(NewsNation) — Singer Justin Bieber has sold millions of albums, been on successful tours and has had endorsement deals with major brands, resulting him to have an estimated net worth of $200 million, according to Celebrity Net Worth.
How did the Canadian pop star earn his millions?
Justin Bieber: 150 million albums sold
Bieber was discovered at 13 years old by talent manager Scooter Braun, who connected him with R&B superstar Usher.
Debuting in 2009 with his EP “My World,” the singer has had multiple hits throughout his career, including “Baby” off his first studio album “My World 2.0,” which is one of the highest-certified singles ever.
The “Sorry” singer has released eight studio albums since he stepped onto the music scene, having sold more than 150 million albums globally.
He’s earned multiple Billboard No. 1 hits and has won Grammy Awards.
Justin Bieber sells music catalog
Bieber sold his massive catalog to the company Hipgnosis in 2023 for $200 million, Billboard reported.
According to TMZ, in its documentary “TMZ Investigates: What Happened to Justin Bieber,” he had to sell his catalog because he was nearing financial collapse.
Bieber, who’s earned between $500 million and $1 billion, spent most of his money, TMZ reported.
His wife, Hailey Bieber, whom he married in 2019, is reportedly worth $300 million, bringing their combined net worth to half a billion dollars.
Hailey sold her beauty line Rhode earlier this year to e.l.f for $1 billion, boosting her net worth.
Justin Bieber’s business ventures
The “Peaches” singer has partnered with brands, including Proactiv, Walmart, Adidas and Calvin Klein.
His fragrances have Someday (2011), Girlfriend (2012), and Justin Bieber Collector’s Edition (2014) have earned retailers millions of dollars in sales, Celebrity Net Worth reports.
He’s also launched a streetwear label, Drew House, whose clothes have been worn by Tyler, the Creator and Timothée Chalamet.
Justin Bieber’s real estate holdings
Since his meteoric rise, the singer has owned and sold multiple properties.
He bought a home for $6.5 million in 2012 in Casabas, California, selling it in 2014 for $7.2 million to Khloe Kardashian, according to Celebrity Net Worth.
In 2019, he bought an $8.5 million mansion in Beverly Hills, selling it in 2021 for nearly $8 million.
The singer purchased an 11,000 square foot mansion for $28.5 million in Beverly Hills, where he lives with Hailey, in 2020.
He also owns a $5 million home in Ontario, Canada.
Go To Source | Author: Teddy Grant
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