In 2021, Britney Spears called into a court hearing to reference one of the songs that made her a global superstar. The singer spoke for 24 minutes about the alleged abuse she suffered while under her father Jamie Spears’ conservatorship for 13 years—a time during which she did not have control over her money or her own life.
During the hearing, Britney said, “It’s been a long time since I’ve owned my money,”
Five months after the hearing, a Los Angeles judge ruled that the Grammy-winning singer would have autonomy and granted her exclusive access to her $60 million estate for the first time since February 1, 2008, when her father’s conservatorship began. However, some sources claim that after regaining her freedom two and a half years after the hearing, Britney is mismanaging her finances and is on the verge of going broke.
According to Page Six, sources close to the singer say, “She has no concept of money,” “For over a decade, other people were in charge of her bank accounts, and every purchase had to be reported to the court — even if it was just a pack of gum. But now, she’s on her own.”
Some say that even though the singer is broke, she’s made a little money from the release of her memoir, ‘The Woman in Me.’ Other sources also suggest that Britney’s inner circle is in a tough spot because they don’t want to make her feel like she’s under a conservatorship again by raising concerns about frivolous or excessive spending. They’ve even mentioned that those close to the singer say no one wants to be “Jamie 2.0.”
Britney Spears’ Career Ended
Although Britney has said she doesn’t want to return to the music industry because of the traumas she endured, she’s participated in some projects, like her 2022 collaboration with Elton John, which reached the top 10 on the Billboard Hot 100. Besides her memoir, which was published in October 2023 and became a bestseller, according to Page Six, Britney is on the verge of recovery thanks to her $15 million book deal, and she’s also earning significant royalties from the book, which has sold over 2 million copies in the United States.
