ESTIMATED NET WORTH
$ 291.2 Million
ESTIMATED INCOME 2020
$ 80 Million
How much money does Justin Bieber have?
Justin Bieber was hardly out of his infancy when he was already living a dream. Loved by teenagers, Canadian pop star Justin Bieber enchants. The young talent routinely plays on the keyboard of Web 2.0 and is a prime example of successful online marketing. Justin Bieber now has an estimated net worth of $ 290 million. In autumn 2018, Biebs and his fiancee, Hailey Baldwin officially got married. It remains to be seen whether there was a marriage contract to protect the singer’s assets. A possible divorce could otherwise be very expensive. The couple lives in a $9.5 million mansion in Beverly Hills. Let’s have a look at Justin Bieber’s Net Worth.
Childhood And Youth
Justin Bieber, whose paternal grandfather was German, was born on March 1st, 1994 in London in the Canadian province of Ontario. However, his unmarried parents Jeremy Jack Bieber and Patricia Mallette separated before he was 1. His mother raised her son alone with the support of her parents. Justin Bieber received bilingual schooling (French and English). In addition to ice hockey, his early love was music. Both Music stars like Michael Jackson and heavy metal bands like Guns N ‘Roses and Metallica played a role. He even taught himself several instruments through self-study like guitar, drums, piano, and trumpet.
Since 2007, Justin Bieber took part in various singing competitions and was filmed by his mother. To share this with family members, she then posted the videos online on YouTube. The music manager Scooter Braun discovered the videos by chance and recognized the potential of the 13-year-old. The first demo recordings followed, the acquaintance with the R&B singer Usher and a contract with the Raymond Braun Media Group (RBMG). In October 2008 a contract was signed with the label Island Records. In the same year, his mother moved to Atlanta with Justin to advance his career. It is safe to say that there is hardly any monetary contribution from his grandfather or his father in Justin Bieber Net worth.
The Musical Career
Justin Bieber’s first single was released in 2009, named One Time. It brought international chart successes and also secured the young star a lot of attention. In November the EP My World was released, followed a year later by the debut album My World 2.0. On the world tour started in 2010, Justin Bieber performed 77 concerts in the USA and Canada, further appearances in Europe followed in spring 2011. It contributed greatly to Justin Bieber Net worth. Subsequently, in the summer of the same year, Justin Bieber was already one of the most sought-after celebrities on the Internet.
In the meantime, the musician released his 3rd album Believe, as well as received numerous international nominations and awards. At the same time, the childlike image was given up to give way to that of the young man, who occasionally makes a name for himself with scandal messages. Bieber gradually began to market itself outside of the music business. His opportunistic deal was a contract as a lingerie model for Calvin Klein which helped him change his image from a teenager to a young man.
Justin Bieber’s Income
Justin Bieber’s age and popularity grew and so did the pop star’s income. In 2011, the business magazine Forbes ranked Bieber in 17th place among the highest-paid celebrities under the age of 30. At that time, Justin’s announced income was $ 53 million (between May 2010 and May 2011). The worldwide sales of his concert film Never say never contributed $ 100 million. Performances around the globe earned a fee of $ 600,000 per performance. In 2014 Justin Bieber ranked 33rd on the Forbes list of 100 top celebrities and was named with an annual income of $ 80 million. In 2016, the singer had revenues of $ 56 million. In 2019, his annual income increased to $89.6 Million. This explains Justin Bieber’s gigantic fortune. Today Justin Bieber’s Net worth is $ 291.2 Million.
Justin Bieber has invested around $3 million of his assets in start-ups in recent years. Personal preferences play a major role in this because the money he invested in these startups is a very small amount compared to Justin Bieber’s Net worth. It is therefore not surprising that the companies in question all belong to the digital entertainment and communication industry. It is not just about the sums invested. Above all, the enormous popularity of the musician on the Internet is a welcome investment. Bieber’s investment in startups include $ 1.5 million in Tinychat, $ 1.1 million in Shots, Investments in Sojo studios and Spotify.
Justin Bieber Real Estate And Cars
If you consider Justin Bieber’s Net worth, he can buy any car he wants. The young singer likes to treat himself to something special now and then. For example, for his 18th birthday, he gave himself a present by buying a villa in Los Angeles for $ 10.6 million. His apartment in New York cost him $ 1.8 million which is relatively cheap. Sports cars are the second love of Justin Bieber and he has an impressive collection. Among other things, he owns a Ferrari 430 and a Lamborghini Gallardo. He also owns a Porsche Turbo 997.
The Social Media Star
Understandably, the popularity on the internet plays an important role for the YouTube star Justin Bieber. The indicator for this is his profile on various social networks and millions of followers on each one of them.
The Justin Bieber channel of the VEVO platform on Youtube, which is run by Sony, UMG and Google, has 33 million subscribers. It thus occupies a respectable place on a list of the 100 YouTube channels with the most subscribers. The Bieber-owned channel ‘Kidrauhl’, on which his mother started to put her son’s first singing videos online, has more than 48 million subscribers. It also contributes to Justin Bieber’s Net worth making him one of the richest YouTubers.
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Twitter, Facebook, and Instagram
Justin Bieber has a total of 104 million followers under his account @justinbieber. Bieber’s Facebook page also is amongst the 100 most popular Facebook Pages with more than 76 million Likes. Bieber is also very high in popularity on Instagram. Almost 100 million follow him on the photo and video sharing app. It only shows that Justin Bieber knows how to market himself online.