Justin Bieber sold his treasured 300-song catalog in a desperate bid to line his empty pockets. Sources say the former teen idol shopped his life’s work to Hipgnosis Songs Capital for a reported $200 million in 2022 to keep his head above water.
A new documentary charges Justin, 31, was near “financial collapse,” with one industry insider claiming that despite rolling up between $500 million and a billion dollars during his career, he “was broke.”
“Selling this catalog was like selling a part of himself,” a source says. “But given the choices he’s made, he had no options.”
As the National ENQUIRER has reported, the onetime chart-topping pop icon has reportedly lived like a king, splurging on high-end real estate, elaborate parties and private jets — despite not working in years. His last studio album was 2021’s Justice and, before joining SZA for her Grand National Tour concert at SoFi Stadium on May 23, the last time he performed live was in February 2024.
Despite that, “he’s blowing through cash like there’s no tomorrow,” says an insider.
That includes dropping a small fortune on six lavish homes and reportedly splashing out $300,000 at the upscale restaurant Nobu during this year’s Coachella music fest.
Just as troubling, sources say Justin has alienated himself from his former inner circle — unfollowing his former manager Scooter Braun and his assistant Allison Kaye, who juggled nearly every aspect of his life before quitting in January.
The “Sorry” singer also cut ties with his head of security and road manager, Kenny Hamilton, and longtime pal and head of his fashion brand, Ryan Good, who was the best man at his 2018 wedding to model Hailey Baldwin.
“Justin is managing himself through his own family office now, and there’s skepticism on if he can do it alone,” veteran music executive Chris Anokute said.
The What Happened to Justin Bieber? documentary claims the star’s massive debt hit def-con proportions when he chose to walk away from a reported $90 million payday after abandoning his Justice world tour in 2022.
Sources say he canceled the tour to prioritize his health after being diagnosed with type 2 Ramsay Hunt syndrome, a virus that inflames the nerves and causes shingles and chickenpox.
In a statement shared on social media at the time, Justin said, “After getting off stage, the exhaustion overtook me, and I realized that I need to make my health the priority.”
“Justin gave up his songs to save his life,” a source says. “Now he’s working without a net.”
