Pop singer Justin Bieber is reportedly contemplating legal action against his former business managers for allegedly mishandling his finances.
According to a TMZ report on Wednesday, October 23, Bieber has been frustrated for years, believing he has lost a significant amount of money due to decisions made by his managers.
The report states, “It’s unclear exactly how much Justin believes has been wasted—other than it being a substantial sum—but our sources indicate he’s discussing the possibility of filing a lawsuit against those involved. We’re told his current team is divided on the issue; some members support the idea of suing, while others do not.
The opposing view is that Justin went through a phase of extravagant spending, implying he contributed to his own financial issues.”
Despite these concerns, Justin is not facing financial difficulties; he sold his music catalog in January 2023 for $200 million, and prior to that sale, his net worth was estimated at around $100 million.
