The pop star had Spears' net worth is estimated to be about $60 million, per Forbes. Britney Spears is now finally doing things her own way and has the freedom to dictate what she does and when she does it. In February 2008, she entered into a now-infamous conservatorship with her father, Jamie Spears, and was given fifty-fifty custody with Kevin as a part of the arrangement. Jayden can play jazz and literally anything on the piano !!! "Kevin needs that money to keep up the lifestyle that he has become accustomed to.". After her divorce in 2007, Britney lost custody of her two boys to Kevin. Under the custody agreement, K-Fed has custody of Sean Preston and Jayden James 70 percent of the time, while Britney receives 30 percent unsupervised custodial rights. Britney has reportedly been paying Kevin $20,000 a month in child support as well as tuition and schooling, per TMZ. He also guest starred in other TV shows at the time, such as NBCs 1 vs. 100 and Las Vegas. She has been with the brand since 2009, editing, writing and reporting across all entertainment verticals. The documents are being recirculated as Spears'ex-husband faces backlash over recent comments appearing to criticize the embattled pop star. For more about Britney Spears, read her 2001 book, A Mothers Gift. After their wedding, K-Fed and Britney moved into a home in Malibu, California, together. Fox News' Julius Young contributed to this report. Britney Spears is going to give her ex Kevin Federline more alimony. Powered and implemented by FactSet Digital Solutions. In September 2019, K-Fed and Britney changed their custody agreement from 50/50 to 70/30. "I'm really happy for them, but she didn't invite the whole family and then if it was just going to be me and Preston, I just don't see how that situation would have ended on good terms. Kevin Federline, 41, now has custody of the boys 70% of the time, while Britney Spears, 37, has 30% unsupervised rights. In 2009, during Spears' "Circus" tour, Federline was reportedly paid Britney's ex, Kevin Federline, currently holds 70 percent custody. Divorce is a difficult experience for anyone to go through, particularly when it comes to the issues of custody and child support. or redistributed. Britney has been paying her former partner Kevin $20,000 a month in child support as well as their childrens tuition and school costs, per TMZ. Federlines lawyer reportedly demanded $60,000 a month from Spears, which she and her conservator, father Jamie Spears, have refused to pay for claiming that he doesnt contribute financially to any of their two childrens lives. Spears said, "I'm afraid to inform you guys, I'm not willing to see you until I feel valued.". As People reported in 2021, one of the revelations brought to light in Spears' conservatorship hearing was that she'd been forced to use an IUD to prevent pregnancy, despite her wishes to "progressively move forward and have the real deal," as she wanted "to get married and have a baby. Despite her conservatorship finally ending in November, the singers custody arrangement is not expected to change. Market data provided by Factset. Soon after her wedding to Sam Asgarhi, fans found out that none of her family was in attendance, including the few she decided to invite. Federline claimed in the documents that Spears earns in excess of $34,000,000 per year. Britney Spears Pays Kevin Federline $20,000 a Month in Child He acted in 2004 movie You Got Served, as well as guest starred in a 2006 episode of CSI. News confirmed that the father-of-two requested an increase in the $20,000 he receives each month, "given that the kids are older and the financial circumstances of the parties are significantly different than when the child support was originally resolved.". In 2018, K-Fed asked to increase his child support rate, which Britneys conservator, her dad Jamie Spears, was against. Market data provided by Factset. We just hit it off right away, K-Fed told People in 2008. Drew Barrymore Burst Into Tears On Her Show When She Was Completely Surprised By David Letterman. "As a result, Kevin had to file a formal request that the court determine what the appropriate amount for child support is. Our eyes met and that was it. We watched Green Book and he sat down and immediately started playing the blues.. Well, according to Celebrity Net Worth, K-Fed is worth $1.5 million, which includes the settlement he received from Britney, as well as money he made from his music and acting career. Two weeks after it was revealed that Britney Spears and Kevin Federline were gearing up for a legal battle following his demand for more child support, the pop star has reportedly been ordered to pay her ex-husband$110,000. (K-Fed also has two children, a daughter named Kori Madison and a son named Kaleb Michael, with his ex-fiancee, Shar Jackson.) On top of this, pays for the kids's school, insurance, and