Britney Spears: From Conservatorship to Financial Crisis
Foreign media report that Britney Spears's condition is deteriorating. Allegedly, the star, adored by millions, "is completely dysfunctional." Rumours also suggest she is on the brink of bankruptcy.
The issue of freeing Britney Spears from her father's control captured attention worldwide. The artist was placed under conservatorship in 2008.
At that time, a court in Los Angeles determined that due to mental health problems, she was incapable of making personal and professional decisions independently, as well as managing an estate valued at around £49 million. As a result, her father, Jamie Spears, assumed temporary care of the vocalist.
However, the conservatorship extended over the years. The singer regained full control in November 2021. Since the court sided with her and she achieved her freedom, American media have been overflowing with reports on Britney Spears's current situation.
Now, as TMZ reports, Britney's situation is reportedly worsening.
As for her mental health, our sources say Britney is "completely dysfunctional." Since the conservatorship ended, she has no supervision and, according to sources, has radical mood swings that we're told are shocking - said anonymous friends to the portal.
TMZ reports, "the few people who remain in Britney's life say she was doing much better when she was under a conservatorship."
Is Britney Spears facing bankruptcy?
But there’s more. It appears the 42-year-old has squandered a fortune and is nearing bankruptcy. The artist has spent over £3 million on a villa and trips to French Polynesia and Hawaii.
According to TMZ reports, during her trips to French Polynesia, Britney stayed at The Brando hotel. Each visit reportedly cost her nearly a million dollars on private jet flights, the hotel, or staff. She goes there every month or two. To Hawaii, she also travels almost every month, flying on a private jet. She stays in the presidential suite at the Four Seasons hotel. Such a trip costs about £285,000.
Over these three years, she has spent as much as £49 million. - "She cannot afford this. She had $60 million when the conservatorship ended, and she’s now where the conservatorship started — in danger of going broke," - said anonymous friends.
