Justin Bieber Was On Verge Of Financial Collapse… Before $200M Music Catalog Sale
According to a recent investigation by TMZ, Justin Bieber, the world’s biggest pop star, made a staggering amount of money, estimated to be between $500 million and $1 billion, but unfortunately, he spent it all and ended up in a dire financial situation. This led to him selling his music catalog for a whopping $200 million.
In a new documentary, "TMZ Investigates: What Happened to Justin Bieber," which is now available on Hulu, the publication’s investigation delves into Justin’s financial woes. The documentary explores various aspects of Justin’s life, including his mental health, marriage, financial troubles, his church, and his career.
Sources close to Justin have revealed to TMZ that he was on the verge of "financial collapse" back in 2022. This was a major concern for Justin, and he felt compelled to sell the rights to his music in December of that year. It is reported that Justin’s manager, Scooter Braun, advised him against making the sale so early in his career, suggesting that he wait until January 2023 to get a tax break. However, Justin was keen to make the sale and did not want to wait.
The sale of his music catalog has raised eyebrows in the music industry, as Justin is by far the youngest artist to have made such a deal. According to TMZ, being broke had a lot to do with his decision to sell. This move has sparked interest in Justin’s financial situation and the factors that led him to make such a drastic decision.
The documentary "TMZ Presents: What Happened to Justin Bieber?" provides an in-depth look into Justin’s life, covering his struggles with mental health, his marriage, and his career. The documentary is now available to stream on Hulu, offering fans a unique perspective on the life and times of the young pop star.
In an exclusive interview with TMZ, sources close to Justin revealed that his financial troubles were a major concern for him. The sale of his music catalog has provided Justin with some financial relief, but the reasons behind this decision have raised questions about his financial management.
As reported by TMZ, Justin’s financial collapse was a gradual process, and his decision to sell his music catalog was a last resort. The documentary aims to provide an honest and detailed account of Justin’s life, including his financial struggles. By exploring the factors that led to his financial woes, the documentary offers a nuanced understanding of the challenges faced by the young pop star.
The documentary is a must-watch for fans of Justin Bieber, offering a unique perspective on his life and career. As reported by TMZ, the documentary is now available to stream on Hulu, providing an in-depth look into the life of one of the world’s most popular pop stars.
In conclusion, Justin Bieber’s financial struggles and subsequent sale of his music catalog have raised questions about his financial management. According to TMZ, the documentary "TMZ Investigates: What Happened to Justin Bieber?" provides an in-depth look into Justin’s life, covering his financial troubles, mental health, marriage, and career. The documentary is a must-watch for fans of Justin Bieber, offering a nuanced understanding of the challenges faced by the young pop star.