Justin Bieber Net Worth (Money & Salary)
Title: Justin Bieber Net Worth (Money & Salary)
Last Updated: December 5, 2024
What is Justin Bieber’s Net Worth?
With a net worth of $300 million, Justin Bieber is a Canadian pop singer. Discovered on YouTube in 2007, he has since sold over 150 million records globally and has toured the world with immense popularity and financial success. During his touring years, Justin ranks among the highest-paid entertainers worldwide, generating between $60-80 million from various income sources. In December 2022, he finalized a significant deal selling his music catalog rights for $200 million. Back in 2007/2008, he was merely a Canadian pre-teen sharing videos of his music online, until the moment he caught the attention of Scooter Braun, a former marketing executive who later became his manager. The journey from there has been extraordinary.
Early Life
Born on March 1, 1994, in London, Ontario, Bieber’s parents were never wed, and his mother was a minor at the time of his birth. As a result, he was raised with the help of his maternal grandmother and step-grandfather. Throughout his childhood, he developed skills in various instruments, including the piano, drums, guitar, and trumpet. He graduated from St. Michael Catholic Secondary School in Stratford, Ontario, in 2012.
At just 12 years old, in early 2007, Bieber participated in a local singing competition in Stratford, performing Ne-Yo’s “So Sick” and earning second place. His mother shared a video of this performance on YouTube for family and friends, subsequently continuing to upload recordings of Bieber singing cover songs.
Breakthrough
While trying to find videos of another artist, record executive Scooter Braun inadvertently clicked on one of Bieber’s videos from 2007. Impressed, he reached out to Bieber and persuaded his mother to allow him to travel to Atlanta, where he recorded demo tapes. Just a week after arriving in Atlanta, he found himself singing for R&B sensation Usher.
Not long after, he was signed to Raymond Braun Media Group (RBMG), a collaboration between Braun and Usher, who assisted him in auditioning for The Island Def Jam Music Group. Bieber officially signed with Island Records in October 2008, relocating to Atlanta with his mother to continue working closely with Braun and Usher. Braun became Bieber’s manager that same year.
In 2010, Bieber launched his debut album “My World,” which was followed by “My World 2.0”. His promotional efforts included high-profile performances on several major shows like “The Today Show,” “The Wendy Williams Show,” “Good Morning America,” and “The Ellen DeGeneres Show.” Within two months of its release, “My World” surpassed one million album sales in the US alone, and it has since achieved a 5x platinum certification.
by the RIAA. The debut album, “My World,” made history as the first album to have four singles (One Time, One Less Lonely Girl, Love Me, and Favorite Girl) reach the Billboard Top 40 before the album’s official release. Following that, “My World 2.0” made a significant impact by debuting at number one on the U.S. Billboard 200 and selling 698,000 copies within its first three weeks. This achievement positioned Bieber as the youngest solo male artist to reach the top of the chart since Stevie Wonder in 1963. The hit single “Baby,” featuring rapper Ludacris, became Justin’s best-selling single ever, amassing over 15 million sales globally. His second album, a Christmas collection titled “Under the Mistletoe,” achieved sales of 2 million copies. Meanwhile, his third album, “Believe,” released in 2012, sold 3 million copies worldwide.
Music Career
As Bieber’s popularity soared, the 3D film “Justin Bieber: Never Say Never,” which combined biographical elements with a concert experience, premiered in February 2011. The movie was a box office success, grossing around $12.4 million on its opening day across 3,105 theaters and reaching over $98 million worldwide. Accompanying the film, he released “Never Say Never – The Remixes” in February 2011. By June 2011, Bieber had reached the second spot on Forbes’ list of Best-Paid Celebrities under 30, earning $53 million over the previous year.
In October 2011, he achieved great success with the release of the Christmas album “Under the Mistletoe,” followed by “Believe” in June 2012 and “Believe Acoustic” in January 2013. The sequel to his initial film, “Justin Bieber’s Believe,” hit theaters in December 2013, directed once again by Jon M. Chu. In February 2015, his track “Where Are Ü Now” won a Grammy Award for Best Dance Recording in 2016. Bieber also set a Guinness World Record as the youngest male artist to debut at the top of the Billboard Hot 100 chart with “What Do You Mean” from his album “Purpose” in November 2015. The follow-up album, “Changes,” was released on February 14, 2020.
In 2021, Bieber returned to his pop roots with the release of his sixth studio album, “Justice,” making him the youngest solo artist with eight US number-one albums, surpassing Elvis Presley. By January 2022, he achieved the record for most monthly listeners on Spotify, amassing 94.68 million.
Other significant singles and collaborations include “Cold Water” (2016) in partnership with Major Lazer and MØ, “Déjà vu” (2016) with Post Malone, “Despacito” (2017) featuring Luis Fonsi and Daddy Yankee, “I’m the One” (2017) along with Quavo, Chance the Rapper, Lil Wayne, and DJ Khaled, “Bad Guy” (2019) with Billie Eilish, and “Up at Night” with Kehlani.
As of this moment, the music video for “Baby” has exceeded 2.9 billion views on YouTube, while his video for “Sorry” has surpassed 3.6 billion views, contributing to his impressive total of over 71 million subscribers on the platform.
