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Bieber potentially suing business managers over mismanaged funds


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Posted

Sources with direct knowledge tell TMZ ... Justin's been very upset for several years, claiming he's lost a ton of money as a result of terrible decisions made by business managers -- we don't know how many managers, but we do know it's more than one.
 

It's unclear just how much Justin thinks has been squandered -- other than it's a huge amount -- but our sources say he's discussing the possibility of filing a lawsuit against the alleged offenders. We're told his current team is split -- some members want him to sue, but others don't.
 

We're told the argument against suing is that Justin went through a period where he was spending wildly. Translation -- he caused his own problem.

 

Justin is not struggling financially ... he sold his music catalog in January, 2023 for $200 million, and before the sale, our sources say his net worth was around $100 million.

 

We're told no decision has been made as to whether Justin will file suit ... discussions are ongoing.

 

Source: https://amp.tmz.com/2024/10/23/justin-bieber-feels-business-managers-squandered-money-considering-lawsuit/

 

TLDR: Another pending for Tri Star, and more specifically, Lou Taylor :gaycat2:

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Posted

How long until Lou Taylor's take down? I feel like she keeps getting away with it. She should be in jail already. 

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Posted

 

 

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Posted

Oh I wanted it to be Scooter, but ok.

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Posted

Will it actually be taken seriously this time?? :biblio:

Posted

******* better have his money! 

Posted

They stealing from your husband sis @Cheers

Posted

Tale old as time, industry people surround themselves with child stars because it's easy to empty their bank account, the parents let them do it too.

 

He should sue, not even make it about the money, just to out the people who think they can get away with anything. 

  • Like 4
Posted
38 minutes ago, Blue. said:

Oh I wanted it to be Scooter, but ok.

they stated is more than one person

Posted

Not the first and won't be the last. When will these shady business leaders get a life? 

Posted

Well well well.. Lou Taylor again. :ace:

Posted

not lou taylor old ass involved somehow too :rip: someone put this wretched hag in prison already 

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Posted (edited)

I don't think that's about Lou Taylor, he was with her for only some months and the text says "for several years" and also the time he was over spending like they say on the text was when he was younger. I think that's more likely about Scooter and Co. or his former accountant. Also, when he sold his catalog he was still with Scooter

Edited by lauren198
Posted

How is it possible that Justin's networth is less than Harry's? If his networth was about 100M prior to the sale, considering he would only see a percentage of those $200M, then he's probably at $150/200M total. Harry's net worth was £175 million ($227M) last year and Harry owns his masters and full catalogue, plus his percentage off 1D.

 

I'm putting this in perspective to how much money Justin was robbed off. Justin's career was always bigger than 1D's, though 1D did make a lot from touring. He started earlier, and he's been solo this whole time while they had to split everything 5 ways. And it's not like Justin hasn't made money recently, he did tour a little bit and he has big hits and sponsorships, plus he owns his brand, which afaik does pretty well, doesn't it?

 

Even if he was spending recklessly, it's simply not possible. He should be well above double what Harry is right now, not slightly below without even owning his own catalogue.

 

Is this truly Lou Taylor's doing? How can she get away with f*cking over so many powerful people?

Posted

how this old hag never had her head chopped off?

Posted
1 hour ago, Selegend said:

 

 

Embarassing 

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Posted (edited)

Lou Taylor is involved in every single scam that happened within the music industry. It baffles me how this devil still isn't in jail.

Edited by Erreur2 La Nature
Posted

What kind of business endeavors ruined him I wonder 

Posted

Lou behind so much stuff :skull: imagine how deep her roots run

 

she really hit a goldmine for her scams with Britney

damn her stupid father

Posted

Its so insane how all of these A-list celebrities continue to work with Lou Taylor. She was a literal nobody before James Spears hired her. 

Posted

I hope he's careful. Money hungry people will do anything to maintain control. 

Posted (edited)
6 hours ago, James_Dean said:

Will it actually be taken seriously this time?? :biblio:

Well some would say yes all things considered…

 

That said, what they mean squandered fortune. I know Bieber ain't broke now.

Wtf:psyduck:

Edited by slw84
Posted
4 hours ago, lauren198 said:

I don't think that's about Lou Taylor, he was with her for only some months and the text says "for several years" and also the time he was over spending like they say on the text was when he was younger. I think that's more likely about Scooter and Co. or his former accountant. Also, when he sold his catalog he was still with Scooter

Ok. But how did they snatch his coins though?

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