James Parnell Net Worth: How Rich Is The Author Actually?

James Parnell Spears was born on July 6, 1952, in the town of Kentwood, in the state of Louisiana, in the United States. His nationality is that of the United States of America, and his ethnicity is that of an American white.

The same can be said of his faith, which is Christianity, and his race, which is white. As of the year 2021, James has just celebrated his 69th birthday, and as he was born on July 23, his astrological sign is Cancer.

He is the offspring of his parents, June Austin Spears (1930-2012) and Emma Jean Spears. His father passed away in 2012. (nee Forbes; 1934-1966). At 13, James’ mother took her own life while standing over the grave of her newborn son.

Jeanine Spears, June Spears, John Spears, Austin Spears, and William Spears are his four older and one younger siblings, respectively. James also lived through an automobile tragedy that took the life of a fellow football player when he was 17 years old.

James Early Life

James Parnell Spears came into the world on July 6, 1952, in the town of Kentwood, Louisiana. His mother took her own life when he was 13 years old. His first wife was a woman named Debbie Sanders Cross, and his current partner is a woman named Lynne Irene Bridges.

They have three children named Bryan Spears, Britney Spears, and Jamie Lynn Spears, all of whom result from his second marriage. Sean Preston Federline, Jayden James Federline, Maddie Briann Aldridge, Ivey Joan Watson, and Sophia Alexandra Spears are some of the grandkids who belong to James Parnell Spears. Because of the scandal surrounding his daughter Britney Spears, he emerged at the forefront.

Personal Life Of James Parnell

James Parnell Spears is a person who is already in a committed relationship. In 1972, he wed Debbie Sanders Cross, who would later become his first wife; however, they filed for divorce the following year, in 1975, and two years later, in July 1976, he wed Lynne Irene Bridges, who would later become his second wife. Later, in 1980, she submitted a petition for divorce and a request for a temporary restraining order.

She did so out of the fear that he would “become angry when he is served with these papers” and harass or harm her, “especially if he has been drinking alcoholic beverages, as he has done in the past.”

In other words, she feared that he would “become angry when he is served with these papers.” However, they could patch things up, and Britney was born the following year.

They had a divorce in May of 2002 but then got back together without getting remarried sometime around 2010. In 2014, they were still physically seen together, but by 2020, it was clear that they were no longer together at all.

The pair is parents to three children: a boy, Bryan Spears, who was born in 1977, and two girls, Britney Spears, who was born in 1981. Jamie Lynn Spears also joined the family in 1981. (born 1991).

They also have five grandkids, including grandsons Sean Preston Federline (born 2005) and Jayden James Federline (born 2006) from Britney, granddaughters.

Maddie Briann Aldridge (born in 2008) and Ivey Joan Watson (born in 2018) from Jamie Lynn, and Sophia Alexandra Spears (born in 2011) from Bryan. Spears does not identify as having a gay or lesbian sexual orientation.

Conservatorship Controversy

While Britney’s court-appointed lawyer submitted a court filing on August 17, 2020, that documented her desire to have her conservatorship altered to reflect “her current lifestyle and her stated wishes,” Britney’s father, James Parnell Spears, referred to the #FreeBritney movement as “a joke” and its organizers as “conspiracy theorists” in August of 2020.

James Parnell Spears made these statements after his daughter Britney’s father called the movement “a joke.” Later, Judge Penny decided to prolong the arrangement formed until February 2021.

He permitted Bessemer Trust to serve as a co-conservator of his daughter’s inheritance with Spears in November 2020. Framing Britney Spears, a documentary directed by Spears that focuses on his daughter’s career and the conservatorship he exercises over her, debuted on FX in February of 2021.

On June 23, 2021, Britney testified against James, claiming that he forced her to check into a psychiatric hospital and a rehabilitation center in January 2019, even though she did not want to do any of those things.

In addition, she said that she was terrified of him and that he violated the conservatorship’s terms. Britney has said that he should be held accountable for his conduct and not be allowed to get away with what he did.

Net Worth Of James Parnell

Beginning in 2021, James Parnell Spears has total assets that amount to $5 million. His monthly-to-month remuneration has accumulated to $2.4 million over the last 12 years.

It is safe to say that his primary source of income comes from his work as a legal gatekeeper and conservator. Additionally, he earns $16,000 per month as a conservator, in addition to making a payment of $2,000 for the office space lease he has.

Jamie reaps immediate advantages from her shows and the monthly salary she receives for her work. In 2014, he received 1.5 percent of Britney’s revenue from her Las Vegas residency, which was a sum of $2.1 million.

FAQS

What was the purpose of the conservatorship agreement that Britney Spears had with her father?

Britney Spears was placed under such a contract due to her erratic conduct, which included shaving her head and using an umbrella to damage a paparazzo’s vehicle.

As a consequence, Britney was admitted to a mental health facility, and her father, Jamie Spears, began using his authority under the conservatorship statute to regulate her money.

Where does Jamie Spears put the money that Britney Spears gives him?

According to a story in The New York Times, Jamie Spears is paid a compensation of sixteen thousand dollars per month to serve as guardian of the conservatorship contract.

In addition, he has deducted a portion of Britney Spears’ revenues from the sale of items worth millions of dollars, and he is now managing her musical tour.

Why did Jamie and Lynne Spears decide to end their marriage?

Jamie Spears was an alcoholic and a person prone to explosive outbursts. In 1980, Lynne Spears attempted to file for divorce from her husband, but she could not do so because she worried that he would hurt or harass her somehow.

When they finally decided to part ways in 2002, the never-ending struggle between them finally ended.