Justin Bieber to drag his business managers to court over misappropriation of $300m

Canadian-American pop singer Justin Bieber is considering the option of dragging his business managers to court over an alleged misappropriation of his $300 million fortune.

A TMZ report published on Wednesday, October 23 stated that the popular artist has been upset for a number of years because he feels he has lost a significant amount of money as a result of decisions made by his managers.

Further reports reveal that discussing the possibility of filing a lawsuit against the alleged offenders some of the managers have split with the musician while others remain.

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The report by the publication reads thus in full; “It’s unclear just how much Justin thinks has been squandered — other than it’s a huge amount — but our sources say he’s discussing the possibility of filing a lawsuit against the alleged offenders. We’re told his current team is split — some members want him to sue, but others don’t.

’’We’re told the argument against suing is that Justin went through a period where he was spending wildly. Translation — he caused his own problem.“

”Justin is not struggling financially … he sold his music catalog in January 2023 for $200 million, and before the sale, our sources say his net worth was around $100 million.“

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