In 2016, Britney Spears’s net worth was reported to be $70 million. This makes her one of the richest celebrities in America today and a symbol for how far she has come since her early days as an iconic teen pop star with no formal training.
Britney Spears is one of the most popular pop stars in the world. She has a net worth of $70 million according to Forbes.
Have you ever wondered how much Britney Spears is worth? Spears, often known as the Princess of Pop, has a long list of legendary pop successes under her belt, including Baby One More Time, Oops I Did It Again, Toxic, and others. Over the years, you’ve undoubtedly yelled out the words of her songs. She is, after all, one of the world’s best-selling musicians and was named the world’s most powerful celebrity by Forbes in 2002.
But, considering her famed status in the music industry, why is Britney Spears’ net worth merely $70 million? We delve into the pop singer’s meteoric climb to fame, how she became the “it girl of the music world,” and the challenges she’s experienced along the way, including a 13-year conservatorship that spurred the #FreeBritney campaign.
Early Life & Baby One More Time
Spears thought she was meant to be a singer since she was a child, performing in her church choir in Kentwood, Louisiana. She participated in and won various children’s talent shows during her youth.
Her first professional performance was in the off-Broadway musical Ruthless as the main understudy. Her first major break as a kid came in 1992, when she was cast in The Mickey Mouse Club with Justine Timberlake and Ryan Gosling.
Spears, who was just 15 years old at the time, signed with Jive Records in 1997 to further her music career. In 1999, she released her first studio album, Baby One More Time, which went on to become the best-selling debut album of all time and the best-selling record by a teenager. After barely a month, the Recording Industry Association of America certified Baby One More Time platinum after it sold over 10 million copies and reached number one on the US Billboard 200. The track Baby One More Time spent two weeks at the top of the Billboard 100 and is one of the best-selling singles of all time.
Brittany’s Ascension to Fame
There’s no denying that Spears rocketed to notoriety swiftly, but her fame and money didn’t end there.
Spears began her first tour in 1999 and released her second album, Oops!… I Did It Again, in 2000, which went on to become another best-selling record of all time. In 2001, she performed with a seven-foot-long snake at MTV’s Video Music Awards and debuted her third album, Britney, as a special guest during the Superbowl halftime performance. Spears acquired greater creative influence over her music in the following years, co-producing the majority of the content on her fourth album, In the Zone, as well as the smash track Toxic, which received a Grammy for Best Dance Recording.
Spears married dancer Kevin Federline in 2004, and the couple co-hosted the reality program Britney and Kevin: Chaotic. Sean Preston, their first son, was born in 2005, and Jayden James, their second son, was born in 2006.
Obstacles to Overcome
Spears’ personal troubles were displayed for everyone to see in 2007, despite the fact that she looked to be living the life.
Spears’ aunt died of ovarian cancer in January 2007, and she spent less than 24 hours in a drug recovery program in February of that year. Spears shaved her head the following day and assaulted a photographer with an umbrella, an incident recorded by the media. She was admitted to treatment after shaving her head, although she only stayed for a day. Spears and Federline separated in July of that year, and she lost custody of her two boys.
Spears’ record company planned for her next album, Blackout, and booked her to appear at the VMAs barely seven months after her iconic breakdown, despite her plainly going through a terrible period. Unfortunately, reviewers blasted Spears’ performance of “Gimme More,” since she was only half-heartedly singing and dancing along to the songs.
Spears had another breakdown in 2008, when she took prescription amphetamines and locked herself in her bathtub with one of her boys, refusing to surrender him. Spears was put on a 5150 mental hold, which is used to confine individuals who pose a risk to themselves or others, after emergency personnel took her out of the restroom.
Spears was then put under a court-ordered conservatorship, which is a legal arrangement for those who are considered unable to care for themselves.
Jamie, her father, and Andrew Wallet, her attorney, were co-conservators and had total power over her personal and financial assets. Jamie and Wallet had complete control over the singer’s life.
Britney Spears’ Resurrection
Despite several setbacks, Spears was able to return to the top by the end of 2008. Spears’ return was documented in the documentary Britney For the Record, which was a smash with audiences. She released another number one album, Circus, and set a Guinness World Record for being the youngest female artist to have five albums launch at number one.
Spears pre-taped a comedic routine with Jonah Hill at the VMAs that year, which was highly received by the crowd, and she took home honors for Best Female Video, Best Pop Video, and Video of the Year.
In 2009, she went on another big global tour for Circus, released her album Femme Fatale in 2011, and served as a judge on the X-Factor in 2012, earning an estimated $15 million, making her the highest-paid judge on a singing competition program of all time. Spears also held a Las Vegas residency from 2013 to 2017, during which she played performance after concert in the same venue, grossing over $137.7 million.
Nothing appeared to be able to stop Spears at the time, with five hit albums, six global tours, and a massively successful residency on top of countless honors and accolades.
