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On the verge of financial collapse, Justin was forced to sell 300 songs
2025-05-17 18:08:15 / SHOWBIZ
According to a new TMZ documentary titled "TMZ Investigates: What Happened to Justin Bieber?", Justin Bieber was reportedly in a difficult financial position when he sold the rights to his songs a few years ago. The 31-year-old singer sold nearly 300 of his songs to Hipgnosis Songs Capital for $200 million, in a deal that, the documentary says, was made because the star was "on the verge of financial collapse."
TMZ executive producer Harvey Levine claims that the famous singer had earned between $500 million and $1 billion during his career, but was ultimately "forced to sell his music catalog because he ran out of money," largely due to debts accumulated after the cancellation of his Justice world tour in 2022.
Levine also claims that when Bieber's then-manager, Scooter Braun, learned of the intended sale, he urged him to wait until January 2023 to secure tax breaks. But, as he says, "Justin said, 'I have to sell it now.'" And he sold it in December. "It was so bad financially," Levin argues.
It remains unclear exactly how his fortune was spent, but TMZ reported that during the Justice World Tour, Bieber owned eight tour buses, one of which was renovated at a cost of $2 million.
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