clothing. The semi-autobiographical fiction novel, which was co-written with Britneys mother Lynne Spears, follows Holly Faye Lovell, a 14-year-old girl from the small town of Biscay, Mississippi, who has dreams of becoming a singer. According toTMZ, Spears has been paying Federline $20,000 a month in child support as well as their childrens tuition and school costs, clothing, extracurricular activities and many other expenses to the tune of nearly $35,000 per month but, Federline wants more. In March, Kaplan confirmed to ET that his client wanted at least double the $20,000 a month he was previously gettinggiven Spearssuccess with her Las Vegas residency and worldwide tour, Britney: Piece of Me. She invited several famous faces to round out the 100 guests. K-Fed and Britney met at a club in Hollywood in 2004 and immediately started dating. She even shared a sweet Insta on March 24, saying, My 2 sons are geniuses !!! When Holly becomes the youngest student ever to win a scholarship to the prestigious Haverty School of Music, she must make a choice of whether to leave her mother, Wanda, behind or pursue her dreams. Spears net worth is estimated to be about $60 million, per Forbes. EARNINGS 2015 $30.5 Million. This material may not be published, broadcast, rewritten, or redistributed. Britney Spears fans have uncovered documents detailing payment Kevin Federline allegedly received fromSpear's father, Jamie Spears, the same year that herconservatorship was initiated. In 2018, Kevin asked Britney to increase her money for child support from $20,000 to $60,000 a month, saying, The kids are older and the financial circumstances of the parties are significantly different than when the child support was originally resolved., All good! Melody Chiu is a Senior Editor for PEOPLE. However, that money goes straight to his two sons although some fans wondered why Federline may have requested for such an increase. In November 2006, Britney filed for divorce from K-Fed, citing irreconcilable differences. RELATED:Inside Britney Spears & Sam Asgharis Iron-Clad Prenup & His Net Worth After Their Wedding. All rights reserved. "Britney and Kevin had a cordial relationship until Kevin started asking for more money. According to TMZ, the current arrangement has been working for the family, as Britney is still able to see her children whenever they mutually decide they want that and because both boys are getting older and generally need less parental supervision. How Did Britney Spears's Conservatorship Drama Begin? K-Feds lawyer did, however, note that Sean Preston and Jayden James father is open to a change in custody once Britneys conservatorship ends. A Cleaning Expert Explains the Best Way to Clean Cloth Face Masks After You Wear Them Good Housekeeping, 35 Delicious Pantry Recipes That Use What's Already in Your Cabinets and Freezer Good Housekeeping, The Amish keep to themselves. 11 Strict Rules That Elon Musk Makes His Girlfriends & Wives Follow, Justin Bieber Suspected As The Father Of Kourtney Kardashian's Son Reign (Instead Of Scott Disick), Why Kate Moss Was 'Scared' & 'Couldn't Get Out Of Bed For Weeks' After Working With Mark Wahlberg. All Rights Reserved. Later the court ruled that the conservatorship becomes permanent and that was a heartbreaking moment for her fans, who had seen her struggles with mental health in public. Britney has to pay Kevin $20,000 each month in child support. This includes her strained relationship with her teenage sons. Britney had her first son on September 14, 2005, when she was 24 years old, and she had her second roughly a year later on September 12, 2006. K-Fed and Britney finalized their divorce in July 2007. The best thing would be for their mom to be healthy and happy. Now they only speak through attorneys," the source said. Their marriage was annulled 55 hours later. Read more: Kevin Federline is asking Britney Spears to pay him $60,000 a month in child support and people are telling him to 'get a real job'. According to TMZ, K-Fed received $1.3 million in his settlement with Britney, as well as a child support agreement. This video is unavailable because we were unable to load a message from our sponsors. WebHow much does Britney Spears pay Kevin Federline in child support? News has reached out toSpears' attorney for comment. He also guest starred in several episodes of One Tree Hill, and starred in reality TV shows like Celebrity Fit Club and Celebrity Baggage. The content produced by YourTango is for informational and educational purposes only. Britney Spears filed for divorce from Kevin Federline in 2006 and their split was finalized in July 2007. Why Didn't Britney Spears' Family Attend Her Wedding? Britney Spears in an intimate ceremony married long-time boyfriend, Sam Asghari on the 9th of June 2022 however, her sons, Preston and Jayden, and the rest of her family were conspicuously absent from the