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« Brit's New Lawyer Asking Jamie to Step Down | Main | Court Investigator Discusses Brit's Mental State »

Brit's Financial Details Revealed

Posted on Mon Feb 4, 2008 02:10 PM PDT

Britney Spears BSPEARSBIGFIGHT0130_08.jpg
The court investigator in Brit's hearing is about to disclose her current mental state.

He's also revealed that her assets total 40 million, and that she's got a 17 million dollar audit against Jive Records.

He also disclosed that the IRS is currently auditing Brit as well.

More details coming up...



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Posted by: Anonymous

Well this is why her dad needs to get in there before she looses everything.



Posted by: Anonymous

Wow, isn't that about 40 million less than they thought she was worth?



Posted by: Anonymous

Assets totaling 40 million is not that much when you consider she has two houses worth many of millions. Well, it's a lot to regular folks like us, but I thought she had a lot more.



Posted by: Anonymous

Jive owes her 17 million? No wonder Jive doesn't like Sam he advised Britney to order the audit I bet.



Posted by: Anonymous

She was worth 100 million at the height of her career and that was only estimated. I knew she wasn't worth that much. Not to say she isn't wealthy, she is, but if not invested and spent wisely, she could go broke, especially with all the enablers that were around her. That's why her family is concerned and they have a right to be.



Posted by: Anonymous

Anonymous 2:11, $40 million is her assets, as in the stuff she has money invested in. Her TOTAL NET WORTH is $125 million



Posted by: Anonymous

She may have 40 million dollars, but apparently she earns about $700,000 a month.



Posted by: Anonymous

She is not worth 125 million people. That figure is what the media makes off her and her crazy life. She had only 32 million when she made the prenup 3 years ago.



Posted by: Anonymous

How much of that 40 million did you ,X17, pay her to follow her around and kiss her ass?



Posted by: Anonymous

Yeah that explains the blender story trashing Sam, I bet a Jive exec put a bug in that reporters ear... 17 million missing from Jive? Well well well...



Posted by: Anonymous

The 700,000 was stretched too by Kaplan to get Kevin more money. She gets about 1/2 of that.



Posted by: TheOtherShannon

PLEASE someone put a bullet in her!



Posted by: Anonymous

She has no investments. She doesn't even have money set aside for the kids. Don't you people get it? She has been ill for a long time and doing things on her own. This is why their is so much concern. She needs advisors.



Posted by: Chicago


First of all, I don't trust Anything that Lynne Spears says. She's let these girls run wild & has actively pimped them out to Hollywood & the media.

I also think she probably taught the girls to disrespect their dad - which often happens in a divorce situation.

Britney's dad seems to be okay. He doesn't play to the media & is basically a low-key guy. I'm much happier with him being a conservator than Lynne.

Jive Records has made over 400 million dollars off Britney. Whoever negotiated her contract with them needs their head examined as well. I think Britney got screwed big time.

I'm having trouble with this Bi-Polar thing that Lynne has been floating to the press. Several members of my family have it, so I am familiar with the varying degrees of the illness. We've seen an awful lot of pictures & footage of Britney, & I've NEVER seen that euphoric manic high in her. Maybe others have. I'm just speculating that it could be something else.



Posted by: Anonymous

Brittards sure do have an interesting way of doing math. She doesn't have $125 million in assets or net worth, you morons. Those are her lifelong earnings. You just want to believe she has more than she does.



Posted by: Anonymous

You people are retarded. She has 40 million in assets. Those are her investments in things like busineses and her homes. Those things will likely increase in value! 40 million is not her net worth.



Posted by: Anonymous

Oh right, 2:16. Cuz he can just make up figures and get whatever he asks for...



Posted by: Anonymous

Anonymous 2:13, I'm not disputing you because these blogs are not the most reliable of sources. However, an asset is anything of monetary value that a person owns. House, car, jewelry, bank accounts (cash, stocks, bonds), straight up cash on the person; everything of monetary value. Then you have to decrease her liablilies (debts). Assets - liabilities = Net worth, which maby what x17 meant.



