Justin Bieber Net Worth: $300 Million

 

Justin Bieber

Category: Richest Celebrities › Singers
Net Worth: $300 Million
Salary: $80 Million
Date of Birth: Mar 1, 1994 (29 years old)
Place of Birth: London
Gender: Male
Height: 5 ft 8 in (1.75 m)
Profession: Musician, Singer-songwriter, Actor, Record producer, Dancer, Singer
Nationality: Canada

What is the net worth of Justin Bieber?

The pop musician Justin Bieber, a Canadian, is worth $300 million. Since his 2007 YouTube discovery, Justin Bieber has sold over 150 million records globally and gone on several wildly successful and well-known international tours. He is genuinely a global phenomenon, which has brought him absurdly, absurdly enormous money. During his touring years, Justin easily earns between $60 to 80 million in total income, making him one of the world’s highest-paid musicians. Justin signed an agreement to sell the rights to his song collection for $200 million in December 2022. In 2007 and 2008, Justin Bieber was merely a preteen Canadian who uploaded music videos to the internet. Subsequently, Bieber’s manager, Scooter Braun, a former marketing expert, came upon his videos. History is what’s left.

KEY FACTS
  • Was discovered by Scooter Bruan on YouTube
  • Has sold over 150 million albums worldwide
  • First added to CNW in February 2010 with $500k net worth
  • Broke $200 million net worth in 2014
  • Earns $60-80 million per year in touring years
  • Lives in a $30 million Beverly Hills mansion
  • Sold music catalog for $200 million in December 2022

Early Life

Justin Bieber

On March 1, 1994, Bieber was born in London, Ontario. Since his mother gave birth when she was underage and his parents never got married, Bieber was raised with the assistance of his stepfather and maternal grandmother. He studied the piano, drums, guitar, and trumpet as a child. 2012 saw him graduate from Stratford, Ontario’s St. Michael Catholic Secondary School.

Early in 2007, when Bieber was twelve years old, she performed Ne-Yo’s “So Sick” in a local Stratford singing competition and came in second. In order for friends and family to watch the performance, his mother uploaded a video of it to YouTube. She also kept uploading videos of Bieber performing song covers.

Breakthrough

Record company CEO Scooter Braun unintentionally clicked on one of Justin Bieber’s 2007 videos while looking through videos of another performer. He found Justin Bieber and persuaded his mother to allow him to take him to Atlanta, where he recorded some demo tapes, after being impressed by what he witnessed. Bieber was performing for R&B singer Usher just one week after coming to Atlanta.

Soon after, Braun and Usher founded Raymond Braun Media Group (RBMG), which assisted him with his audition for The Island Def Jam Music Group. In order to continue working with Braun and Usher, Bieber traveled to Atlanta with his mother after signing a record deal with Island Records in October 2008. In 2008, Braun took over as Bieber’s manager.

2010 saw the release of Bieber’s two-part debut album, “My World” and “My World 2.0”. He appeared on a number of live shows, including “The Today Show,” “The Wendy Williams Show,” “Good Morning America,” and “The Ellen DeGeneres Show,” as part of his record promotion efforts. In the US alone, “My World” sold over a million albums in less than two months after its debut. The RIAA has certified that album five times platinum to date. Before the album’s release, “My World” became the first debut album to have four singles (Love Me, One Less Lonely Girl, One Time, and Favorite Girl) on the Billboard Top 40. In the first three weeks of its release, “My World 2.0” sold 698,000 copies, landing it at the top of the U.S. Billboard 200. With this achievement, Bieber became the youngest male solo artist to reach the top of the charts since 1963’s Steven Wonder. Featuring rapper Ludacris, the song “Baby” swiftly rose to the top of Justin Timberlake’s all-time sales chart, with over 15 million copies sold worldwide. Two million copies of his second CD, “Under the Mistletoe,” a collection of Christmas tunes, were sold. Three million copies of his third album, “Believe,” were sold globally in 2012.

