Justin Bieber Blames Business Managers For Mishandling His Fortune, Reportedly Considering A Lawsuit

Justin Bieber is reportedly considering taking legal action against his former business managers for their mismanagement of his money.

Bieber, 30, has not revealed the sum of money he has lost. With a net worth valued at over $100 million, he is not financially struggling.

The pop star hasn’t been active in recent months. Bieber’s last album was released in 2021, and he canceled his 2022 concert tour in order to prioritize his mental health. In June, Bieber’s team announced that he had axed business with his long-time manager Scooter Braun.

There has been no mention to whether Braun is one of the managers Bieber plans to file legal action against, but a statement at the time of Bieber’s departure read, “Justin is excited about the projects he is currently working on and is focused on what’s in front of him.”

Recently, Bieber’s past relationship with rap mogul Sean Combs has been called into question as allegations of Combs’ trafficking and assault pour in. Combs, 54, is currently in jail awaiting trial on unrelated trafficking charges. He has continued to deny all allegations.

Resurfaced footage from Bieber’s teenage years show him and Combs spending an unusual amount of time together given their age difference. The relationship between the two has been dubbed by many online as “creepy.”

In the video, Combs, beside a 15-year-old Bieber, tells the camera Justin is, “Having 48 hours with Diddy, where we hanging out and what we’re doing we can’t really disclose.”

Combs went on, “But it’s definitely a 15-year-old’s dream. I have been given custody of him. He’s signed to Usher and I had legal guardianship of him [Bieber] but for the next 48 hours he’s with me and we’re gonna go full crazy.”

In the clip, Justin smiles nervously and adds awkward comments like “yeah” and “full crazy.” He tries to stand as far from Combs as he can and looks uncomfortable on camera.

In July, Bieber earned $10 million to perform at an Indian billionaire’s wedding.