Justin Bieber Hit With $380K Unpaid Property Tax Bill Amid Financial Woes

Justin Bieber has reportedly been hit with a staggering $380k invoice for unpaid property taxes.

The surprising expense comes at a very powerful time for the singer, who is alleged to be contemplating taking authorized motion in opposition to his former enterprise managers for allegedly squandering his fortune.

Justin Bieber additionally just lately parted methods together with his long-time supervisor, Scooter Braun, although it’s unclear if the expertise supervisor is among the many folks he may sue.

The “Sorry” hitmaker has been hit with a staggering $380,349 invoice for unpaid property taxes on his $16.6 million house close to the unique Madison Membership in Coachella Valley, which he purchased in January final yr.

In response to The U.S. Sun, official information present that half of the quantity was due by October 12 and the opposite half by April 10 subsequent yr.

The taxes for 2022 and 2023 are understood to be supplemental.

Justin additionally has a surprising eight-bed, 11-bath property in Beverly Hills, which he purchased for $25.8 million in August 2020. Nonetheless, he took out a line of credit score value $5 million from Comerica Financial institution for the house 13 months later.

In the meantime, the “What Do You Imply?” singer is reportedly “upset” and is contemplating taking authorized motion in opposition to his former enterprise managers for allegedly squandering his $300 million fortune.

In response to People Magazine, the 30-year-old singer, who just lately welcomed a son, Jack, together with his spouse Hailey Bieber, minimize ties together with his enterprise supervisor Lou Taylor earlier this yr, having labored together with her firm, Tri Star Sports activities And Leisure Group, since 2022.

“They parted methods a couple of weeks in the past in Could,” a supply instructed the information outlet on the time. “It was a mutual and seamless transition. It wasn’t a match anymore.”

In an announcement to The U.S. Solar on Wednesday, John Hueston, who’s representing Tri-Star, stated Justin shouldn’t be contemplating authorized motion in opposition to their firm.

“We did nothing incorrect in our transient 18 months of representing him, and he’s conscious of this,” a rep for the corporate stated. “We weren’t concerned in any alleged unpaid property payments.”

The information about Bieber’s intention to sue his enterprise managers comes months after he parted methods with expertise supervisor Scooter Braun.

The explanation behind the separation was not acknowledged on the time, solely that the expertise supervisor would now not have a hand in directing Bieber’s affairs.

“Scooter Braun and SB Tasks will not be concerned in Justin’s present enterprise or administration and won’t be concerned shifting ahead,” learn a report from Individuals Journal.

They added, “Justin is worked up in regards to the initiatives he’s at present engaged on and is concentrated on what’s in entrance of him.”

Following the revelation, Braun introduced that he was retiring from music administration after 23 years.

Though no swimsuit has been filed at the moment, Justin’s crew is reportedly divided over the matter as some folks in his shut circle need him to sue, whereas others do not.

The U.S. Solar reported that “the argument in opposition to suing is that Justin went by a interval the place he was spending wildly.”

A supply just lately instructed Web page Six that the “Peaches” singer’s spending habits are “uncontrolled” and alleged that the folks he surrounds himself with aren’t being forthright with him.

“He spends eye-watering quantities monthly. At one level, he could not even get a bank card,” the supply shared. “Justin is surrounded by lots of people that should not have his finest pursuits at coronary heart.”

They additional claimed that Justin usually breaks the financial institution on non-public jets, homes, and church donations.

Justin’s fortune seemingly skyrocketed to $300 million after promoting his music catalog for $200 million in January 2023 to Hipgnosis Songs Capital.

In response to Web page Six, the transfer meant that he offered the rights to each tune he has launched or had an curiosity in up till the top of 2021.

The corporate now owns a 100% curiosity in income made out of Bieber’s writings and recording credit, in addition to “neighboring rights,” in any other case generally known as the cash made out of any public performs of the tune in shops, eating places, and many others.

His recorded masters, nonetheless, will proceed to be owned by Common Music Group in perpetuity.

In the meantime, he has since employed Johnny Depp’s monetary supervisor, Edward White, who based Edward White & Co. in 1976, to assist together with his cash administration.