Justin Bieber is reportedly considering suing his former business managers for allegedly mismanaging his $300 million fortune.
According to a source, the 30-year-old pop star believes that poor financial decisions made by his previous managers caused him to lose a significant amount of money, though the exact figure has not been disclosed. Bieber, who is currently worth an estimated $300 million, has been consulting with his team to decide if litigation is the best course of action.
The singer has reportedly been frustrated with the managers for several years, and discussions about potential legal action have recently resurfaced. Bieber's current team is said to be divided on whether filing a lawsuit is the right move.
The "Sorry" singer, who made headlines for selling his music catalog to Hipgnosis Songs Capital for $200 million in January 2023, is now evaluating his financial situation. Despite the alleged losses, his fortune remains substantial.
Additionally, Bieber has distanced himself from music mogul Sean "Diddy" Combs, who was recently arrested on charges including racketeering and human trafficking. A source revealed that Bieber is "completely disgusted" by the allegations against Combs and has been advised to avoid any association with the 54-year-old mogul.
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