Fears for Justin Bieber's finances amid lavish spending spree

News.com.au

03-05-2025

Justin Bieber is sparking up, burning bridges, and blowing through money.
'People are worried about him,' a well-placed source told The Post. 'He's literally going on [Instagram] live, smoking weed and looking out of his mind.'
The 31-year-old pop star and his glam wife Hailey Bieber, 28, welcomed their first child, Jack Blues, eight months ago. But rather than settle into fatherhood, Bieber has been acting strangely, partying hard, growing close with seemingly questionable people, and cutting ties with longtime pals — all while spending big.
'He's flying in all his friends on private jets to his birthday party, putting it all over Instagram,' the source said.
During the second weekend of Coachella earlier this month, Bieber appeared shirtless and seemingly gaunt, smoking marijuana near his 15-year-old brother, Jaxon, in a video posted by a fan on X on April 20.
In it, wife Hailey — with whom he's rumoured to be having marital issues — appears to place her hands on Jaxon's back as if steering him away from the drug use.
The well-placed source alleged that Bieber is spending more than he's making at the moment.
'He'll spend $300,000 at the Nobu [restaurant] at Coachella,' they told Page Six. 'He hasn't worked in a really long time.'
A source close to Bieber denied this claim and said he hadn't been to Nobu at Coachella.
Bieber skyrocketed to pop super stardom in the 2010s and has an estimated worth of $300 million, after making a $US200 million deal to sell the publishing rights to his music catalogue in 2023. But sources say he's hardly financially secure.
He hasn't released an album since 2021's Justice, though last week, The Hollywood Reporter reported that he is 'very close' to finishing a new project.
The source close to Bieber told Page Six that he is working on new material, saying, 'He's making music, he's helping to run a fashion brand, he's a new father — he's got a lot of things going on in his life.'
In September 2022, Bieber pulled the plug on the remainder of his Justice tour following a rare diagnosis of Type 2 Ramsay Hunt syndrome, a facial paralysis disease.
He lost out on an estimated $US90 million in income he would have earned from the tour, according to The Hollywood Reporter.
Insiders say Bieber was left owing more than $US20 million to the tour's promoter, AEG. His manager at the time, Scott 'Scooter' Braun, paid, through his company, what was owed in a loan favourable to Bieber, who has only returned some of what he borrowed, according to The Hollywood Reporter.
The singer hasn't toured since, and given the music industry's shift to streaming, concerts are now where artists make the majority of their income.
Meanwhile, Bieber owns six homes — including a $US26 million mansion in Beverly Hills, a $US16 million home in La Quinta and a property in Idaho — and he and Hailey hardly live a simple life.
'These two are travelling on vacations every two days on Instagram, they're running around with full-time security and there's no money coming in for a long time,' the well-placed source said.
Hailey, who has launched a beloved beauty brand in Rhode, has 'become kind of the breadwinner,' the source said, adding that she's also a big spender.
'She's keeping up with the Kardashians,' they said, noting that her spending has made for clashes with Bieber staffers.
The source close to Justin said the claim is 'totally untrue.'
While Rhode has been popular and influential, the company is only a few years old and likely not a cash cow at the moment.
'Rhode hasn't made any money yet,' the well-placed source said. 'If they sell she'll make a lot of money. There's no money that comes out of it. It's all going back into marketing … If they sell Rhode they'll be exponentially wealthy and I really hope they do.'
Meanwhile, Team Justin has lost a number of key players as of late.
Braun — Bieber's longtime manager, who discovered him as a young Canadian teen on YouTube in 2008 and made him a star — announced his retirement in June 2024.
He and Bieber had been rumoured to be on the outs for several months before the announcement.
Bieber's deputy, Allison Kaye, resigned in January. Security chief Kenny Hamilton and chief-of-staff Lauren Walters have also stopped working with the star in recent months. Bieber has unfollowed several of them on Instagram.
Earlier this month, in a now-deleted Instagram post. Bieber said he was 'no longer involved' in the fashion brand, Drew House, that he co-founded with pal Ryan Good. He urged his fans not to associate with the brand anymore saying it 'doesn't represent me or my family or life,' in a now-deleted post on Instagram.
'If your [sic] rocking with me the human Justin Bieber don't waste ur money on Drew House,' the singer wrote in the post.
Good was Bieber's best man when he married Hailey in 2019. The buddies founded Drew House that same year.
Late last month, Page Six reported that Good has not spoken to the pop star in more than a year — after Good left their congregation, Churchome in Beverly Hills, California. Former members of the megachurch have compared it to a 'cult.'
'When Ryan chose to leave the church, he basically got excommunicated,' a source familiar with the situation told Page Six.
As Bieber's inner circle has shrunk, the church's pastor, Judah Smith, has allegedly taken a larger role in his life and business affairs.
'Justin started to add Judah to the boards of everything — he's buying him like $300,000 Rolexes and all this kind of stuff. Everyone around Justin is part of this church,' a source familiar with Bieber and his church told Page Six.
'[Judah's] the consigliere around him,' another source familiar with the situation told The Post.
Page Six has reached out to Smith and Churchome for comment.
Bieber has spoken out about his struggles himself.
Last weekend, the singer took to Instagram to mourn the death of his grandfather with a photo of the two of them from 2009.
'I can't wait to see u again soon in heaven,' he captioned the image. 'Until then I know ur watching down …. I will miss u. I will ache.'
Some posts have been darker. On March 22, he told Instagram followers, 'I think I hate myself sometimes when I feel myself start to become inauthentic. Then I remember we're all being made to think we're not enough but I still hate when I change myself to people please.'
That same day, in another Instagram post, he admitted: 'I got anger issues, too,' noting that he aspired to 'grow and not react so much.'
His apparent rage has manifested publicly with the singer lashing out at a group of paparazzi on April 6. 'All you care about is money, not human beings,' he said, outside of a Palm Springs coffee shop.
In the years just after he and Hailey married, Bieber talked of being eager — more eager than his wife — to start a family. But fans noted that he was conspicuously absent from the pictures Hailey posted of herself and baby Jack celebrating Easter.
The source familiar with Bieber and his church said it's time the former teen idol starts acting like an adult.
'He's not [a child]. He's a grown man with a child. A grown married man,' they said. 'Did he have an upbringing where he got thrust into the limelight? For sure. Did he also have every single privilege and every single ability to do anything he wanted as well? Yes, he did.
At what point does it become Justin's fault?'