What is Britney Spears' net worth? How much money does she make?
The pop star has recently been released from her father's conservatorship which had controlled her life for 13 years and drained her resources.
Pop star Britney Spears was back in the news in a major way in 2021 after a tell-all documentary unearthed the story of her 13-year conservatorship that recently came to an end. Spears’ father, Jamie, had been in control of her personal and financial activities since 2008, paying himself and other costs from Britney’s earnings.
In 2002 she was one of the most successful musicians and most recognisable people in the world, having enjoyed a string of four platinum Number One albums. Her sell-out world tours netting her tens of millions of dollars and Forbes named her as the world’s most powerful celebrity, with an annual income of $40 million.
However despite the massive success, in 2022 Forbes lists Britney Spears’ net worth at around $60 million; a very respectable total but far short of the real celebrity high-rollers.
Conservatorship saw Britney’s father put in charge of finances
After a very public meltdown in 2007 Britney Spears was placed under a court-ordered conservatorship which named Jamie as the person in charge of her financial affairs. This was ostensibly a measure to help the singer but over the course of the last year further details have emerged regarding the benefits that Jamie derived from the situation.
In 2021, The New York Times reported that Jamie Spears was in receipt of a salary worth “about $16,000 per month, plus $2,000 a month for office space rent” from the conservatorship. He also received a proportion of the profits from Britney’s tours which she continued to do for years after first being placed into the conservatorship.
The Time reports: “In 2014, he was granted 1.5 percent of gross revenues from the performances and merchandising tied to her Las Vegas residency, ‘Piece of Me,’ which went on to earn a reported $138 million across nearly 250 shows.”
Jamie Spears reportedly netted around $6 million over the course of a 13-year conservatorship, before standing down in August 2021. In recent years the singer had began to fight back against the control exerted by the father, and a court ruled last year that the conservator ship must end.
“The conservatorship of the person and estate of Britney Jean Spears is no longer required,” Judge Brenda Penny said in her ruling last November. “The conservatorship is hereby terminated.”