When it comes to husbands, it turns out that the third time is not the charm for Britney Spears. In August 2023, she announced that she and third husband Sam Asghari were splitting up after 14 months of marriage. The duo, who first met in 2016, appear to be heading toward a messy divorce as there have been accusations of cheating and even physical abuse between the two. For fans of the iconic pop star, this latest development not only raises concerns about her mental health and safety but also about her financial future.
We all know that divorce is emotionally hard, but it can also be a major expense. Given that Britney is still paying child support to Kevin Federline, ex-husband No. 2, fans and friends of the "Toxic" singer alike are wondering what this divorce will do to Britney's net worth and financial future. We did a deep dive on Britney's finances and it turns out that there is good news and not so good news when it comes to her financial situation once she's a single lady again.
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The truth about Britney's net worth.
Although Britney has been working steadily since she was a teenager and has sold over 100 million albums worldwide, her net worth is surprisingly low, especially compared to her famous peers. According to some sources, Britney's net worth is somewhere between $60 million and $70 million. While this sounds like a lot of money for most of us, it is well below the net worth of fellow singers like Taylor Swift (estimated at $740 million) and Jennifer Lopez (estimated at $400 million).
Even more concerning for Britney is that most of that net worth is in real estate, as she owns homes in California, Louisiana, and New York. By some accounts she has as little as $3 million in the bank.
Where did all her money go?
Given how long her career has been and the fact that she used to be one of the highest paid celebrities in the world, some fans wonder why her fortune isn't bigger. While Britney does have a lot of expenses with her multiple homes, child support payments, and need for security services, the truth is that her lower than expected net worth is likely a result of circumstances beyond her control.
Yep, here's where her mental health struggles and loss of financial control through her involuntary conservatorship come back to haunt her.
The cost of a conservatorship.
Over the course of the conservatorship, Britney likely lost over $35 million in legal fees and payments to her estranged father, Jamie Spears. Her lack of freedom to make her own choices about her career and her limited touring ability and minimal new music for much of that time meant that the star wasn't growing her net worth for over a decade and is worth a lot less than she used to be.
And now, she's facing the prospect of a divorce. But how much does she stand to lose?
Finally some good news for Britney.
Multiple sources report that Britney and Sam signed an "ironclad" prenup before their 2022 wedding. While Sam might try to challenge the agreement, if it holds up in court, most of Britney's remaining assets should be protected. Under the terms of the prenup, Sam would be eligible for a payout of $1 million for every two years of marriage, so will likely get less than that because they separated 14 months after their wedding.
What could be a bigger concern would be the cost of legal fees if the divorce gets really messy and drags on for years.
What does Britney's financial future hold?
There may be a few bright spots in Britney's financial future. Reports indicate that she'll finish paying child support to Kevin Federline when their youngest child, Sean Preston, turns 18 in 2024. This should save her over $500,000 a year. She is also currently paying an estimated $10,000 a month for soon-to-be ex Sam's apartment and will likely be off the hook for that once the divorce is final, saving her another $120,000 a year!
In addition to saving some money, she might be on the path to earning more. She is set to have her hotly anticipated memoir, The Woman in Me released this fall, so book sales and the accompanying publicity could be a boost to her net worth.
Hopefully, Britney will have both a fierce lawyer and a great financial advisor to help her weather this next financial storm and to help her grow her net worth again.
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