Justin Bieber is considering suing business managers after losing $300 million. According to reports, Justin Bieber is considering suing his former business managers over financial malpractice.
The ‘Peaches’ singer has been furious for years because he believes his managers’ decisions have cost him a lot of money.
Although the exact amount of money that Bieber, 30, believes has been spent is unknown, insiders told the site that he is considering suing people who are to blame.
The pop star’s current crew, meanwhile, appears divided on the prospect of a lawsuit. According to Page Six, opponents of legal action claim that Bieber exacerbated his issues and spent foolishly for a while.
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The ‘Never Say Never’ singer, estimated to be worth $300 million, acquired the most of his income in January 2023 when he sold his repertoire to Hipgnosis Songs Capital for $200 million.
The transaction included an interest in Bieber’s master recordings, publication copyrights, and neighboring rights for his entire back catalogue, as well as shares in his publishing and recorded music catalogs.
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Hipgnosis purchases song libraries from artists and pays them when their music is played online, featured in movies, or advertising. The success of his 2010 song ‘Baby’ propelled Bieber to celebrity at the age of 13.
According to estimates, the singer of ‘Sorry,’ who recently welcomed a kid named Jack with wife Hailey Bieber, was worth $100 million before selling his music rights.
Earlier this year, Justin fired his business manager, Lou Taylor, and hired Edward White, who also works with Johnny Depp.
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