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The Johnny Depp conundrum: Who should keep tabs on the money?

Fiduciary rules ensure good advice but people should live responsibly.

THE thing celebrity magazines never mention about Johnny Depp's current problems - the foreclosures on his homes, how he was said to have cut off his fingertip in a marital dispute, the fact he may need to sell a small French village to cover debts associated with the subsequent divorce - is how his challenges are relevant to the Trump administration.

Depp has appeared in some of the highest-grossing (Pirates of the Caribbean) and weirdest (Yoga Hosers) films of the past 30 years, earning him an estimated US$650 million. Being a rich movie star, however, does not necessarily bring great financial savvy. Over the past decade, Depp has paid more than US$5.6 million in interest on overdue taxes,...

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