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HOW MUCH MONEY BRITNEY SPEARS’ DAD, JAMIE SPEARS, WAS MAKING FROM HER
CONSERVATORSHIP

Jamie Spears was in charge of Britney Spears' conservatorship. So, was he making
money from being in control of her finances?
by Lauren Weiler
Published on February 12, 2021
2 min read
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copied to the clipboard!

Britney Spears is known for her status as a pop icon, but she’s getting more
attention than ever due to her conservatorship. Her father, Jamie Spears, was
the one in charge of the arrangement. So, how much money was Jamie making from
the conservatorship he had over his daughter? Here’s what we know.

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WHY WAS BRITNEY SPEARS’ FATHER, JAMIE SPEARS, GRANTED CONSERVATORSHIP?

Britney Spears with father Jamie Spears, brother Bryan Spears, and mother Lynne
Spears | Chris Farina/Corbis via Getty Images

Britney is getting more attention than ever due to the recent documentary,
Framing Britney Spears, that outlines her conservatorship. CBS News explains a
conservatorship is when an individual or an organization is in charge of caring
for someone if it’s deemed they’re incapable of doing so themselves. This means
the conservator then usually takes control of the finances and life choices of
another.



Judges appointed Jamie the conservatorship in 2008. This gave him power over
Britney’s everyday decisions that centered on her health and wealth. Jamie’s
legal team asserts Jamie has always wanted nothing but the best for his
daughter.

“Throughout his service as Conservator, Mr. Spear’s sole motivation has been his
unconditional love for his daughter and a fierce desire to protect her from
those trying to take advantage of her,” they wrote.

As of August 2020, Britney expressed she wanted out of the conservatorship,
though. Her court-appointed attorney said she “strongly opposed” her father
being in charge of her life.


HOW MUCH MONEY WAS JAMIE SPEARS, MAKING FROM HER CONSERVATORSHIP?

Britney Spears attends a red carpet event in 2019 |
Axelle/Bauer-Griffin/FilmMagic


Britney has a high net worth — and many would hope her father has her best
interest in mind when it comes to her finances. Entertainment Tonight reported
in 2016 that Jamie was actually making money off of his daughter’s
conservatorship, though.

The publication notes Jamie was put in charge of “Britney’s [redacted],
business, costuming, personal, household stuff, and legal matters (touching upon
entertainment, music, other business opportunities, family law issues, the
litigation, trial and/or resolution of other disputes, and ongoing litigation
and conservatorship matters.” He was given a salary of $130,000 a year.



The conservatorship also gave Jamie reimbursement for his office and 1.5% of the
revenues of performances and merchandise linked to Britney’s residency in Las
Vegas.


JAMIE SPEARS NOW HAS LESS CONTROL OVER BRITNEY SPEARS’ CONSERVATORSHIP

https://www.youtube.com/watch?v=Z8VDNe088jk
Related

Does Britney Spears’ Conservatorship Prevent Her From Marrying Sam Asghari?



Big changes recently happened for Britney. According to CBS News, a judge sided
with Britney’s legal team. This means a third party will be given as much power
as Jamie has in regards to Britney’s conservatorship. The financial company
Bessemer Trust will now work with Jamie on a budget and investment plan that
will be in the best interest of Britney.

Jamie’s attorney argued against this decision, of course. She said the
co-conservatorship was “unclear and ambiguous by design.” This complaint didn’t
stand up in court, though. Spears’ lawyer said the two roles are equal and fair.



So, how does Jamie feel? In the recent past, it seems he welcomed working with a
co-conservator. “My client looks forward to working with Bessemer to continue an
investment strategy in the best interests of his daughter,” his legal team
mentioned.

We’ll have to wait and see how the conservatorship battle progresses.

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Lauren Weiler

Senior Writer

Lauren Weiler joined the team in 2016. She is a longtime 'Survivor' aficionado.

Contact at lauren@cheatsheet.com

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