And now the 61-year-old wants a raise for all his hard work.
On Thursday RadarOnline reported the Louisiana native would like to be paid over $200,000 annually for being the co-conservator of the Toxic singer who he has helped keep straight since she was placed in rehab six years ago.
Cash queen: Britney Spears, pictured performing in Las Vegas, has been paying her father to take care of her since 2008
Gimme: The patriarch wants over $200,000 a year
He has been getting $16,00 a month since the Femme Fatale hit maker was placed on a 51/50 hold after shaving her head, but wants an additional $800 a month for a better office.
The patriarch claims he oversees such important deals as the blonde bombshell's Las Vegas residency contract at Planet Hollywood.
That deal is making her $30m over two years.
The Hit Me Baby One More Time chart topper is reportedly worth over $220m.
Jamie is also the father to Jamie Lynn, Britney's younger sister who used to be an actress on the hit Nickelodeon show Zoey 101 and is now a country singer.
Jamie's compensation is half what the co-conservator of the Oops I Did It Again singer is getting.
LA attorney Andrew Wallet of Hinojosa & Wallet law firm is being paid almost twice that - $500,000 a year for his services.
It was not reported by Radar what his duties include, but on his firm's website it points out the lawyer specializes in estate planning.
All's good: The 32-year-old with dad Jamie in November at a football game in LA
The 32-year-old pop star has made a fortune since she was put back on the right path.
Not only has she turned out the hit albums Circus and Britney Jean, but she's also had successful tours. Her Circus run made over $130m a year.
Her empire also includes an extensive perfume line which includes 13 fragrances such as Curious, Radiance and Fantasy.
In love again: The Femme Fatale singer at The People's Choice Awards on January 8 with boyfriend David Lucado
For a while Britney's boyfriend Jason Trawick, who used to be an agent at William Morris Endeavor, was named as a co-conservator of her.
The Till The World Ends singer is now dating David Lucado.
Jamie isn't the only parent who is being paid by his child.
Raking it in: The Toxic singer's Las Vegas residency at Planet Hollywood is making her $30m over two years
The right path: The cover girl has stayed sober since her dad became her conservator
Kris Jenner has been making money off her daughters for years.
She not only manages them, but the estranged with of Bruce Jenner also produces their hit E! show Keeping Up With The Kardashians.
The reality maven also oversees all their sponsorships that has included deals with OPI and Sears, as well as Kim's Playboy cover.
The matriarch makes 10 percent off all her children's contracts.
That also includes Kendall and Kylie, who have been working more lately.
That means she's making millions a year, which is much higher than Jamie's $200,000 annual compensation.
Jessica Simpson was managed by her father Joe.
But there were reports in 2012 that they stopped doing business together.
Modern Family star Ariel Winter, 16, was being managed by her mother but last year took her to court to get her off the payroll.
She takes money from her kids too: Kris Jenner,
seen with daughters Kim and Khloe Kardashian on Tuesday in LA, gets 10
percent of everything her children make because she manages them
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