Friday, March 19, 2010

Britney Spears burns through $15 million in a year


BRITNEY Spears may have made $15.5 million dollars last year, but the pop princess has managed to spend as much as she earns.
In the 11 months to December 31 2008, Spears managed to burn through a whopping $13.5 million.

The 27-year-old pop star is well-known for her diva antics and extravagant lifestyle, but only since she lodged an expense account in court did anyone know just how much of a big spender she is.

Spears spends $1.23 million a month, reports London's Daily Mail.

And she spends more on security and staff than she does on the care of her two young sons Sean Preston, 3, and Jayden James, 2.

The singer spent more than $600,000 on security, but despite having a $122 million fortune only spent $240,000 on her children.

Spears spent the bulk of her income last year on legal fees. And a significant chunk of cash was given to ex-husband Kevin Federline to cover his family court costs.

The pair had battled for custody of their children as part of a bitter divorce, with Federline eventually being awarded them in his full care.

Her annual general living expenses are in excess of $182,000, which likely includes hefty bills for her diet and exercise regimes. There is no breakdown in the legal documents but sources close to the star have revealed she spends more than $10,000 a month on staying in shape.

Britney’s expense account

Home repairs: $65,777
Mortgage on one LA home: $382,227.82
Rent on Malibu home: $140,527.89
Cable and satellite bills: $2423.75
Pet Care: $341.28

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