A representative for Justin Bieber cleared up rumors about the singer, who reportedly has a net worth of $300 million, being in debt. The Hollywood Reporter recently published an article, citing sources that claimed Bieber’s canceling of his 2022 Justice World Tour triggered a series of events that landed him millions of dollars in debt. The report also mentioned an ex-team member who believed the musician was “lost.”
One day later, the rep exclusively informed PEOPLE that Bieber is “facing a lot of different demons right now,” but he is on the “right path.” The individual also criticized The Hollywood Reporter’s “ill-informed” sources before describing recent rumors as “unnecessary stories and inaccurate assumptions.”
Justin Bieber’s rep has denied all rumors of the singer being broke
Justin Bieber found himself amid more rumors after The Hollywood Reporter’s sources claimed he was in massive debt. However, a rep for the singer denied that he is broke. The Hollywood Reporter published an article, citing sources that revealed Bieber owes millions of dollars in a loan, which was triggered after he cancelled his Justice World Tour in 2022. The publication mentioned that his representatives addressed these claims about the singer’s “financial distress” and strongly denied the claim.
The Hollywood Reporter also mentioned that the 31-year-old’s reps claimed the source “either doesn’t understand the entertainment industry or, more likely, is trying to paint an unflattering portrait of Justin, which bears no resemblance to reality.” In a separate statement to PEOPLE, Bieber’s rep clarified that the latest rumor about his “financial distress” was “just clickbait stupidity.”
Moreover, the rep slammed The Hollywood Reporter’s “unnamed — and clearly ill-informed — ‘sources,'” who are “disappointed that they no longer work with Justin.” In addition, the statement highlighted that “these unnecessary stories and inaccurate assumptions will continue” while Bieber progresses in life. “But, they won’t deter him from staying committed to following the right path,” they noted.
Rumors about Justin Bieber’s debt surfaced after he introduced his new lifestyle brand, SKYLRK, to fans. An animated video, a part of his announcement, showed him riding a scooter through a suburban area and arriving at a house packed with memories of his past life, including his former brand, Drew House. There, Bieber burned down the relics of his past before walking into the sunset with his wife, Hailey, and their son, Jack. Their marriage has also been the focus of online trolls and divorce rumors despite their attempts to keep their life private.
