Justin Bieber Bought Music Catalog For $200 Million As a result of He Was Broke

Justin Bieber made someplace between $500 million and $1 billion because the world’s greatest pop star, however he blew all of it … and ended up being in such dire monetary form he needed to sell his music catalog for $200 million.

TMZ has a brand new documentary, “TMZ Investigates: What Happened to Justin Bieber,” now obtainable on Hulu, and a part of our investigation digs into Justin’s cash issues.

Folks on Justin’s facet instructed us he was on the verge of “monetary collapse” again in 2022 … a lot in order that he felt he needed to promote the rights to his music that December.

We’re instructed Justin’s supervisor Scooter Braun tried to inform him it was a nasty concept to promote so early in his profession, and to at the least wait till January 2023 to get a tax break … however Justin did not need to wait so he bought it in December.

Plenty of artists have bought their catalogs, however Justin is by far the youngest to do it … and we’re instructed being broke had so much to do along with his determination.

Our Bieber documentary additionally explores Justin’s psychological well being, marriage, cash troubles, his church and his profession.