Justin Bieber Net Worth (Money & Salary)

What is Justin Bieber’s Net Worth?

With a net worth of $300 million, Justin Bieber is a renowned Canadian pop singer. He gained prominence after being discovered on YouTube in 2007 and has since sold over 150 million records globally, along with undertaking numerous highly successful and profitable global tours. His status as a worldwide phenomenon has significantly contributed to his immense wealth. During touring years, Justin ranks among the highest-earning entertainers globally, with personal income ranging from $60-80 million from various sources. In December 2022, Bieber finalized a deal to sell his music catalog rights for an impressive $200 million. Back in 2007/2008, he was merely a Canadian pre-teen sharing videos of his performances online, until marketing executive Scooter Braun, who later became Bieber’s manager, stumbled upon his videos. The rest, as they say, is history.

Early Life

Born on March 1, 1994, in London, Ontario, Bieber’s parents never tied the knot, and his mother was a minor at the time of his birth, which led to his maternal grandmother and step-grandfather playing a significant role in his upbringing. During his childhood, he learned to play several instruments, including the piano, drums, guitar, and trumpet, and graduated from St. Michael Catholic Secondary School in Stratford, Ontario, in 2012.

At the age of 12, Bieber participated in a local singing competition in Stratford in early 2007, performing Ne-Yo’s “So Sick” and securing a second-place finish. To share the performance with friends and family, his mother uploaded a video to YouTube and continued to post videos of Bieber covering various songs.

Breakthrough

While on a quest to find videos of a different artist, record executive Scooter Braun inadvertently clicked on one of Bieber’s 2007 videos. Impressed by what he witnessed, Braun tracked down Bieber and persuaded his mother to allow him to take Bieber to Atlanta, where he recorded several demo tapes. Within a week of arriving in Atlanta, Bieber was performing for R&B star Usher.

Shortly thereafter, he signed with Raymond Braun Media Group (RBMG), a partnership between Braun and Usher, who assisted him in auditioning for The Island Def Jam Music Group. In October 2008, Bieber inked a contract with Island Records and relocated to Atlanta with his mother to continue collaborating with Braun and Usher. Braun took on the role of Bieber’s manager in 2008.

Bieber launched his two-part debut album, titled “My World” and “My World 2.0”, in 2010. His marketing efforts for the albums included live performances on popular shows such as “The Today Show,” “The Wendy Williams Show,” “Good Morning America,” and “The Ellen DeGeneres Show.” Within just under two months post-release, “My World” surpassed one million albums sold in the US alone, and it has since achieved a 5x platinum certification.

by the RIAA. The debut album “My World” was the first to achieve the milestone of having four singles (One Time, One Less Lonely Girl, Love Me, and Favorite Girl) make it onto the Billboard Top 40 before the album’s official release. “My World 2.0” debuted at number one on the U.S. Billboard 200, selling a remarkable 698,000 copies in the first three weeks following its release. This feat established Bieber as the youngest solo male artist to reach the top of the chart since Stevie Wonder in 1963. The single “Baby,” featuring rapper Ludacris, soon became Justin’s all-time best-selling single, exceeding 15 million copies sold globally. His follow-up album, a Christmas compilation titled “Under the Mistletoe,” reached sales of 2 million copies, while his third album, “Believe,” released in 2012, sold 3 million copies worldwide.

Music Career

With his rising fame, Bieber’s 3D part-biopic, part-concert film titled “Justin Bieber: Never Say Never” premiered in February 2011. The film topped the box office on its opening day, earning an estimated $12.4 million from 3,105 theaters, and ultimately grossing over $98 million worldwide. Accompanying the film, Bieber released the album “Never Say Never – The Remixes” in February 2011. By June 2011, he was ranked second on Forbes’ list of Best-Paid Celebrities under 30, amassing $53 million within a 12-month span.

In October 2011, his Christmas album “Under the Mistletoe” enjoyed significant success, followed by the release of “Believe” in June 2012 and “Believe Acoustic” in January 2013. The follow-up to his first film, “Justin Bieber’s Believe,” was released in December 2013 and also directed by Jon M. Chu. His song “Where Are Ü Now,” released in February 2015, earned a Grammy Award in 2016 for Best Dance Recording. Bieber broke records as the youngest male artist to debut at the top of the Billboard Hot 100 chart with his single “What Do You Mean” from the album “Purpose” (November 2015). His subsequent album, “Changes,” was launched on February 14, 2020.

His sixth studio album, “Justice,” came out in 2021, marking his return to pop music. This album made him the youngest solo artist to achieve eight U.S. number-one albums, surpassing Elvis Presley. In January 2022, he set a record with the highest number of monthly listeners in Spotify history at 94.68 million.

Among other notable singles and collaborations, he has worked on tracks such as “Cold Water” (2016) with Major Lazer and MØ, “Déjà vu” (2016) with Post Malone, “Despacito” (2017) alongside Luis Fonsi and Daddy Yankee, “I’m the One” (2017) with Quavo, Chance the Rapper, Lil Wayne, and DJ Khaled, “Bad Guy” (2019) featuring Billie Eilish, and “Up at Night” by Kehlani.

