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Britney Has a 'Mountain of Debts and No Money Coming in


burns

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7 hours ago, blackingouthenegativity said:

I agree mostly with what you said, but they took way more than $25 million from her. I'm pretty sure Rosengart confirmed that they spent $30 million on lawyers alone to keep the Con going. 

They did overcharge her WAY too much, could be 25 mil, could be 50 alltogether, it’s bad, we know that. 
But this unfounded incorrect “Lou Taylor stole 600 million” claim that some fans keep regurgitating makes us look like fools. 

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19 hours ago, Psammead said:

Oh, come on. What a nasty, passive-aggressive quote, about Britney never being "educated" about money. I think she did a fantastic job. When she was 23, she put everything in a trust. That alone showed how sharp she is. She worked with financial experts. She started buying real estate more than two decades ago. She bought timber. She clearly has modest tastes. The most extravagant thing she does is travel, and she doesn't even seem to go far. None of those people who plundered her resources did any better, that's for sure. All they have now is to attempt the power of innuendo and keep trying to make that "Britney is irresponsible with (her own) money" a thing. It continues to be shocking, the way they overreach.

 

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20 hours ago, everybodygoesdown said:

Nobody talks about it more because it has been debunked and is simply fan fiction.

Nobody stole 600 million from Britney. The money is and always was in the SJB trust. It's true that during the conservatorship during a brief time Tristar got power to act as a fiduciary over the trust, but that was revoked with Andrew Wallet resigning. So Lou Taylor was in charge of managing the money at some point, but there's no indication that it was stolen.

It is true that Taylor and Tristar overcharged Britney for their work, but the money that was charged is nowhere near 600 million. According to court documents from Britney's lawyer M. Rosengart, about 25 million was reaped from the conservatorship over it's 14 year course.

How much money there is in the SJB Trust is unknown, simply because it was never disclosed during the conservatorship because the money is in the trust's name, not Britney's. Britney is the trustee.  It was estimated to be at 600 million, which was seemingly confirmed after it seems that during the year that Tristar managed the trust, Tristar reported managing over 600 million for clients (aka Britney) and it was less than 100 million before.

 

 

Edited by Psammead
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8 hours ago, GmailMyHeart said:

lol it was a book advance.  Meaning, she was paid in advance lol. You don’t know if she will continue to get paid or if it was a lump sum up front. 
 

I can’t at people thinking shopping at target means she’s a frugal financial planner lol. 
 

She pays thousands upon thousands between child support, spousal support, lawyers, chef, therapists, etc.  shopping at target won’t help very much.  
 

y’all are thinking like poor people. 

Because the people on this forum aren’t that smart. She hasn’t worked in 5 years and has to pay lawyers, security, Kevin, Sam, gardeners, lost 1.7 million alone on her house and still has a lot of bills to pay and they think it such an insane idea that she is running into the red. They see her cheap outfits, the facts that she spends so much time in the house, and the fact she doesn’t keep up with her appearance and ASSUMES she frugal. Britney is not frugal, that women was buying Kevin cars, jewelry and taking him on vacations and was doing the same for sam. A book advance is an ADVANCE she isn’t getting anymore money from that book

Edited by Aj20
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13 hours ago, Aj20 said:

A book advance is an ADVANCE she isn’t getting anymore money from that book

An advance pretty much implies it's an advance. 

There's more royalties and residuals to be paid.

Advance = to pay someone some money before the regular time (

DICTIONARY.CAMBRIDGE.ORG

1. to go or move something forward, or to develop or improve something: 2. to…

)

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On 11/24/2023 at 12:57 AM, Kindsoul said:

Her 60 million earns $100,000 in interest a month. she doesn’t need a job and can do nothing for the rest of her life. 

lol 100 k is gonna be enough for a celebrity?

she pays child support each month. and she has probably so many staff working for her such as maids, gardeners, security, etc. and also the maintenance and utility bills of the mansion. (we do not know if she has other homes etc). 

how can you think 100 k or even 200 k would be enough for that each month in addition to regular spendings like grocery, shopping, vacation etc? 

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