Justin Bieber has reportedly sold his music catalog for $200 million due to alleged financial difficulties
Sources from TMZ claim that Justin Bieber’s former manager, Scooter Braun, advised against the sale, citing potential tax benefits.
Despite that, Bieber still went on with the deal.
The report reads: “JustinBieber made somewhere between $500 million and $1 billion as the world’s biggest pop star, but he blew it all and ended up being in such dire financial shape he had to sell his music catalog for $200 million”.
“TMZ has a new documentary, “TMZ Investigates: What Happened to Justin Bieber,” and part of our investigation digs into Justin’s money problems”.
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