Posted by: Molly

x17 are liers, they say shes only got 40 million but she has her figers in 15 busineses! I'm sorry, this girl has way more than poxy 40 million, more near the 100 million mark, plus she has dozens of property, that she could sell.
People please use your heads, there just trying to spin it.
from TMZ

"Streisand said Brit's estate is worth $40 million. He also said Brit is in the middle of a $17 million IRS audit and she has 15 different businesses"



Posted by: Anonymous

2:13 last one - you are incorrect. The net worth of 40 mil includes liquid as well as fixed assets. She USED to be worth 125 mil. - no more.

Starbucks got 30 mil for fraps.



Posted by: Anonymous

I don't think she is bi-polar. I think chronic low level depression and anxiety. I agree Chicago... never seen the euphoric manic high..



Posted by: Anonymous

Why is she even worth 1 million? She has no talent...oh I forgot that she sucks Jive executives cocks fot that money.

Britney do us a favor take out that greasy weave let your short hair breathe, take a bath, quit biring your knubby fingernails and move abroad and jump off a cliff. We are sick of you!



Posted by: Samantha Jones

What a dumb bitch. Her only real problem is an inability to GROW THE FUCK UP.



Posted by: Anonymous

considering she only earned $8 million last year, and the way this girl blows her $$, it makes sense to me.



Posted by: That Woman Pisses Away Money Like It's Used Coffee

Hey Kevin - you're going to want to make sure that the boys do well in school. They may well have to work for a living after all.

And by the way, how much did Alli make off of "her cousin" Brit?

40 mil isn't dick in Hollywood, where a glass of water can cost $75. And by the way fans, that 40 mil is Britney ENTIRE net worth. Where it all went is the question I have.



Posted by: SOB

chicago and anon, what do you think dropping $10,000 while shopping at 2am, staying up for 4 days straight and buying a new car with cash, if it's not a manic high? That's the classic symptoms of mania, little to no sleep and poor impulse control. She is text book bipolar. The only thing I haven't seen is the depression part of it, unless you count the non bathing issues.



Posted by: Anonymous

2:16 last one - JESUS CHRIST HOW STUPID ARE YOU ANYWAY???

That figure was given to the courts BY BRITNEY'S ATTORNEYS you nimwit! THEY had to provide the court with the financials.

Your ineptitude is showing like a hot pink slip. Why don't you just bottle up your hatred of Kevin. Maybe you'll explode under the pressure & we won't have to read any more of your GARBAGE!



Posted by: SMACKING THE FUCK OUT OF A BRITARD SHOULD BE A OLYMPIC EVENT TO BAD U ONLY GET 12 TRIES

100 MILLION

MINUS 20 MILLION FOR METH/CRACK BOOZE ,HOTEL ROOMS ,FAST FOOD

MINUS 30 FOR FRAPPS

MINUS 5 MILLION FOR GAS

YEA 45 MILLION SOUNDS RIGHT.

KNOWING THAT SHE IS WASHED UP JUNKIE WHORE THAT WILL NEVER SEE HER KIDS AGAIN.

PRICELESS



Posted by: SOB

And when you're depressed you don't leave the house. You basically sit on your ass or don't get out of bed, you're not out and about all hours of the night and day.



Posted by: Anonymous

YOU PEOPLE ARE RETARDED!!! HER ASSETS IS NOT HER NET WORTH!!!! OMFG!! WHERE DID YOU PEOPLE GO TO SCHOOL! YOUR ASSETS ARE THE THINGS YOU HAVE MONEY INVESTED IN!!! SO BASICALLY SHE HAS $40 million in INVESTMENTS. HER NET WORTH CAN BE MUCH HIGHER!!!!!



Posted by: Anonymous

TMZ is reporting Lutfi won't answer his door to accept the restraining order and he's spoken with Unfitney over the weekend. How 'bout X17 publish his whereabouts and some nutjob fan can bring him out. Take your medicine, Osama



Posted by: 40 MILLION Britards

Lawyer Says Brit Worth $40 Million

Posted Feb 4th 2008 5:03PM by TMZ Staff

TMZ is in the courtroom where attorney Adam Streisand just asked the court commissioner to 86 Jamie Spears as conservator of Brit's estate.

