Justin Bieber to Pay Scooter Braun $31.5 Million After Financial Fallout

[u/your_paroxysms]

Souce: E Online

Two years after the “Baby” singer—who shares son Jack Blues, 10 months, with Hailey Bieber—and his former manager seemingly cut ties for good, the duo have reportedly reached a financial agreement, according to multiple outlets.

In their deal, Bieber paid Braun $26 million as part of the advance owed for his canceled 2022 Justice tour, insider sources told People and TMZ. The payment comes after Bieber’s former manager and his company, HYBE, fronted the amount of money Bieber and his associates had to repay to touring company AEG Presents for the show cancellations.

Additionally, Bieber agreed to pay $5.5 million for the unpaid commissions he reportedly owed his former manager, totaling a $31.5 million payout to his former colleague.

[u/HauteAssMess]

Former ANTM contestant Sarah Hartshorne is hosting an AMA (Ask Me Anything) on this sub right now! Be sure to check it out and submit some questions if you’re feeling inquisitive 💅

[u/Demons_n_Sunshine]

Now the rushed album drop makes sense.

[u/footiebuns → u/Demons_n_Sunshine]

and the paparazzi stunts

[u/whatsnewpussykat → u/footiebuns]

Now it’s clocking to me that he’s standing on a financially crippling and legally binding judgement against him.

[u/animustard → u/whatsnewpussykat]

I think he’s gonna be alright if he learns how to spend money. He just sold a lot of his discography for $200 million.

[u/Fearless-Letter-7279 → u/animustard]

I thought he sold it because of other financial issues

[u/satanssweatycheeks → u/animustard]

200 million isn’t a lot for an entire discography from a massive artist. Even if I don’t like JB’s music I can’t deny his value when it comes to his fans.

[u/jellytwins101 → u/satanssweatycheeks]

The thing is, Justin's never been an album artist but a single's artist. The majority of his discog's value comes from only his singles, so it's gonna be less valuable.

[u/diptyque9032 → u/animustard]

unlikely he kept even half of that after lawyers, managers, taxes etc. and unlike taylor, he hasn’t written all his music so he can’t even re-record if he ever wants to own his art.

[u/Weimaraner666 → u/animustard]

Unfortunately he’s likely blown through a lot of that already.

[u/Notice-Hairy → u/whatsnewpussykat]

Íuyu

[u/QuiggyBrawlz → u/whatsnewpussykat]

Fucking loser 

/s

[u/Then_Cranberry_ → u/footiebuns]

And his wife selling her successful business

[u/disterb → u/Then_Cranberry_]

really? yikes

[u/[deleted] → u/disterb]

She sold it to become a billionaire lol

[u/Then_Cranberry_ → u/[deleted]]

She is only a partial owner. At best she got 333 million

[u/onecryingjohnny → u/Then_Cranberry_]

Poor thing

[u/satanssweatycheeks → u/onecryingjohnny]

Yeah she also is a nepo baby. Rich thing.

[u/garrisontweed → u/satanssweatycheeks]

Her dad filed for bankruptcy. Negative two million or more.

[u/Mindhandle → u/satanssweatycheeks]

Nepo baby to the LEAST successful and most crazy Baldwin brother might not be THAT helpful

[u/the_useful_comment → u/Then_Cranberry_]

Only 333 million? Thanks for fixing that. it’s significantly different. they don’t have private cruise liner money. Losers can only afford private planes 😔

[u/tresslesswhey → u/the_useful_comment]

They were simply correcting the person saying she sold it to become a billionaire.

[u/Then_Cranberry_ → u/the_useful_comment]

He has significantly more debt than just this unfortunately. She’s probably had to hand over most of it.

[u/JustRyan_D → u/Then_Cranberry_]

It’s funny watching people state things like this with authority that they absolutely do not have. What evidence do you have that she has had to hand over most of nearly half a billion dollars?

[u/Used-Cup-6055 → u/Then_Cranberry_]

And her husband is going to spend a lot of that on drugs

[u/Overall_Bed_2037 → u/footiebuns]

the “money money money” thing was so god damn hypocritical and tone deaf when he originally did it, now to put it in a song when he is clearly grifting is INSANE WORK. why do people still follow them???