special day. He released his debut album, Playing With Fire, in 2006. While married to Spears, Federlinestarted pursuing a music career as a rapper and DJ. Therefore, his child support might plummet," the source continued. The former rapper and dancer is also dad to daughter Kori Madison, 16, and son Kaleb Michael, 14, with ex-fiance Shar Jackson. We think the reasonable needs for the children while they would be in Kevins custody is probably three times what hes currently receiving, Federlines attorney Mark Vincent Kaplan told PEOPLE of how much more child support he estimated Spears should pay his client. Included in the documents was a breakdown of the amount of money Federline was to be paid for accompanying his sons on tour. The former couple -- who were married from 2004 to2007 -- have two sons together, 13-year-old Sean Preston and 12-year-old Jayden James. His gift scares me. While married to Britney, K-Fed also pursued a music career as a rapper and DJ. Federline also worked as a modelfor brands like Blue Marlin, as well as taking up the mantle of acting, appearingin several episodes of "One Tree Hill," and starringin reality TV shows like "Celebrity Fit Club" and "Celebrity Baggage.". Framing Britney Spears is available to stream on Hulu. Britney Spears has been ordered to pay ex-husband Keven Federline $110,000 in their ongoing child support battle. Getty Images. In fact, according to Distractify, in 2020, Jayden dubbed Federline "the best dad ever" on Instagram. According to TMZ, K-Fed received $1.3 million in his settlement with Britney, as well as a child support agreement. Before Federline met Britney Spears, he worked as a backup dancer for artists including Michael Jackson, Justin Timberlake, and Pink, according to Stylecaster. Here's why they didn't come Britney Spears filed for divorce from Kevin Federline in 2006 and their split was finalized in July 2007. In an interview with The Sun, Jayden revealed they had cut ties with their mother Britney Spears. "A sum equal of $10,000 per week for each and every week of the Initial Leg," as well as "a bonus, at the sole discretion of Mr. Jamies Spears, of a sum up to $50,000. He also guest starred in other TV shows at the time, such as NBCs 1 vs. 100 and Las Vegas. After he and Britney married in 2004, K-Fed pursued an acting career. PerPeople, the mother of his eldest two children, Shar Jackson, has referred to him as an "amazing" father, and while Britney hasn't commented publicly on Federline's parenting abilities, their sons, Sean Preston and Jayden, certainly have. In legal documents filed in May, Kevin requested that Spears cover his attorney's fees incurred to date and future fees anticipated to be no less than $250,000 and $100,000 for forensic accounting fees, in addition to requesting an increase in child support. But, custody issues arose between Britney and Federline in the months that followed. Per TMZ, the couple had a prenuptial agreement before their divorce and Britney also had to pay for K-Feds $250,000 lawyer fees. Federline also receives child support from Spears for their two sons, whom he has full custody of. The new custody split has reportedly been in place since 2018, but was just finalized last week. Your source for entertainment news, celebrities, celeb news, and celebrity gossip. The father of six who shares sons Sean Preston, 13, and Jayden James, 12, with the pop star claimed he is currently earning $3,000 a month and receives Most of her assets (over $56 million) are reportedly in #JusticeForBritney pic.twitter.com/PaMXmBRI67, Britney Stan (@BritneyTheStan) August 7, 2022. A portion of her caption was dedicated to explaining the quote there is nothing stronger than the love between a mother and her son. She said, I truly believe this quote which is why I wanted to share it theres a lot I cant share with you all because my kids are very private which I love but I will tell you they are both extremely talented and Im so incredibly blessed to have these two little men in my life !!! But, custody issues arose between Britney and Federline in the months that followed. Mutual Fund and ETF data provided by Refinitiv Lipper. Jayden said, "social media helps her So if that's what she wants to do, that's what she wants to do. K-Fed debuted his next single, Lose Control, at the 2006 Teen Choice Awards. "We understand and agree that it is in the best interest of the Children that they accompany the Initial Leg and that a safe and comfortable family environment be created for the Children during the Initial Leg," the court documents stated. BREAKING: New documents show Kevin Federline was potentially being paid up to $10,000 a week by Jamie Spears during Britneys Circus Tour (the same year they initiated the conservatorship!) In 2018, K-Fed asked to increase his child support rate, which Britneys conservator, her dad Jamie Spears, was against. But she