Johnny Depp receives $1mn as defamation settlement from ex-wife Amber Heard; money to be divided between 5 charities. The jury had initially awarded the 'Pirates Of The Caribbean' star $10 million in compensatory and $5 million in punitive damages. Heard was awarded $2 million in compensatory.
After six weeks of testimony in court, a jury ruled in favor of Depp on June 1, 2022. He was awarded $10 million in compensatory damages and $5 million in punitive damages for a total of $15 million. Depp also was ordered to pay Heard $2 million in compensatory damages.
Mr Depp has decided to donate all the settlement money to five charities. Johnny Depp and Amber Heard have settled their highly publicised defamation case as the 'Aquaman' actor has now paid her ex-husband $1 million, as ordered by the Virginia court.
The jury sided with Depp and ordered Heard to pay $15 million in damages, which her lawyer later said she could not afford. Heard won part of a countersuit she filed against Depp, and was awarded $2 million.
Johnny Depp trial: Hear the verdicts being read in court
Heard was to pay Depp $15 million, and Depp is to pay Heard $2 million. The jury awarded Depp $10 million in compensatory damages, which is compensation for libel, and $5 million in punitive damages, which is the penalty for libel.
JOHNNY DEPP MADE his first COMMENT after moving to the BAHAMAS, and his WORLD RECORD contract
How did Johnny Depp lose $500 million?
Abysmal expenses and lawsuits against Johnny Depp
However, Depp's eccentric lifestyle and huge monthly expenses led him to spend an unspeakable $650 million between 2003 and 2016, a lawsuit against his former business managers revealed.
Heard settled $1 million with Depp in December 2023 after a headline-making trial in April and May 2022. After six weeks of testimony in court, a jury ruled in favor of Depp on June 1, 2022. He was awarded $10 million in compensatory damages and $5 million in punitive damages for a total of $15 million.
Heard's $15 million in damages owed to Depp came from his $50 million defamation lawsuit against her, while Depp's $2 million in damages owed to Heard came from her $100 million defamation countersuit against him.
She did not pay the entire USD 10.3 million and by December 2022, Depp accepted USD 1 million payout to settle the case. The case and hefty financial costs drained Heard of her net worth. It reduced her fortune and even took a toll on her brand endorsements and movies.
The jury determined that Heard acted with actual malice when writing her op-ed. The jury awarded Depp $10 million in compensatory damages and $5 million in punitive damages in his defamation suit.
At the crux of this narrative lies an indisputable fact: Johnny Depp's net worth stands at an estimated $150 million in 2023, according to CelebrityNetWorth. This colossal figure isn't just an epitaph of his commercial success but an aggregate of his multifaceted engagements—each more diverse than the last.
According to insiders, The Travelers Companies have paid the majority of Heard's attorney's costs under the provisions of the actress' insurance policy. Pamela Johnson, vice president of the insurance firm, was seen with Heard several times in the Fairfax, Virginia, courtroom during her trial.
Heard also pledged to donate the rest of her settlement to the ACLU and the Children's Hospital Los Angeles. In 2021, Depp asked the court to show evidence the Heard donated her settlement to the ACLU and Children's Hospital Los Angeles.
A: Amber Heard's net worth in 2023 is estimated to be $500,000. Q: How did the defamation lawsuit affect her net worth? A: The lawsuit led to a decline in her net worth due to legal expenses, the damages awarded to Johnny Depp, and professional setbacks including lost roles and endorsements.
Initially, Amber Heard had to pay $10 million to Johnny Depp in compensatory damages and $5 million more, but later reduced to $365,000, for punitive damages. On the other hand, Johnny Depp was sentenced by the same jury to pay 2 million dollars to the Australian performer.
Amber Heard finally paid Johnny Depp $1 million she owed after bitter defamation battle. Amber Heard has finally ponied up the $1 million she owed ex-husband Johnny Depp after losing a nationally-televised defamation trial in Virginia last year, according to a source close to the "Pirates of the Caribbean" actor.
Johnny Depp names condition under which he will forgive Amber Heard's debt. Lawyers for Hollywood actor Johnny Depp explained that he can forget about the $10 million that ex-wife Amber Heard owes him after the court verdict. The main condition is that the actress must not appeal.
Depp's compassion and dedication to philanthropy resonate with fans and serve as an inspiration to others. As Depp moves forward with his career and personal life, his act of kindness reminds us that even in the face of adversity, generosity and empathy have the power to make a profound impact.
The bill for Heard's attorney has mostly been footed by The Travelers Companies under terms of the actress's insurance policy, sources said. A vice president of the insurance firm, Pamela Johnson, was spotted in the Fairfax, Virginia, court with Heard multiple times throughout her trial.
Johnny Depp's team, impressive as they were, did not come cheap and his legal fees are estimated to be in the region of $5.5 million. Amber Heard, who hinted at financial concerns during her witness evidence, is therefore potentially facing a bill of several $ million.
Bredehoft said in closing arguments that Heard had racked up $6 million in legal fees by that point. On Friday, Heard requested a mistrial and a potential re-do on the case, claiming the wrong juror was seated for the proceedings.
Johnny Depp has won his multimillion-dollar US lawsuit against former wife Amber Heard after a Virginia jury ruled a 2018 article published in The Washington Post was defamatory.
He also showed that the prosecution had illegally suppressed exculpatory evidence. The court overturned the conviction, and on March 2, 1993, Johnny D. left the courtroom as a free man. Now his story is coming to the big screen.
