Britney Spears’ father Jamie Spears is a conservator perhaps famous because of his daughter. His daughter is one of the biggest celebrities in the world who has earned millions of dollars over the years.
In 2019, Jamie hit the headlines after a lengthy battle with his ex Lynne Spears, who accused him of mishandling their daughter’s money. He was awarded the conservatorship of Brtiney’s assets and money in the late 2000s.
What Is The Net Worth Of Britney Spear’s Dad Jamie Spears in 2020?
While Jamie’s exact net worth is not available in the public domain, he is essentially the guardian of all of Britney’s net worth which is around $59 million as of July 2020.
Jamie was first made the conservator in 2008 after concerns over his daughter’s mental health emerged. Their lawyer Andrew Wallet, was also given a percentage of the conservatorship.
This meant that they legally controlled all of the singer’s fortune. The court’s decision has been extended and is still in place as of July 2020.
What Is The Salary Of Jamie Spears?
According to Distractify and various other online reports, the celebrity dad has been making $130,000 per year for his role as his daughter’s financial caretaker.
In addition to this, similar sources have reported that he takes a 1.5% cut from the earnings of her performances and merchandise sales.
He Temporarily Left The Job As Conservator
The BBC reported that Jamie stepped down from his role as conservator, in which he had stayed for 11 years, on 5 September 2019.
He said at the time that he had ‘personal health problems’ which prevented him from doing the job for a while. The court approved his request in and he was replaced by Jodi Montgomery.
After this, he filed a petition to place his daughter in his care once more. See this video for more details:
Spear’s Life Was Threatened By A Colon Rupture
Jamie had an unfortunate and severe colon rupture which almost killed him in 2018. Since then his health has not fully recovered.
Brintey canceled her shows and tours following her father’s illness. In a statement she said
“It’s important to always put your family first … and that’s the decision I had to make.”
The FreeBritney Movement
Brintey was placed in a mental institution while under the guardianship of her father and later, a podcast said that the singer had been placed there against her will.
This sparked the FreeBritney Movement (#FreeBritney), which petitioned for the singer to be released.
Jamie Reportedly Abused His Grandkids
After allegations of breaking down a door and manhandling his grandson who was 13 years old at the time, the star singer’s father was placed under public scrutiny.
The court also granted a restraining order against Jamie which barred him from contacting his grandkids as per The Blast. The charges were later dropped due to insufficient evidence.
He Fought And Won Guardianship Of His Daughter Against His Ex-Wife
The conservator’s ex Lynne Spears accused him of not being able to handle their daughter’s financial affairs and legally fought him to gain control over her daughter’s assets.
After a toxic battle, the case was won by her father.
Recently, (in July 2020) fans started the Free Brtiney movement again and wanted her to take control of her life instead of her father. This comes after news that Kanye West announced he was going to run for president.
This incident has placed the mental health of celebrities under the microscope once again.
Many have accused the 12-year guardianship of James ‘Jamie’ Spears over his daughter’s life just grab for money. They have also accused him of being abusive towards his daughter.