Justin Bieber Sold His Catalogue for $200 million, on the verge of “financial collapse.”
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Justin Bieber Sold His Catalogue for $200 million, on the verge of “financial collapse.”

Justin Bieber Sold His Catalogue for $200 million, on the verge of “financial collapse.”

By

TMZ’s Investigations on Justin Bieber

TMZ examined claims of Justin Bieber’s drug use, financial collapse, marriage to Hailey Bieber, and affiliation with a contentious church in an engrossing investigation.

Before selling his catalog for $200 million two years ago, Justin Bieber was supposedly on the verge of bankruptcy.

According to rumors from the musicians’ camp, Justin Bieber was nearing “financial collapse” when he sold to Hipgnosis Songs Capital, according to TMZ’s “What Happened to Justin Bieber” documentary. According to reports, the 31-year-old Bieber had squandered all of the $500 million to $1 billion he had earned throughout his previous prosperous career.

Since his client is still in his early career, manager Scooter Braun reportedly attempted to talk him out of such a deal. Apart from that, Braun suggested that Bieber wait until early 2023 to sell in order to receive a tax break.

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