The net worth of Britney Spears in the year of 2021 is low compared to her earnings throughout her career. Britney’s residency in Las Vegas grossed over $130 million. She has sold more concert tickets and albums than both Jennifer Lopez and Jessica Simpson. But, her net worth is much lower than both stars. So, how much is Britney Spears’ net worth now?
Britney Spears’ net worth
Britney Spears is an American pop singer, actress, and entertainer. She rose to fame in the late 1990s and early 2000s. In 1992, Britney made her singing debut on Star Search. Although she did not win, she went on to star in Disney’s The All-New Mickey Mouse Club with other future stars, including Christina Aguilera and Justin Timberlake.
In the year of 1999, Britney Spears’ first single, “Baby One More Time,” was an instant hit. On its first day, it could sell more than 500,000 copies. Britney continued her rise to fame with a four year stint of platinum albums. She reached some Grammy awards and went on many worldwide tours.
Britney Spears is largely credited with reviving the teen pop genre during the late 1990s. To date, he has sold over 100 million records worldwide. The Recording Industry Association of America (RIAA) lists Spears as the 8th top-selling female artist in the United States.
At the peak of Britney’s career in the early 2000s, she was one of the highest-paid entertainers in the world. In 2002 alone, she could earn $40 million from touring and record sales.
In 2002, Forbes named Britney Spears as the world’s most powerful celebrity. She had an estimated net worth of $40 million that year. In the years that followed, Britney Spears released five hit records and went on six concert tours in the year of 2008. Even, her Las Vegas residency grossed $137.7 million. Britney delivered another 4 albums and 4 more world tours.
When we write this article, Britney’s world tours have grossed $500 million worldwide. Between 2013 and 2017, she earned $350-$500 thousand per night performing at a Las Vegas residency.
As of 2021, Britney Spears’ net worth is only $70 million.
Early Life and rise to success
Britney Spears began her performance career as a child with acting roles on the stage productions and in television shows. She auditioned for a revival of The Mickey Mouse Club, however was rejected for being too young to join the series. Later, Britney Spears became a client of a New York City talent agency. Finally, she was cast in The Mickey Mouse Club in December 1992. “Baby One More Time,” her first studio album was a major hit, debuting at number one on the United States Billboard 200. After a month, the Recording Industry Association of America certified the album two-times platinum. On its first day, the single “Baby One More Time” sold 500,000 copies debuting at number one on the Billboard Hot 100, and becoming the fastest-selling single ever by a female artist.
The next albums of Britney Spears produced some hits including “Oops” (2000), “Did It Again” (2001), “I’m a Slave 4 U” and more. Also, she has dabbled in the world of acting and got a starring role in the 2002 film Crossroads. Britney Spears starred in the reality series Britney & Kevin: Chaotic in 2005. She has made a lot of appearances on TV shows and designed a limited edition clothing line for Candies.
In the year of 2012, Britney Spears became a judge on The X Factor. With a salary of $15 million, Britney was the highest-paid judge on a singing competition series in television history at the time. As of 2020, she has released nine albums: Baby One More Time (1999), Oops (2000), Did It Again (2001), In the Zone (2003), Blackout (2007), Circus (2008), Femme Fatale (2011), Britney Jean (2013) and Glory (2016).
Britney Spears conservatorship is ruining her net worth
The issue with Britney Spears’ net worth is the conservatorship run by her father, Jamie Spears, not her spending. In the year of 2008, after a series of public mental breakdowns, she was placed under a court-ordered legal conservatorship. A judge granted her father Jamie Spears a conservatorship over her personal affairs and finances. Through the conservatorship, Jamie Spears controls ever dollar in Britney’s empire, from legal fees to Kevin Federline’s child support.
In the thirteen years since the conservatorship started, Britney Spears has paid millions of dollars in legal fees. Her assets are mostly part of brokerage accounts, cash and real estate. In the year of 2020, her lawyer reported that Britney Spears refuses to work again until her father is removed from the conservatorship.
The Court documents released in the middle of 2014 showed that Britney Spears has a net worth of slightly more than $41 million, almost $7 million in cash and the rest in real estate. Based on the research, in August 2013, the conservatorship was worth $36.1 million. Thus, it has increased $5 million in that year. Also, according to documents got by TMZ, the conservatorship does not include a valuable collection of other assets that Britney owns or controls.
Real Estate of Britney Spears
Britney Spears has owned some homes in the Los Angeles area over the years. In th eyear of 2017, Britney sold a mansion in Thousand Oaks for $7 million. She bought this mansion in 2012 for $6.7 million. Britney owns a second mansion in Thousand Oaks which sits on 20-acres. She bought this mansion in 2015 for $7.4 million. Back in the year of 2003, Britney Spears sold a house for $3.85 million to the late actress Brittany Murphy. Formerly, she owned an estate in Malibu that she sold for $10 million in the year of 2007. Britney took a $2.5 million loss on a Beverly Hills property which she purchased for $6.75 million and sold for $4.2 million. Also, she owns a large family compound in her native Louisiana.