Britney Spears is reportedly doing far worse than she did while she was still under conservatorship and is in "serious danger" in terms of her mental and financial health.
This disclosure by an insider came after Spears' legal camp celebrated that she is now "completely free" after settling her last case with her father. Interestingly, this is followed by a post from the star herself, claiming she achieved "no justice".
Britney Spears Isolated, Dysfunctional, and Going Broke With Unreasonable Expenses
Regarding her mental state, TMZ reported that Spears is "completely dysfunctional," that she has no supervision since the conservatorship has expired and that she has "shocking" extreme mood swings. TMZ also discovered that the pop legend is entirely alone and consequently extremely unstable.
The source explained, "She had lots of freedom in the conservatorship and the restrictions were there to protect her. She's not protected anymore."
TMZ reported that Britney could likely go bankrupt due to her extravagant spending.
Based on the outlet's sources, she has been traveling to French Polynesia, staying at luxury resort The Brando, and spending about a million dollars every time she travels for personnel, hotels, private planes, and other expenses. She reportedly visits every other month.
ALSO READ : Britney Spears Claims There's 'No Justice' Despite Settling Conservatorship Battle With Father
According to TMZ's sources, she also travels to Hawaii almost monthly, always flying private, booking the presidential suite at the Four Seasons, and spending upwards of $350,000 each time.
Britney Spears Net Worth 2024
Celebrity Net Worth estimates that Spears is worth $70 million in 2024. With just under $3 million in cash, the majority of her assets (more than $56 million) are purportedly held in real estate and investments. Although $60 million might seem like a huge sum to the average person, it's pretty low for a megastar like Spears.
For example, in 2021 Forbes compared Spears' net worth to those of Jessica Simpson and Jennifer Lopez, whose career trajectories have been quite similar to Spears' in terms of releases, endorsements, and other branding opportunities, are worth over $100 million.
While there are allegations that her father, Jamie Spears, didn't handle her finances well, Britney is also no longer working as much as she once did. Her Las Vegas residency, which grossed $137.7 million, ended in 2017, and her last album, Glory, came out in 2016. Her finances could continue to worsen because she does not want to resume her music career.
Since the end of her conservatorship in November 2021, she has only released two songs, both of which were collaborations (2022's "Hold Me Closer" with Elton John, and 2023's "Mind Your Business" with Will.i.am). The site reports that she stopped doing television commercials in 2015.
Spears hasn't released new music since 2016 and stopped touring in 2018.
Spears did release her memoir, The Woman in Me, last fall, which was an instant bestseller, but it was reported that the pop star will only get 25 percent of the net profits from the book, following her $12.5 million advance. The book included bombshell revelations about her conservatorship, former relationship with Justin Timberlake, and more.
"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," TMZ's source said.
Moreover, the settlement she entered with her dad was excessively pricey too.
She paid around $4 million to her attorney, Mathew Rosengart, and has agreed to pay Jamie's legal bills, which total around $2 million.
At present, her entire Instagram has been deactivated as well -- an unusual move for Spears, who is known for her frequent, if unusual, posts.
READ MORE: Jamie Lynn Spears' Cryptic Post in Wake of Britney's $2M Legal Bill Settlement with Father Jamie
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