How will Amber Heard pay millions in damages?
Amber Heard was aiming high in her hopes of getting $100 million in her countersuit against ex-husband Johnny Depp. But instead, she faced a $15million bill after losing her libel suit.
To make matters worse, Amber is also expected to shell out a mountain of legal fees resulting from the highly publicized six-week trial. The Aquaman The actress is also required to pay the balance owing from her divorce settlement to charity.
But where will she get the money from?
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AMBER HEARD’S NET WORTH IS LESS THAN DAMAGES
According Celebrity Net Worth, Amber Heard’s total net worth is said to be around $8 million, although some reports put it at $2.5 million. This includes money earned from movies and his role as a spokesperson for L’Oréal.
In contrast, Johnny Depp is worth a fortune of $150 million.
In judgment read Wednesday afternoon, the jury initially awarded Johnny $15 million: $10 million in compensatory damages and $5 million in punitive damages. However, the punitive damages were reduced to $350,000 in accordance with Virginia state law.
Amber Heard was also awarded $2 million in compensatory damages, which means she will have to pay her ex-husband the remaining $8 million in damages.
Despite earning $3.45 million for a four-picture deal with Warner Brothers on her Aquaman role, Amber Heard’s legal team testified that she lost up to $50 million in endorsements and TV and film revenue due to the legal battle. If she sees fit, Amber Heard is entitled to appeal the judgment, which could be significantly lowered.
State laws dictate that Johnny Depp also has 30 years to collect his judgment. If Amber Heard claims she’s unable to pay the judgment, Depp has the right to see her financial records.
According MailOnline, the court may choose to garnish her future salary, if it is found that she has the required earning potential.
WHAT ABOUT THE DIVORCE SETTLEMENT?
In addition to her judgment, Amber Heard still owes the balance of her $7 million divorce settlement to charity. Amber and Johnny Depp divorced in 2017 after getting married in 2015.
In 2017, Amber Heard publicly pledged to split her entire $7 million divorce settlement equally between two charities. These were the Children’s Hospital of Los Angeles and the American Civil Liberties Union. But during cross-examination earlier in the trial, the court heard that Amber had “not yet” made the donations. This, despite telling a UK court in 2020 as part of a libel suit she had.
Amber claimed the delay was “because Johnny sued me for $50 million in March 2019.” She added: “I always intend to honor all my promises. I wish he would stop chasing me so I could.
According to a former prosecutor, Amber Heard deliberately withheld the money due to her own financial constraints. Neama Rahmani said The daily beast: “She kept the 7 million dollars because she had to pay legal costs. The question is whether Johnny Depp will really enforce the judgment against his ex-wife. Will he really take her salary? She may need to increase her bank accounts to do this.
On the other hand, Johnny Depp has repeatedly said that his motive behind the lawsuit was not money, but “the truth”. The legal expert added: ‘This whole lawsuit is about more than money. It’s about justification and setting the record straight.