Streisand said Brit's estate is worth $40 million. He also said Brit is in the middle of a $17 million IRS audit and she has 15 different businesses.

Streisand asked that the Commissioner name Northern Trust Bank and Howard Grossman, Brit's business manager, as conservators.

Here's the rub-- the Commish wasn't convinced that Streisand, the second cousin of Babs, was properly retained by Britney. So far, no decisions have been made.



Posted by: Chicago

2:31 you may well be correct. The manic high I've witnessed in the bi-polar people I know includes a great deal of happiness - a giddy like state - in which they think they can accomplish anything - even the unrealistic. Then they sink to total despair where they're wondering why they're even alive.

This is the behavior I haven't seen in Britney. What I've seen has been more on the impulse lines - and impulse isn't necessarily a symptom of bi-polar.

Honey, unless you've shopped in Hollywood you have no idea how easy it is to drop $10,000. That figure is nothing. Add a zero to it if you want to impress the locals. I'm not kidding either. I think she tried staying awake forever as a way to fight the hospitalization. She was afraid that if she fell asleep, they'd take her away. It was her way of maintaining control over the situation. I was concerned that she was going to give herself a heart attack!



Posted by: Anonymous

Mentally, Brit is Out to Lunch

Posted Feb 4th 2008 5:12PM by TMZ Staff

In court today, a court-appointed lawyer told the Commissioner he visited Britney yesterday just after 5:00 PM PT in the hospital. He concluded that Brit is not currently competent enough to understand the nature of the current legal proceedings, nor does she appreciate the impact that it has on her life.

The lawyer also said Britney lacks capacity to retain a lawyer.

That could be a big problem for Adam Streisand, who is trying to prove that Britney hired him.



Posted by: Anonymous

Conservators to Lutfi -- Open the Damn Door!

Posted Feb 4th 2008 5:16PM by TMZ Staff

In court just a few minutes ago, a lawyer for the conservators said they have been trying to serve Sam Lutfi with a restraining order prohibiting him from seeing Brit, but he has refused to open the door to accept service.

They mentioned that Lutfi has spoken on the phone with Britney, allegedly in violation of the restraining order.

TMZ knows Lutfi had indeed spoken with Britney over the weekend.



Posted by: Anonymous

Jamie Wants to S**t-Can Brit's Divorce Lawyers

Posted Feb 4th 2008 5:19PM by TMZ Staff

Adam Streisand has just told TMZ in the hallway the conservators (Jamie Spears and Andrew Wallet) have asked the court for the power to terminate the services of Britney's divorce lawyers, Trope and Trope.

Sources tell TMZ Jamie is especially irked that the Trope firm has a good relationship with Jamie's arch enemy, Sam Lutfi.

Stay tuned ...



Posted by: Chicago Hits The Nail on the Head

chicago and anon, what do you think dropping $10,000 while shopping at 2am, staying up for 4 days straight and buying a new car with cash, if it's not a manic high? That's the classic symptoms of mania, little to no sleep and poor impulse control. She is text book bipolar. The only thing I haven't seen is the depression part of it, unless you count the non bathing issues.

****************************

I don't think she's Bi-Polar either. I'm no doctor, but it looks to me more like Borderline Personality Disorder (black/white thinking, emotional extremes, causing poor impulse control), or Histrionic Personality Disorder (drama, using sexuality for attention), combined with high levels of anxiety and depression. Once the anxiety subsides (which likely "triggers" the other symptoms), the rest should be treatable, too.

And as for her hatred of her father - I think Chicago is right about the divorce situation. Quite often mothers will trash-talk the fathers, and the kids end up turning against their fathers because of it. And when I think about it, although my parents are still together, I really hated my Dad growing up. But at the same time, when he told me what to do about banking, cars, personal issues, I still respected him as my father and considered his advice. Blood is blood, and I hope the judge and the doctors see through all the crap and keep Jamie on to look out for her affairs.



