Britney Spears has no legal control of her US$59 million fortune, but how does the Kenzo muse and Vegas headliner make her money, and why does she spend it at Target – when she can, that is?
The millennial pop icon cashed in on endorsements with McDonald’s and Pepsi as well as her Elizabeth Arden perfumes and music – but the just-extended conservatorship has governed her finances for 12 years
Britney Spears is a true pop icon. She “spearheaded the rise of postmillennial teen pop” and is “one of the most successful artists of all time” according to Rolling Stone, which also listed her as one of the people who most defined the millennial generation.
The conservatorship was just extended for the fourth time this year. Financial records are required to be disclosed as part of Spears’ conservatorship, so her fortune and spending habits are well documented and public.
According to the most recently available documents, Spears has a net worth of US$59 million. And while she loves to drop money on beauty, clothes and real estate, she also favours everyday stores like Target and is actively involved in charity.
Here’s how Spears makes and spends her fortune.
Spears’ debut album … Baby One More Time, has sold 25 million copies
Released in 1999, her debut long player has sold 25 million copies worldwide – 10.7 million of them in the US as of May 2020, according to Nielsen SoundScan. That makes it one of only 24 albums to hit the 10-million mark as of January 2019, again according to Nielsen, which began tracking album sales in 1991.
She earned a nearly US$10 million advance for her third album, In the Zone