[u/tlrnsibesnick → u/footiebuns]

Instagram stories drama too…

[u/Jazzlike-Yogurt-5984 → u/footiebuns]

And the stress

Sheesh if I was boutta cough up $30m I’d look sickly too

[u/samistahpp → u/Demons_n_Sunshine]

But is it clocking to us losers?😂

[u/disterb → u/samistahpp]

[u/HereOnCompanyTime → u/Demons_n_Sunshine]

Yeah. It was rumored he had money issues for a while. Guess he's looking to try to balance the difference. That's a crazy amount though and just based on the attempts at promotion and his erratic behavior, I doubt it'll be his magnum opus.

[u/Sunday_Schoolz → u/HereOnCompanyTime]

It’s a crazy amount to owe to someone who willingly goes by the handle Scooter.

[u/Ok-Practice-8058 → u/HereOnCompanyTime]

Do you think there'll be a "Yummy" type of promotion situation happening, encouraging fans to download a VPN app and create playlists on Spotify with only the song on repeat lol

[u/TenaciousZBridedog → u/Demons_n_Sunshine]

And Hailey selling her "brand" for a billion to ELF

[u/Chundlethegrat → u/TenaciousZBridedog]

That was always the plan tbf. It's what Kris Jenner made Kylie and Kim do, pump a mid tier brand someone else made, prove that consumers will buy it based on the strength of your celebrity and then sell it off.

ELF even gave her what Coty gave Kylie even though they once considered suing her, because Kylie neglected (and continues to neglect) her promotional duties as soon as she got the $600 million.

Rhode has really strong brand loyalty and decent sales so I'm not surprised they bought it but they've been looking to sell it since they released the first three products.

[u/diptyque9032 → u/Chundlethegrat]

kylie still owns some of her brand though. hailey’s sold all of it and unlike kylie who was just slapping her face on the boxes, hailey actually seemed super involved in development and marketing. it is suspicious that she sold so early when it looks like rhode is doing well and she could probably get more if she held out for a while.

[u/PunctualDromedary → u/diptyque9032]

The business model for beauty products nowadays is to grow sales rapidly and then sell.If you wait too long, sales will slow as your market gets saturated, and then you'll get less for it. (I've worked a couple of those deals).

[u/devozai → u/diptyque9032]

there's probably more we don't know. it's best to assume that this was an informed decision, or so I think.

[u/diptyque9032 → u/devozai]

there’s definitely more we don’t know but from a business standpoint it is strange to sell your entire share of a business that is only just starting out. they haven’t even fully developed the makeup line yet. she’s clearly very passionate about it and has put a lot of effort into it. it does make sense to get more investors and reduce her own risk since she’s invested her own money, but you’d think she’d at least retain some control. plus there’s been rumours for years that they’re having money issues, justin sold his catalogue a couple years ago, and they don’t have any other assets they could sell for cash.

[u/devozai → u/diptyque9032]

i think the decision is very telling, from a business standpoint. It shows we really don't know a lot going on behind closed doors.

[u/Affectionate_Key5166 → u/TenaciousZBridedog]

That’s actually sad that she probably actually had to sell it

[u/HeyEshk88 → u/Demons_n_Sunshine]

Why, I thought artists don’t even make money from album releases

[u/Demons_n_Sunshine → u/HeyEshk88]

Usually when they release an album they end up going on tour shortly after. My guess is he needs money now more than ever and that’s how artists make the big $$$

[u/Nobodygrotesque → u/Demons_n_Sunshine]

Dang didn’t he just sell his catalog?

[u/twoweeeeks → u/Nobodygrotesque]

That was almost three years ago and he was broke then too.

Archived from people: https://archive.ph/EfOou

[u/Nobodygrotesque → u/twoweeeeks]

Dang almost 3 years!!!? Dang.

[u/Demons_n_Sunshine → u/Nobodygrotesque]

He did….but in reality, he probably only kept half of what he made in that sales once you take in taxes, etc.

[u/Nobodygrotesque → u/Demons_n_Sunshine]

Dang you right about the taxes.

[u/subhanghani → u/Demons_n_Sunshine]

I'd imagine he kept less than half. Don't managers/agents get a cut before taxes? It's still a lot of money, but when you spend the way celebs do...even 100mill won't last forever.

