Since she was a little child, Britney Spears has worked. The future pop sensation made her Hollywood debut when she appeared on Star Search at the early age of 10 after years of vocal training, pageant appearances, and dancing classes (which started when she was a child). She then established herself as a regular on Disney’s Mickey Mouse Club with future stars Christina Aguilera, Ryan Gosling, and Justin Timberlake, who was also her first widely-known love. But it wasn’t until Spears released her debut album,…Baby One More Time, in January 1999 that she became an overnight sensation and began earning six figures. The lead single’s famous, schoolgirl-themed music video and the album’s namesake lead track helped the album launch at No. 1 in significant part. Spears truly was at the top of the world.
Since then, the 39-year-old has experienced a rollercoaster of life in the spotlight: Spears, who shot to fame at the age of 16, has had her ups and downs in both her personal and professional life the subject of tabloid stories for more than 20 years. Although Spears has an undeniably sizable net worth, she was unable to spend her hard-earned money as she pleased after a conservatorship was established as a result of her mental health issues in 2008. She was also unable to make a startling number of decisions for herself, according to testimony Spears had given in court.
When a California judge decided to end the conservatorship in November 2021, Spears ceased being so “Overprotected.” “The conservatorship of the person and estate of Britney Jean Spears is no longer needed,” said Judge Brenda Penny in court. Here’s what we know about Britney Spears’ net worth, how she amassed her wealth, and what living under a conservatorship cost her—financially as well as emotionally—with so much on the line for the adored singer.
What is Britney Spears’ net worth?
According to Forbes, Spears’ net worth is believed to be over $60 million. With little under $3 million in cash, her assets total more than $56 million, most of which are purportedly in the form of investments and real estate.
Why is Britney Spears’ net worth so low?
For the rest of us, $60 million might seem like a staggering sum, but for a megastar like Britney Spears, it’s actually rather modest. According to Forbes, even though Jessica Simpson and Jennifer Lopez, to name just two examples, had careers that in many ways mirrored Spears, they each had net worths of over $100 million. So what took place? The fact that Britney doesn’t work as much as she used to, of course, doesn’t help; Forbes has suggested her dad Jamie didn’t manage her money well.
The source mentions that “2015 saw the end of making television advertisements. Spears ceased touring in 2018, and she hasn’t released any new songs since 2016.”
How much did Britney Spears’ father make as a conservator?
As of 2021, Jamie Spears was being paid “approximately $16,000 per month, plus $2,000 per month for office space rent,” according to The New YorkTimes, to serve as Britney’s conservator. Additionally, it has been stated that Jamie shared in the earnings from Britney’s tours and other endeavours. According to the Times’ investigation, as just one illustration, “In 2014, he was allocated 1.5 percent of gross sales from the performances and merchandise linked to her Las Vegas residency, “Piece of Me,” which went on to earn a reported $138 million over 250 appearances.” Jamie would have likely earned more than $2 million just from one condition.
Jamie abruptly decided to resign as one of Britney’s financial conservators in August 2021, which most likely meant that he would no longer be able to rely on any income from his pop-icon daughter. Before Jamie would agree to formally resign, some #FreeBritney observers thought he might try to negotiate a payout for himself as well as some legal protection (Britney has threatened to sue him and have him charged with “conservatorship abuse”); in fact, his attorneys essentially said the same thing in a statement to Yahoo! News.
According to attorney Christopher C. Melcher, Jamie Spears won’t resign until the court grants him the $1.2 million in legal costs and compensation he is asking for. He has so made his departure contingent on the court accepting actions that Britney had previously protested. The next month, Jamie’s status as a co-conservator was formally terminated, though it’s unclear which of his demands were agreed to by his daughter’s legal team.
How much did Britney Spears make off her albums?
Spears’ music career is obviously a significant contributor to her wealth; according to a 2017 estimate by Billboard, she sold more than 150 million CDs globally. She allegedly received album advances of up to $10 million each while her music career was at its height.
How much has Britney Spears made from touring?
Since 1999, Spears has sold out nearly all of the dates on 10 tours in addition to record sales. Spears’ tours have brought in $300,000 to over $4 million for each event over the course of her career.
How much has Britney Spears made from endorsement deals?
Spears has negotiated a sizable number of endorsement agreements since 2000. When she decided to represent Pepsi for what was reported $8 million in 2001, she entered into one of her most profitable collaborations. Funny enough, around a dozen years later, news emerged that Spears owned shares in Coca-Cola, a competitor of Pepsi. One of Spears’ more contentious endorsement deals materialized in 2011 when she reportedly received $500,000 for a number of product placements in her “Hold It Against Me” music video, including ones for PlentyOfFish, Makeup For Ever, and Sony. Katy Perry, a fellow pop A-lister, appeared to criticize that decision when she tweeted about it at the time “When it comes to [product placement in videos], you need to be inventive. However, you can see when certain artists are careless.”
