snowflake had exposed phone numbers, call records and, in rare cases, cell site identification data. AT&T denies liability for both breaches, stating that it agreed to the settlement to avoid lengthy and costly legal proceedings. (This is a developing story, check for more updates)


India.com
3 days ago
- India.com
Rs 640 crore Dubai villa, Rs 490 crore necklace, Rs 10000 crore IPL team and more: Most EXPENSIVE things owned by Mukesh Ambani, Nita Ambani and family in 2025
Home News Rs 640 crore Dubai villa, Rs 490 crore necklace, Rs 10000 crore IPL team and more: Most EXPENSIVE things owned by Mukesh Ambani, Nita Ambani and family in 2025 Rs 640 crore Dubai villa, Rs 490 crore necklace, Rs 10000 crore IPL team and more: Most EXPENSIVE things owned by Mukesh Ambani, Nita Ambani and family in 2025 Mukesh Ambani, Nita Ambani, and their family own some of the world's most luxurious jewellery, rare cars, and stunning properties. But among all their prized possessions, one stands out as their biggest international investment. Ambani family (File) The Ambanis are the only Indian family to feature among the world's richest, with a combined wealth of about USD 99 billion. In 2025, Mukesh Ambani ranked ninth on the Forbes billionaire list. He leads Reliance Industries, while his brother oversees the company's telecommunications business. His net worth is over USD 107.7 billion, as per Forbes. The Ambanis are often seen as the symbol of extreme wealth in India. They are famous for their grand lifestyle and show of luxury from hosting months-long wedding celebrations for younger son, Anant, to inviting some of the world's biggest pop stars to perform at the events. For the Ambanis, making a statement is part of the celebration. Most Expensive Things Owned by the Ambanis Antilia: The family's Mumbai home is valued at Rs. 15,000 crore. Spanning over 65,000 sq ft, it has a staff of 600 to maintain it. Rs. 600 crore private jet: Mukesh Ambani's customised jet includes a lounge, boardroom, and master suite. The family also owns an Airbus A319 and a Falcon 900EX worth Rs. 33 crore. Rs. 640 crore Dubai villa: Mukesh Ambani gifted Anant Ambani a luxury villa on Palm Jumeirah with a private beach, 10 bedrooms, infinity pools, and grand chandeliers. Mumbai Indians IPL team: Bought in 2003, Mumbai Indians is now worth Rs. 10,000 crore, making it the most valuable IPL franchise. Rs. 1.5 crore tea set: The Ambani family reportedly owns a Japanese Noritake tea set made with porcelain inlaid with gold and platinum. Rs 490 crore necklace: According to several media reports, Shloka owns one of the most expensive necklaces in the world, featuring a rare and priceless diamond valued at over Rs 490 crore. It was gifted by her mother-in-law Shloka Mehta during her wedding. Rs. 40 lakh saree: Nita Ambani owns one of the world's most expensive sarees, a Chennai silk masterpiece worth Rs. 40 lakh. Luxury cars: For his wedding, Anant Ambani received a Rolls-Royce Phantom worth Rs. 9.5 crore from his father. He also owns a custom-made Bentley Continental GTC Speed valued at Rs. 4.5 crore. Rare watch collection: Anant's watches include the Richard Mille RM 52-05 (Rs. 12.5 crore, only 30 ever made) and the ultra-rare Patek Philippe Grandmaster Chime (only six exist worldwide). 100-carat yellow diamond jewellery: Nita Ambani owns rare gems and jewellery, including a yellow diamond piece that took over 1,000 hours to make. Rs. 90 crore chameleon car: Nita Ambani also has an Audi A9 with colour-changing, psychedelic features. For breaking news and live news updates, like us on Facebook or follow us on Twitter and Instagram. Read more on Latest News News on