Where Britney Spears lives: in the pop star’s real estate portfolio
Last month, Britney Spears spoke out against the 13-year-old guardianship which gives her father, James Spears, control of his finances. The pop star’s legal battle shines a light on her fortune of more than $ 50 million, including one corner of her assets: her real estate portfolio.
Ms Spears, 39, was one of the most successful pop stars of the 1990s and 2000s, during which time she bought and sold several properties for herself and her family members, according to property records . While she has held some properties for as little as two years, she has held others for more than a decade.
One of his oldest purchases is in his hometown of Kentwood, Louisiana. In 1999, the year her debut album was released, Ms. Spears purchased approximately 7.4 acres of land and built a 6,500 square foot home for her parents, according to property records. Her mother still lives there, according to documents filed in Los Angeles County Superior Court.
Other houses came and went faster. In 2001, when she was 19, Ms. Spears purchased a 6,300 square foot home in the Hollywood Hills in Los Angeles, records show. She sold it two years later for $ 3.85 million to actress Brittany Murphy, who died in 2009.
While not all purchase prices are known, some transactions have been hit and miss. In 2007, records show Ms Spears sold a house in Malibu for about $ 3.7 million more than she paid three years earlier. In 2012, she sold a villa in Beverly Hills for a loss of around $ 2.5 million after the market collapsed during the financial crisis.