Britney Spears' downward spiral. From liberation to financial crisis
Foreign media have reported a concerning development regarding Britney Spears. They claim that the pop star, adored by millions, is "completely dysfunctional." Additionally, there are rumors that she might be on the brink of bankruptcy.
11:32 AM EDT, April 30, 2024
The issue of liberating Britney Spears from her father's oversight captured global media attention. The singer was placed under a conservatorship in 2008,
When a Los Angeles court determined that her mental health issues rendered her incapable of independently making personal, professional, or financial decisions, her estate, valued at approximately $60 million at the time, came under her father, Jamie Spears' temporary guardianship.
However, this conservatorship extended over the years until the singer regained complete autonomy in November 2021. Since the court's favourable decision, much speculation in the American media has been about Britney Spears' well-being.
TMZ recently reported that Britney's situation appears to be deteriorating.
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."
TMZ further revealed that the few individuals still in Britney's life believe she fared much better under her father's supervision.
Is Britney Spears facing bankruptcy?
In addition, there's more troubling news: the 42-year-old singer has reportedly spent a substantial portion of her fortune, drawing near to bankruptcy. She bought a villa for over $4 million and indulged in lavish trips to French Polynesia and Hawaii.
"We're told Britney has been spending a fortune and is in real danger of going broke. Our sources say she's been going to French Polynesia, staying at The Brando, and spending close to a million dollars each trip between private jets, hotels, staff, etc. She goes every month or 2. We're told she also goes to Hawaii almost monthly by herself, taking a private jet, staying in the Presidential Suite at the Four Seasons, and dropping $350k a trip" reports TMZ.
Over the last three years, her spending reached an astonishing $60 million. She cannot afford this lifestyle. Post conservatorship, she was left with $60 million, and now she's on the verge of bankruptcy.
