As Britney Spears’ one-year marriage to Sam Asghari comes to an end with a prenuptial agreement in place, her immense fortune has once again become a topic of discussion. Spears, who was named Forbes’ most powerful celebrity in 2002, has accumulated significant wealth from her highly successful entertainment career. From hit records to successful tours and a four-year Las Vegas residency that reportedly grossed $137.7 million, she has achieved remarkable success. In 2021, Forbes estimated her net worth at $60 million, a lower figure compared to peers like Beyonce and Rihanna. This decrease in wealth can be attributed to legal fees related to her conservatorship and her decision to cease performing and making music. By this point, the majority of her assets were invested in real estate, cash, and brokerage accounts.
Spears owns properties throughout the country, including the mansion she currently shares with her estranged spouse in Thousand Oaks. The couple purchased the property for $11.8 million, with a significant portion of the funds coming from Britney’s fortune. According to their prenuptial agreement, the house will be transferred to a limited liability company (LLC) in the event of a divorce. In 1999, Britney purchased a property in her hometown of Kentwood, Louisiana for just $29,362. Although her mother lived in the residence, Britney occasionally stayed there as well. She previously owned two properties in New York City, a penthouse sold for $6 million in 2006 and a two-bedroom condo at the Silk Building sold for $1.48 million, but the original purchase prices are unknown. She has also owned multiple multi-million dollar homes in the Los Angeles area, including a Malibu mansion purchased for $6.3 million in 2004 and sold for $10 million three years later. In 2015, she bought a massive home in the White Stallion Ranch area for $7.4 million, which is currently valued at $10 million.
Since her marriage to Sam, Britney has further augmented her fortune. She signed a $15 million deal with publishing house Simon & Schuster for a tell-all memoir titled “The Woman In Me” and released two new singles, including a version of “Tiny Dancer” with Elton John and “Mind Your Business” with will.i.am. Additionally, she signed an underlying rights agreement for the jukebox musical “Once Upon a One More Time,” which allows her to receive income from ticket sales, touring, and licensing.
Despite her immense success, Britney’s wealth has been significantly reduced since the establishment of her conservatorship in 2008. According to an insider, she had a multi-million dollar fortune in the early 2000s, but it has dwindled to just a few million dollars. The conservatorship arrangement provided her with a weekly allowance of $2,000, but her father paid himself around $16,000 per month to manage the conservatorship, and her former attorney received a yearly salary of $520,000.
The details of the prenuptial agreement regarding post-marriage earnings are currently unclear. However, according to US Weekly, the document stipulates that Sam is entitled to “$1 million per every two years” of their marriage, with a cap of $10 million after 15 years. Court documents reveal that Sam is requesting spousal support and coverage of his attorney’s fees, but it is unlikely that the prenuptial agreement will be invalidated. Sam has also waived any claims to Britney’s music collection, and his name is not listed on the deeds of their shared home.
Despite the existence of an “iron-clad” prenuptial agreement, there are still financial matters to be resolved between Britney and Sam. Neil Hersh, Asghari’s attorney, mentioned that there are outstanding issues regarding the couple’s separate assets and obligations. It is unclear at this time the full extent of community and quasi-community assets and debts. However, it is unlikely that the prenuptial agreement will be invalidated, and it is speculated that Britney may write a check to Sam to settle financial matters.
Britney has reportedly enlisted the services of celebrity divorce attorney Laura Wasser, who has represented high-profile clients such as Kim Kardashian, Kevin Costner, and Johnny Depp in the past.
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