Justin Bieber Reportedly Considering Suing Business Managers For Squandering $300M Fortune

The singer has been angry for several years because he believes he has lost a lot of money due to decisions made by his managers, according to a report on Wednesday, October 23.

Justin Bieber

Justin Bieber

American Pop singer and songwriter, Justin Bieber is reportedly considering filing a lawsuit against his business managers for mismanaging his $300M fortune.

The singer has been angry for several years because he believes he has lost a lot of money due to decisions made by his managers,  according to a TMZ report on Wednesday, October 23.

The report reads;

“It’s unclear just how much Justin thinks has been squandered — other than it’s a huge amount — but our sources say he’s discussing the possibility of filing a lawsuit against the alleged offenders. We’re told his current team is split — some members want him to sue, but others don’t.

We’re told the argument against suing is that Justin went through a period where he was spending wildly. Translation — he caused his own problem.“

Justin is not struggling financially … he sold his music catalog in January, 2023 for $200 million, and before the sale, our sources say his net worth was around $100 million.“
 

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