Friday, May 2, 2008

Britney Blows $61M

Wow! I wish we could have an itemized breakdown, don't you?? How do you spend $61M in one year?!
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Britney Spears has blown $61m this past year, it has been revealed.

The troubled singer’s father — who was named co-conservator of her estate on February 1 — made the discovery after going through her books.

“It’s staggering how much money has been used up,” a Spears family friend says.

The ‘Toxic’ hitmaker has been forced to shell out a fortune on expensive legal bills, rehab and psychiatric care, as well as losing money due to her inability to work since her infamous head shaving incident in February 2007 and her admittance into a psychiatric ward earlier this year.

Robert Bianchi, an LA-based CPA who isn’t an accountant for Britney, said: “By not touring for her last album [Blackout], she lost out on $50 million.”

Jamie Spears hired his own accountants to examine Britney’s accounts, 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.

“She’s spending about a fifth of what she used to,” the insider adds to In Touch Weekly. (Source: Showbiz Spy)

4 comments:

Jackie said...

Dang. That's a lot of loot. I would love to know what it was spent on as well.

Rachel said...

An itemized list would be interesting. I don't feel badly to hear that she's spent it though...SHE's the one that made it, after all. I guess that giving up your childhood should afford you the luxury of spending what you earned whenever/however you want to spend it.

Marlena said...

She was just trying to do her part in stimulating the economy. She should get a medal or something. 61 million?

And I agree, her money she can do what she wants with it. I couldn't imagine spending that kind of money but whatever. I wonder if she gave any of that to charity?

Anonymous said...

I blew 61 Million Pesos after a bullfight in Mexico once.