Summary

• Britney Spears reportedly made $40 million in 2023, putting concerns about her finances to rest according to insiders.
• Even without consistent memoir revenue, Spears' affordable shopping habits and savings from the end of her conservatorship are positive.
• Reports of Spears' out of control spending were exaggerated.

From the moment that Britney Spears became a music superstar, she has been under a harsh spotlight. After all, the media likes to report on everything about Spears, including what her relationship with Selena Gomez is like and who she is dating.

On top of the focus on Spears' private life, fans want to know things like how she makes money and what her most popular songs are. Unfortunately, there were some reports claiming that Spears was going broke. However, a report claims that the truth is that Spears made a fortune in 2023.

This article will reveal how Britney Spears reportedly made a huge amount of money in 2023. Then, the article will look at why so many outlets reported that Spears' spending was out of control.

Britney Spears Made $40 Million In 2023 And Has No Money Issues According To An Insider

At the height of Britney Spears' career, it was abundantly clear that she was making money hand over fist. After all, Spears sold millions of albums, made money from merchandise, toured, and even headlined a movie.

However, during the 2020s, most of those revenue streams had been gone for Spears for years. Spears hasn't performed onstage in years, her merchandise is long gone, and her acting career is in the rearview mirror.

In May 2024, US Weekly published an article about Britney Spears' financial situation. According to that report, which cited an insider, Spears' fans don't need to worry about her financial situation.

According to the insider who spoke to US Weekly, Spears made tens of millions of dollars in 2023 alone. “She has earned $40 million this year.”

In February 2023, Forbes published an article about the highest-paid entertainers from 2022. According to the outlet, Taylor Swift made $92 million in 2022 which made her the highest-paid entertainer in 2022. The fact that the highest-paid entertainer of 2022 brought in $92 million shows how impressive the report that Britney Spears made $40 million the following year is.

In the music business, the vast majority of famous names won't make $40 million in many years. As a result, the fact that Spears made so much money in 2023 is truly impressive assuming the insider is correct.

However, the insider who told US Weekly that Spears made $40 million in 2023 said something that could make fans worry a little. After all, the insider claimed she was paid most of that money due to her highly successful memoir.

Since Spears can't release a memoir each year, that means that she likely won't bring in the same amount in 2024. Even with that in mind, the insider claimed that when it comes to Spears, “There is no issue with money.”

As a part of their article about Spears' finances, US Weekly revealed that they spoke to other insiders. According to the outlet, some of those other insiders have expressed concerns but one of them revealed the pop star has one thing going for her.

According to what that insider told the outlet that Spears shops a lot, but her tastes aren't expensive. As the insider explained, “Britney buys a lot of clothes online" but she likes “affordable” brands so, “she isn’t buying designer”.

Another one of US Weekly's insiders stated that her spending is, "not a huge problem". That person also defended Spears by saying that she deserves to spend money on what she wants.

“Yes, Britney spends on vacations and the clothes you see her in on Instagram, but that’s her prerogative. It’s her money."

It is also worth noting that even if Spears doesn't make $40 million in 2024, she has something else going for her. As of May 2024, Spears is no longer under a conservatorship which will save her a lot of money.

What is the simplified timeline of Britney Spears’ conservatorship, according to Biography?

When Spears was under a conservatorship and fighting to free herself, she had to pay fees to many different people. There also were reports that suggested that Spears had to pay for medical procedures she didn't want due to her conservatorship. With that over, she no longer has those expenses which would make a big difference to her bottom line.

Fans Have Been Concerned About Britney Spears' Allegedly Out Of Control Spending

Before US Weekly reported that Britney Spears made millions in 2023, several outlets were painting a very different picture of her financial situation. One example of that is an April 2024 Page Six article that quoted insiders who claimed Spears' spending was out of control.

According to the insider who spoke to Page Six, Spears is ignorant about how to handle money. “She has no concept of money.”

To be clear, the insider didn't blame Spears for her lack of financial understanding. Instead, the insider claimed that the problem was that Spears had been so controlled that she didn't have the chance to learn how to handle money.

“For over a decade, other people were in charge of her bank accounts, and every purchase had to be reported to the court — even if it was just a pack of gum. But now, she’s on her own.”

A second insider who spoke to Spears stated that Spears' spending adds up very quickly. “Between flying private and booking five-star villas, it can get costly — fast.”

In April 2024, a report from TMZ which cited different insiders claimed that Spears had become "completely dysfunctional" and that her mood swings were "shocking". TMZ's source also claimed that Spears was "in danger of going broke".

While Page Six's article claimed that Spears' spending was reckless, their insider stated that TMZ's report was “grossly exaggerated”.