Canadian pop artist Justin Bieber rose to prominence after being found on YouTube in 2007. Since then, he has amassed a $300 million net worth as per celebritynetworth, thanks to his successful global tours and over 150 million record sales.
When on tour, he can make up to $60–80 million personally from all sources of revenue, making him one of the highest-paid entertainers. Justin sold the rights to his song repertoire for $200 million in December 2022.
When Bieber was a Canadian preteen in 2007 or 2008, he started publishing his music online.
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Breakthrough
Record executive Scooter Braun accidentally found one of Justin Bieber’s 2007 videos while looking for videos of another performer. Bieber’s talent struck Braun, who tracked him down and eventually persuaded the singer’s mother to let him bring Bieber to Atlanta to make demo tapes.
After just one week in Atlanta, Justin Bieber entertained Usher, an R&B singer. After Braun and Usher founded Raymond Braun Media Group (RBMG), which helped Bieber prepare for his Island Def Jam Music Group audition, Bieber was signed to that company.
To continue working with Braun and Usher, Bieber signed a record contract with Island Records in October 2008 and moved to Atlanta with his mother. In 2008, Braun became Justin Bieber’s manager.
Music Career
“Justin Bieber: Never Say Never,” a 3D biographical and concert film starring Justin Bieber, was released in February 2011. It was the biggest box office success of the year, earning an estimated $12.4 million on its opening day and more than $98 million globally.
There was also a release of the CD “Never Say Never – The Remixes.” With earnings of $53 million over a calendar year, Justin Bieber was placed no. 2 on Forbes’ list of the Best-Paid Celebrities Under 30 in June 2011.
Catalog Sale
Justin Bieber reportedly came close to agreeing to a $200 million deal in December 2022 to sell Hipgnosis, a publicly traded music investment vehicle, the rights to his music archive.
By signing this agreement, Justin’s songwriting credits and royalty stream became Hipgnosis’s property.
It was nearly double the price given to Justin Timberlake earlier in 2022 and was the largest catalog acquisition Hipgnosis has made.
Business Ventures And Endorsements
Bieber has entered into successful business alliances with several organizations because of his prominence, including Proactive, Nicole by OPI, Walmart, Adidas, Calvin Klein, and Schmidt’s Naturals.
Many of his fragrances, including “Someday” (2011), “Girlfriend” (2012), and “Justin Bieber Collector’s Edition,” have also been released.
Justin Bieber’s Net Worth Over Time
- 2010: $500 thousand
- 2011: $5 million
- 2012: $40 million
- 2013: $100 million
- 2014: $200 million
- 2015: $210 million
- 2016: $240 million
- 2017: $250 million
- 2018: $265 million
- 2019: $270 million
- 2020: $280 million
- 2021: $285 million
- 2022: $290 million
- 2023: $300 million
Real Estate
When he was 18, Justin spent $6.5 million on a beautiful home in The Oaks, a gated enclave in Calabasas.
He had multiple run-ins with his neighbors due to his noisy parties and friends’ reckless driving, including when he was caught tossing eggs at a house and was briefly detained and given a felony search warrant.
In 2014, Justin sold the home to Khloe Kardashian for $7.2 million after paying $80,000 to resolve the dispute.