The #FreeBritney Movement & Conservatorship News
By 2018, Spears had retired from the stage. Wallet resigned as co-conservator in 2019 without giving a reason, and her father Jamie took over as sole conservator of her estate. She was going to start another Las Vegas residency that year, which would have paid her $350,000 a night, but she had to postpone it when her father suffered a colon rupture.
Jamie had supposedly canceled Spears’ second Las Vegas residency because she refused to take her medicine, according to a fan podcast called Britney’s Gram. Jamie was also accused of detaining Spears against her will in a mental clinic after she broke a no-driving rule. Spears’ conservatorship was meant to terminate in 2009, according to the podcast.
The #FreeBritney campaign arose as a result of these claims. Fans, celebrities like Miley Cyrus, and non-profit groups like the American Civil Liberties Union have all called for her to be freed from the mental clinic.
The #FreeBritney campaign started in 2009, and it is still going strong in 2021. People all around the world are still fighting for her release, and it’s clear that the singer wants her life back.
Conservator News of Late
Spears filed a formal application to remove her father as a co-conservator in November 2020. According to a Forbes story, Spears has informed her lawyer Samuel D. Ingham III that she is frightened of her father and would never perform again if he were in control of her. Spears’ lawyer also asked that Bessemer Trust Company become the only conservator, according to a Glamour story. Spears’ attempt to have her father removed as conservator was refused, and Bessemer Trust was nominated as a co-conservator.
Spears just testified in court on June 23, 2021, disclosing further information regarding the conservatorship. Spears described the conservatorship as “abusive” and said she felt compelled to comply. According to CNN, she also suffered a lack of privacy, was forced to have an IUD as a method of birth control, was forced to take medication against her will, such as lithium, and was forced to attend therapy sessions.
Spears concluded that the conservatorship was causing her more damage than benefit, since she is frightened, terrified, and alone. The artist is appealing for her life back after spending 13 years under someone else’s influence.
According to a People story, Bessemer Trust resigned as conservator as a result of Spears’ testimony and her wish to dissolve the conservatorship, leaving her father Jamie as the only conservator.
Spears’ case will be re-examined in a hearing on July 14, but until then, it is evident that fans and celebrities all around the world are fighting to #FreeBritney.
2022 Britney Spears Net Worth
Britney Spears has a net worth of $70 million as of 2022. Spears’ conservatorship obviously has an influence on her mental and psychical health and well-being, but you may not be aware that it also has an affect on her economic wealth.
Spears has sold more concert tickets and records than Jessica Simpson and Jennifer Lopez, both of whom have $100 million-plus networks. She was voted the most powerful celebrity by Forbes in 2002, with a net worth of $40 million. And it’s just been three years since she debuted in the music world with Baby One More Time, so why hasn’t her net worth increased much since then?
The actress appeared to have amassed a fortune thanks to her extremely successful career, which featured multiple best-selling albums, tours, and a million-dollar concert residency. Her financial worth has been harmed as a result of the conservatorship.
Spears is not a huge spender on personal stuff, according to ShowBiz CheatSheet, and the costs come straight from her conservatorship, which her father manages. Spears has paid millions of dollars in legal expenses and child support to her ex-husband Federline since 2008, and according to Forbes, the majority of her assets are stored in brokerage accounts, real estate, and cash.
The #FreeBritney campaign attempts to reclaim control of Spears’ personal life and free her from the abuse and control she has been subjected to. She should also be able to manage her finances, according to the movement.
#FreeBritney wants to reclaim control of Spears’ personal life.
Spears has suffered not just an emotional and physical toll as a result of her conservatorship, but also a financial one. #FreeBritney, in exchange for sovereignty over her personal life and well-deserved wealth.
Important Points to Remember
- Follow your Dreams: It may seem cliched and fundamental, but if you have your heart set on accomplishing anything in your life, then go for it. Britney Spears knew she wanted to be a singer from the beginning and started pursuing her aspirations at a young age– just look at her net worth! Nothing should stand in the way of your aspirations, regardless of your age, gender, or financial situation. Set your mind to it and you will succeed.
- When you’re pushed down, don’t be afraid to climb back up: Britney Spears has her fair share of highs and lows. Britney’s flaws were plastered all over the media as a celebrity, exacerbating her predicament. Rather of being disheartened, she got back up and began composing songs again, eventually returning to the top with another number one record. Just because you strike a snag now and again doesn’t mean you should abandon your journey.
- Fight for yourself: You are the only one who knows what you deserve and how you should be treated. Britney has been under a conservatorship for the last 13 years, and she has no authority over her personal or financial life. Nonetheless, she’s lately made a stance to reclaim her life. She’s standing up for herself and fighting for her rights, despite the fact that it hasn’t been easy. You may not be in the same circumstances as her, but the main takeaway is that you should never give up on receiving what you deserve.
Britney Spears’ net worth is estimated to be around $70 million. She is one of the most popular pop stars in the world, but she has a pretty low net worth compared to other celebrities. Reference: why is britney spears’ net worth so low.
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