Justin Bieber is reportedly considering legal action against his former business managers, alleging they mismanaged his finances for years. According to sources, Bieber has been unhappy for a long time, believing that bad financial decisions made by his managers resulted in significant monetary losses. The report didn’t specify which managers are targeted in the potential lawsuit or detail the exact amount Bieber claims was mishandled.
This development comes after a series of financial decisions in Bieber’s career, including selling the rights to his music catalog in 2023 for $200 million. While some of Bieber’s team support the potential lawsuit, others have pointed out that Bieber’s own spending habits, as well as his wife Hailey’s reported high expenditure, might also be contributing factors to the financial concerns. Insiders claim Hailey Bieber’s spending has raised some eyebrows, including private jet trips and luxury items like a $1.5 million diamond ring.
Additionally, Bieber recently parted ways with his long-time manager Scooter Braun, with Braun’s camp clarifying he was never directly involved in the singer’s financial management. With ongoing discussions and no lawsuit filed yet, Bieber’s future legal steps remain uncertain as he navigates a challenging period in his career and personal life.
