Justin Bieber’s serious financial matches came straight forward.

Per. New TMZ Documentary, The Baby Hitmaker sold his song catalog, nearly 300-song collection, to Hipgnosis Songs Capital for $ 200 million.

The documentary entitled, TMZ is investigating: What happened to Justin Bieber? claims that the singer was on the brink of a “financial collapse.”

Harvey Levin, The TMZ Executive producer claims that Delicious Singer has generated about $ 500 million to $ 1 billion throughout his career, but ultimately “had to” sell his music catalog because he was crushed, “after canceling his Justice World Tour In 2022.

“I was on a call with more people – Justin’s side recognizes that by 2022 he was on the verge of … the words were ‘financial collapse.’ And that’s why he had to sell his catalog, “Levin said in the documentary.

He also claimed that when Justin’s then manager, Scooter Braun, got to know the sale, he urged the artist to wait until January 2024 for his sale to get a tax cut.

In the course of this, Levin reported “Justin said, ‘I’ll be selling it now.’ And he sold it in December.

It remains unclear how Justin Bieber used the reported 200 million, with one TMZ Employee claims he spent $ 2 million on renovating one of his eight buses of Justice World TourThere are flying in expensive jets and paying cash for many luxurious mansions.