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The Cost of Britney Spears Bad Behavior: $61 Million?


By Angela Carson
May 1, 2008
 

When Britney Spears' father, Jamie, was named her co-conservator on February 1, he took over her financial affairs.  And there have been various reports that have estimated how much money Britney Spears has lost due to her wild behavior and some staggering amounts have been reported.  Many are wondering how much money her little sister Jamie Lynn Spears will lose due to her teen pregnancy but Jamie Lynn can't touch Britney's earning yet and she certainly can't touch her losses.
The Cost of Britney Spears Bad Behavior: $61 Million? (Image: Wenn)
The Cost of Britney Spears Bad Behavior: $61 Million? (Image: Wenn)

In Touch Weekly is reporting an unbelievable amount of money that has been lost by Jmaie Lynn Spears big sister Britney.  The magazine is reporting this week that after going through her books, Jamie must have learned just how much of a toll Britney’s crazy behavior, which started in February 2007 when she shaved her head, has had on her bank account - she's lost nearly $61 million, the magazine claims. "It's staggering how much money has been used up,” a family friend says.

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The report notes that in addition to the enormous tab for legal bills, rehab and psychiatric care, Britney’s inability to work has cost her a fortune. “By not touring for her last album [Blackout], she lost out on $50 million,” estimates Robert Bianchi, an LA-based CPA who isn’t an accountant for Britney.

Jamie hired his own accountants to sort out the money mess and bring an end to the 26-year-old’s excessive spending. “It’s been quite a challenge getting things under control,” the insider says. Luckily, as Britney’s mental health improves, so does her bottom line. “She’s spending about a fifth of what she used to,” the insider adds.








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