Justin Bieber Sold Music Catalog For $200 Million Because He Was Broke

Justin Bieber made someplace between $500 million and $1 billion because the world’s largest 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 out there 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 thought 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 rather a lot to do along with his choice.

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