Since her breakdown in 2007 and early 2008, Britney Spears’ finances have been controlled by her co-conservators – her father, Jamie Spears, and attorney, Andrew Wallett. The conservatorship was to assist Britney with managing her financial affairs after she shaved her head, performed poorly at the MTV Video Awards, and locked herself in her bathroom with her young son for 24 hours.
Recent court filings show that Britney earned $56 million last year and spent $385K. Predictably, her ex-husband, Kevin Federline, wants to triple the $20K/month child support he receives from Britney. The one time back up dancer has six kids – two with Britney, two with his first wife, and two with his current wife – but only earns $35K/year. Britney and her co-conservators oppose the increase request. The child support will end in any case when their youngest son turns 18 in 2024.
1. If the conservatorship has limited Britney’s spending to $385K, it is clearly working so why end it?
2. $240K should be more than sufficient for K-Fed’s two sons with Britney. He likely needs the extra cash to support his other 4 children.
3. Some of Britney’s favorite stores per the filings are Target, TJ Maxx, Old Navy, Ralph’s, and McDonalds. You can take the girl out of Louisiana but apparently you cannot take Louisiana out of the girl.
Photo Credit: Reuters/Mario Anzuoni – RC1AEDAB9420
License: Fair Use/Education (from linked article)