How Britney Spears Really Went Broke And Lost Her Money

Photo 1 of 2

While Britney Spears is undeniably pop royalty, her story is a tragic one. Regardless, this music icon will forever be regarded as one of the greatest artists throughout history. She came up as an ultra-popular teen icon, growing into a global pop sensation who has smashed hits and topped charts since the 1990s. Spears has rightfully earned a place in music history, and since she’s a legend, many would assume that she’s loaded with cash.

While she might have experienced financial success years ago, her fortune has dwindled over time. While she may have once had an impressive net worth, her notorious conservatorship, inactive music career, and problematic spending habits have all led to her current state of money-related hardships.

You can’t discuss the Britney Spears controversy without discussing the conservatorship that dominated her life for almost 14 years. For over a decade, her father, Jamie Spears, closely controlled the celebrity’s day-to-day lifestyle and finances. Many believe that he used manipulation tactics under the guise of protecting Britney’s mental health by keeping her under his thumb. Today, she’s finally free, but it has irreparable consequences that the former pop star is still suffering from.

Britney claims that the conservatorship depleted her account by a staggering $36 million, resulting in the loss of her hard-earned funds. Rather than being used for her own needs, the funds were partially funnelled into Jamie’s failed attempts to become a reality TV star and legal woes. Even when she thought she had reached freedom and independence, she was forced to pay more than $2 million for her father’s legal bills post-settlement.

Today, the conservatorship is done. Britney supposedly has control of everything again, and her finances have returned to a healthy $40 million net worth based on information from Celebrity Net Worth. This rebound is mostly due to her bestselling tell-all memoir dubbed “The Woman In Me,” which shares juicy details on not only the conservatorship but her entire life, including an abortion with ex-partner Justin Timberlake. And while $40 million sounds like a huge amount of money, Britney has some questionable saving habits that make her financial future increasingly unstable.

INTERESTING 17 Frozen Reservoirs That Look Like Fine Art

17 Frozen Reservoirs That Look Like Fine Art

Every year, when the temperature drops below zero, most rivers, ponds, lakes and even some oceans are covered with a thick layer of impenetrable ice, forming on their surface either snow patterns or masterpieces of fine art. Such beauty cannot be described in words, so we have prepared for you this selection of 17 photos so that you can fully enjoy these icy views and anticipate the coming frosts ...
ANIMALS Exotic Pets Held by the Chinese at Home

Exotic Pets Held by the Chinese at Home

Snakes, crocodiles, spiders, toads - this is not the whole list of domestic animals brought up by the inhabitants of China. We share with you the stories and photos of the owners of the most exotic species of animals ...
INTERESTING The Most Bizarre Fruits and Vegetables Found in the Vegetable Garden

The Most Bizarre Fruits and Vegetables Found in the Vegetable Garden

Did you know that nature also has a sense of humor? Yes, so sharp and unique that sometimes you are amazed by her jokes and antics. Take at least even her gifts, namely fruits and vegetables, which will be discussed today - after watching this selection, you will have no doubt that the fantasy of nature is limitless and wonderful and worth your surprise!
AUTO The Most Interesting Facts About Traffic Jams

The Most Interesting Facts About Traffic Jams

Residents of megacities and big cities know firsthand what traffic jams are, especially at rush hour. This collection will tell you about the most fun and unusual facts regarding traffic jams that affect major cities in the world ...
ANIMALS The Most Famous Animal Attacks on Humans

The Most Famous Animal Attacks on Humans

No matter how kind and affectionate the tamed animal is, it still remains an animal. Therefore, any factor can become a provocation for him to attack, because, first of all, the main difference between an animal and a person is its animal instinct ....