Love him or absolutely despise him, Justin Bieber is a multimillionaire and doesn’t care what you think. By the time he reached puberty, he was already a millionaire and in 2020 he is worth $285 million.
While most of his wealth is in the form of luxurious houses and cars, the star also has a lot of cash in the bank. In addition to this, he is also one of the highest-earning modern musicians whose ticket sales alone exceed most normal people’s annual income.
In fact, the ticket sales of his Purpose World Tour sold topped $256 million.
What Is Despacito Singer Justin Bieber’s Net Worth? What Are His Income Sources?
JB is worth $285 million as of February 2020 as per data from Celebritynetworth. However other sources have claimed that his fortune is even bigger at $305 million. Whatever the exact figure may be, the bottom line is that he is filthy rich.
Obviously, a huge chunk of his money comes from his music, but in addition to that, he also earns from his clothing line.
In fact, fans were outraged at the price set by his clothing line on some of his clothing items.
His clothing company Drew House, set prices for the cheapest item, a T-shirt at $48. The fact that his company sold his goods for such an expensive price outraged Beliebers all over the world.
Earns Millions Of Dollars From Tours And Concerts
Justin’s fans go absolutely bonkers to see him live and he earns multimillion dollars from his tours. The star first went on tour in 2010 with the My World Tour. The tour grossed over $53.3 million and established him as a must-see live act or pop fans.
Then in September 2012, J-Beebs went on the Believe tour which also generated massive revenue at $69.9 million. Finally, in 2016 he started his The Purpose World Tour which went on to generate more than $250 million in ticket sales alone.
Bieber is one of the highest-selling artists in the world whose records have been bought 105 million times in the USA. His earnings from record sales are given in the table below.
|2010||$195,000||My Worlds: The Collection|
|$253,500||My Worlds Acoustic|
|$5,460,000||My World 2.0|
|2011||$2,900,000||Under the Mistletoe|
|$1,404,000||Never Say Never: The Remixes|
|2019||$1,440,000||No.6 Collaborations Project|
He is all set to release his fifth album Changes which no doubt will break all the previous records. The album is releasing on 14th Feb, he delayed the release date following his struggles with Lyme disease.
What Kind Of Lifestyle Does Justin Bieber Live?
Every multimillionaire with a fortune crossing $200 million lives a lavish lifestyle but Beebs takes it to the next level.
The star has a lot of houses but his crib in Beverly Hills which he bought for $8.5 million and lives in with his wife Hailey Baldwin is one of the most extravagant.
Adding to this, he also has a $17.9 million home in West Hollywood. In a similar fashion, he also rented a Toluca Lake home in Canada for $100,000 a month.
He is also not shy to flaunt his car collection which costs a total of more than a couple million and contains the likes of a Batmobile, yeah, a Batmobile.
Similarly, some other vehicles he owns are the Ferrari F430, Ferrari 458 Italia, in addition to the list of the car below:
|Ferrari F430||$186,925 to $217,318|
|Ferrari 458 Italia||$112,122 to $422,042.|
|Fisker Karma (Gifted By Ellen)||$102,000|
|Land Rover Range Rover||$90,900|
|MV Agusta F3||$13,000|
|Porsche 997 Turbo||N/A|
|Campagna T-Rex 14R||$49,995|
|Ducati 848 Evo||$13,995|
Justin Bieber and Hailey got married on July 7, 2019, and he gave her an engagement ring that cost $600,000.