reportedly "barred" her father, mother, and sister, Jamie Lynn Spears from attending. WebHow much does Britney Spears pay Kevin Federline in child support? K-Fed debuted his next single, Lose Control, at the 2006 Teen Choice Awards. This isn't the first time Spears and Federline have had to renegotiate the agreement over care for their sons. Pop star Britney Spears was back in the news in a major way in 2021 after a tell-all documentary unearthed the story of her 13-year conservatorship that recently When Holly becomes the youngest student ever to win a scholarship to the prestigious Haverty School of Music, she must make a choice of whether to leave her mother, Wanda, behind or pursue her dreams. Were glad you asked! Under the custody agreement, K-Fed has custody of Sean Preston and Jayden James 70 percent of the time, while Britney receives 30 percent unsupervised custodial rights. After he and Britney married in 2004, K-Fed pursued an acting career. Source: Vimbuzz.com Related Posts Celebrities With Downturned Eyes Spears and Federline were married for more than two years and have two children, Sean Preston and Jayden James, together. Fans are now calling into question whether Federline may have benefited from Spears being under a conservatorship and what has prompted him to speak out now. Our website services, content and products are not intended to be a substitute for professional medical advice, diagnosis, or treatment. Her family conflicts have been well-documented. ), matters concerning the former couple's kids are likely to be more on the pricey side, too and some settlements end up being nothing short of outrageous. He released two singles, Yall Aint Ready and PopoZo, after his and Britneys wedding. Spears disclosed she has been made to feel anxious and pathetic for wanting to be engaged in her son's lives, according to The Daily Mail. Christina Esuabom is a freelance article writer from Africa, who loves writing words that make reality TV sound even more real! Keep up with her onInstagramandTwitter. He released his debut album, Playing With Fire, in 2006. This court order is just another chapter in the pair's months-long battle over child support. ", Today, Kaplan told E! If the court decides that this should be a reasonable needs order, then we're going to use expert testimony to establish what the reasonable needs are of the minor children. After months of tangling over child support, Britney Spears and Kevin Federline have reportedly come to an agreement. Please consult your doctor before taking any action. Both the singer and Federline are satisfied with the appointment that has now been made. After his divorce from Britney, K-Fed modeled for brands like Blue Marlin, as well as appeared on the WWE and acted in a Nationwide Mutual Insurance Company commercial for the 2007 Super Bowl. Powered and implemented by FactSet Digital Solutions. As Holly starts her new life and makes posh new friends, she finds herself embarrassed by her mom and their humble background, as Wanda struggles with a long-hidden secret that could destroy her bond with her daughter forever. So What Really Went Down At Britney Spears's Wedding? For more on their child support battle, watch the video below: How Britney Spears and Kevin Federline Went From Friendly Exes to Feuding (Exclusive), Kevin Federline Is Seeking Increase in Child Support From Britney Spears, Kevin Federline Celebrates 40th Birthday at Vegas Strip Club Amid Child Support Dispute With Britney Spears, By signing up, you agree to our "I'm not saying that I'm not happy for her,' explained Jayden in an interview with The Daily Mail. According to Radar Online, in 2020 Federline was finding it hard to book gigs as a professional DJ. Most of her assets (over $56 million) are reportedly in the forms of investments and real estate, with just under $3 million in cash. And if either of those things arent true, it doesnt provide for the best setting for custody to be exercised, the attorney said. Per People, from the time their whirlwind romance began back in 2004, he has been labeled a "gold-digger" and, according to TMZ, 2018 saw the now-disgraced Jamie Spears suspicious about Federline's attempts at increasing child support amounts after Britney's Las Vegas residency. Britney Spears Ordered to Pay Kevin Federline $110,000 in Ongoing Child Support Battle Instagram The former couple, who tied the knot in 2004 and split in late And theyre hiding a horrifying secret. Jamie Spears was then appointed conservator of Britney, and a lawyer was designated as co-conservator of the estate to assist Britney's father in overseeing all of her financial matters. In November 2006, Britney filed for divorce from K-Fed, citing irreconcilable differences. According to the source, Federlines monthly expenses also only added up to about half of the $20,000 hes getting. E! In 2013 Federline married Victoria