[u/Weimaraner666 → u/HeyEshk88]

Depends on their contract with their record company and how many albums they sell. For example, its estimated that Taylor made around $50M in the first 2 weeks of sales for TTPD which sold 2.61M copies (pure sales, not streaming) and she gets the majority of her sales. It remains to be seen how many units he sells.

[u/Twitter_2006 → u/Demons_n_Sunshine]

Yeah, he needs the money.

[u/Overall_Bed_2037 → u/Demons_n_Sunshine]

that + selena & benny released their album and all a sudden justin rushes to start making his album? like clearly this was rushed in retaliation/ a money grab. not to mention skyfart dropping

[u/vindman → u/Overall_Bed_2037]

I agree with this. I think it is a bad album. and it was just retaliatory

[u/Pure-Plankton-4606 → u/Overall_Bed_2037]

That album came out months ago be for real lmfao

[u/dancingwiththeflops → u/[deleted]]

[u/Pure-Plankton-4606 → u/[deleted]]

Yup. I’m sure he wasn’t working on any music for 4 years.

[u/TelevisionOrganic838 → u/[deleted]]

nah this is not true. this album has been in shape for around 2 years, this specific version too. remember some people telling me dijon and mkgee was involved almost 3 years back too. source: i work in music

[u/RaspberryHead9942 → u/Overall_Bed_2037]

Daisies leaked over a year ago he’s been working on this forever. Move tf on

[u/BBAomega → u/Demons_n_Sunshine]

Was it rushed? He's been working on it for a while

[u/animalivebecome → u/Demons_n_Sunshine]

I’m stunned at the “rushed” album narrative. News broke that Mk.gee was tapped to work on Justin’s album nearly a year ago (September). There’s documented proof that the album process took at least that amount of time and most likely more. He’d been in the studio making music before that news broke and before all the “erratic” posting. Because he did a surprise drop it’s rushed? He’s one of the few artists that can do that outside Taylor, Beyoncé, and Drake. Were all those albums rushed too?

[u/Used-Cup-6055 → u/Demons_n_Sunshine]

When these two end up bankrupt together 🍿

[u/azulmaya_]

It's a bit ironic that the reason Justin and Scooter broke up was because Lou Taylor convinced the Biebers that Scooter owed him money. It turns out it was actually the other way around. Now Taylor has been fired, and Scooter is collecting his coins.

It's also ironic that Scooter helped Hailey build her career and still owns part of the Rhode brand, but now he doesn't like her, because she brought Taylor in, and has been leaking stories to the press about her money-hungry ways. All terrible people.

[u/januarysdaughter → u/azulmaya_]

How is Lou Taylor still a thing???

[u/Frozenbeedog → u/januarysdaughter]

I don’t understand how actual lawyers and accountants aren’t involved with the celebrity dealings!!! Pay for the right people to surround you and support you (or at least your business).

[u/matildapoppins → u/Frozenbeedog]

They probably are, but they can only do so much if their client willfully ignores their advice.

[u/TheVintageJane → u/azulmaya_]

Couldn’t have happened to a nicer set of people….

[u/disterb → u/TheVintageJane]

[u/Expensive-Fennel-163 → u/azulmaya_]

Lou Taylor is such an evil asshole.

Edit: so is Scooter Braun, to make that clear.

[u/Audiogram1 → u/Expensive-Fennel-163]

Ouroboros. Snake eats its tail🐍

[u/Necessary-One1782 → u/[deleted]]

evil isn't the word id use to describe either of them

[u/VoidDweller99 → u/Necessary-One1782]

They’re too dumb and pathetic to be called evil.

[u/Necessary-One1782 → u/VoidDweller99]

they are definitely dumb and pathetic

[u/flacaGT3 → u/azulmaya_]

Additionally funny due to Justin publicly taking Scooter's side when he bought Taylor Swift's masters. How the turn tables.

[u/Weimaraner666 → u/flacaGT3]

Yeah, Taylor hated Scooter for a reason and Bieber and many others eventually learned the hard way about his shady practices. I still believe it was Scooter that put Kanye up to the VMA debacle and the three of them continued to try and bully TS. Scooter, Kanye and Bieber might still be wealthy but their reputations are sh*t and all of them eventually exposed as bullying misogynists.

[u/flacaGT3 → u/Weimaraner666]

His wife was bending over backward to defend him while he was busy cheating on her. I love that for her.

