It appears that Justin Bieber‘s and Scooter Braun’s debt settlement has temporarily halted. Based on reports, the artist is currently depending on his wife, Hailey Bieber, to cover the funds owed to his previous business partner.
Reports suggest that the singer is holding out until his partner’s Rhode deal goes through and the money is deposited, at which point he plans to pay off all his outstanding debts.
On July 10th, news broke out that Justin Bieber had consented to pay Scott Braun $31 million USD following an assessment which suggested that the artist owed him a significant amount in millions.
Justin Bieber and Scooter Braun’s multimillion-dollar deal
Based on information from a reliable source about the singer known as SWAG’s crooner, Bieber took out a loan from Scooter Braun after he found himself in debt due to the cancellation of his 2022 Justice Tour, which resulted in a financial loss of approximately USD 26 million. According to reports, Bieber was also affected by Ramsay Hunt syndrome, causing him to cancel his performances.
During that period, Braun intervened and provided assistance by shelling out 26 million dollars via his corporation, HYBE. Additionally, it was disclosed that Scooter had accumulated more than 11 million dollars in unpaid commissions, with Justin being responsible for half of this amount.
In May, Hailey’s $1 billion agreement with cosmetics company e.l.f. enabled Justin Bieber to settle his debt with Scooter Braun.
On her Instagram page, the entrepreneur disclosed that she’d transferred ownership of her skincare line, Rhode, to e.l.f. In the post description, she expressed, “From the inception of @rhode in 2022, my aspirations for the brand were grand, and my utmost priority has been expanding rhode to more regions, environments, and individuals worldwide.
Prior to making her statement, it was disclosed by a confidant that the mother of one was solely responsible for providing income for their household. Subsequently, information about Justin Bieber’s financial situation emerged through a source who stated, “He spends approximately $300,000 at Nobu during Coachella, and he hasn’t held a job in quite some time.
Regarding the financial aspects of the musician, some information about this had been made publicly available a couple of months prior to the release of his latest album titled SWAG.
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2025-07-17 21:52