Catalog
Sale
In December 2022, it was announced that Justin was close to finalizing a deal worth $200 million to transfer his music catalog rights to Hipgnosis, a publicly traded music investment entity. This arrangement would result in Hipgnosis receiving all revenue generated from Justin’s songwriting credits and royalty income moving forward. This was the most substantial catalog acquisition Hipgnosis had made to date, nearly doubling the sum it had paid to Justin Timberlake earlier in 2022.
The agreement, confirmed officially in January 2023, excluded Bieber’s master recordings and various copyright holdings, which are retained by Universal Music Group, his record label.
Personal Life
Bieber began a highly publicized relationship with actress and singer Selena Gomez in December 2010. Their relationship was characterized by periods of breaking up and reconciling until March 2018.
While taking a break from Gomez, Bieber had a brief relationship with Hailey Baldwin from December 2015 until January 2016, and the couple later reconciled in May 2018. They announced their engagement in July 2018 and celebrated their official wedding on September 30, 2019. Hailey is the daughter of actor Stephen Baldwin, who is Alec Baldwin’s brother.
As a citizen of Canada, Bieber is said to hold an O-1 visa for temporary residency in the United States, though reports in September 2018 from TMZ suggested he had started the process of obtaining American citizenship following his marriage to Baldwin.
Despite achieving significant success in the music industry, Bieber, like many young stars, has faced a number of scandals in the media. His 2014 arrest for DUI, drag racing, and resisting arrest was accompanied by some erratic behavior, briefly affecting his popularity.
In March 2015, Justin opted to be the subject of a roast on Comedy Central. Celebrity roasters included Kevin Hart, Snoop Dogg, Shaq, Martha Stewart, Ludacris, among others. At the conclusion of the event, Justin delivered a witty remark:
“What do you get when you give a teenager $200 million? A bunch of has-beens calling you a lesbian for two hours.”
Business Ventures and Endorsements
The fame of Bieber has allowed him to secure numerous profitable business partnerships over the years. Notable companies he has collaborated with include Proactive, Nicole by OPI, Walmart, Adidas, Calvin Klein, and Schmidt’s Naturals. Additionally, he has launched several fragrances, such as “Someday” (2011), “Girlfriend” (2012), and “Justin Bieber Collector’s Edition” (2014).
In 2019, he introduced his own clothing line known as Drew House, and in 2020, he teamed up with Crocs to create a limited edition of footwear, dubbed Crocs x Justin Bieber. Other collaborations have included Tim Hortons and Vespa. Furthermore, in December 2022, Bieber founded a clean water technology enterprise named Generosity.
A report from 2023 indicated that Justin Bieber experienced a loss of $1.24 million from his investment in Bored Ape NFTs from a year and a half prior.
Justin Bieber Net Worth Over Time
Tracking of Justin Bieber’s net worth began in February 2010, with an estimated value of $500 thousand. This was prior to the major success of “Baby,” which catapulted the teenager to fame almost overnight. By the close of 2010, Bieber’s net worth surged to over $5 million. During the period between 2010 and 2011, his net worth saw exponential growth. By January 29, 2012, his net worth was updated to $40 million. From that point, Bieber consistently earned $50-70 million annually through music sales, merchandising, endorsements, touring, and various business ventures. After remaining in the $170 – $180 million range for some time, he officially surpassed $200 million in net worth in July 2014.
- 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
At the age of 18 in 2012, Justin purchased a home in the posh Calabasas gated community known as The Oaks for $6.5 million. It was at this residence where Justin encountered several disputes with his neighbors. Complaints frequently arose regarding his noisy parties and friends driving recklessly through the serene neighborhood.
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In 2014, Justin found himself in trouble when a neighbor’s security cameras recorded him throwing eggs at a house, which resulted in damage worth thousands of dollars. This led to a brief detention at his home while police executed a felony search warrant. After settling the issue for $80,000, he sold the house for $7.2 million in 2014 to Khloe Kardashian.
For the next five years, Justin adopted a somewhat nomadic lifestyle, continuously renting homes in various locations around the globe. For instance, in 2019, he was paying a staggering $100,000 per month for a rental in Toluca Lake, California.
In March 2019, he acquired a mansion in Beverly Hills for $8.5 million, which was sold fully furnished for $7.995 million in 2021.
Then in August 2020, Justin invested $28.5 million in a new residence in Beverly Hills. This property is situated high in the mountains within the exclusive gated community of Beverly Park, where neighbors include notable figures like Denzel Washington, Eddie Murphy, Rod Stewart, and Sylvester Stallone, among others. The home was previously listed for $42 million just two years before Justin’s purchase. The estate spans 2.5 acres and features an 11,000-square-foot mansion.
Additionally, Justin and Hailey own a lakeside property in Ontario valued at $5 million.
Justin Bieber Net Worth (Money & Salary)
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Data compiled from 2023 and 2024, with forecasts extending to 2025 and 2026. We have also included projections for 2027 and 2028.
* This information was taken from various sources around the world, including these countries:
Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.
Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.
Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.
Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.
Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.
Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.
Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.
Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.
Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.
Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.
Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.
Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.
Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.
Post Title: Justin Bieber Net Worth (Money & Salary)
Last Updated: December 5, 2024