‘Bank of Britney’ maintains the Spears family’s lifestyle

Britney Spears
It’s clear that Britney Spears’ recovery over the last year is due in large part to her father, Jamie Spears. Since Jamie stepped in as conservator of Britney’s estate, the pop star has resumed her career and rebuilt a relationship with her two little boys. But some people have expressed concern that Jamie Spears is also responsible for pushing Britney back into the spotlight before she was ready – possibly because the entire Spears clan lives off of Britney’s income. Numerous sources close to Britney say that this comeback was rushed at the possible expense of her long term mental health because her finances were in bad shape – which could have spelled disaster for Brit’s entire family, including her parents, siblings and of course ex-husband Kevin Federline.

“The Spears family can’t afford to have Britney take any more time off,” a source tells Star. “They have all become completely accustomed to the high life, thanks to her, and they don’t want that to end.”

Even in 2007 – when Britney barely worked – the singer made a mere $737,000 a month, court documents revealed. But thanks to her hit CD Circus, personal appearance fees and the launch of yet another fragrance, Hidden Fantasy, she’s now making more than twice that amount.

And she will need the extra cash. Insiders estimate that in 2009 she’ll end up spending a phenomenal $7.4 million on her entourage alone – including family, psychiatrists, agents, bodyguards, stylists and touring performers!

“Britney spends the bulk of her earnings on her staff,” one industry insider reveals. “She refuses to be alone – ever.” Her $100,000 a year assistant Brett Miller is a constant companion – and sources reveal she has just rehired longtime aide Felicia Culotta.

Hanging with Brit has its perks. ” She treats them to manicures, pedicures, massages and clothes,” the insider adds.

…During her promotional tour for Circus, she traveled with her management team, her dad, Jamie, her brother Bryan, dancers, stylists and makeup artists- and they got first-class treatment everywhere.

…Dad Jamie gets more than $200,000 per year for acting as conservator of her estate, while her brother Bryan – who married Graciella Sanchez, one of Britney’s managers – is paid the same handsome sum for helping oversee her trust. “Sometimes, Brit wonders why she has to pay her dad so much, because there are days when all he does is watch sports and make grits and pie,” says the insider. And Britney also hands out $180,000 a year to her mother, Lynne.

[From Star magazine print version, March 2, 2009]

The article goes on to say that Larry Rudolph, Britney’s manager, rakes in about $1.5 million a year from his famous client, while her bodyguards make about $150,000 a year each. K-Fed receives about $480,000 a year in child and spousal support from his famous ex – and now that he’s agreed to allow their sons to join Britney on tour, he’s getting an extra $5,000 a week. I’m not sure why. But as you can see, Britney Spears is a one-woman economic stimulus package – of course everyone wants to keep her working!

Britney is shown performing on 12/2/08. Credit: PRPhotos

 

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15 Responses to “‘Bank of Britney’ maintains the Spears family’s lifestyle”

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  1. for_realz says:

    maybe if BS had slipped off the radar after going bananas, maintaining “normality” wouldn’t be so expensive.

    the public wanted to see her get better, and well, can’t say if she is or not.. but she is certainly a puppet in the circus of her life.

  2. dude wtf says:

    Sorry to say the only one who deserves that money is Larry Rudolph. He brings her back everytime. She wouldnt have a dime if it wasnt for him. I think he truly wants the best for her. Her family on the other hand. They should not be paid to do what they always should be doing. Which is being a mother & father.

  3. sissoucat says:

    for_realz: ditto.

    I wonder how much money Beyonc√© gives to her entourage. I suppose it’s not cheap either.

  4. Annie says:

    I feel so bad for her.

    I’m not surprised. But still. I don’t blame her for going batshit.

  5. Madelyn ROse says:

    Gosh, this makes me sad. The above poster – you are so right. Her mother and father should be parenting, which cannot be done when you are working for your child. They no longer do what is in her best interest because it conflicts with their own monetary interest. I do give her father props for being there for her and helping get her on the right path over the past year, however, the current “pay roll” should not consist of all of her relatives! Brit, I am rooting for ya!

  6. Rosanna says:

    I’ve been saying that a parent shouldn’t be her conservator since Jamie was made conservator! There’s a conflict of interest the size of Texas there! Plus, parents are too emotionally invested in seeing their child succeed and thinking that his (or like in this case, her) success means “good parenting”. I personally know the mom of a jazz musician who acts that way… and even think that not taking medications for his mental issues is a good thing because it makes him “more successful” which makes her a “great parent”.

  7. MomInNH says:

    So let me get this straight. Brit-brit goes ape shit bananas, her family comes around finally to help her… And because she’s been the cash cow all along for her family, they’d like her to get back to work now so they can all live in the style to which they’ve grown used to?

    If I was her parent I would have been there trying to help from the very beginning of her mental breakdown. And I wouldn’t have to be paid to care for my child either. That’s just wrong.

  8. Blah Girls says:

    wtf how does someone make almost $800,000 a month for not even working?

  9. becca says:

    Wow. This is just disgusting. That’s all I can really say. Her parents? The assholes need to be working. And NOT for her. They don’t want to let go of their high living lifestyle? Too fucking bad. We’re all cutting back. They should too.

  10. SixxKitty says:

    Bloody Hell…

    No matter which side of the ‘coin’ were looking at its all in detriment to Brit…

  11. tigerlille says:

    If there is any factual validity to this piece, Britney’s life is a veritable nightmare. She must wonder if anyone really loves her.

  12. boomchakaboom says:

    Good for Britney. She’s damn good at what she does, and it keeps all the important people who matter to her in her life, which is what she wants and needs, and for that she gets my admiration and respect. Men do it everyday and no one calls them puppets – they are called “successful”.

  13. mojoman says:

    Gosh, I feel really bad for Britney now. It’s no surprise she doesnt trust anyone and had a mental breakdown. For her family and “supposedly” friends to take advantage of her over and over again is really outrageous. She is just a money machine to these people..disgusting!

  14. dovesgate says:

    I just want my body to look like hers. Is that bad?

    Seriously, Brit needs to be kidnapped and stuck into a real family, who look out for each other and doesn’t turn one into a cash cow.

  15. truedat says:

    article seems like bs, because the spousal support for kevin ended last yr