Prince, with whom hes welcomed two daughters, Jordan Kaye, 7, and Peyton Marie, 3. The site also reports that K-Fed receives $20,000 per month in child support for his and Britneys two sons. Who's Still Together From 'The Perfect Match'? What supplements should we really be taking? Britney Spears has been living her absolute best life. This material may not be published, broadcast, rewritten, He released two singles, Yall Aint Ready and PopoZo, after his and Britneys wedding. I just thought it would be too much if we had done it when we were supposed to, she said at the time. He left high school in the ninth grade and started dancing with the nonprofit organization, Dance Empowerment. The out-of-pocket costs to begin a conservatorship are the filing fee, which ranges from Britney Spears to pay $650,000 for Lynne's attorneys? As Holly starts her new life and makes posh new friends, she finds herself embarrassed by her mom and their humble background, as Wanda struggles with a long-hidden secret that could destroy her bond with her daughter forever. K-Fed and Britney met at a club in Hollywood in 2004 and immediately started dating. The outlet also reported that the Spears camp has agreed to raise the amount payout by $10,000, but thats it. While married to Britney, K-Fed also pursued a music career as a rapper and DJ. In March 2007, Britney and K-Fed reached an initial divorce settlement, but it wasnt until that July that their divorce was finalized and the former couple agreed to share custody of their kids. We know this is the real thing, why not just do it now? Thats why I wanted to sneak and do it our little way. K-Fed and Britneys wedding came a year before Britney married her childhood friend, Jason Alexander, in Las Vegas. The singles were panned by critics. Federline claimed in the documents that Spears earns in excess of $34,000,000 per year.. She oversees PEOPLE's music and events coverage and has written cover stories on Taylor Swift, Selena Gomez, Melissa McCarthy, Blake Shelton and Sandra Oh. In court documents, Federline said he makes $3,000 a month as a DJ and can't work as a dancer anymore because of his age. Legal Statement. According to TMZ, K-Fed received $1.3 million in his settlement with Britney, as well as a child support agreement. Not to mention the additional $35,000 per month for the boys clothing, extracurriculars, and other expenses. Heres how to watch it for free. Their second child together, a son named Jayden James, was born in 2006. Britney Spears' ex-husband Kevin Federline wants her to pay him more child support raising her payments from $20,000 a month to $60,000, according to The Blast. In recent months, Spears has been candid about her struggles with mental health, especially following her father's health issues and her previous struggles with anxiety. Access your favorite topics in a personalized feed while you're on the go. What Is Britney Spears's Relationship With Her Sons? Spears, 36, met Federline in court earlier this month, Olivia Newton-John's daughter Chloe reveals 'promise' she made to mother before her death, Emma Stones 'And' co-star Willem Dafoe had her slap him 20 times to get scene right, Prince Harry's 'attacks' on 'villain' Camilla led to Frogmore Cottage eviction: expert, Film industry reacts to death of 'Saving Private Ryan' star Tom Sizemore: 'You're a legend', Matthew McConaughey and Camila Alves take bumpy second flight after 'CHAOS' on Lufthansa plane: 'Wish me luck'. On top of this, pays for the kids's school, insurance, and clothing. It's the most challenging thing I've ever had to do in my life. Stay up to date with what you want to know. Less than a year later, Britney was put under a conservatorship and her father, Jamie Spears, was named as the conservator over her $80 million estate. (Reuters). WebRead more: Kevin Federline is asking Britney Spears to pay him $60,000 a month in child support and people are telling him to 'get a real job' In recent months, Spears has And who knows? Salary 2014 Annual Last September, the singer also took to Instagram to share some ~thoughts~ on her boys birthdays. News reported that the agreement, which also sees Federline get custody of 13 year-old-Sean Preston and 12-year-old Jayden James 70% of the time, has been in place since 2018 before a court recently made it official. Earlier today, Britney shared some pretty exciting news that shes expecting a third baby with her fianc Sam Asgharisomething she suspected upon returning from her trip to Maui. This reveals a deep disconnect between Britney and her family and emphasizes how much of an individual she really is. Suspicions aside, The Blast reported that child support was increased beyond its original rumored $20 000, but the exact amount has undisclosed, perhaps because, based on the testimony of his exes, Federline really does keep his children at the center of all his decisions.