Britney Spears’ net worth has collapsed – but how rich is she at 40?

Britney Spears Shutterstock MSN 11 - Britney Spears' net worth has collapsed - But how rich is she at 40?

Britney Jean Spears is a beloved American pop icon who captured the attention of countless young girls and teenage boys in the 1990s and early 2000s before taking a break in 2008.

She quickly became a household name when her “Baby One More Time” video began airplay on MTV.

Her pop star power was such that she was able to support her younger sister, Jamie Lynn Spears, and help her launch a pop career.

Loyal fans survived her career in difficult times

Spears has been an inspiration to her fans who have followed her career faithfully for decades. That loyalty was most evident when Spears fought to be released from her father’s custody starting in 2021.

Brit has made a lot of money throughout her career, but her net worth has suffered over time due to various factors. However, she still has a sizable net worth with income from multiple sources. Look at how much Britney Spears is worth.

What is the net worth of Britney Spears?

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Britney Spears has an estimated net worth of $60 million with some estimates as high as $115 million. Forbes estimates her net worth at the bottom of the range.

The majority of her net worth is in real estate valued at $56 million and the remainder of her liquid net worth is cash.

How did Britney Spears make her money?

No. 1. solo artist

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Britney Spears has been an artist and singer since the age of 10, her first big break came with The Mickey Mouse Club and then she appeared in Star Search.

At the height of her career, she earned over $30 million a year in eight years. In one of those years, 2018, she made money selling her music, her Las Vegas residency, and her perfume line.

Much of Britney’s wealth stems from her career as a recording artist. She has released nine albums and has over 100 million records worldwide since the beginning of her career.

She played ten world tours, and Spears performed a multi-year Las Vegas residency, “Piece Of Me,” which paid off well.

The Recording Industry Association ranked her the ninth best-selling female artist in the United States and the best-selling teenage solo artist of all time.

No. 2. Cosmetics

Spears launched her first perfume in 2004 and continues to sell a line of fragrances produced by Elizabeth Arden to this day. Her original fragrance Curious was the biggest debut in the history of perfume sales and brought in more than $100 million in 2005.

A total of 24 fragrances have been released under her name and are available at major retailers including Walgreens, Walmart and online at Amazon. Some of the spirits include:

  • Curious
  • Fantasy
  • midnight fantasy
  • private show
  • Believe
  • The circus
  • Prerogative
  • Rocker Femme Fantasy

Spears’ perfume line continues to be popular with her fans and perfume buyers.

Number 3. X Factor Judge

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In 2012, Britney Spears agreed to judge the reality show The X Factor.

She made $15 million during that season and it was her only season as a judge.

How did Britney Spears spend her money?

It is estimated that roughly 25% of Spears’ gross income goes to her agents, lawyers, and managers, with another 40% going to federal and state taxes. She paid about $500,000 in child support to her ex-husband, Kevin Federline, who is the guardian of her children.

Money lost in legal custody

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In 2008, Spears was placed under legal guardianship by her father after the public became aware of her mental health issues. Her father, Jamie Spears, took control of her finances and performance schedule.

Spears eventually recovered from her problems, but her father retained control of Britney’s assets with the help of a court-appointed guardian. Jamie Spears and her court-appointed guardian exercised excessive control over his daughter’s income and spent her income on questionable goods for themselves and other family members.

Financial mismanagement by her father

Britney Spears’ father paid himself a salary of $16,000 a month plus $2,000 a month for office space and took a percentage of all deals made for his daughter. Jamie Spears received 1.5% of the gross from Britney’s Part of Me residence in 2011. Meanwhile, her former attorney received an annual salary of $520,000 and her living expenses averaged $440,000.

Britney Spears has far less cash than she should have due to financial mismanagement, although she is still financially stable. She regained control of her autonomy and finances when a judge ordered Britney Spears’ guardianship to end on November 12, 2021.

Britney Spears partying?

Britney Spears partyed until her breakdown in 2008. Her most famous image is arriving at a party with Paris Hilton and Lindsay Lohan in an exotic Hilton sports car in 2006.

However, after Spears recovered from her nervous breakdown and found stability, she does not go to parties much. Instead, she has found happiness with her husband, Sam Asgari, and prefers to lead a quiet life with him in the Hollywood Hills.

How many houses does Britney Spears have?

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Britney owns one house, or rather, a mansion in the Beverly Hills area. She paid just under $12 million for the 11,650-square-foot property in Calabasas, California and lives next to her ex, Kevin Federline, and their two sons. The deal closed around May 2022 and Britney and Sam moved into residence in June 2022.

The mansion sits on a 1.6-acre plot of land and features an outdoor pool with hot tub, home theater, spacious kitchen, fully equipped gym, and lounge/dance studio. The house has six bedrooms and nine bathrooms in total. The Tuscan-style architecture includes an entrance door adorned with fountains on either side of the stairs.

What car does Britney drive?

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Britney Spears currently drives a $155,000 Mercedes-AMG SL-63. She has previously owned other exotic sports cars, including Jaguar, Maserati, BMW, Range Rover, Audi and Smart models.

Spears was unable to drive after her father gained control of her estate and custody.

READ MORE: Ivanka Trump Net Worth – How Rich Is Ivanka Trump?

Britney Spears Net Worth – The Future Is Still Bright

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Britney Spears has a bright future even at 40. She has a long career ahead of her and her star power is unabated. Millions of young girls who grew up listening to her music still flock to her whenever they get the chance.

There is no doubt that she will be able to financially recover from the damage her father did to her estate and move on to another chapter of life in which she will reach new heights of success.

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