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Barry Ritholtz

How to Avoid Going Broke After Making $650 Million

Even a large fortune can be squandered in a short time.

A pirated pirate?

A pirated pirate?

Photographer: Jesse Grant/Getty Images North America

The 1980s television series “21 Jump Street” launched Johnny Depp’s acting career; “Edward Scissorhands,” director Tim Burton’s dark Gothic fairy tale, made him a movie star. But it was Disney’s “Pirates of the Caribbean” movies that made him rich. The original film and its sequels grossed about $4.5 billion in ticket sales. That franchise, along with other films, earned Depp an estimated $650 million, according to Rolling Stone.

If we are to believe the reports, most of it is gone.