Entertainment Johnny Depp sells off his fifth multimillion dollar penthouse

20:47  13 november  2017
20:47  13 november  2017 Source:   wonderwall.com

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Johnny Depp has sold his fifth Los Angles penthouse amid financial struggles. Richard Young/REX/Shutterstock. After his divorce from Amber Heard last year, the actor has reportedly been struggling financially and was forced to sell off homes in order to stay above water.

Johnny Depp auctioning off multimillion - dollar art collection. JOHNNY Depp is selling his Los Angeles penthouse – and it could be yours for a cool £10 million . Johnny Depp has sold his fifth Los Angles penthouse amid financial struggles.

Johnny Depp has sold his fifth Los Angles penthouse amid financial struggles.

Johnny Depp wearing a suit and tie: Johnny Depp attends the © Richard Young/REX/Shutterstock Johnny Depp attends the "Murder on the Orient Express" film premiere in London on Nov. 2, 2017.

After his divorce from Amber Heard last year, the actor has reportedly been struggling financially and was forced to sell off homes in order to stay above water. Some of that money will supposedly be used to pay a $5 million loan from his former business managers.

Johnny sold two of his Hollywood Hills penthouse homes last year. Since then, he has been busy trying to unload more of homes. His final penthouse sold for $1.425 million, The Daily Mail claims, bringing his total haul for the five homes to $10.88 million. Johnny had initially listed all five of them to be purchased collectively for $12.78 million. Combined, they span 11,500 square feet.

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Johnny Depp has managed to offloaded the fifth of the five Los Angeles penthouses he owns as he continues to struggle with reported financial troubles. The Murder On The Orient Express star sold the final unit of his five penthouses for .425 million , having originally listed all five as one listing of

Going, going, gone! Johnny Depp sells the fifth and final of his LA penthouses for .4 million (and makes a profit) amid financial woes after he's told he might have to sell FIVE MORE of his homes to pay back $ 5 million loan to his ex-business managers.

He originally bought the units in 2007 for $7.17 million.

a man wearing a suit and tie: Johnny Depp attends the premiere of © REX/Shutterstock Johnny Depp attends the premiere of "Pirates of the Caribbean: Dead Men Tell No Tales" in Los Angeles on May 18, 2017.

The "Pirates of the Caribbean" star reportedly owned 14 homes before his selling off spree began.

Johnny's former managers, The Management Group, forced the sale after claiming Johnny had yet to give back a $5 million loan it gave him in 2012. In fact, TMG says he still owes $4.4 million on the loan, including fees and interest.

"Depp paid interest and some principal payments under the TMG/Depp Note until he terminated TMG as his business manager on March 14, 2016," TMG argued in legal documents earlier this year. "After that date, Depp and his new business manager, (Edward) White, have refused to pay any interest or principal on the loan... However, in Depp's self-centered world, 'no good deed goes unpunished.'"

Johnny has also sued his former managers for $25 million, claiming they mismanaged his money.

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