Britney Spears’ name has been plastered on headlines in recent weeks, courtesy of the #FreeBritney movement after she spoke out against the 13-year conservatorship that gave her father James control of her wealth.
Britney Spears’ father James had previously been in control of her US$50 million fortune, earned thanks to mega-hits like Baby One More Time, Toxic and Oops! … I Did It Again.
One of the icon’s biggest financial assets was her real estate portfolio, having bought and sold several properties for herself and family members during the peak of her mainstream popularity in the 1990s and early 2000s.
While she held on to some properties for just a few years, she has kept others for more than a decade, according to the Wall Street Journal.
The publication reported one of Britney’s longest-held properties was in her Louisiana hometown, Kentwood.
After her first album debuted in 1999, Britney purchased more than seven acres of land at just 17-years-old, building a 600sq m property on the land for her parents. Los Angeles County Superior Court documents suggest her mother still lives in the home.
At 19-years-old, Britney purchased a home in Hollywood Hills in Los Angeles. She sold it two years later to late actress Brittany Murphy for US$3.85 million.
While Britney has made considerable profit from her real estate purchases, there were a few losses along the way. In 2012, she sold a Beverly Hills villa, with an approximate loss of US$2.5 million, due to the global financial crisis.
The home, which was purchased back in 2007, boasts six bedrooms, seven bathrooms, private theatre, chef’s kitchen, maid’s quarters, a saltwater pool and jacuzzi, all nestled away in Studio City far from any major roads.
Superior Court files indicated she owned five residential properties in 2020. Total expenses for those properties topped $979,000 in 2019, WSJ reported.
Records show Britney has owned property in Louisiana, Los Angeles and New York City.
In 2015, Britney purchased a US$7.4 million estate in an area of Westlake Village called Hidden Valley, property records show. The home is now worth US$10 million, according to the WSJ.
The roughly 1200sq m home features a two-story entryway, library, game room, detached pool house with a full kitchen, a 3800-bottle wine cellar, tennis court, infinity pool, orchard and three-hole golf course, according to Zillow.
The property appears to be in the background of many of Britney’s Instagram videos, which fans carefully analyse to look for hidden messages.
Fans rejoiced outside the Los Angeles County Superior Courthouse last week after Judge Brenda Penny granted Britney request to hire an attorney of her choice for the first time in 13 years.
The pop icon also used the hashtag #FreeBritney for the first time on Instagram last week, a momentous milestone for many fans who theorised she was being censored on social media.
“Coming along, folks, coming along. New with real representation today. I feel gratitude and blessed! Thank you to my fans who are supporting me. You have no idea what it means to me be supported by such awesome fans,” she wrote in a caption, before adding the trending hashtag.