The famous singer is facing a tax fine of nearly $400,000 and is embroiled in accusations of irresponsibility and waste of assets from his former manager.
Buying a new house but “forgetting” to pay taxes, Justin Bieber was fined nearly 10 billion VND
According to Page Six, Justin Bieber was fined $380,349 . This fine is because the singer has not paid property taxes on the $16.6 million house in Coachella Valley, which he bought in early 2023.
Court records show that half of the fine was paid by the singer on October 12. The remaining fine is due to be paid by April 10, 2025.
The male singer’s representative has yet to make any further comments on this information.
Owning assets of up to 300 million USD but still facing financial difficulties?
Just a few days ago, TMZ reported that singer Justin Bieber is currently facing financial difficulties .
The 30-year-old star is reportedly considering suing his former financial managers, accusing them of squandering his fortune.
However, Bieber’s team is worried about the outcome of the lawsuit, as the singer himself is accused of being irresponsible with his money and assets. He once had a period of partying and spending lavishly.
In early 2023, the male singer officially sold all of his music copyrights for $200 million. Specifically, Justin Bieber sold all of the publishing rights and copyrights of all 291 of his songs throughout his career to the investment company Hipgnosis.
Rolling Stone magazine once rated this as the biggest song copyright deal among artists of the same generation as Justin Bieber.
So in fact, according to The Celebrity Net Worth, Justin Bieber’s net worth is currently around $300 million (about 7.1 trillion VND). In addition to selling music copyrights, Justin’s huge fortune comes from advertising contracts, fashion business as well as real estate business.
A source close to Justin Bieber told Page Six that his spending has gotten out of control recently, with the pop star regularly splurging on private jets, homes and making large donations to his church.
“He was spending huge amounts of money every month. At one point, he couldn’t even get a credit card. Justin was surrounded by a lot of people who didn’t have his best interests at heart,” the source said.
Therefore, although some members of Bieber’s team want to sue, the rest believe that the singer is unlikely to win the lawsuit because he is not really “innocent”.
Earlier this year, Justin Bieber cut ties with his financial manager, Lou Taylor, founder and CEO of Tri Star Sports and Entertainment Group. A source close to the matter said the two were no longer working together because they “didn’t get along and couldn’t find common ground.”
“We did nothing wrong in our 18 short months with Justin. And he knows it better than anyone. We have no involvement with any of his unpaid property bills,” said John Hueston, a spokesman for Tri Star.
However, Justin Bieber has not yet filed a lawsuit in court.