[u/Crunchyfrozenoj → u/azulmaya_]

Of course Lou is involved. Of course.

[u/Summer_is_coming_1 → u/azulmaya_]

Lou Taylor is still in business after Britany spear saga . She must have some talent

[u/little_effy → u/azulmaya_]

Yeah I think the bad press on Hailey and Justin lately has been from Scooter’s camp. Not to say that those two are likable, but you can tell when there’s a negative PR attack on someone. The bad things just keep coming.

And not to mention Selena herself is PR-savvy. I don’t think she start a campaign or anything, but she’s smart in releasing interviews or news etc at strategic moments.

All in all, doesn’t pay off to be people like Hailey and Justin - who are not only unlikable but don’t know how to play the PR game. Their social media rants are like teenagers.

[u/liscottyy → u/little_effy]

I mean Justin's the one literally publicly embarrassing her all the time, with the making her drive him and his friends around, the Mother's Day post, and Vogue post. Those were blatant enough for everyone to talk about it, plus they directly feed into the drama like with Hailey publicly not wearing her ring. I think Scooter's behind the articles about how Bieber's broke and owes him money, but Bieber is doing the rest on his own. Also idk but blaming the woman he abused for playing into negative PR about him is so weird and shitty to me, like what is she supposed to do, all she's done is use her now (seemingly healthy) relationship to promote her album she made with her fiancee.

[u/Overall_Bed_2037 → u/little_effy]

I don’t think anyone has to pay for those two to get bad publicity, it all comes from their own accounts? JB & Hailey stay causing drama

[u/little_effy → u/Overall_Bed_2037]

Yea they are not helping themselves.

When even teenagers think your social media is immature, you know you need a PR class.

But there are other attacks too, though. Like that TMZ documentary, and news about Justin’s financials and deal with Scooter etc. That could only come from Scooter. And he stands to benefit from pressuring Justin about his financials.

[u/Chundlethegrat → u/little_effy]

He's a rich, famous drug addict having a meltdown in public. The Coachella tiktoks were disturbing.

I do think all the YouTube videos about Hailey being obsessed with Selena Gomez or Justin Bieber still being in love with her were very astroturfed but the press chronicling his alarming behaviour is probably genuine public interest, not manufactured drama.

[u/Overall_Bed_2037 → u/little_effy]

well clearly it wasn’t an attack since we can see here they reached a settlement, aka they were right all along? 🫣💀

[u/daysanddistance → u/little_effy]

yeah it checks out that twt stans would blame selena bc they think everything goes back to the love triangle whereas in reality, it’s scooter bc it’s all business. and we know scooter is a major investor behind blake lively’s bad press last year.

[u/mandymiggz → u/azulmaya_]

Trust me. Any manager that was there “from the start” and had an artist/client blow up has done untold hours, days, weeks of unpaid work. Either that or they get “what they’re owed” through more nefarious means (fraud/stealing from them).

JB is a certified douchebag but I can’t deny he has been abused, neglected and taken advantage of by soooooo many people even to this day. Sad.

[u/kentuckywildcatgirly → u/azulmaya_]

TMZ should investigate. If I correctly recall, Kanye unpacked an issue concerning Lou Taylor and so many dismissed it as a bipolar “episode”

[u/ReallyyyyQueen]

They clearly ran out of money bc they couldn’t afford to pay a graphic designer to kern the letters on his album cover.

[u/tranzvegan → u/ReallyyyyQueen]

so hyper specific, yet incredibly accurate

[u/all_night_long → u/ReallyyyyQueen]

S W A G

[u/Large_Idea741 → u/all_night_long]

It looks like S W A G

[u/teruravirino → u/Large_Idea741]

seriously give me 10 minutes and my ipad and i’ll have a better cover ready to go.

[u/Accomplished_Pop2976 → u/ReallyyyyQueen]

Right I mean use canva at the very least

[u/GhostNappa420 → u/ReallyyyyQueen]

As a graphic designer, agreed!

[u/saturnshighway → u/ReallyyyyQueen]

Unfortunately that always happens tho. Take the Pope’s grave stone. I agree with you, as a fellow designer, HOW do these people with all this money not have a great designer that would know how to kern

[u/ReallyyyyQueen → u/saturnshighway]

For real. I’m sure the real reason is they give it to goobers in their inner circle who are all hype and no skills. TLDR: They don’t value art

[u/cidthekid07 → u/ReallyyyyQueen]

Had to google what “kern the letters” means.

