Justin Bieber Net Worth: How the Teen Sensation Stacked $400 Million

Can you believe that Justin Bieber, now one of the top earners in entertainment, exploded in popularity at just 15? Back in 2007, his mom posted videos online of him singing, and he was just a kid having fun on the internet.

This all changed when Scooter Braun, a controversial marketing executive, stumbled across his videos and shared his find with the world. Fast forward to 2024 and Justin Bieber’s net worth exceeds $400 million.

The Canadian pop singer is now known all around the world and he has sold over 150 million records to date. However, Justin Bieber’s net worth is built on more than music sales or earnings from global tours. He is also a savvy businessman and investor (except when it comes to NFTs), and recently inked a deal to sell his music catalog rights, a decision that added $200 million to his already high net worth.

Do you want to learn how the celebrity made his fortune? Keep reading.

Justin Bieber’s Net Worth Breakdown:

Bieber’s catalog sale doubled his net worth in an instant, but he wasn’t exactly badly off before that. While we don’t know how much each of his albums, performances, or singles has contributed to his net worth, the pop star was worth at least $200 million before this contract, considering his assets, business earnings, endorsements, and more. Here is what we know about his net worth.

Asset or Income Source Contribution to Net Worth
Album sales $24 million
Digital singles sales $119.5 million
Touring ticket sales $425.3 million
Catalog sale $200 million
Movies and TV shows Unknown
Endorsements $12 million
Business earnings Unknown
Bored Ape NFT -$1.24 million
Real estate $33+ million
Car collection $2+ million
Total Net Worth $400 million

Justin Bieber Net Worth: A Star Is Born

Justin Drew Bieber was born on March 1, 1994, in London, Ontario. His mother, Pattie Mallette, was underage and unmarried when Bieber was born. She worked a series of office jobs, raising her child in low-income housing with the help of Diane, her mother, and Bruce, her stepfather.

Even though Justin Bieber wasn’t initially close to his father, they are reportedly very close today. In 2014, his father faced criticism for partying with his then-19-year-old son Justin and even reportedly helped block off streets so his intoxicated son could drag race a rented car.

While Pattie Mallette didn’t have any other children after Justin, his father, Jeremy Bieber had four other children from three relationships, meaning that Justin Bieber has four step-siblings today.

justin bieber dad intagram

Even as a child, Justin Bieber was passionate about music and played various instruments including the piano, guitar, trumpet, and drums. He studied at St. Michael Catholic Secondary School in Stratford, where he graduated in 2012.

In 2007, when he was 12 years old, Bieber sang So Sick by Ne-Yo in a singing competition in Stratford and placed second. His mother posted a video of his performance online and continued uploading his covers of songs afterward.

Today, Justin Bieber is married to Hailey Baldwin, the daughter of Stephen Baldwin. He had a high-profile relationship with Selena Gomez for nearly eight years and married Hailey Bieber on September 30, 2019.

Justin Bieber Net Worth: From Hometown Hero to Global Phenom
While searching for something – or somebody – else – entirely, record executive Scooter Braun accidentally clicked on one of Bieber’s videos from 2007. He was immediately impressed with the young singer and tracked his mother down to convince her to take him to Atlanta.

This is where everything started for Justin Bieber. This accidental find would turn him into a global hitmaker in only a few years. Let’s take a closer look at his story.

Justin Bieber’s Beginnings in Music
After arriving in Atlanta, Bieber started recording demo tapes, and, a week after his arrival, he was already singing for the R&B star Usher. Usher took the then-14-year-old Bieber under his wing and introduced him to varied industry tastemakers.

Soon after, the young artist was signed to Raymond Braun Media Group (RBMG), a joint venture between Usher and Braun. RBMG helped him audition for The Island Def Jam Music Group so, in 2008, he signed with Island Records and made his move to Atlanta permanent.

justin bieber early career

With Braun as his manager, Justin Bieber became known as a “young phenomenon”. This led to the release of his debut album in 2010 entitled My World, followed by the second part entitled My World 2.0.

Bieber’s manager did a brilliant job of putting the artist’s name out in the world. He promoted his record on several live shows including The Ellen DeGeneres Show”, The Today Show, and Good Morning America.

It was less than two months after the release of Bieber’s first album that My World sold over one million copies in the US. Today, his debut album has been certified five times platinum by RIAA. My World 2.0 debuted at number one on the US Billboard 200 and sold over 698,000 copies in the three weeks following its release.

justin bieber young

The incredible success of his first album made Bieber the youngest solo male act that top the Billboard 200 chart since Stevie Wonder, one of the greatest musicians of all time, back in 1963.

Bieber’s first album had four singles on the Billboard Top 40 list before its release.

Perhaps the biggest turning point in Bieber’s career was his release of the single “Baby” featuring popular rapper Ludacris and its accompanying music video. While the single would eventually be widely criticized as “annoying” and “overplayed,” it was loved by millions of people.

The music video has a whopping 3.078 billion views, making it one of the most viewed videos on YouTube, and 24 million likes.

“Baby” quickly became his best-selling single of all time with over 15 million singles sold worldwide.

