Net Worth: $300 Million
Justin Bieber’s net worth of $300 million has been earned through a combination of best-selling music, massive concert tours, endorsements, and other smart business decisions. Beiber is not only among the richest musicians in the world but also the youngest singer on our list to reach the $300 million net worth milestone.
Justin Bieber was discovered on YouTube by his former manager, Scoot Braun. Since being discovered in 2010, the singer’s net worth has grown at a furious pace. In fact, during just his first year in the business, Bieber saw his fortune grow from $500,000 to $5 million.
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ToggleJustin Bieber’s $200 Million Music Catalog Sale
In January 2023, it was confirmed that Justin Bieber had sold his extensive music catalog to the Blackstone-backed Hipgnosis for $200 million.
The publicly traded company has been buying up catalogs for years, and Bieber’s music was the company’s largest purchase at the time of the announcement.
While Bieber sold his rights, Universal Music Group owns the master recordings and some other copyrights that were not included in the deal.
Endorsement Deals And Business Ventures
Justin Beiber’s net worth has been further increased by his ability to attract a ton of endorsements, often from very well-known companies.
Celebrity Net Worth listed the following endorsements among his top deals:
- Proactive
- Nicole by OPI
- Walmart
- Adidas
- Calvin Klein,
- Schmidt’s Naturals
- Tim Hortons
- Vespa
Justin also worked with Crocs to release Crocs x Justin Bieber footwear.
Bieber has also gotten into the fragrance game, releasing “Someday” in 2011, “Girlfriend” in 2012, and “Justin Bieber Collector’s Edition in 2014. In total, Beiber has released seven fragrances, and his release for Macy’s in 2011 was the best-selling women’s fragrance of 2011, according to the New York Times.
In 2022, Bieber also ventured into the clear water technology sector with his company named Generosity.
Justin Bieber Has Made Millions With YouTube
Justin Bieber is one of the most subscribed musicians on YouTube, with 72.2 million followers and more than 29 billion views since 2007.
Bieber has used his status on the platform to build upon his massive net worth.
According to Variety, YouTube paid about $20 million for his 10-part documentary series “Justin Bieber: Seasons. That series was followed up with “Next Chapter.”
His 29 billion views have also likely provided Bieber with tens of millions in additional revenue.
Justin Bieber’s Concert Revenue
Justin Bieber has been touring for nearly 15 years, during which time his concerts have brought in hundreds of billions in revenue and merchandise sales.
Bieber’s four biggest tours have brought in more than $580 million.
Title | Dates | Associated album(s) | Continent(s) | Shows | Gross | Attendance |
---|---|---|---|---|---|---|
My World Tour | June 23, 2010 – October 20, 2011 | My WorldMy World 2.0 | Asia Europe Oceania North America South America | 127 | $53,300,000 | 808,271 |
Believe Tour | September 29, 2012 – December 8, 2013 | Believe | Africa Asia Europe Oceania North America South America | 155 | $210,000,000 | 1,694,897 |
Purpose World Tour | March 9, 2016 – July 2, 2017 | Purpose | Africa Asia Europe Oceania North America South America | 162 | $256,384,056 | 2,851,752 |
Justice World Tour | February 18, 2022 – September 4, 2022 | ChangesJustice | North America Europe South America | 49 | $89,107,888 | 636,861 |
Album Sales And Streaming Revenue
Justin Bieber’s net worth has certainly grown rapidly thanks to the millions of albums he’s sold and the billions of streams his songs have received on Spotify, Apple Music, and other streaming platforms.
During his career, Justin Bieber has sold more than 24 million albums and has racked up 120.5 million digital singles, according to the Recording Industry Association of America (RIAA). While his earnings have not been revealed for those sales, we can conservatively estimate that Beiber has earned at least $50 million from his sales. Artists typically earn between 10% and 20% of each sale after costs.
In terms of streaming revenue, Justin Bieber has made a lot of money just from Spotify alone. In March 2022, RouteNote estimated that Bieber had already earned $74.11 million from his streams. At the time of that estimate, Bieber had received 30,250,265,777 featured streams in which he was the lead artist on the track.
Between album sales, digital sales, and streaming, it’s very likely Justin Bieber has earned in the vicinity of $125 million and $150 million in total revenue from his music releases.
Justin Bieber’s Net Worth By Year
Justin Bieber is one of the richest musicians in the world, and looking at how his net worth has grown over the years showcases his ability to maintain a long and very profitable career. Keep in mind Justin Bieber’s net worth in 2023 is not only impressive but also belongs to a guy who is only 29 years old!
Year | Net Worth | |||
---|---|---|---|---|
2010 | $500 Thousand | |||
2011 | $5 million | |||
2012 | $40 million | |||
2013 | $100 million | |||
2014 | $200 million | |||
2015 | $210 million | |||
2016 | $240 million | |||
2017 | $250 million | |||
2018 | $265 million | |||
2019 | $270 million | |||
2020 | $280 million | |||
2021 | $285 million | |||
2022 | $290 million | |||
2023 | $300 million |