Currently, the music video for “Baby” has garnered over 2.9 billion views on YouTube, while the video for “Sorry” boasts more than 3.6 billion views. Across the platform, he has over 71 million subscribers on YouTube.

Catalog

Sale

In December 2022, it became known that Justin was nearing the completion of a $200 million agreement to transfer his music catalog rights to a publicly traded music investment company, Hipgnosis. This agreement implied that Hipgnosis would receive all revenues generated from Justin’s songwriting credits and royalty streams from that moment onward. At that time, this marked the largest catalog acquisition Hipgnosis had ever made, approximately doubling the amount they had previously paid to Justin Timberlake earlier in 2022.

The agreement, which received official confirmation in January 2023, did not encompass Bieber’s master recordings or various other copyrights, as those rights are held by his record label, Universal Music Group.

Christopher Polk/Getty Images for ESPN

Personal Life

Bieber began a highly publicized romance with actress and singer Selena Gomez in December 2010. Their relationship was characterized by ups and downs until March 2018.

During a brief separation from Gomez, Bieber dated Hailey Baldwin between December 2015 and January 2016, later reconnecting in May 2018. The couple became engaged in July 2018 and celebrated their official wedding ceremony on September 30, 2019. Hailey is the daughter of actor Stephen Baldwin, who is Alec’s brother.

Nicholas Hunt/Getty Images

Bieber, a citizen of Canada, reportedly holds an O-1 visa for temporary residency in the United States, though a September 2018 report by TMZ suggested he began the process of obtaining American citizenship after marrying Baldwin.

Despite experiencing tremendous success in the music industry, Bieber, like many young stars, has faced his share of controversies in the media. In 2014, he was arrested for DUI, drag racing, and resisting arrest, showcasing erratic behavior during that period, which temporarily affected his popularity.

In March 2015, Justin volunteered to be the subject of a roast on Comedy Central, featuring celebrity roasters such as Kevin Hart, Snoop Dogg, Shaquille O’Neal, Martha Stewart, Ludacris, among others. At the end of the event, Justin delivered a witty closing line:

“What do you get when you give a teenager $200 million? A bunch of has-beens calling you a lesbian for two hours.”

“`html

Jason Merritt/Getty Images

Business Ventures and Endorsements

Throughout the years, Bieber’s rise to fame has allowed him to engage in several lucrative business partnerships. He has collaborated with brands such as Proactive, Nicole by OPI, Walmart, Adidas, Calvin Klein, and Schmidt’s Naturals. Additionally, he has launched multiple fragrances, including “Someday” (2011), “Girlfriend” (2012), and “Justin Bieber Collector’s Edition” (2014).

In 2019, he established his clothing line named Drew House, and in 2020, he worked with Crocs to create a limited edition footwear line known as Crocs x Justin Bieber. His other collaborations include partnerships with Tim Hortons and Vespa. Furthermore, in December 2022, Bieber initiated a clean water technology venture called Generosity.

As of 2023, reports indicated that Justin Bieber faced a loss of $1.24 million on his Bored Ape NFT investment made a year and a half prior.

Justin Bieber Net Worth Over Time

Tracking Justin Bieber’s net worth began in February 2010, where it was approximated at $500 thousand. This valuation came before the explosive success of “Baby,” which rapidly catapulted the teenager into fame. By late 2010, his net worth had soared to over $5 million. Between 2010 and 2011, his wealth increased significantly. As of January 29, 2012, his net worth was updated to $40 million. Thereafter, he started generating $50-70 million annually through music sales, merchandise, endorsements, touring, and various other business activities. After remaining in the $170 – $180 million bracket for a period, Justin’s net worth officially surpassed $200 million 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

(VALERY HACHE/AFP via Getty Images)

Real Estate

In 2012, Justin, at the age of 18, purchased a residence in the upscale Calabasas gated community known as The Oaks for $6.5 million. This home was the site of multiple conflicts with his neighbors, who often voiced their grievances about his noisy parties and the speeding of his friends through the tranquil neighborhood.

“`

In 2014, Justin was captured on a neighbor’s security camera engaging in the act of throwing eggs at a house, resulting in damages amounting to thousands of dollars. This incident led to Justin being briefly detained at his home, while police executed a felony search warrant. Eventually, he paid $80,000 to settle the issue and sold the house that same year for $7.2 million to Khloe Kardashian.

For the following five years, Justin adopted a somewhat nomadic lifestyle, continuously renting various residences around the globe. Notably, during a significant portion of 2019, he spent an astonishing $100,000 monthly on a rental home in Toluca Lake, California.

In March 2019, Justin made a purchase of a mansion in Beverly Hills for $8.5 million, which he later sold fully furnished in 2021 for $7.995 million.

August 2020 saw Justin purchasing a new residence in Beverly Hills for $28.5 million. This property is situated high in the mountains of Beverly Hills, within a highly exclusive gated community known as Beverly Park. Notable neighbors include celebrities such as Denzel Washington, Eddie Murphy, Rod Stewart, and Sylvester Stallone. The mansion was listed for $42 million just two years before Justin’s acquisition. 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.