One of the Highest Paid actors of all time, Johnny Depp Takes a $10,000,000 Loan to Save His Houses
Johnny Depp has been a part of many blockbuster movies. The actor has amassed millions of admirers worldwide thanks to his potent acting performances. Depp is a great performer in the business because of his irresistible appeal. He has a renowned acting career and has been part of successful films.
In 1987, the actor initially achieved recognition with the film 21 Jump Street. Later, he appeared in films like Fear and Loathing in Las Vegas, Donnie Brasco, and Pirates of the Caribbean. The Edward Scissorhands actor was in the headlines due to his infamous defamation trial against ex-wife Amber Heard. Despite being the highest-paid actor in the industry, Johnny Depp has taken a massive loan to save his house.
Johnny Depp took a $10 million loan to save his houses
Johnny Depp is a well-known name in the entertainment industry. The actor was in the media due to his infamous defamation trial against ex-wife Amber Heard. The aftermath of the trial has left a mark on his career. Depp recently debuted his first film project since the trial, a French-language drama Jeanne du Barry, at the 2023 Cannes Film Festival.
Despite being one of the highest-paid actors in the industry and having a massive net worth, the 60-year-old had to take a $10 million loan to save his house. According to reports, the Edward Scissorhands actor was close to losing two of his homes in West Hollywood. Records indicate that after the actor settled the debt of his smaller home on N. Sweetzer Avenue, which was up for foreclosure in 2016 for $4.28 million.
Depp took an eight-figure loan in March to save his other castle-shaped house, which went into default five million dollars in 2018. The other house is renowned for its eerie likeness to a gothic reproduction of a Bavarian castle.
After burning his $650 million fortune on litigation with Amber Heard and other careless expenditures, the Pirates of the Caribbean star was compelled to take out the eight-figure home loan with City National Bank. The bank referred to as “Bank to the Stars,” offers lavish borrowing to A-listers.
The building, which is 7,430 square feet and features towers and turrets, resembles the scene of a horror film. The eight-bedroom, ten-bath residence was bought by Depp for $2.15 million in 1995. Despite doing everything possible to maintain ownership, Johnny Depp hardly ever stays at the house. He spends the majority of his time on his Bahamas island residence.
Also Read: Amber Heard Finds New Love As She Moves on From the Career Threatening Johnny Depp Saga
A Look into Johnny Depp’s successful acting career
Depp has spent most of his years in the media due to his successful acting career. When his ex-wife Amber Heard accused him of domestic assault, the actor’s public image was tarnished, and he lost some major projects. He was part of some successful movies and franchises but was kicked out of them.
Depp is known for playing Captain Jack Sparrow in the Pirates of the Caribbean franchise. He also played the villain Gellert Grindelwald, in the Harry Potter spin-off franchise Fantastic Beast.
The actor recently debuted his new film, a French-language drama Jeanne du Barry, at the 2023 Cannes Film Festival. It got a seven-minute standing ovation. It marks Johnny Depp’s first project after the infamous trial.
Also Read: Johnny Depp is ready to Forgive Disney to Return For Pirates of the Caribbean 6 Under One Condition
Source: Daily Mail
