Britney Spears may have sparked concern after deleting her Instagram account amid speculation that it is “dysfunctional” and in dire financial straits, but the singer “couldn’t be happier” to have finally severed ties. with his father.
The pop superstar, 42, was reportedly taking a break from the internet to surround herself with friends after quietly resolving her years-long legal battle with Jamie Spears, 71, last week.
Although the ruling saddled Britney with her father’s $2 million legal bill, in addition to the $4 million she is believed to have spent on her own lawyer, insiders have dismissed claims that the Grammy winner is in “serious risk of ruin.”
“Britney closed her Instagram account temporarily to take a break and spend time with her friends after settling the legal battle with her father Jamie,” an exclusive source told DailyMail.com.
Sources have debunked claims that Britney Spears is in “serious danger of going broke” after spending her money on lavish vacations and her recent legal fees.
“She did what was best for her to end it for good and I couldn’t be happier.”
They continued: ‘No one fears for Britney and she is far from bankrupt. Yes, she needs to cut back on her use of her private jet, but she is far from broke; this is inaccurate.’
The source highlighted the recent success of Britney’s memoir, The Woman In Me, as one of the many reasons her finances remain healthy.
The source continued: “She is about to recover from her book and taking 25 percent of the net profits.”
In October, Britney happily celebrated her book becoming “the best-selling celebrity memoir in history,” with 1.1 million copies sold in the United States alone in its first week, according to sales figures.
Britney deleted her page just hours after attacking her family in a scathing post Sunday morning when she shared the cover of Jennette McCurdy’s book, I’m Glad My Mom Died.
Stay kind friends!!! Good book’, she wrote from the Nickelodeon alum’s memoir, which follows her experience as a child star with her late abusive mother.
She also posted a mirror selfie of her half-naked butt while responding to the legal ruling on Instagram.
The singer sparked concern after deleting her Instagram amid speculation that she is in a worse mental and financial situation than when she was under guardianship.
‘I was actually right about the nerve damage in my back!!!’ she wrote.
‘I have to get [acupuncture] Every day of my life now!!! Words and overthinking make it worse! If only people knew I once had to crawl to my own door!!!’
The source highlighted the success of Britney’s memoirs as a current source of income.
She continued: ‘My family hurt me!!! There has been no justice and there probably never will be!!! The people who sat back and did absolutely nothing when they did that for four months are sailing along smoothly!!!’
Britney returned to Instagram on Monday and shared a video of herself lying on a horse.
The singer, who changed her name on the platform to Xila María Río Rojo, wrote: ‘Horses and outside air!!! It’s so good to be alive.’
TMZ previously claimed that Britney was furious about the outcome of the settlement after her lawyer Mathew Rosengart assured her it was a strong case.
In legal documents obtained by the outlet, Jamie accused her daughter of using delay tactics to drag out the case.
Britney’s father was her guardian during the 13 years of conservatorship, which ended in 2021.
That June, she gave testimony about the “abusive” treatment she allegedly suffered during guardianship.
He also accused Jamie of financial misconduct as his guardian. what they paid him for $16,000 a month and received a percentage of his tour grosses.
Britney quietly settled her years-long legal battle with her father Jamie, 71, last week, but the singer was forced to cover his $2 million legal bill as well as her own $4 million in fees.
In legal documents obtained by the outlet, Jamie (pictured with Lynne Spears and her daughter Jamie Lynn) accused her daughter of using delay tactics to drag out the case.
He also accused Jamie of financial misconduct as his guardian. what they paid him for $16,000 a month and received a percentage of his tour grosses.
With the agreement, Britney and her father avoided going to trial.
The outlet also claimed that the singer’s friends have called her “completely dysfunctional,” with some claiming she is in a worse mental and financial situation than when she was under guardianship.
It was alleged that Britney suffers from “radical and shocking mood swings” and is increasingly isolated.
A source told the site that those who have remained close to the star believe she was doing better while under conservatorship, which ended in 2021.
‘She had a lot of freedom under guardianship and the restrictions were there to protect her. She is no longer protected,” the source claimed.
In a post before deleting Instagram, the star made a direct statement toward her family members by posting the cover of Jennette McCurdy’s book, I’m Glad My Mom Died.
It was also claimed that Britney is allegedly in danger of squandering her $60 million fortune after spending more than $1 million on each of her monthly trips to French Polynesia and Hawaii, photos of which she shared on social media.
He has reportedly been spending thousands of dollars on private jets and five-star resorts for regular vacations.
The singer has been treating herself to some of the finer things in life while gushing about drinking “real wine” before deleting her Instagram page.
The pop icon shared an image of a wine glass next to a bottle of Norton Reserva Malbec 2019, an Argentine wine made in the Luján de Cuyo region in Mendoza.
She wrote: ‘REAL wine feels great too!!!! Psss first time with real wine… Jesus, damn Christ!!!’