Britney - I'm a Slave 4 U

CAVEAT ALERT: Forbes thinks Trump as a billionaire. Even so this seems reasonable. But suspect puts her net earnings, even with agents, managers and taxes taken out closer to or even over 100 million dollars. Plus I don’t really know how thorough that particular assessment is. Does it include social media and other revenue streams?

At the end of the day the actual amount of money her father managed to remove from her for his benefit is likely to be obscene. It’s probably much more than the 6-7 million dollars the conservatorship lawyer grifted.

Plus if she is paying that much in taxes everyone around her should be fired.

Based on that information and not knowing what her highest earning year was nor what she averaged in those other years seems like her lifetime earnings could be 300-400 million dollars.

The stupid net worth calculator website also says she is worth $60 million.

Eh ignore all of above. In this article I just found Britney listed a net worth of 46 million for the court in 2016.

Yet:

The Britney Spears net worth total comes from $324 million in concert earnings, $44 million from albums, $6 million from singles, $19 million from YouTube and $140 million from merchandise like her 19 different fragrances. There’s also $132 million in endorsement money. If that seems like a lot more than we stated above, it is. Including acting and Vegas money, Spears has earned a grand total of $670 million in her lifetime. Taxes and regular expenses chop out $337 million. Extravagant losses take away a staggering $290 million.

This article claims she was worth 84 million dollars in 2004 which is believable. But that she is worth 64 million now? And 46 million in 2016. So she lost half her net worth from 2004 to 2016 while making hundreds of millions of dollars.

Seems like worst conservatorship ever.

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Vegas shows regularly don’t make money for casinos. Most of the high end tickets are comped anyways. The point of the residency is to benefit whales gambling and entice new ones to stay with them for a show. Not to be a direct profit center.

This pisses me off a lot as well. All that is going on and that is what the court is most focused on.

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Ronan is on it.

In April, Spears had requested a hearing, in open court, to discuss the terms of the arrangement. It was scheduled for June 23rd. Members of Spears’s team, most of whom have had little or no direct contact with her for years, didn’t expect drastic changes to result.

:thinking:

Spears, according to her management, typically writes the posts and submits them to CrowdSurf, a company employed to handle her social media, which then uploads them. In rare cases, posts that raise legal questions have been deemed too sensitive to upload. “She’s not supposed to discuss the conservatorship,” the team member said.

I really don’t understand this “Conservatorship is fight club” bit. It only protects those sponging not Britney.

Spears described how she had been isolated, medicated, financially exploited, and emotionally abused. She assigned harsh blame to the California legal system, which she said let it all happen. She added that she had tried to complain to the court before but had been ignored, which made her “feel like I was dead,”

“All I want is to own my money, for this to end, and for my boyfriend to drive me in his fucking car.”

Jacqueline Butcher, a former friend of the Spears family who was present in court for the conservatorship’s creation, said she regrets the testimony that she offered to help secure it. “At the time, I thought we were helping,” she said. “And I wasn’t, and I helped a corrupt family seize all this control.”

I do believe there were at least some good intentions in regards to Britney originally going into conservatorship but it seems like it was corrupted almost immediately.

The article goes into pretty good detail on what was going on with and around Britney at that time.

Then this…,

Butcher had been told that she would be required to give more testimony and answer questions. Instead, according to Butcher, Lynne told her, “It’s taken care of.” The judge, Reva Goetz, who has since retired, arrived and announced that the conservatorship had been granted. “The whole process was maybe ten minutes,” Butcher said. “No one testified. No questions were asked.”

Goetz appointed a probate lawyer named Sam Ingham as Spears’s advocate, and then granted the conservators’ petition to waive the requirement to notify her that any of this was happening. Ingham remains in the role; Spears covers his annual salary of five hundred and twenty thousand dollars. (Her own living expenses in 2019 were $438,360.)

Wat

Jamie became a co-conservator, sharing duties with a lawyer named Andrew Wallet,

Wat wat wat wat wat

Jamie or someone working with him checked a box indicating that Spears had dementia.

Probably quickest way to get a conservatorship just lie and say your 26 year old daughter has dementia.

