What did Justin Bieber sell for $200 million?
Justin Bieber sold his music catalog for $200 million in December 2022 because he was on the verge of “financial collapse,” according to a new documentary. Celebrity Net Worth’s current conservative estimates reveal that Hailey Bieber is valued at $300 million. The report was last updated on May 28, 2025.Hailey Bieber sold her beauty brand, Rhode, to E. L. F. Beauty last week for a reported $1 billion, officially making her richer than her famous husband, Justin Bieber. Justin sold his music catalog in 2020 for $300 million but quickly squandered it on reckless spending.Hailey Bieber’s $1 billion Rhode sale by partnering with e. Beauty may have changed her net worth, but she’s reportedly “definitely not” a billionaire.The highest profile and youngest newcomer is musician and actress Selena Gomez, who at 32 is worth an estimated $700 million. The vast majority of the star’s fortune comes from her stake in Rare Beauty, the cosmetics company she founded in 2020 and that Forbes estimates is now worth $1.
How many Ferraris does Justin Bieber have?
Ferrari 458 Italia Bieber owns two Ferraris, but his 2011 Ferrari 458 Italia is worth talking about because it comes equipped with a 4. V8 engine and a 7-speed dual clutch transmission. The car produces 562 horsepower and 398 lb-ft of torque, and can accelerate from 0 to 60 mph in just 3 seconds. Journalist Chris Harris was banned from driving Ferraris after writing a scathing article about Ferrari’s alleged car loan system. In short, he accused Ferrari of building one-off test cars for the media, unrepresentative of the vehicles available for sale.Chris Harris famously got banned from driving Ferraris after writing a scathing inside look at Ferrari’s alleged loaner cars scheme. In short, Chris Harris accused Ferrari of building unique test cars for the media that weren’t representative of the vehicles customers could buy.Why is Justin Bieber rumoured to have been banned by Ferrari? Justin Bieber allegedly made unauthorised modifications to his Ferrari and sold it at auction before the deadline, violating Ferrari’s ownership rules.
Why did Justin Bieber lose his Ferrari?
Justin Bieber committed what are known as three sins for Ferrari: In 2014, to get rid of the paparazzi, he braked sharply, causing a collision, customized the vehicle by modifying the aerodynamics and painting it a bright blue, and finally, auctioned it off in 2017. Why is Justin Bieber rumoured to have been banned by Ferrari? Justin Bieber allegedly made unauthorised modifications to his Ferrari and sold it at auction before the deadline, violating Ferrari’s ownership rules.
Who owns the rights to Justin Bieber?
Justin Bieber has sold the rights to his publishing and artist royalties from his song catalog, adding himself to a growing list of pop stars who have inked rights deals. Bieber sold his catalog to Hipgnosis, the music rights investment company announced Tuesday. Bieber, at the age of 28, has sold his rights to all the music he released before 2022 for a reported US$200m. Merck Mercuriadis, founder and chief executive officer of Hipgnosis Song Management, who bought the rights, said: “This acquisition ranks among the biggest deals ever made for an artist under the age of 70.Although Bieber sold his publishing rights to Hipgnosis, his masters are being held due to the fact that they are still owned by Universal Music Group.
Is Justin Bieber still rich?
He made most of his money from music tours, selling songs, brand deals, and his clothing line Drew House, as per reports. In 2022, he sold his music catalog for $200 million to Hipgnosis Songs Capital. His net worth hovers between $200 million and $300 million, as of May 2025. Key Facts. Hipgnosis acquired 100% of the publishing rights, masters recordings and neighboring rights of Bieber’s back catalog, 290 songs released before December 31, 2021. His recorded music masters will continue to be owned by Universal Music Group. The deal is worth over $200 million, Billboard and Variety reported .