Justin Bieber Chooses to Keep Amassed Wealth Intact
In a surprising turn of events, pop sensation Justin Bieber was compelled to sell his coveted music catalog in December 2022, as per the latest documentary by TMZ, titled "TMZ Investigates: What Happened to Justin Bieber?" streamed on Hulu.
The young singer, now 31, parted with his nearly 300 songs, fetching a whopping $200 million from Hipgnosis Songs Capital. According to the documentary, Bieber was on the verge of a severe financial crunch, a predicament referred to as "financial collapse."
In the documentary, TMZ's executive producer Harvey Levin alleges that Bieber, despite amassing a net worth between $500 million and $1 billion throughout his illustrious career, had to sell his music to make ends meet. Levin goes on to explain that, during a call with various colleagues, Bieber’s team noticed his financial distress in 2022. He was so close to the edge that he had to sell his musical catalog – the words used were "financial collapse."
Currently, Bieber has directed his focus towards his young son, who was born from his relationship with Hailey Bieber.
For those curious about Bieber's other dealings, feel free to delve into the article, "Justin Bieber Breaks Silence on Sean 'Diddy' Combs."
"What about Bieber's financial situation were celebrity fans particularly curious? They might find the answers in the TMZ documentary, which delves into his financial struggles, revealing how he had to sell his music catalog to make ends meet in the entertainment industry."
" Interestingly, despite such financial issues, Justin Bieber's dedication to his family is undeterred. Specifically, he has been focusing on caring for his young son, born from his relationship with Hailey Bieber."