Posted by: Anonymous

2:37 I'm a retired CPA - trained with Arthur Andersen. You are incorrect. Her net worth is the cumulation of liquid and fixed assets minus liabilities (what she owes). The courts (actually the State & Federal governments) have formulas for determining Net Worth - and they're all based on the IRS code. It isn't just some number that's pulled out of a hat.



Posted by: Anonymous

2:37 I'm a retired CPA - trained with Arthur Andersen. You are incorrect. Her net worth is the cumulation of liquid and fixed assets minus liabilities (what she owes). The courts (actually the State & Federal governments) have formulas for determining Net Worth - and they're all based on the IRS code. It isn't just some number that's pulled out of a hat.



Posted by: Chicago

2:44 That's what I was thinking (borderline personality). I think Lynne will say just about anything to put a good media spin on things.

The problem with a borderline personality diagnosis is that it really isn't treatable - at least the last I read on the Mayo Clinic site it wasn't. Also, this is something that progresses over time & can be exacerbated by drug & alcohol use.

They may be able to get Britney to a functioning state again IF they can keep her away from the drugs & alcohol. But without the layers of managers, etc. to keep her in check - I fear for the worst.



Posted by: Anonymous

Why is it so hard for some of you nuts to accept that she may have blown though a good portion of her money?



Posted by: Thoughts on Borderline vs. Bi-Polar

2:44 That's what I was thinking (borderline personality). I think Lynne will say just about anything to put a good media spin on things.

************************************

As far as I know, Bi-Polar and Borderline can co-exist together. Brit's family might have thrown out the "Bi-Polar" term to the press, but until she undergoes testing, nobody will know for sure. My boyfriend possibly suffers from Borderline, and the counsellor I was seeing (so that I could deal with him!) told me that she could do behavioural therapy with him to ease the symptoms. She said that he needs to be taught how to use a "balanced mind," where both the mind and the heart are used to make everyday decisions. Right now (or at least when a "trigger" is present, such as stress at work, or his kids doing poorly at school, or his ex raising her voice at him), he reacts to everything with his heart. All his emotions are on the extreme, until the trigger goes away and he returns to normal. Then everything is "normal" for a while...until the trigger returns, along with the chaos.

In Britney's case, the divorce proceedings are likely what's "triggering" her current state...so it makes sense why her parents are so keen to play nice with Kevin, fire Trope and Trope, and downgrade the intensity of the fight. Good plan.



Posted by: deb

u ppl are sick...brit has 100+ million dollars...she is the 2nd most rich woman in music..after madonna...stop saying whatever u wish to happen..cz brit has maaany money..and u have nothing..suck on it and understand it...and btw..GET A LIFE...



Posted by: Anonymous

So this is where the unemployed lifeless trailer trash of the world congregate.. god this is pathetic. You people seriously need to get off your ass and away from your computer, and go get a job and a life. Go spend some time doing something constructive or with your families and stop dwelling on this pathetic trash.



Posted by: Anonymous

Anonymous 2:37, You are making absolutely no sense and clearly do not know what you are talking about. You do not have to have money "invested" in something for it be be an asset. If I had $10,000 under my mattress, that is an asset. There is a difference between liquid and fixed assets, and that is were you are getting confused. And not all assets are investments, because some assets, such as cars, do not appreciate, they depreciate, and some assets don't change value at all from the day you aquire them. Therefore not all assets are an investment. BTW, I am NOT the same person who earlier said they were a CPA, but I do have a BA in accounting and have worked in the field for many years. Perhaps you are bookkeeper.



Posted by: Join The Club!

So this is where the unemployed lifeless trailer trash of the world congregate.. god this is pathetic. You people seriously need to get off your ass and away from your computer, and go get a job and a life. Go spend some time doing something constructive or with your families and stop dwelling on this pathetic trash.

**********************

Et tu, Brute?



Posted by: Anonymous

okay so u people are arguing about somebody that has more money than all of u put together will ever see in your lifetimes!

GTFOH! LOL



Posted by: Anonymous

okay so u people are arguing about somebody that has more money than all of u put together will ever see in your lifetimes!

