October 24, 2024, updated at 9:13 am ET
Justin Bieber would launch a legal campaign against his former company managers after accusing them of mismanaging his money.
RadarOnline.com can reveal that the Canadian singer, 30, believes he has lost out on fortunes due to erratic decisions by his managers and now he wants to get back what he is owed.
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Sources said TMZ the star is considering filing a lawsuit against the alleged offenders, which has divided the members of his current team as some don’t want him to press charges while others do.
Many of its representatives believe Bieber squandered the money on his own extensive expenses, which could explain the holes in his account.
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Bieber is worth $300 million, but clearly feels there is an opportunity to replenish his fortune.
He made $200 million by selling his music catalog to Hipgnosis Songs Capital in January 2023.
The deal included shares of Bieber’s publishing and recorded music catalogue, interest in his publishing copyrights, master recordings and neighboring rights to his entire back catalogue.
Hipgnosis purchases song catalogs from artists and earns revenue when their music is streamed online or used in films or advertisements.
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Bieber parted ways with his manager Lou Taylor earlier this year and replaced her with Edward White, who also works with him Johnny Depp.
The former teen star has had fans concerned lately due to his skinny appearance.
He took an extended break from social media in the wake Sean “Diddy” Combs arrest for sex trafficking, which led to his relationship with his former music mogul being heavily scrutinized.
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RadarOnline.com told how Bieber fears that dirty details about his previous contacts with the accused sex fanatic could soon come to light.
A friend said: “He has been clear very concerned about this Diddy situation because it drags him into the headlines in a very lurid and disturbing way.
“That man barely eats, you just have to look at him to see that.”
As more details emerge, it gets thinner and thinner Baby singer clings to his wife, Hailey Baldwin27, and their newborn sonJack Blues Bieber.
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Justin was just 13 in 2008 when he was signed as a manager Scooter Braun And Ushers music label.
Through Usher he met Diddy, now 54, and became the rap impresario’s protégé.
After the music mogul was arrested on September 16 on charges of sex trafficking, extortion and kidnapping, a video has surfaced again of one then 15 years old Justin spends “48 hours with Diddy.”
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In it, so-called “Freak Off” mastermind Diddy alarmingly bragged, “Where we hang out and what we do, we can’t really reveal, but it’s definitely a 15-year-old’s dream.”
With Hailey’s help, the former child star is desperately trying to ignore the rumors and instead focus on the joys of first-time fatherhood, friends say.
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A source said: “Hailey’s fiercely committed for him and their marriage, but it’s not an easy time for him right now and she’s his support system, so the pressure on her is on.
“She is grateful that Justin helps so much with little Jack. She’s the first to say what a great father he is, but it’s all the other things going on in his life right now that are weighing on him and she can’t help worrying about them. It’s going to break him.”