Justin Bieber believes it may be too late to express “Sorry” regarding his previous business managers — he contends they severely mishandled his finances, and it might be time to explore legal options.
Insiders reveal to TMZ that Justin has been quite distressed for several years, asserting he’s lost a considerable sum due to poor choices made by his business managers — while we don’t have specifics on how many managers were involved, we do know it’s more than one.
The extent of the perceived financial losses by Justin remains uncertain — other than a vague indication that it’s substantial — but our insiders mention he’s contemplating the possibility of pursuing a lawsuit against those he claims are responsible. His current team appears divided on the matter, with some advocating for legal action while others are against it.
Reports suggest the counterargument against filing a lawsuit centers on Justin’s own phase of extravagant spending. In simpler terms — he contributed to his own dilemma.
Financially, Justin is not in distress … he marketed his music catalog for $200 million in January 2023. Prior to the sale, insider information indicated his net worth was approximately $100 million.
No conclusion has been reached regarding whether Justin will proceed with any lawsuits … deliberations are still in progress.