Justin Bieber seems to have a lot on his plate at the moment. The singer is dealing with his name being thrown around in the Diddy scandal. He and his wife, Hailey Bieber, also recently welcomed their first child together. In addition, it’s being reported that Bieber is considering suing his business managers for squandering his fortune with bad financial moves. This comes just months after rumors of Justin’s financial struggles came to light.
TMZ reports that Justin Bieber is mulling over the possibility of taking legal action against his business managers who were said to have wasted his money. However, insiders claim that Bieber’s team is divided about whether or not he should be filing a lawsuit. Some in the singer’s inner circle claim that Justin’s own irresponsible spending have caused him to have financial issues.
Justin Bieber May Sue Business Managers Amid Alleged Money Troubles
Justin previously had a net worth of $100 million before selling his music catalogue in January 2023. He sold the catalogue for $200 million, making his net worth estimated at about $300 million. However, that may not be the case.
Over the summer, it was reported by In Touch Weekly that Justin and Hailey Bieber may be struggling financially. This seemed to be hinted at after they flew commercial instead of taking a private jet.
“While they always fly private, Justin simply couldn’t afford it this time,” a source told the outlet. “He spends more money than he’s got coming in, and is now having to cut back on certain luxuries. If Justin doesn’t make some changes soon, he could lose everything. He is going to go broke,” the source added.
Fans couldn’t help but comment on Bieber possibily suing his business managers in hopes of getting some of that money back.
“So Justin’s managers were bleeding him dry just like Hailey’s said to be doing. He can’t catch a break,” one person commented via Reddit.
“I wouldn’t blame this dude if he decided to disappear from the public eye forever and live off his fortune. Everybody in this man’s life failed him in the worst way,” said another.
“The money is mostly gone to the point where he seriously needs to reign in spending,” a third comment read.
Currently, no lawsuits have been filed. Justin Bieber is said to be weighing his options and is in talks about what the next step may be.
