Justin Bieber Near Financial Collapse Sells $200M Music Catalog

Justin Bieber faced a severe financial crisis in 2022 that led him to sell the rights to his entire music catalog for approximately $200 million, making him the youngest artist of his generation to make such a sale. Despite his manager Scooter Braun's advice to delay the sale until January 2023 to benefit from a tax break, Bieber proceeded with the sale in December 2022 due to urgent financial concerns. The decision was reportedly driven by desperation rather than financial gain, as Bieber had spent much of his considerable earnings and was dealing with the fallout from canceling his 2022 world tour. The Hulu documentary "TMZ Presents: What Happened to Justin Bieber?" explores these financial struggles along with his mental health, marriage to Hailey Bieber, and relationship with his faith. Bieber's professional relationship with Braun ended in 2023, amid ongoing speculation about his personal life and behavior. Despite these challenges, Bieber is reportedly planning a musical comeback in 2025, motivated by both a desire for the spotlight and financial necessity.