Career in Music

Justin Bieber

In February 2011, Justin Bieber’s 3D concert video “Justin Bieber: Never Say Never” was released, coinciding with his rising stardom. With an estimated opening day gross of $12.4 million from 3,105 theaters and a cumulative global gross of over $98 million, the movie dominated the box office. In February 2011, Bieber also released the album “Never Say Never – The Remixes” in conjunction with the movie. Having earned $53 million in a year, he was ranked second on Forbes’ list of the Best-Paid Celebrities under 30 in June 2011.

“Believe” and “Believe Acoustic” were published in January 2013 and June 2012, respectively, after the highly successful release of the Christmas album “Under the Mistletoe” in October 2011. The follow-up to his debut movie, “Justin Bieber’s Believe,” which was also helmed by Jon M. Chu, was released in December 2013. His February 2015 single “Where Are Ü Now” took home the Best Dance Recording Grammy Award in 2016. With the release of his single “What Do You Mean” from his album “Purpose” in November 2015, Bieber set a new record for the youngest male artist to debut at the top of the Billboard Hot 100 list. On February 14, 2020, his follow-up album “Changes” was released.

Reverting to his pop origins, Bieber released “Justice,” his sixth studio album, in 2021. With the release of the album, he overtook Elvis Presley as the youngest solo artist to have eight US number one albums. He reached a record-breaking 94.68 million monthly listeners on Spotify in January 2022.

“Cold Water” (2016) with Major Lazer and MØ, “Déjà vu” (2016) with Post Malone, “Despacito” (2017) with Luis Fonsi and Daddy Yankee, “I’m the One” (2017) with Quavo, Chance the Rapper, Lil Wayne, and DJ Khaled, “Bad Guy” (2019) with Billie Eilish, and “Up at Night” by Kehlani are some of the other noteworthy songs and collaborations he has undertaken.

The “Baby” music video has received over 2.9 billion views on YouTube as of this writing. His “Sorry” music video has received over 3.6 billion views. He has more than 71 million YouTube subscribers overall.

Sale of Catalogs

It was disclosed in December 2022 that Justin was close to finalizing a $200 million agreement to transfer his song library rights to Hipgnosis, a publicly traded music investment vehicle. According to the agreement, Hipgnosis would start to receive all royalties and songwriting credits earned by Justin after then. At that time, it was the biggest catalog purchase Hipgnosis had ever made, nearly double the sum it had given Justin Timberlake in early 2022.

The agreement, which was formally verified in January 2023, did not include Bieber’s master recordings or any other copyrights that he owns through Universal Music Group, his record label.

Justin Bieber Personal Life

Bieber started a public romance with singer and actress Selena Gomez in December 2010. Up until March 2018, the two’s relationship was sporadic.

Bieber briefly dated Hailey Baldwin between December 2015 and January 2016 during one of his absences from Gomez; the two got back together in May 2018. They got hitched on September 30, 2019, following their July 2018 engagement. Alec Baldwin’s brother, actor Stephen Baldwin, is the parent of Hailey.

Bieber is a Canadian citizen with an O-1 visa allowing him to enter the country temporarily. However, according to TMZ claims from September 2018, he has started the process of applying to become an American citizen after getting married to Baldwin.

Like many young celebrities, he has experienced considerable success in the music industry, but he has also been involved in his fair share of scandals in the media. He was arrested in 2014 on charges of DUI, drag racing, and resisting arrest. At the time of his imprisonment, he was also displaying some strange behavior, and as a result, his popularity momentarily declined.

Justin offered to be roasted by Comedy Central in March of 2015. Among the numerous famous people who participated in the celebrity roasting were Martha Stewart, Ludacris, Shaq, Snoop Dogg, and Kevin Hart. After everything was said and done, Justin had this really smart last line to close the show:

“Giving $200 million to a teenager yields what? a group of losers referring to you as a lesbian for two hours.”

Commercial Initiatives and Endorsements

Due to his popularity, Bieber has been able to benefit from several successful commercial collaborations over the years. He has collaborated with Proactive, Walmart, Adidas, Nicole by OPI, Calvin Klein, and Schmidt’s Naturals, among other companies. Additionally, he has created a number of fragrances, such as “Justin Bieber Collector’s Edition” (2014), “Someday” (2011), and “Girlfriend” (2012).