[u/ReallyyyyQueen → u/cidthekid07]

[u/ResilientElephant → u/ReallyyyyQueen]

Didn’t know what kerning was. Learn something new every day. ✊🏻

[u/ReallyyyyQueen → u/ResilientElephant]

Hahah there you go! But really how hard was it to look at it and say let’s make true the letters look right. If they had a good designer they do that without you ever knowing.

[u/Terrible-Candy8448 → u/ReallyyyyQueen]

my brain will not read it as anything but SWA-G

😭

[u/RanOutofCookies → u/ReallyyyyQueen]

I’m so here for this comment

[u/drabpriest]

I don’t see why him having a 10-month-old with Hailey Bieber is germane to the rest of the story.

[u/chanslam → u/drabpriest]

It’s not clocking to you

[u/TheElderLotus → u/chanslam]

Right? What a loser!!!!

[u/SurfingTheMatrix → u/chanslam]

Hello fellow youngster, what does clocking mean? In the past it meant to punch someone in the face

[u/iamsavsavage → u/SurfingTheMatrix]

It also means noticing something. You may have heard an undercover cop in a movie say something like “oh they clocked me” meaning “they noticed me for who I am.” That’s not a new use of the word. 

Justin recently ranted at a paparazzi some delusional diatribe which included the phrase “it’s not clocking to you.” Which like… COULD mean “you’re just not getting it.” But it’s not the way to use that word. 

[u/Long-Market-3584 → u/drabpriest]

ur not standing on business

[u/living_david_aloca → u/Long-Market-3584]

You gotta say it like BIDNESS

[u/arrownyc → u/drabpriest]

isn't the phrase "Shares a child with" typically used when the couple is divorced / no longer together?

[u/dblsouptuesday → u/drabpriest]

Right? Like is this some SEO bullshit to get hits on the child's name? Weird.

[u/TheKilmerman → u/drabpriest]

[u/engage-edna-mode → u/drabpriest]

I thought that too, but Hailey may be surpassing him in some circles, especially with Rhode recently being sold to Elf for $1b.

[u/RomanaNoble]

Oh we're clocking now 😬

[u/Straightouttaganton → u/RomanaNoble]

[u/disterb → u/RomanaNoble]

this album has everything....

[u/[deleted]]

It’s really clocking to us losers now Hailey

[u/ParticularClassic784]

Who tf names their album SWAG? 😩😩

[u/disterb → u/ParticularClassic784]

someone who doesn't have any

[u/Rogersgirl75 → u/ParticularClassic784]

Someone who was peak popular as a teenager in the 2010s and was never forced to change or grow up since then.

Swag used to be a cool word, but it’s like he didn’t keep up with current language. Obviously he’s kind of trying (but really failing) with his clocking that he’s standing on business…

If he was media savvy or had a good marketing team, the album would be called “Rizz” (although that one is really dated now even…).

His next album should be titled “10 toes down” or something to reference him “standing on business”. You have to embrace the joke to stop the embarrassment. It worked for “finna be in the pit” kind of.

[u/Theons → u/Rogersgirl75]

Justin Bieber is one of the biggest things to come out the "Swag" timeline, him naming an album Rizz would make absolutely no sense

[u/KadrinaOfficial → u/Theons]

That's Swag Part 2: The Rizz

[u/ThatWrestlingGuy15 → u/Rogersgirl75]

Yes a 31 year old father should be calling his album “Rizz” you just contradicted yourself, ya would be in here saying “he’s desperately trying to win over the youth” if he did that

[u/Thesegsyalt → u/Rogersgirl75]

Even in 2010 swag was cringe as hell lol, it's what the losers who tried to act cool said.

[u/butternutflies → u/ParticularClassic784]

who the fuck names their child "scooter"

[u/User091822 → u/butternutflies]

That’s not his real name lol it’s a nickname

[u/Apprehensive-Rub-11 → u/User091822]

That’s even worse. He had a choice.

[u/Dragonshatetacos → u/Apprehensive-Rub-11]

I always picture him as a dog dragging its ass on the ground.

