Britney Spears was in the public eye for both right and wrong reasons. Her conservatorship, in particular, managed to draw plenty of eyeballs from across the globe. Along with Britney Spears, Jamie Spears, her father, was also in the news for quite a long time. In her conservatorship, Jamie Spears gained too much control in her life. This was suffering for Britney. He, in fact, went ahead to control her as much as denying her the permission to remove her IUD. Finally, the court acknowledged the suffering of Britney Spears and ended the arrangement. Now that her conservatorship is over, one cannot help but wonder how much Jamie Spears gained during the conservatorship. What exactly is Jamie Spears net worth?
Sources Of Jamie Spears Net Worth
Before knowing Jamie Spears net worth, it is vital to know his exact source of income. So, first, let’s dig deep into this. Jamie Spears enjoyed a 13-year conservatorship period with Britney Spears. He enjoyed a monthly salary along with office space during this period. Before taxes, Jamie Spears was paid a minimum of $5 million. In addition, Britney Spears also paid hundreds of thousands of dollars as legal fees for herself and her conservators.
According to court documents that Forbes reviewed, Jamie Spears earned a monthly salary of $16,000 in a month. Over the 12 years, he managed to earn $2.4 million as his salary alone. This had a huge contribution to Jamie Spears net worth.
In addition, Jamie Spears also managed to lay his hand on the Brittney Spears review that came from her tour. He enjoyed 1.5% of the gross ticket along with the Merchandise Sales. This brings his cut close to $2.1 million, which again contributes to Jamie Spears net worth. The different percentage of revenue that he acquired is still not public, but we know that it was huge.
This is the reason why Spear accused her father of making her work even when she didn’t want to work and was feeling physically sick. There are additional expenses too. For instance, she spent $2,000 a month to rent her father an office. The total comes to around $300,000 for the same.
Legal Fees Of Jamie Spears
Even though the legal fees that she paid on behalf of his father are not out in public, there are rumors making rounds about it. According to sources, she was charged $170,000 by Freeman, Freeman, and Smiley for representing her father. Even though Britney Spears was paying for her father, she did not have the liberty to enjoy her own finances. Britney Spears revealed in court that she had restricted personal finance and wasn’t even allowed to carry her own credit cards!
Her plight was out in the open when she last spoke about it in court. Not only did she have power over her money but also, she could not enjoy personal freedom too.
Jamie Spears Net Worth
It is finally time to lay hands on Jamie Spears net worth. Sadly, his net worth is still a mystery. Worry not; we do have the information that you want. Even though his current net worth is unknown, we can tell you how much he managed to make out of the conservatorship.
According to reports, Jamie Spears managed to earn a total of $6,34,307.99 in the entire controversial conservatorship. This will give you quite an idea about his net worth. His net worth can be greatly determined by the types of investments that he made with this huge sum of money. Sadly, Jamie Spears has not publicly revealed what exactly he did with the money. So, proper net worth is hard to guess.