When Britney Spears dialed in to a court hearing on June 23, 2021, she sounded, to quote one of the many hit songs that made her a global superstar, stronger than yesterday.
For 24 minutes, Spears spoke with an astonishingly unwavering confidence about the alleged abuse she endured under a 13-year conservatorship established by her father, Jamie Spears, and his associates.
“It’s been a long time since I’ve owned my money,” she said.
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Less than five months later, Britney’s wish came true: A Los Angeles judge terminated the conservatorship on Nov. 12, 2021, restoring the Grammy winner’s autonomy and granting her sole access to her $60 million estate for the first time since Feb. 1, 2008.
But two and a half years after regaining her freedom, Britney, 42, is blowing through her finances, sources tell Pvnew.
“She has no concept of money,” one insider says. “For over a decade, other people were in charge of her bank accounts, and every purchase had to be reported to the court — even if it was just a pack of gum. But now, she’s on her own.”
A second source tells us that the people in Britney’s inner circle are “in a precarious position,” as they do not want to “rock the boat and make her feel like she is in a conservatorship again” by raising concerns about her spending.
“It’s tricky,” the insider notes. “No one wants to be Jamie 2.0.”
The “Toxic” singer has not released an album since August 2016, and her last tour concluded in October 2018.
She wrote on Instagram in January that she “will never return to the music industry,” citing the trauma she has endured.
However, Britney has released two major projects since her conservatorship ended: “Hold Me Closer,” her August 2022 collaboration with Elton John that reached the Top 10 on the Billboard Hot 100, and “The Woman in Me,” her October 2023 memoir that became an instant New York Times bestseller.
We’re told the “Crossroads” star is “at the point of recoupment” with her $15 million publishing deal and earns “very significant” royalties for her candid book, which has sold more than 2 million copies in the US alone. (She reportedly gets 25 percent of the net profits.)
“She’s not broke,” our first source asserts, “but she definitely could benefit from being more careful with her cash.”
Much of Britney’s spending stems from her frequent vacations to hotspots including Maui, Hawaii, and Cabo San Lucas, Mexico.
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We hear she dropped “hundreds of thousands of dollars” last year on a single trip to French Polynesia, where she stayed at the luxurious Brando resort, which can cost upwards of $23,400 per night.
“Between flying private and booking five-star villas, it can get costly — fast,” the second insider acknowledges.
A third source echoes, “She is not going broke but should keep an eye on private jets” before shutting down a “grossly exaggerated” new TMZ report that claimed Britney is in dire straits.
Private jet charters can cost anywhere between $3,000 and $185,000 an hour depending on the size of the plane and route flown, according to business aviation company Clay Lacy Aviation.
One saving grace is that the pop star — who is going through a divorce from her third husband, Sam Asghari — will no longer have to foot a multimillion-dollar bill for her legal battle with her estranged dad.
Last week, news broke that she and Jamie, 71, had privately settled their conservatorship case instead of going to trial to tie up loose financial ends.
“Her wish for freedom is now truly complete,” Britney’s lawyer, Mathew Rosengart, said in an exclusive statement to Pvnew at the time. “As she desired, her freedom now includes that she will no longer need to attend or be involved with court or entangled with legal proceedings in this matter.”
Britney’s reps did not respond to requests for comment.