GTFOH! LOL



Posted by: Shawnee

I've read from various places that her correct net worth is $125 million



Posted by: club5150

Thats her estate worth. not her net worth duh people



Posted by: Anonymous

OK 3:07



If You wanna talk smart at least LEARN what your talkin about. If you had $10,000 under your bed that would not be considered ASSETS!! ASSETS ARE THINGS YOU HAVE YOUR MONEY INVESTED IN!!!!


CASH IS COUNTED SEPARATELY FROM ASSETS!!!



Posted by: show us your nipples again britney

have another period and show us your bloody pantys covering your cunt again britney

your not crazy your just starting to become fun again



Posted by: Anonymous

Hey shit head...Assets - Liabilities = net worth. Therefore, the only way she could have a higher net worth than her assets (as you claim) is if she had negative liabilities, which is impossible. ie, if someone owed you money it would show up as an asset under accounts receivable not as a negative liability. Therefore, Britneys assets are $40 million. Her net worth is probably less if she has any debt, which she does. Therefore, you are a dumbshit and need to crack open a book - you read them. But first, learn to read.



Posted by: Anonymous

cash under your mattress is an asset. the matress is also an asset. Her earning potential is not an asset on a balance sheet. A balance sheet is everything she owns at one point in time, ie today. Her earning potential is an estimate. Now if she had a contract that guaranteed a certain amount of money over a certain period of time no matter what happens, that could be discounted using present value of money calculations and possibly be considered an asset but that's a stretch. The fact you or I have a job that pays a fixed salary annually is not an asset of mine or yours, it's income and it's at risk if you lose your job, become injured, or turn into a mental retard, like Britney. So you see, it's not an asset. The point is Britney will go broke with legal, medical, paying her "staff", etc. etc. She will be a penniless little whore who has to give blow jobs to smelly bums just to get enough money to live. That's assuming she is able to regain control of herself, which is highly unlikely. Face it, she's checked out. She's about two weeks away from being at the business end of a shotgun if you know what I mean........KABANG!!!!!!!!SPLAT!!!!!!



Posted by: Anonymous

ESTATE WORTH????? Are you kidding me? There's no such thing. It's called your Estate. It's called your Net Worth. You could say "what is your estate worth" but that doesn't make "estate worth" a noun. God do you people own a fucking dictionary. You must be the product of public schooling. Good luck in life, you'll really fucking need it moron.



Posted by: Anonymous

Cash is an asset. Look it up. Your ignorance is a liability. Google "is cash an asset" and see for yourself. Open an accounting or finance book and read it for yourself. If you still think otherwise, I could care less. If yo want to be an imbecile go ahead. The world needs fruit pickers too.



Posted by: James

$40 Million? What did Britney do with the other $100 Million?



Posted by: blablabla

Lawyers upon lawyers, auditors upon auditors.

Britney's carcass is being picked clean by the vultures. Soon she'll have a REASON to shop at Rite-aid and gas stations!



Posted by: S

Imagine what could be accomplished if a person had 100 million! Yet in Britney's world the majority of it was probably spent on gas, hair dye, Starbucks and a heap of trashy clothes that appear to be from Walmart. Ahhhhhhh the waste of it all!



Posted by: Anonymous

To the fruitcake on this board who is claiming cash is not an asset: What planet are you blogging from? Cash is an asset that goes into the formula to determine net worth. From reading previous posts, you have already had two accounting professionals tell you this, and now you have a third. We will tell you no more. But I challenge you to call any accountant in the phone book (recommend small company, you'll have a better change of getting thru to the actual account) and ask him/her: Is a person's cash, regardless of where it located, considered an asset and therefore used to determine their net worth? I guarentee you they will say yes. I sure hope you aren't working in the accounting field, or at least hope you are a beginning student.



Posted by: Anonymous

I think that her LIQUID ASSETS are 40 million, & that her total net worth is over 100 million because she's got houses, a plane, actions...



Posted by: Anonymous

To Join the Club! Guess you're also an idiot, if you've got such an interesting life, then don't post here, go f+*!k yourself.
Démerde-toi!!!!



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