Justin Bieber

Justin Bieber Net Worth: The Making of a Millionaire

Canadian pop singer Justin Bieber has been a household name since his YouTube debut in 2007. His music has defied genres, and he is one of the most highly paid-entertainers in the world.

Justin Bieber’s estimated net worth stands at $285 million, $60-80 million of which is brought in from his personal salary. With over 150 million records sold, it’s no wonder this megastar lives in a $30 million mansion in Beverly Hills.

As a celebrity, multi-millionaire Justin Bieber has a lot going for him, and his popularity has continued to skyrocket throughout his career. The rest of this article will discuss Justin Bieber’s net worth and how he chooses to spend his money.

How Did Justin Bieber Make His Net Worth?

Justin Bieber was born in 1994 and showed an affinity for music early in life, learning to play the piano, guitar, drums, and trumpet. In 2007 at 12 years old, Bieber earned second in a local Stratford singing competition with his rendition of Ne-Yo’s “So Sick.”

His performance was posted to the freshly popularized YouTube, and growing up, Bieber would continue to sing covers on YouTube. His big shot came when record exec Scooter Braun stumbled upon one of Bieber’s videos.

Liking what he saw, he signed Bieber up for a demo, which quickly transitioned to a stint with R&B singer Usher. In 2008, Bieber was signed to Island Records, a joint venture with Raymond Braun Media Group (RBMG) and put under Braun’s official management.

Music Career

Justin Bieber
Image Credit: Shutterstock.

His big break would be released in 2010 with his debut album, “My World,” followed by “My World 2.0.” With several live performances under his belt and the popularity of “My World” skyrocketing, Bieber was on the fast track to fame. The album has been certified five times platinum by the RIAA.

The second debut, “My World 2.0,” would hit number one on the Billboard 200, selling just under 700,000 copies during the first three weeks of sales. Dearly beloved and severely hated by others, hit single “Baby” is his best-selling work, with over 15 million sold worldwide and an astounding 2 billion views on YouTube.

Following the success of his first album, Bieber released several more albums, including “Under the Mistletoe,” “Believe,” and “Changes.” He’s also kept up with other celebrities in songs such as “Cold Water,” “Déjà vu,” “Despacito,” “I’m the One,” and “Bad Guy,” cementing his name as a guest appearance in numerous songs.

Documentaries

Bieber has also brought in some revenue from his two movies: “Justin Bieber: Never Say Never” and “Justin Bieber’s Believe.” The first film, “Never Say Never,” is the most successful concert film in history, netting Bieber $29.5 million during opening week and $73 million in total.

Touring

Most of Justin Bieber’s net worth comes from touring. His first and second tours netted him over $120 million, and his Purpose World Tour brought in over $250 million.

YouTube

His YouTube presence also brings in money. He earns millions monthly from ad revenue, with over 28.5 billion views and 69.7 million subscribers.

He also earned a reported $20 million for the YouTube documentary series Justin Bieber: Seasons.

Endorsement Deals

Lastly, his merchandise product endorsements have proved to be lucrative as well. He’s had partnerships and deals with big brands like Calvin Klein, Proactiv, Nicole by OPI, Adidas, Best Buy, Schmidt’s, Vespa, T-Mobile, and Beats by Dre.

The income earned from these endorsements has not been disclosed. However, Calvin Klein saw a significant revenue increase while Bieber was endorsing the company.

Fragrances

Not many people realize Justin Bieber makes an income from perfume sales. He has released seven fragrances, including his debut, Someday, the best-selling new women’s fragrance of 2011.

How Does Justin Bieber Spend His Money?

Justin Bieber
Image Credit: Shutterstock.

With such extraordinary wealth, Bieber has spent his money in several different ways.

Houses

Bieber has spent a good deal of his earnings on houses. At 18, he purchased a $6.5 million home in Calabasas, California, which he later sold for a profit of $7.2 million. He went on to rent million-dollar condos and houses in Beverly Hills until settling for a mansion in London.

In 2018, he rented a $9.6 million mansion in California, after which he spent $5 million on a house in Ontario.

After he married, Bieber and his wife Hailey bought a Beverly Hills mansion for $8.5 million, later upgrading to a $25 million estate in Los Angeles.

Cars

Bieber also owns over $4 million worth of cars. Perhaps the two most impressive of his collection are the Lamborghini Aventador and the Mercedes Maybach S600.

Tattoos and Jewelry

Over the years, we’ve seen Bieber ink his body more and more. In an Instagram post, he revealed that he’d had over 100 hours of work done on his body. Similarly, his jewelry is always top-notch and reflects the best that money can buy.

Parents

Bieber’s parents also get a decent chunk of his earnings every month, and it’s rumored that Bieber spends a good deal of money improving his parent’s quality of life by allotting money to them every month. Bieber hasn’t confirmed how much he spends on his parents, but it’s believed that he gives them a gift of up to $50,000 a month.

Charity

Perhaps the most wholesome part of Bieber’s success story is the money he spends on charity. Since the age of 17, Bieber has made significant contributions to charities worldwide, performed at benefit concerts, and donated portions of the proceeds from his albums to hospitals and charities.

For example, the Children’s Miracle Network Hospitals have benefitted from Bieber’s $500,000 charity donation. Over the years, he has supported over 28 charities and organizations for change.

Justin Bieber Net Worth – From Prodigy to Superstar

Megastar Justin Bieber has been in the limelight since he was picked up by recording producer Scooter Braun in 2008. Though there was a time when he struggled with fame and the transition to adult life, he avoided the curse many other childhood celebrities succumbed to. He continues to make music and collaborate with other artists, earning him millions in revenue from his tours, endorsements, and social media.

He enjoys dropping money on houses and cars but also puts much of his wealth into his personal appearance. Best of all, he spends his money to help struggling people, sponsoring and supporting charities.