Johnny Depp lost huge £595m after managers failed to pay tax bill for 17 years

Johnny Depp has told the High Court in London how he lost over $700million (£595million) after his business managers failed to pay his taxes for almost two decades.

The Hollywood actor recalled a meeting in April 2016 he had a meeting with his former business managers which went ‘bad’.

Revealing the full extent of his staggering wealth, Johnny explained how he had lost a ‘huge amount’ of money.

Probed as to how much, Johnny replied: “It was put to me this way.

“It was put to me since Pirates [of the Caribbean] II and III I had made – and it seems a ludicrous number – $650million (£515million).

Johnny Depp said he he lost over $700million (£595million) after his business managers failed to pay his taxes for almost two decades (Image: Humphrey Nemar/ dailystar)

“When I fired them for the right reasons I had not only lost the $650m but I was $100m (£79m) in the hole because they had not paid the government my taxes for 17 years.”

Depp added: “It was a bad meeting.”

The actor went on to tell the court how he had ‘smoked a joint’ on the way to Amber Heard’s 30th birthday party to ‘calm himself down’.

The star lost his $650million (£515million) fee from Pirates of the Caribbean franchise (Image: Disney)

Johnny’s financial revelation comes on the fifth day of a three week High Court showdown against The Sun.

Depp is suing the publication for libel after they branded him a ‘wife beater’ in a comment piece.

Depp’s ex wife Amber Heard is also appearing in the courts as a key witness for the defence.

Johnny categorically denies claims that he was physically violent to Heard during their relationship.

Heard claims Depp was violent towards her 14 times.

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