Net Worth Ranker
What Is Justin Bieber’s Net Worth?
As of 2023, Justin Bieber’s net worth is estimated to be $300 million. This substantial wealth is the result of a highly successful career as a pop singer, driven by record sales exceeding 150 million worldwide, lucrative global tours, and strategic business ventures. In touring years, Justin is one of the highest-paid entertainers on the planet, easily bringing in $60-80 million personally from all income sources. In December 2022, Justin inked a deal to sell his music catalog rights for $200 million.
Early Life and Career Beginnings
Justin Bieber was born on March 1, 1994, in London, Ontario. His mother, who was underage at the time of his birth, raised him with the support of his maternal grandmother and step-grandfather. Growing up, he honed his musical talents, learning to play the piano, drums, guitar, and trumpet. He later graduated from St. Michael Catholic Secondary School in Stratford, Ontario, in 2012. In early 2007, at the age of 12, Bieber sang Ne-Yo’s “So Sick” in a local Stratford singing competition, placing second. His mother posted a video of the performance on YouTube so friends and relatives could see it and continued to upload Bieber singing covers of songs.
His breakthrough came unexpectedly when Scooter Braun, a former marketing executive, stumbled upon Bieber’s YouTube videos in 2007 while searching for another singer. Impressed by Bieber’s talent, Braun contacted him and convinced his mother to allow him to take Bieber to Atlanta to record demo tapes. Within a week of arriving in Atlanta, Bieber was singing for R&B star Usher. He was subsequently signed to Raymond Braun Media Group (RBMG), a joint venture between Braun and Usher, who facilitated his audition for The Island Def Jam Music Group. In October 2008, Bieber signed with Island Records and relocated to Atlanta with his mother to work closely with Braun and Usher. Braun officially became Bieber’s manager in 2008.
Music Career and Album Sales
In 2010, Bieber released his debut album, “My World,” in two parts: “My World” and “My World 2.0”. His promotional efforts included performances on prominent live shows such as “The Today Show,” “The Wendy Williams Show,” “Good Morning America,” and “The Ellen DeGeneres Show.” Within two months of its release, “My World” surpassed one million albums sold in the United States and has since been certified 5x platinum by the RIAA. “My World” was the first debut album to have four singles (“One Time,” “One Less Lonely Girl,” “Love Me,” and “Favorite Girl”) on the Billboard Top 40 prior to the album’s release.
“My World 2.0” debuted at number one on the U.S. Billboard 200, selling 698,000 copies in its first three weeks. This achievement made Bieber the youngest solo male act to top the chart since Stevie Wonder in 1963. The single “Baby,” featuring rapper Ludacris, became his best-selling single, selling over 15 million copies worldwide. His second album, “Under the Mistletoe,” a collection of Christmas songs, sold 2 million copies. His third album, “Believe,” released in 2012, sold 3 million copies worldwide. As his career progressed, Bieber’s 3D concert film “Justin Bieber: Never Say Never” was released in February 2011, topping the box office with an estimated gross of $12.4 million on its opening day from 3,105 theaters and grossing over $98 million worldwide. Along with the film, he released the album “Never Say Never – The Remixes” in February 2011.
In June 2011, Forbes ranked him second on their list of Best-Paid Celebrities under 30, with earnings of $53 million over a 12-month period. His Christmas album “Under the Mistletoe” was released in October 2011 to great success, followed by “Believe” in June 2012 and “Believe Acoustic” in January 2013. A sequel to his first film, “Justin Bieber’s Believe,” directed by Jon M. Chu, was released in December 2013. His February 2015 song “Where Are Ü Now” won a Grammy Award in 2016 for Best Dance Recording. Bieber earned a Guinness World Record as the youngest male artist to debut at the top of the Billboard Hot 100 chart with his single “What Do You Mean” from his album “Purpose” in November 2015. His album “Changes,” was released on February 14, 2020. Bieber released his sixth studio album, “Justice,” in 2021, marking a return to his pop roots. The album made him the youngest solo artist to have eight US number-one albums, passing Elvis Presley. In January 2022, he set the then-record for most monthly listeners in Spotify history at 94.68 million.
