October 21, 2021


The Entertainment News People

Here Is What Britney Spears’ Mom Makes From Her Conservatorship

Since the commencement of the #FreeBritney campaign, people have been curious about Lynne Spears’ net worth and if Britney Spears’ mother earns money from her conservatorship.

Britney’s father, Jamie Spears, was married to Lynne, a former daycare owner and school teacher from Mississippi, in 1976. In 1977, they gave birth to their first child, a male called Bryant (Britney’s elder brother).

Britney Spears was born in 1981, while Jamie Lynn, her younger sister, was born in 1991. After nearly 26 years of marriage, Lynne and Jamie separated in 2002.

In 2010, they reconciled, and in 2014, they appeared to be back together. Lynne and Jamie appeared to have totally divorced by 2020.

Lynne has collaborated on two books with Britney after her daughter’s popularity. Britney Spears’ Heart to Heart was released in 2000 and is a memoir about Britney’s life, career, and relationship with her mother.

A Mother’s Gift, a fiction novel about a young girl from Mississippi who leaves her tiny village and her mother to seek a music career, was released a year later, in 2001, by Lynne and Britney.

In 2004, the book was turned into the television film Brave New Girl. Lynne has also authored a memoir titled Through the Storm: A True Story of Fame and Family in a Tabloid World, which she published in 2008.

Following the publication of the memoir, Britney’s former manager, Sam Lufti, filed a defamation suit against her, alleging that he isolated and drugged Britney while working with her.

Britney blasted Jamie, who has been the conservator over her $80 million fortune since 2008, and her family for their involvement in her father’s crimes at a court hearing for her conservatorship in June 2021.

“Not only did my family do nothing, but my father was on board with it. My father had to approve everything that occurred to me… She stated, “My entire family did nothing.”

What does Lynne get paid from Britney’s conservatorship?

The quick answer is that there isn’t anything. Lynne does not get any money from Britney’s conservatorship because she is not one of her conservators.

Since her conservatorship was established in 2008, Britney has had four conservators: her father, Jamie Spears; her lawyer, Andrew Wallet; her care manager, Jodi Montgomery; and the financial firm Bessemer Trust.

When Britney’s conservatorship was established in 2008, Jamie and Wallet were designated co-conservators. In 2019, Wallet resigned as Britney’s conservator.

When Jamie stepped down as Britney’s conservator in 2019 because of health concerns following a life-threatening burst colon in 2018, Montgomery briefly took over.

Despite Britney’s lawyer’s request that Montgomery is appointed as her permanent conservator, Jamie returned to the position in 2020.

In 2021, the court designated Bessemer Trust, a financial firm, as a co-conservator with Jamie over Britney’s inheritance, over Jamie’s protests.

According to court records acquired by TMZ, Lynne has never been one of Britney’s conservators, although she did request the judge in 2020 to be part of Britney’s conservatorship due to worries for her daughter’s health.

According to TMZ, Lynne is unlikely to become Britney’s conservator since the role would require her to relocate from Louisiana to Los Angeles and work 24 hours a day, seven days a week.

Britney wanted her mother to be a part of her conservatorship, a source told Entertainment Tonight at the time.

“Britney has requested her mother to be a part of her conservatorship because she trusts Lynne. “She really feels that her mother wishes to assist her in gaining more financial autonomy,” the insider added.

“Britney is well aware that her psychological well-being appears to be linked to her spending habits. She realizes she isn’t ready for total control just yet, but she wants greater freedom to spend as she pleases… Lynne, she believes, will take her wishes more seriously.”

Lynne is also one of Britney’s only family members who has publicly supported the #FreeBritney movement. In 2019, she was observed like numerous #FreeBritney comments on Instagram.

She also addressed fans who complained that their #FreeBritney remarks had been removed from Britney’s social media pages at the time. Lynne concurred with the fans, stating that she, too, had observed that many comments vanished.

Lynne wants Britney’s conservatorship to terminate and her daughter to move to a “care plan,” a source told Us Weekly in 2020.

“Lynne wants a care plan in place that will allow Britney’s personal life to be transitioned out of the conservatorship. Jamie has warned her that Britney needs long-term supervision and that he does not believe she is ready to take such severe measures,” the source added.

Despite the fact that Lynne appears to be one of Britney’s most sympathetic family members, Britney informed the judge during her June court hearing that her whole family is complicit in her conservatorship being extended for so long.

“Given that my family has been living off my conservatorship for the past 13 years, I wouldn’t be shocked if one of them had something to say [against my conservatorship being terminated],” Britney stated. “I just don’t like the sense of working for the folks I pay.”

She further stated to the judge that she intends to “sue” her relatives for their involvement in her conservatorship.

“To be really honest with you, I’d like to sue my family. I’d also like to be able to tell the world about my experience and what they did to me, rather than keeping it a well-guarded secret for the benefit of all of them,” she added.

“I want to be heard about what they did to me by forcing me to keep this bottled up for so long; it’s bad for my heart. I’ve been so angry that I’ve been crying every day. It worries me since I’ve been told I can’t reveal who did this to me.”

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