Monday, March 3, 2008

Britney Spears in danger of losing her fortune?

Britney SpearsTroubled pop princess Britney Spears is in danger of losing her millions within four years - if she does not curb her urge to spend, it has been claimed.

The 26-year-old singer - who was previously said to be worth $100million - now has an estimated bank balance of $40million due to shopping sprees, holidays and partying.

This sharp decline in her once vast wealth is also reportedly due to spending huge chunks of her savings on houses and cars.

According to Britain's Daily Star newspaper, the Toxic singer's mother, Lynne, and father, Jamie, are now in crisis talks with the pop wreck over her financial recklessness and its consequences.

A source said:  "She was very wide-eyed and attentive but she's as addicted to buying houses and new Mercedes as she is to the attention of the paparazzi.

"There was a moment when her mother said she could be out of money within four years and her children would still be in primary school."

"That was when she really sat up and took notice."

By Owen Williams, Mar 03 2008 © Copyright 2008 - Showbiz Spy

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