Justin Bieber is allegedly considering suing former managers for mismanaging his money.
Sources told TMZ that Justin had ‘been very upset for several years’ with how his fortune had been squandered.
He reportedly believed he had ‘lost a ton of money as a result of terrible decisions by business managers’.
TMZ did not name the business managers, nor specify how many were alleged to be in the sights of Bieber’s potential lawsuit.
The ‘Baby’ singer sold his catalog of songs released before 2022 for a reported $200million in January 2023 in one of the ‘biggest deals ever’ made for an artist under 70, according to the buyer.
It was unclear how much the singer believes his managers may have wasted per the report.
Justin is excited about the projects he is currently working on and is focused on what’s in front of him,’ a statement at the time read.
It was not clear whether Braun is among the former managers Bieber is said to be considering legal action against.
Bieber’s team announced he was no longer working with long-time manager Scooter Braun in June, a day before Braun broke news of his retirement. ‘Scooter Braun and SB Projects are not involved in Justin’s current business or management and will not be involved moving forward.
