Justin Bieber Addresses ‘Unflattering’ Claims He’s Broke and Facing $20,000,000 Debt
Pop sensation Justin Bieber is setting the record straight after a swirl of online rumors claimed he’s “broke” and drowning in $20 million of debt.
The 30-year-old singer, known for his chart-topping hits and high-profile lifestyle, recently took to social media to clap back at the speculation, calling the claims “unflattering, wildly exaggerated, and just plain false.”
“This narrative is getting old,” Bieber posted on Instagram. “I’ve worked too hard, built too much, and surrounded myself with people who know how to handle business. Don’t believe everything you read.”
The rumors started circulating after a viral TikTok video speculated that Bieber had been quietly selling off assets and “downsizing” his lifestyle. Some fans pointed to his lack of recent music releases and lower public profile as signs of financial trouble.
However, sources close to Bieber say the singer is simply “taking time to reset,” and is currently focused on his mental health, marriage to Hailey Bieber, and upcoming creative projects — not scrambling to cover debts.
“He’s not broke. Far from it,” a source told Entertainment Buzz. “Justin is in a great place personally and financially. People love to throw numbers around, but they’re not grounded in reality.”
While Bieber has yet to release a full financial breakdown, fans and industry insiders alike are dismissing the drama as just another celebrity-targeted internet spiral.
Until then, the only thing Bieber seems to be cashing in is peace of mind.