Justin Bieber Faces $380,349 Property Tax Bill
Justin Bieber Faces $380,349 Property Tax Bill

Justin Bieber Faces $380,349 Property Tax Bill

News summary

Justin Bieber faces a significant $380,349 overdue property tax bill related to his $16.6 million Coachella Valley home, with half due on October 12 and the remainder by April 10 next year. This financial strain comes amid reports of potential legal action against his former business managers, whom he accuses of mismanaging his finances. Insiders claim Bieber's spending habits are 'out of control', with extravagant monthly expenses and a lack of financial oversight. After parting ways with his former manager Lou Taylor, Bieber's financial management has come under scrutiny, and he has recently hired a new advisor known for handling Johnny Depp's finances. Despite an estimated net worth of $300 million from a music catalog sale, Bieber's financial troubles appear to be mounting, as he has also taken out significant loans against his properties. There has been no confirmation of any lawsuit against his previous management firm, which asserts they did nothing wrong during their brief tenure with him.

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