Justin Bieber is considering a legal action against his former business managers, as he thinks they grossly mismanaged his money, and it could be time to take legal action, TMZ reports.
Sources with direct knowledge told TMZ that Justin Bieber is been very upset for several years, claiming he’s lost a ton of money as a result of terrible decisions made by business managers.
It’s unclear just how much Justin Bieber 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.
According to the report by TMZ, his current team is split, some members want him to sue, but others don’t.
Sources told TMZ that the argument against suing is that Justin went through a period where he was spending wildly. Translation — he caused his own problem.
Justin Bieber 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.