How Justin Bieber's Financial Meltdown Takes Turns On His Music

 

Justin Bieber is a Canadian pop singer who rose to fame at a young age. He was the darling of teenagers and young adults while charting the tedious course of his music career. It did not take long before he became the biggest pop star in the world. That meant his earnings would be in many zeros, and that was what it was. 

Bieber has made between $500 million and $1 billion. That spelled it right for the biggest pop star in the world. However, like winds, somehow the money was gone, and he was broke. He had to do something drastic to survive the financial mess. Eventually, he did. 

In 2022, the pop singer sold his music catalogue for $200 million. In this period, most music icons like the late Tina Turner and Phil Collins were selling their catalogues at this time. Bieber joined in and sold his as well. His manager, Scooter Braun, thought that would be too early, and if he must, he should hold on until January of 2023. 

As Bieber is the youngest artist to sell his catalogue, TMZ's documentary, "What Happened to Justin Bieber?" investigated the singer's situation. Besides selling too early, he lost more in taxes. Had he listened to Scooter, he would have gotten a tax break. Unfortunately, he did not. He sold it in December of 2022. 

Bieber paid for his mansions in cash when his career was at its peak, however, he is now cash broke. Before his financial meltdown, he had married his wife, Hailey Bieber, four years before selling his catalogue. While he struggled with his music, he confessed to struggles with drug addiction and health issues. Never mind, the "Yummy" is doing great and was at the NHL game on a date with Hailey on Sunday night.