Johnny Depp will give the $1 million settlement from Amber Heard to 'five charities'

Johnny Depp has revealed he will spend Amber Heard’s settlement money on five different charities.

Heard has finally paid the Pirates of the Caribbean actor $1 million (AUD $1.4m) of settlement money she owed him after their vicious five-month legal battle.

Depp won his defamation lawsuit against his ex-wife in June 2022, with the jury finding that Heard defamed him in her 2018 Washington Post op-ed where she said she had been physically and emotionally abused.

The actor was awarded $10 million (AUD $14.1m) in compensatory damages and $5 million (AUD $7.3m), later reduced to $365,000 (AUD $538 896) in punitive damages.

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The former couples’ legal team came to an agreement and Heard’s insurance company finally paid the actor $1 million, bringing the case to a close.

According to CNN, a source revealed that Depp had chosen to spend the money on five charities, including the Make-A-Film Foundation, The Painted Turtle, Red Feather, Tetiaroa Society charity, and the Amazonia Fund Alliance.

The source also told TMZ that Depp had chosen Painted Turtle and Tetiaroa Society to honor his heroes - founders Paul Newman and Marlon Brando.

When Heard announced she would be paying her ex-husband the sum back in December, she maintained it was not an admission of guilt but rather a chance to finally move on.

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"After a great deal of deliberation I have made a very difficult decision to settle the defamation case brought against me by my ex-husband in Virginia," she penned to Instagram.

"It’s important for me to say that I never chose this. I defended my truth and in doing so my life as I knew it was destroyed.

“The vilification I have faced on social media is an amplified version of the ways in which women are re-victimised when they come forward.

"Now I finally have an opportunity to emancipate myself from something I attempted to leave over six years ago and on terms I can agree to."

She continued: "I have made no admission [of guilt]. This is not an act of concession."

Heard proceeded to reveal in their settlement agreement there were no 'restrictions or gags' regarding her voice, meaning that she was free to discuss the case without any legal consequences.

However, she added that the result had caused her to ‘lose faith in the US legal system’.