Other notable singles and collaborations include “Cold Water” (2016) with Major Lazer and MØ, “Déjà vu” (2016) with Post Malone, “Despacito” (2017) with Luis Fonsi and Daddy Yankee, “I’m the One” (2017) with Quavo, Chance the Rapper, Lil Wayne, and DJ Khaled, “Bad Guy” (2019) with Billie Eilish, and “Up at Night” by Kehlani. The music video for “Baby” has amassed over 2.9 billion views on YouTube. His music video for the song “Sorry” has more than 3.6 billion views. He has over 71 million subscribers on YouTube.
Catalog Sale
In December 2022, Justin Bieber was on the verge of finalizing a $200 million deal to sell his music catalog rights to Hipgnosis, a publicly traded music investment company. This agreement grants Hipgnosis the rights to all future earnings generated from Justin Bieber’s songwriting credits and royalty streams. This acquisition marked Hipgnosis’ largest catalog purchase to date, surpassing their earlier acquisition of Justin Timberlake’s catalog in 2022. The deal, officially confirmed in January 2023, did not include Bieber’s master recordings and various other copyrights, which remain under the ownership of his record company, Universal Music Group.
Business Ventures and Endorsements
Bieber’s fame has allowed him to pursue numerous lucrative business partnerships with various companies, including Proactiv, Nicole by OPI, Walmart, Adidas, Calvin Klein, and Schmidt’s Naturals. He has also launched several fragrances, including “Someday” (2011), “Girlfriend” (2012), and “Justin Bieber Collector’s Edition” (2014). In 2019, he introduced his own clothing brand called Drew House, and in 2020, he collaborated with Crocs on a limited edition of the brand’s footwear called Crocs x Justin Bieber. He has also partnered with Tim Hortons and Vespa. In December 2022, Bieber launched a clean water technology company called Generosity. However, in 2023, it was reported that Justin Bieber was down $1.24 million on his Bored Ape NFT investment from a year and a half ago.
Net Worth Over Time
Our tracking of Justin Bieber’s net worth began in February 2010, at which point it was estimated to be $500,000. This was before the immense success of “Baby,” which propelled him to household name status. By the end of 2010, Justin’s net worth exceeded $5 million. Between 2010 and 2011, Justin’s net worth experienced rapid growth. On January 29, 2012, his net worth was updated to $40 million. From this point forward, Justin began earning between $50 million and $70 million annually from music sales, merchandise, product endorsements, touring, and various other business ventures. After hovering around $170 million to $180 million for some time, Justin’s net worth officially surpassed $200 million in July 2014.
- 2010: $500 thousand
- 2011: $5 million
- 2012: $40 million
- 2013: $100 million
- 2014: $200 million
- 2015: $210 million
- 2016: $240 million
- 2017: $250 million
- 2018: $265 million
- 2019: $270 million
- 2020: $280 million
- 2021: $285 million
- 2022: $290 million
- 2023: $300 million
Real Estate Investments
In 2012, at the age of 18, Justin Bieber purchased a home for $6.5 million in the exclusive gated community of The Oaks in Calabasas. This residence became the site of several disputes with neighbors, who frequently complained about loud parties and speeding through the residential streets. In 2014, a neighbor’s security cameras captured Justin throwing eggs at the house, resulting in thousands of dollars worth of damage. This incident led to his brief detention at his home while police executed a felony search warrant. After settling the controversy with an $80,000 payment, Justin sold the home in 2014 to Khloe Kardashian for $7.2 million.
For the next five years, Justin lived a nomadic lifestyle, renting various homes around the world. In 2019, he spent $100,000 per month renting a home in Toluca Lake, California. In March 2019, Justin purchased a Beverly Hills mansion for $8.5 million. It sold fully furnished in 2021 for $7.995 million. In August 2020, Justin paid $28.5 million for a new home in Beverly Hills. This new Beverly Hills home is located high up in the mountains of Beverly Hills, within an ultra-exclusive gated community called Beverly Park. Nearby neighbors include Denzel Washington, Eddie Murphy, Rod Stewart, and Sylvester Stallone. The estate covers 2.5 acres and has an 11,000-square-foot mansion. Justin and Hailey also own a lakeside home in Ontario worth $5 million.
