Justin Bieber has publicly addressed recent rumors claiming that he is broke and deep in debt, dismissing the reports as false.
In a statement released by his team, the Canadian singer slammed the accusations as “clickbait stupidity,” attributing them to unreliable sources who were simply “disappointed that they no longer work with Justin.” The statement was issued in response to a report by The Hollywood Reporter, which quoted a former member of Bieber’s team who claimed that the singer was struggling with millions of dollars in debt after canceling his Justice World Tour due to health issues.
Bieber’s team issued a firm denial of these allegations, telling Us Weekly: “This is just clickbait stupidity based on unnamed and clearly ill-informed ‘sources’ who are disappointed that they no longer work with Justin.” They added, “As Justin moves forward, these unnecessary stories and inaccurate assumptions will continue. But they won’t deter him from staying committed to following the right path.”
The statement further explained, “Any source trying to sell a story about alleged financial distress either doesn’t understand the entertainment industry or, more likely, is attempting to paint an unflattering portrait of Justin that bears no resemblance to reality.”
The allegations came after The Hollywood Reporter published a story suggesting that Bieber’s decision to cancel the remainder of his tour in February 2023 had “triggered a series of financial consequences.” According to the report, this was exacerbated by the fact that Bieber had been given a $40 million advance for the tour before it was canceled, and still owed a significant portion of the amount to tour promoter AEG. The report further claimed that Bieber had only returned a portion of the money borrowed, with some insiders estimating his debt to be as high as $20 million.
Bieber’s team reiterated that these claims were unfounded and inaccurate. They also noted that Bieber’s decision to sell his music catalog for $200 million in 2021—an agreement originally valued at $140 million—was intended to provide long-term financial stability.
The Justice World Tour had been delayed multiple times, first due to the pandemic and later because Bieber was diagnosed with Ramsay Hunt syndrome, which caused facial paralysis. In March 2023, Bieber announced the indefinite cancellation of the remaining tour dates.