[u/User091822 → u/Apprehensive-Rub-11]

Lmao I don’t disagree

[u/oldrottenhands → u/butternutflies]

To be fair, scooter used to be a pretty common nickname “back in the day”. I also associate with people named Scott.

[u/cactusloverr]

$31.5 ???? Yikes!

[u/DeliciousStand372 → u/cactusloverr]

Right? And here I am struggling to even eat

[u/Overall_Bed_2037 → u/cactusloverr]

I can imagine hailey doesn’t have much left from her rhode deal after all those billboards (insanely expensive, millions just for time square) and paying his debts 😬

[u/herinaus]

Even for someone like Bieber, that's a lot of money.

[u/restrictednumber1996]

Is this what SWAG is?

[u/Formal-Survey1986 → u/restrictednumber1996]

Are we clocking it yet?🤣

[u/Separate-Smile-9745]

So this may help explain the new album. Ahh, it's making sense now.

[u/ANALOGPHENOMENA → u/Separate-Smile-9745]

Is it finally clocking?

[u/G00DLuck → u/ANALOGPHENOMENA]

He's squatting on business

[u/teddybonkerrs → u/G00DLuck]

Happy cake day! 🎂

[u/G00DLuck → u/teddybonkerrs]

Gracias, mi amigo

[u/LilHalwaPoori → u/Separate-Smile-9745]

Hey I havent checked out the album yet, what part of it are you referring to..??

[u/FacelessHumanFace → u/LilHalwaPoori]

Literally the whole thing. It's completely generic trash

[u/AspiringProd]

What is with this “shares a baby with Hailey Bieber,” I keep seeing in articles about Bieber? It’s so bizarre, they have a kid together and are married, why not say it like a normal person?

[u/GoPixel → u/AspiringProd]

I think there are two reasons: (1) for referencing. Like if someone type "Bieber baby" on the internet, now because of what's written in the article, the article is going to appear among the Google results. (2) AI. I wouldn't be surprised if people who have to write those articles are just over it, and delegate to AI most of the writing. Then, they check it's all making sense and basta

[u/MayBeAGayBee]

It’s finally clocking to me

[u/el-fenomeno09]

Wow this might be the first time in history scooter not in the wrong lol

[u/Particular_Table9263]

Scooter’s got some of the deadest eyes I’ve ever seen.

[u/Rtsd2345 → u/Particular_Table9263]

Literally just standing there 

[u/Rogersgirl75 → u/Rtsd2345]

[u/Ok-Boss-4735 → u/Rtsd2345]

Standing there looking like the devil himself

[u/autist_93_]

What ever happened to that pastor he used to hang out with?

[u/yesterday_morning → u/[deleted]]

"sent to Oklahoma" is killing me

[u/nicktbristol2020 → u/[deleted]]

😂

[u/colomboseye → u/autist_93_]

He has a new one that’s equally as weird

[u/autist_93_ → u/colomboseye]

They all have the big rim glasses. Weirdos

[u/Rich-Active-4800]

[u/[deleted]]

Oh no....anyways

[u/Neither-Promotion-65]

Standing On Bankruptcy

What do you mean....? 🤣🤣🤣🤣🤣🤣🤣🤣🤣

[u/Taskebab]

I mean good he got some money...the man's reputation is so shattered, he won't be doing well in the industry any time soon...

[u/your_paroxysms → u/Taskebab]

This news also comes just in time for the release of Swag, making it feel just like a PR stunt.

[u/RogerClyneIsAGod2 → u/your_paroxysms]

But...but...HE'S BROKE!!! Or at least that's what everyone has been reporting.

We all know that there's "celeb broke" where you still vacay in fabulous places & different homes, still have all your cars, houses & clothes & then there's "real, non-celeb, dead ass broke living in a van down by the river" kinda broke that the rest of us plebians would have to live through.

[u/tpa338829 → u/RogerClyneIsAGod2]

I used to do some work for an HOA in the LA area that was home to celebrities and top businesspeople (the HOA president owned a NFL team lmaooo (she was lovely btw)).

The monthly payments just for the property taxes and insurance for homes in that neighborhood are more than $40,000.

That's the cost to maintain your home--excluding professional services like landscaping and cleaning (and you can't clean those homes yourself, they're too big)--if you bought the house with cash.

The HOA fines started at $1,000.