After the release of his first album, Justin Bieber was invited to the 52nd Annual Grammy Awards for the very first time and his career would only rise from there.

Bieber’s Incredible Rise to Fame
So far, Justin Bieber has released six major studio albums alongside smaller albums and hit singles. His albums are:

My World and My World 2.0 in 2010
Under the Mistletoe in 2011
Believe in 2012
Purpose in 2015
Changes in 2020
Justice in 2021
After the incredible success of his early albums, Bieber released an album with Christmas songs called Under the Mistletoe in 2011. This album sold 2 million copies, followed by his third album Believe, which sold 3 million copies worldwide.

As his fame continued to grow, Bieber embarked on another journey and created a 3D part-concert, part-biopic film called Justin Bieber: Never Say Never. The film was released in February 2011 and topped the box office with gross revenue of $12.4 million on its opening day. It grossed a total of nearly $100 million worldwide.

At the same time as the release of the film, Bieber also released Never Say Never – The Remixes in 2011.

His album Purpose from 2015 included the single What Do You Mean, which helped Bieber earn a Guinness World Record for the youngest male artist to debut at the top of the Billboard Hot 100 list.

justin bieber purpose

When he released his sixth studio album Justice in 2021, he became the youngest solo artist to have eight number-one albums in the US – more than Elvis Presley, even!

Other Notable Collaborations and Singles
The most notable collaborations – and singles of Bieber over the years include:

Cold Water with Major Lazer and MO in 2016
Deja Vu with Post Malone in 2016
Despacito with Luis Fonsi in 2017
I’m the One with Quavo, Chance the Rapper, DJ Khaled, and Lil Wayne in 2017
Bad Guy with Billie Eilish in 2019

justin bieber despacito

In January 2022, Bieber set the record for most monthly listeners on Spotify with 94.68 million listeners. “Baby” isn’t the only music video of his that went insanely viral. His smash hit single “Sorry” counts over 3.6 billion views and he has 6 other music videos with over 1 billion views.

Music Earnings from Albums and Singles
According to RIAA, Justin Bieber has earned $24 million in album sales and $119.5 million in digital single sales. This shouldn’t come as a surprise considering that My World 2.0 alone recorded $9.85 million in sales!

Justin Bieber’s Concerts and Promotions
Apart from the millions earned from albums and singles, Bieber has also earned many millions of dollars from live performances, concerts, and TV shows. To date, he has made approximately 125 live performances, four promotional tours, and three concert shows.

Promotional Tours:
Urban Behavior Tour
Believe Tour
An Evening with Justin Bieber Tour
Concert Tours:
My World Tour
Believe Tour
Purpose Tour
Justice Tour
Bieber’s Believe tour topped $69.9 million, followed by the Purpose tour with $240 million in ticket sales. My World was the smallest tour of the three, and it earned approximately $53.3 million in ticket sales.

Bieber also surprised his fans with an online concert in 2020 for New Year’s Eve.

His fourth concert tour, Justice, was originally set to start in 2020 but due to the pandemic, this was postponed twice. The tour officially began in February 2022 in Krakow and ended in Rio de Janeiro in September due to health problems that the star experienced at the time.

 

Even though the tour was cut short, Justin Bieber grossed $89.1 million from the tickets sold in the 42 shows as part of the Justice tour. Some estimates say that he makes $1 million per night when he’s touring.

Catalog Sale

In December 2022, Justin Bieber was working on a $200 million deal to sell the rights to his music catalog to Hipgnosis, a publicly traded music investment vehicle. Hipgnosis had previously signed with Justin Timberlake but for a lower sum. With the completion of the deal, Hipgnosis would earn all the money from Bieber’s songwriting credits and royalty streams.

However, while the deal was officially confirmed in January 2023, it did not include his master recordings and the remaining copyrights already owned by Universal Music Group, his record company. The deal gives Hipgnosis Song Capital ownership over Bieber’s rights to his songs released before 2022.

Movies and TV Shows

Justin Bieber has appeared in several concert documentaries over the years and has taken part in several movies and TV shows.

The Never Say Never concert documentary in 2011 earned $73 million in gross revenue. The Believe concert film raked in $4.5 million over its five-day opening and later accumulated $32 million in gross revenue globally.

Fast forward to 2014, and Bieber appeared in Behaving Badly as a prisoner, acting alongside popstar Selena Gomez. He also played himself in Zoolander 2.

Other movie and TV show appearances for the artist include:

  • Justin Bieber: Rise to Fame in 2011
  • Popstar: Never Stop Never Stopping in 2016
  • Bodyguards: Secret Lives from the Watchtower in 2016
  • The First Monday in May in 2016
  • Killing Hasselhoff in 2017
justin bieber rise to fame

His earnings from these appearances are not publicly disclosed.

Brand Endorsements

Seeing how Bieber is one of the most influential people on the pop scene, as well as one of the few young celebrities to achieve such success at a young age, he has bagged popular brands for endorsements, including:

  • Adidas
  • Calvin Klein
  • Drew House
  • T-Mobile
  • Softbank
  • Nicole by OPI
  • Proactiv

The public knows little about his earnings from brand endorsements, but a few major deals have been revealed. According to Cosmopolitan, he earned $12 million from his deal with OPI nail polish, followed by $2 million to $4 million for the endorsement deal with CK underwear. His 2010 deal with Proactiv reportedly brought him $3 million.

