Britney Spears Is Reportedly in ‘Serious Danger’ on the Financial Front

Sign up for the Socialite Life newsletter. A three-time weekly dose of divas, drag queens, hot male celebrities, models, & pop culture news. Get it in your inbox.

Britney Spears has navigated a long and tumultuous journey, culminating in her highly publicized release from a 13-year conservatorship in 2021. Liberated at last, Spears celebrated her newfound freedom with personal milestones and professional achievements, including a wedding to Sam Asghari and a successful collaboration with music legend Elton John. However, concerns have recently emerged regarding the pop icon's financial management.

Close sources to Spears have expressed concern over her spending habits, revealing to TMZ that she has indulged in lavish expenditures, including multiple stays at the opulent Brando resort in French Polynesia. These vacations, characterized by extravagant spending on private jets and upscale accommodations, reportedly approach a total expenditure of nearly $1 million. The singer's fondness for luxury getaways to Hawaii, where she enjoyed a $350,000 stay in the Four Seasons' presidential suite, has compounded worries about her fiscal sustainability.

KIIS FMs Wango Tango 2013 — 11 May 2013 – Carson, California – Britney Spears. KIIS FM's Wango Tango 2013 held at The Home Depot Center. Photo Credit: Byron Purvis/AdMedia

“She cannot afford this. She had $60 million when the conservatorship ended, and she’s now where the conservatorship started—in danger of going broke,” a source told the media outlet. Let’s not forget that Spears also has legal bills to pay, which TMZ reported were around $4 million so far. She also settled her case with her father, Jamie Spears, for his alleged misappropriation of her fortune while she was in her conservatorship.

Unfortunately, she did not win that case because the court had approved his spending while she was in a conservatorship. Instead, she settled and was forced to pay her father’s $2 million legal bill. Sigh, Spears could use a win.

X Factor Season Finale Press Conference — Britney Spears at the press conference for the season finale of Fox's “The X Factor” at CBS Televison City, Los Angeles. December 17, 2012 Los Angeles, CA. Picture: Paul Smith / Featureflash

In the aftermath of her conservatorship, Spears finds herself at a crossroads, navigating the challenges of financial autonomy and the pursuit of justice. However, others are concerned about the state of her mental health, with a third source noting, “She had lots of freedom in the conservatorship and the restrictions were there to protect her. She’s not protected anymore.”

Even if Spears is going overboard with her money in 2024, it still begs the question of why she came out of the conservatorship worth only $60 million.

LINK LOVE

elink.io | See Original

SL RECOMMENDS

Like most websites, Socialite Life uses affiliate links where available, which means we earn a little commission if you click through and buy something. Also, as Amazon Influencers, we earn from qualifying purchases.

Sale