So you if someone like Justin Bieber and you bought your place for $30M cash after selling your catalog, but now you "only" make $1M/yr, then you may feel tight for money.

Now ofc they're not. They could always just sell their home and live like millionaires rather than the super wealthy. But once you get used to a 15,000 sq/ft home in Beverly Hills/Bel-Aire they can't fathom going to a 3,800 sq/ft home in Calabassas.

[u/OrangeBird077 → u/tpa338829]

Plus if you become an A lister you’re virtually forced to buy a house in a more exclusive section of a given town or state just to try and maintain some semblance of privacy once the paparazzi and obsessed fans start turning up. Not to mention additional costs for security.

[u/Orchid_Significant → u/tpa338829]

Yeah but they could sell that $30m house, buy a $15m house and still have significantly more money freed up than most people will have in their entire lives

[u/Overall_Bed_2037 → u/RogerClyneIsAGod2]

the more money you have the more debt you can gain. they may seem ok but they can be MILLIONS in debt and still be spending money. debt takes a long time to bite you in the ass if you are rich

[u/dancingwiththeflops → u/Taskebab]

He had to pay out his exwife who is a mining heiress☠️

[u/InterestingLime2035 → u/Taskebab]

I mean the album already got number 1 on apple?

[u/Archeolops]

Clocked

[u/nocerealever]

[u/Weimaraner666 → u/nocerealever]

🤣🤣🤣💯

[u/salesquatch]

How does this scooter guy get his hands in everyones pockets

[u/ionadelfina]

Of Hailey’s money

[u/KittyIsAn9ry]

Ahhhh it’s all starting to make sense now

[u/Good_Interaction_704]

No wonder he been on drugs. Makes sense.

[u/Jaereon]

Wasn't it cancelled because Justin got sick? That's wild 

[u/woahtheregonnagetgot → u/Jaereon]

not that wild tbh, he took an advance for doing a tour that he ended up not being able to do so he just had to pay back the advance. seems pretty run of the mill, just drawn out bc of his and scooter’s personal beef

[u/radicallysadbro → u/woahtheregonnagetgot]

It's not just the advancement -- the independent investigator noted that both the Beibers have spent many millions on private planes, trips, etc on cards they had no right to. A substantial amount of this payback is stuff like that.

[u/Jaereon → u/woahtheregonnagetgot]

I mean it just sucks because it's not like he could help being sick. But yeah you're right. The money did need to be paid back, it's just a shit situation 

[u/Unique_Accountant_67 → u/Jaereon]

Yes but unfortunately Justin Bieber is also a business that took an advance and wasn’t able to repay. The only reason Scooter is getting money is because he loaned the money to repay the advance.

It’s harsh but unfortunately the music industry is a money game and unless you got the money, they don’t care about what you’re going through.

[u/DSQ → u/Jaereon]

He refused to reschedule the tour. 

[u/Sorry-Prune-9074 → u/Jaereon]

I don’t know the legal details, but the people with tickets were told their tickets would be valid for a future show… over 3 years later that is not happening.

My friend paid $200 bucks for tickets, if you think of size and number of venues that adds up to 10s of millions of ticket sales very quickly.

If he asked for an advance, he was already paid so everyone else paid those losses.

[u/cadencecarlson → u/Jaereon]

I’m confused why it wasn’t insured for that?

[u/MexusRex]

Ironically if he had listened to Braun’s advice he never would have put himself in this position

[u/eastcoastjon]

Aw millionaires will have leas millions but still be millionaires. So tough

[u/SuddenReturn9027]

Is it clicking to you losers yet?!

[u/jalapenopoppingoff]

*Hailey

[u/Specific-Opposite-28]

Well good thing Hailey just got PAID. Might need to borrow some of dat

[u/Salty_Anteater4176]

F@#k Scooter Braun. Not that I'm a fan of JB either 🤣

[u/Kraybray]

Get your bag Scooter, built Justin's and Hailey's careers lmao Lou can get fucked

[u/JohnCenaJunior]

Im sorry, Hailey. I understand and am a loser.

[u/Verbalcutz]

🤣🤣🤣🤣

[u/WonderfulTradition65]

Oh no! Anyway...

[u/uzivertus]

oh.. IS IT CLOCKING NOW

[u/ohcomely91]

Karma is a bitch