Three psychiatrists were asked to provide a necessary declaration confirming Spears’s lack of mental fitness. The third, James Spar, provided it. (Earlier this year, Spar said of Spears, on a podcast, “I don’t know why she still has a conservatorship.”)

Britney tried multiple times to hire attorneys to get her out of the conservatorship or move it to federal court but the judge kept refusing her on the grounds she lacks the capacity to hire an attorney. I still don’t get this part of the whole process. She should always be able to have an attorney representing solely her interests that she approves of, if she chooses to have one. Nothing else makes sense.

I’ll go years without contact, and then I’ll get a call every once in a while from her in a closet,” he said. He believes that she has a phone that’s mirrored by her lawyers, and that she calls or texts only when she can get hold of another phone. “Last time she called me, she was at Ralphs, in Calabasas,” he said. “After she hung up, I got a call from the same number—it’s an Asian doctor, who says, ‘Wow, this is surreal, Britney just borrowed my phone.’

I know I am posting a lot of the article but it is really long and there is much more to it than I am posting. I definitely recommend reading it.

That year, Spears extended her Las Vegas residency, in a two-year deal worth thirty-five million dollars. Jamie had been granted one and a half per cent of the gross revenues from the performances and merchandising.

Why?!?

As Spears privately resisted her father’s involvement in the conservatorship, he used her money to fight back. Recent court documents show that Jamie’s lawyers billed nearly nine hundred thousand dollars for four months of work, from October, 2020, to February, 2021. The bill accounts for hundreds of hours of work by crisis-P.R. specialists who charged between five hundred and nine hundred dollars an hour to respond, they claimed, to media requests.

This is what is insane, not Britney.

One person on Spears’s team claimed that she was down to just a few million dollars when the conservatorship was established, and points to Spears’s net worth now—her assets are estimated at more than sixty million dollars—as evidence that it has looked out for her interests.

All the lols.

Again really good article. If you are interested in this I definitely recommend reading it.

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Except literally.

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I would note, again, that every single lawyer involved in this disgrace is a total scumbag. Every. Single. One. Including and especially the judges.

I know, not all lawyers, blah blah blah. Whatever.

Her dad belongs in jail.

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Claims that she should have additional hundreds of millions is just about the worst possible way to make me sympathetic.

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Every single person involved in this scheme needs pound-me-in-the-ass prison. The picture that’s emerging here is absolutely horrifying and I doubt we’ve heard the worst of it yet. A 26-year-old Britney Spears didn’t have fucking dementia. That is a straight-up scheme to defraud cooked up by people who knew exactly what they were doing. Wouldn’t surprise me if she has no serious health issues at all other than what you’d expect long-term hostages to develop as a consequence of the abuse.

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Meh. Public entertainer seems like one of the least problematic ways to make 100s of millions of dollars. I’ll take that over these assholes robbing her blind and taking advantage of someone with mental health issues.

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Yeah she actually employs a lot of people in a pretty non egregious way.

Yeah Andrew Wallet, a lawyer who stole her money, is well-known in this case. However, this also being in the Farrow article is borderline simulation:

Andrew Gallery, a photographer who worked for Spears in 2008, attended the hearing, watching the lawyers’ faces on a monitor.

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Man I didn’t catch that. Wth.

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Wait until you find out her Dad’s middle name is Embezzle.

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I probably would have went with Hitler.



Disagree about it ever being justified. There’s no way her public behavior meets the requirement, so you have to assume there is actual good underlying medical evidence that we don’t have access to, yet there’s absolutely no good reason to believe that ever existed.

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My issue is there are less extreme alternatives to conservatorship and so far no evidence any of them were ever considered.

It got earwormed by a guy who has tried to get other female entertainers into conservatorships.

The courts have a lot to answer for here and I am sure they will get on it after pouting about the public court proceeding being recorded.

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Guardianship is so often exploited in a disingenuous way. Last Week Tonight did a show on it

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Yeah it is but this is a whole new level. I at least understand how people may not be on high alert if the elderly are placed under guardianship, but in this case it was a high-earning, high-functioning 26-year-old international pop star that was locked down permanently for a decade running. The first and only question you should have when you hear that particular set of facts is “where’s the motherfucking money?”

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Agreed. But it should make you even less sympathetic towards the thieves.

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Better title than my fairly tepid Pirates of Penzance reference.