Justin Bieber
Upset Biz Managers Squandered a Fortune …
Considering Legal Action
Justin Bieber thinks it’s way too late to say “Sorry” when it comes to some of his former business managers — he thinks they grossly mismanaged his money, and it could be time to take legal action.
Sources with direct knowledge tell TMZ … Justin’s been very upset for several years, claiming he’s lost a ton of money as a result of terrible decisions made by business managers — we don’t know how many managers, but we do know it’s more than one.
It’s unclear just how much Justin thinks has been squandered — other than it’s a huge amount — but our sources say he’s discussing the possibility of filing a lawsuit against the alleged offenders. We’re told his current team is split — some members want him to sue, but others don’t.
We’re told the argument against suing is that Justin went through a period where he was spending wildly. Translation — he caused his own problem.
Justin is not struggling financially … he sold his music catalog in January, 2023 for $200 million, and before the sale, our sources say his net worth was around $100 million.
We’re told no decision has been made as to whether Justin will file suit … discussions are ongoing.
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Frequently Asked Questions
Q: Why is Justin Bieber considering legal action against his former business managers?
A: Justin Bieber believes that his former business managers mismanaged his finances, resulting in a significant loss of money.
Q: How much money does Justin Bieber think has been squandered?
A: The exact amount is unclear, but sources suggest that it is a substantial sum.
Q: What is the current split in Justin Bieber’s team regarding the decision to sue?
A: Some members advocate for suing the alleged offenders, while others are against it, citing Justin’s past extravagant spending habits.
Q: How has Justin Bieber’s financial situation changed recently?
A: Despite the potential legal action, Justin sold his music catalog for $200 million in 2023, with an estimated net worth of $100 million prior to the sale.
Q: Is a lawsuit definite, or are discussions still ongoing?
A: No final decision has been made, and discussions regarding the potential lawsuit are still in progress.
Credit: yogossip.com
