On May 15, TMZ reported that Justin Bieber owes his longtime manager Scooter Braun $8.8 million. The incident began when Justin Bieber canceled his 2022 Justice tour due to health reasons. At that time, the singer received an advance payment of up to $40 million. The contract penalty alone was up to $24 million. Scooter Braun’s HYBE company paid the fine in advance, and Justin Bieber promised to pay it back after 10 years. But the singer only paid for one period and then stopped.

Justin Bieber’s side denied this. Business manager Lou Taylor confirmed that Scooter Braun charged too high a commission fee, up to 26 million USD (674 billion VND). HYBE Company conducted an internal audit and found that Justin Bieber actually owed Scooter Braun more than 1 million USD (25.9 billion VND).

As tensions escalated, HYBE commissioned an outside auditing firm to get involved. The firm concluded that Justin Bieber actually owed around $8.8 million (VND228 billion). Justin Bieber’s side was unable to make any significant rebuttal to this result, nor did they plan to reveal the audit plan.

US media reported that Justin Bieber owes his longtime manager Scooter Braun $8.8 million (VND228 billion).

In addition, there are many reports that the Baby singer is in an economic crisis, leading to speculation about bankruptcy. The Hollywood Reporter said, “He has severed ties with longtime members of the crew, is in significant debt, some of which have never been paid.” Former crew members also spoke out, expressing concern: “He is currently wandering around without anyone to protect him, with no one around him to say ‘no’.”

As the controversy grew, Justin Bieber’s representative issued an official statement, strongly denying the accusations: “This is just a distorted story from anonymous sources, false information to attract views from a few individuals disappointed that their relationship with Justin has ended.” The representative said that Justin Bieber is still finding his own way, strongly denying rumors of bankruptcy and debt disputes: “Outside speculation will not change his direction.”

Besides the debt news, Justin Bieber is also continuously caught in a state of disrepair and disarray.

Source: TMZ