Britney Spears is among the most popular pop stars in the world and not to forget, one of the richest. Today, almost everyone has heard her name and if you are a pop music fan, you can sing a couple of songs of her most hit numbers – Oops! I did it again, I am not a Girl, Baby One More Time and I am a Slave 4 You, to name a few.
With all the great work that is under her name, she has made it big with a net worth of over $215 million as of 2018. Let us know more about her net worth and success story.
Britney Spears’ early years
Born on 2 December, 1981 in Mississippi, Britney Jean Spears grew up in a small town Kentwood in Louisiana. Her birthplace was a Bible Belt with socially conservative Protestantism has been a strong religious influence. She is the second child and eldest daughter of James Parnell Spears and Lynne Irene Bridges.
She wanted to attain stardom since a very young age. She started taking dance lessons at the age of 3 and was shortlisted to perform a solo dance at the yearly recital of her school. When she was just 5, she performed on “What Child is This?” for her teachers, classmates and all the parents during her kindergarten graduation. She also took voice lessons and bagged awards for several kids’ talent shows. She was always a winner!
At the age of 8, Britney tried for The Mickey Mouse Club, but she was rejected. The reason was not her inabilities but her young age. Matt Casella, the casting director was impressed by her performance and introduced her to a NYC based talent agent, Nancy Carsen. Soon after Nancy saw the wonders SPears can do, he suggested to her mother to enroll her at the very renowned Professional Performing Arts School. Lynne, her mother took the advice and moved to the Big Apple to ensure that her eldest daughter got an opportunity to realize her dreams.
Spears soon earned her first professional role when she was cast for an Off-Broadway musical, Ruthless. She then participated in Star Search, a TV show where aspiring artists of all ages participated and performed various talents. Spears sang “Love can Build a Bridge” on stage. Though she didn’t win the show, her talent was acknowledged and was considered captivating. While she was in New York, she did various TV commercials.
Her first big role came in 1992 – she was cast for The All-New Mickey Mouse Club by Disney. She danced, sang and acted along with other members, some of them are also big names in the industry today such as Christina Aguilera, Keri Russell, Justin Timberlake and Ryan Gosling. She did the show for four long years but was canceled in 1996. Post her collaboration with The All-New Mickey Mouse Club, Britney started taking classes at the Parklane Academy at her hometown McComb in Mississippi and continued polishing her talents.
Britney Spears’ success story as a singer
It was in 1997 that Britney Spears’ singing career started as she was offered to join a pop group Innosense. Her mother was her all-time supporter and strength. Lynne spoke to the entertainment industry lawyer and family friend, Larry Rudolph and it was finally decided that they will pitch for Spears to record labels to kickstart her solo career in singing. They sent out her demos to various reputed recording labels. Out of all, Jive Records was the only one to select her. The executives were blown by not just her voice but the way she performed. Soon, she started working for her first ever album in Sweden after signing a contract with Jive Records.
In January, 1999, she debuted with her first studio album, Baby One More Time. It was on top of the US Billboard 200 and in just two months from her release, it became a platinum album. The album found place on top charts of almost 15 countries. More than 10 million copies of the album were sold in just one year.
Baby One More Time landed to become the most sold album by a teenage artist.The title track was sold as a single and Britney even made a video for it. She was a schoolgirl singing and dancing with backup dancers.
On the first day of the release of her single, more than 500,000 copies were sold and it got placed no.1 on the Billboard Hot 100. It maintained it top spot for almost two weeks! Till date, more than 10 million copies of Baby One More Time have been sold, making it the best ever single by any singer. This song got Spears her first Grammy nominations in the Best Female Pop Vocal Performance category.
Britney Spears never looked back from here. She recorded her second album, ‘Oops!… I Did It Again’. It sold over 20 million copies across the world becoming another massive success in her career. Her Oops! I Did It Again Tour made unprecedented numbers of over $40.5 million. She continued to prove her worth with every single and album she released throughout her career. She also tried her hand into other ventures which were also a part of her successful growth.
Britney Spears’ other ventures
Once her singing career reached heights and she turned into a megastar, Spears started venturing out into different other areas. In 2001, she collaborated with Pepsi on a promotional deal for $7 – $8 million. She has also co-written a few books with her mother.
She did her first film as a leading actress in Crossroads in 2002. The film proved that Britney Spears was a lot more than just a singer – she proved her mettle in acting as the movie came out to be a massive hit. The film’s budget was only $12 million and it grossed over $61.1 million worldwide.
In 2002, Britney also opened her restaurant in Manhattan, Nyla. However, this didn’t work well for the singer-actress. The restaurant was shut a few months after its inauguration. In the same year, she was on Forbes’ list of the most powerful celebrities.
She made her place as a pop singer, actress and an absolute performer. In the year 2012, she collaborated with Planet Hollywood in Las Vegas. She has done several shows there regularly. It is reported that Britney has bagged over $100 million from her gig in Sin City.
In 2012, the pop star sold her California mansion, ‘Thousand Oaks’ for $7,000,000. It was a luxurious mansion with 5 bedrooms built over an area of 8,456 sq.ft. The same year, she was seen as one of the judges on a popular reality show, The X-Factor which helped her add $15 million to her bank account for the season.
Talking about her brand collaborations, she has had promotional deals with several top brands like American Express, Home Depot, Pepsi, McDonald’s, Verizon, Visa, Google, Priceline, Amazon, Estee Lauder, Comcast, Colgate and a lot more.She has also partnered with Elizabeth Arden for her fragrance line.
Most of her income has been garnered from touring. In August 2018, she started the Peace of Me Tour in the UK which was also a huge success. It was her tenth tour and she made $54.3 million throughout the four months tour. She did 13 concerts in North America and 18 in Europe.
Britney Spears’ net worth and her major expenses
According to Celebrity Net Worth, Britney Spears’ net worth as of 2018 is over $215 million. She has now signed contracts with Jive Records, Legacy and RCA.
With that whopping net worth of over $215 million, now the question is how the Princess of Pop (as she is called) spends her income. Spears is fond of shopping but not from very extraordinaryly popular retailers. She believes in simple living and shops from brands like Old Navy, Target, TJ Maxx and Macy’s. She has also been spotted shopping for clothes at Adidas, Dicks Sporting Goods and Nike for herself and her sons.
However, some other expenses of the star is obviously different from us common folks. She pays for a legal team, bodyguards and in the maintenance of her house’s elevator. After all that’s Britney Spears!
Awards and Honors
Female Artist of the Year – Billboard Music Awards, 1999
Best Selling Album by a Teenage Solo Artist – Guinness Book of World Records, 2000
Piece of Me, Video of the Year – MTV Video Music Awards, 2008
Womanizer, Video of the Year – NRJ Music Award, 2009
Choice Female Hottie – Teen Choice Awards, 2000
Britney Spears an established pop singer who is still growing over the years and her net worth is estimated to increase ever more by the end of 2020.