Awards and Accolades

The best-selling artist has won many prestigious awards over the years including 2 Grammy Awards out of no less than 23 nominations. Other awards include:

  • Latin Grammy Award
  • 2 Brit Awards
  • 8 Juno Awards
  • 26 Billboard Music Awards
  • 22 ASCAP Awards
  • 8 iHeartRadio Music Awards
  • 23 Teen Choice Awards
  • 22 MTV Europe Music Awards
  • 33 Guinness World Records

Philanthropy

Over the years, the young pop star has contributed to numerous organizations and charities including the ACLU, ALS Association, Children’s Miracle Network Hospitals, Comic Relief, City of Hope, and Alzheimer’s Association.

What Does the Pop Star Invest In?

These days, Justin Bieber’s success expands beyond the music industry. He is also a successful investor and entrepreneur, having launched a clothing line. Here is what he invests his money in.

Businesses

In 2020, Bieber collaborated with Crocs on a limited edition footwear called Crocs x Justin Bieber.

He has also released a range of perfumes with Honorine Blanc since 2011 including Someday, Girlfriend, and Justin Bieber Collector’s Edition.

In 2019, Bieber launched a namesake clothing line Drew House with Ryan Good, a stylist. His online store sells t-shirts, hoodies, pants, caps, athleisure garments, and more.

justin bieber drew house

In December 2022, Bieber launched Generosity, a clean water technology company. He also invested $1.1 million into Shots of Me, a social network along with Floyd Mayweather and Shervin Pishevar.

While we know that he is dabbling in numerous businesses these days, his stake and earnings from these are unknown.

NFTs

The musician is very tech-savvy and as such, he is a strong proponent of non-fungible tokens (NFTs). Back in 2022, he spent 500 ETH or around $1.3 million to buy the Bored Ape Yacht Club NFT #3001.

justin bieber next to his bored ape nft

This NFT was part of an extremely desirable collection but it wasn’t rare and was simply not worth that much, even at the time when NFTs were near their height. He likely purchased it because it was the one he liked best, not because he thought it would be a good investment. The value of the NFT dropped by 95% in the months following his purchase and has yet to recover in any substantial way.

Beyond this Bored Ape, he hasn’t revealed whether he has other NFTs in his portfolio.

Real Estate

In 2012, when Justin Bieber was only 18 years old, he spent $6.5 million to buy a Calabasas property in The Oaks. This was his party hub, a place where he constantly threw parties and, at one point, was caught on a security camera throwing eggs at a neighbor’s house. He had to pay $80,000 to settle the controversy and eventually sold the home to Kim Kardashian in 2014 for $7.2 million, making a profit from it.

Over the next few years, the young pop star rented various homes in different parts of the world. In 2019, for instance, he spent $100,000 per month to rent a house in Toluca Lake.

In 2019, he finally decided to buy another property and spent $8.5 million on a Beverly Hills mansion, which he sold in 2021 for $7.99 million, this time at a loss.

The following year, in March, he spent $28.5 million on a Beverly Hills mansion in Beverly Park, right next to the properties of Denzel Washington and Eddie Murphy, to name a few. He most likely still owns this property.

In addition to this, Justin and his wife Hailey Bieber own a lakeside Ontario property worth $5 million.

Car Collection

Reportedly, Bieber has a fleet of luxury vehicles on his list of assets. Here are some of his cars:

  • Lamborghini Aventador worth $450,000
  • Mercedes SLS AMG worth $250,000
  • Audi R8 worth $155,000
  • Lamborghini Gallardo Spyder worth $209,500
  • custom Rolls-Royce Wraith worth $330,000
  • Fisker Karma worth $102,000
  • Porsche 997 Turbo worth $350,000
  • Mercedes Maybach S600 worth $400,000
  • Cadillac CTS-V Coupe worth $89,000

What Can We Learn From Justin Bieber’s Story?

Few people can say that they were lucky enough to make millions and achieve fame from an early age, doing what they love, but Justin Bieber most certainly can. The Canadian-born singer is known worldwide, and the fact that it all started with a producer’s erroneous click is even more amazing.

This is exactly why we should never give up on our dreams because you never know when luck will be on your side.

But, it is not as if Bieber got it served on a platter. His talent, hard work, and courage to stand out of a crowd make a recipe for success.

Bieber has earned hundreds of millions over the years, demonstrating talent for music as well as business deals and investments. Even though some of his investments haven’t worked, such as his NFT loss of over a million dollars, he has made some pretty amazing deals, such as selling his catalog for $200 million.

While life is filled with failures and bad luck, you never know when success is right around the corner – but it can only happen if you keep trying. Bieber’s story is one of courage, failed attempts, and major successes. He is also a philanthropist, highlighting the importance of using one’s voice to help others.

Related Posts

Our Privacy policy

https://news75today.com - © 2024 News75today