Entertainment Johnny Depp sells off his fifth multimillion dollar penthouse

20:47  13 november  2017
20:47  13 november  2017 Source:   Wonderwall

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It boasts a spectacular mural by Brazilian artist twins OSGEMEOS, but Johnny Depp 's newly-listed, .7 million Los Angeles penthouse is a work of art itself. Johnny Depp auctioning off multimillion - dollar art collection.

First off the block: Johnny Depp has one less penthouse to worry about it with the actor selling the first of five units he has in a stunning Downtown Los Angeles building. The star still has over million worth of apartments to sell after he listed his former marital home last month.

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 is selling his Los Angeles penthouse – and it could be yours for a cool £10 million . He first put it up for sale last year, with an asking price of around 23 million euro but took it off the market a few months later.

Johnny Depp is slowly selling off the five luxury penthouses he owns in Los Angeles, having now offloaded the fourth. The actor, 54, put his five downtown LA penthouses on the market last year for a total of .78 million .

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.

Harry Potter fans are furious Johnny Depp is in Fantastic Beasts 2 .
Johnny Depp is playing villain Gellert Grindelwald in the new Fantastic Beasts: The Crimes of Grindelwald and the casting has Pottheads enraged.On Thursday Harry Potter fans were delighted to find out details for the new Fantastic Beasts and Where to Find Them sequel -- like the fact that its official title is Fantastic Beasts: The Crimes of Grindelwald -- but they were less thrilled to discover that the film's main antagonist would be played by alleged domestic abuser, Johnny Depp.

Source: http://ca.pressfrom.com/news/entertainment/-53639-johnny-depp-sells-off-his-fifth-multimillion-dollar-penthouse/

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