Justin Bieber’s severe financial difficulties have been revealed.
According to a new Tmz documentary, the baby Hitmaker has sold its catalog of songs, nearly 300 songs, in Hipgnosis Songs Capital for $ 200 million.
The documentary entitled, TMZ Inquiry: What happened to Justin Bieber? says the singer was on the verge of “financial collapse”.
Harvey Levin, the Tmz The executive producer claims that the Delicious The singer generated around 500 to 1 billion dollars throughout her career, but finally “had to sell her musical catalog because he was mowing”, after the cancellation of her Tower in 2022.
“I was on appeal with several people – Justin’s team recognizes that in 2022, he was about to … the words were” financial collapse “. And that is why he had to sell his catalog, “said Levin in the documentary.
He also said that when Justin’s manager, scooter Braun, learned the sale, he encouraged the artist to wait until January 2024 for his sale in order to obtain tax relief.
On this subject, Levin reported: “Justin said:” I have to sell it now “. And he sold it in December.
We do not know how Justin Bieber spent 200 million people, with a Tmz The staff member saying that he had spent $ 2 million to renovate one of his eight bus from the TowerFlying in expensive jets and paying money for many luxurious residences.