He launched his own apparel line, Drew House, in 2019 and worked with Crocs to create a limited-edition shoe line, Crocs x Justin Bieber, in 2020. Other collaborations included Vespa and Tim Hortons. Additionally, Bieber founded Generosity, a clean water technology startup, in December 2022.

According to reports in 2023, Justin Bieber’s investment in Bored Ape NFT from a year and a half prior had lost $1.24 million.

Justin Bieber’s Increasing Net Worth

In February 2010, we began keeping tabs on Justin Bieber’s net worth. We calculated his net worth to be $500k at the time. This was prior to “Baby”‘s massive hit success, which practically made the adolescent an overnight household name. Justin had more than $5 million in net worth by the end of 2010. Between 2010 and 2011, Justin’s wealth began to rise rapidly. We updated his net worth to $40 million on January 29, 2012. From then on, Justin’s annual income from song sales, apparel sales, product endorsements, touring, and other business endeavors ranged from $50 to 70 million. Justin’s net worth officially crossed the $200 million mark in July 2014, having previously lingered around the $170–$180 million region.

  • 2010: $500 thousand
  • 2011: $5 million
  • 2012: $40 million
  • 2013: $100 million
  • 2014: $200 million
  • 2015: $210 million
  • 2016: $240 million
  • 2017: $250 million
  • 2018: $265 million
  • 2019: $270 million
  • 2020: $280 million
  • 2021: $285 million
  • 2022: $290 million
  • 2023: $300 million

Real Estate of Justin Bieber

In 2012, Justin, at eighteen, paid $6.5 million for a house in The Oaks, a gated neighborhood in Calabasas. Justin had multiple run-ins with neighbors at this residence. His noisy parties and buddies rushing through the peaceful neighborhoods were a common source of complaint from the neighbors. Justin was captured on camera in 2014 by a neighbor’s security system flinging eggs at a house, resulting in thousands of dollars’ worth of damage. Following the altercation, Justin was momentarily taken into custody at his house while police searched it using a criminal search warrant. Khloe Kardashian purchased the house from Justin in 2014 for $7.2 million after he paid $80,000 to resolve the matter.

Justin kind of lived like a wanderer for the next five years, renting house after house around the globe. For instance, they were paying an astounding $100,000 a month to rent a house in Toluca Lake, California, for the majority of 2019.

Justin paid $8.5 million for a Beverly Hills property in March 2019. In 2021, it sold for $7.995 million fully furnished.

Justin paid $28.5 million for a brand-new Beverly Hills house in August 2020. This brand-new Beverly Hills residence is situated in the incredibly exclusive gated neighborhood of Beverly Park, high up in the Hollywood mountains. Among the neighbors who live nearby are Sylvester Stallone, Eddie Murphy, Denzel Washington, and Rod Stewart. Before Bieber bought it, the house was advertised for $42 million two years ago. The estate contains an 11,000-square-foot home situated on 2.5 acres.

Additionally, Justin and Hailey possess a $5 million lakefront house in Ontario.

Quick Summary

Justin Bieber, a Canadian pop musician, has a net worth of $300 million. He was discovered on YouTube in 2007 by Scooter Braun and has since sold over 150 million records globally, earning between $60 to $80 million annually from touring. In 2022, he sold the rights to his song collection for $200 million. Bieber’s career skyrocketed after signing with Island Records in 2008, releasing hit albums like “My World,” “Believe,” and “Purpose.” He’s broken records with multiple chart-topping singles and albums. Beyond music, he’s ventured into commercial collaborations, endorsements, and business ventures like his clean water technology startup, Generosity. His personal life, including relationships with Selena Gomez and his marriage to Hailey Baldwin, has been publicized. Bieber has faced legal issues, including an arrest in 2014, and has been involved in various media controversies. Additionally, he has made substantial real estate investments, owning properties in California and Ontario.

 

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