Justin Bieber Breaks Silence on $20M Debt Rumours After Tour Cancellation

Justin Bieber Breaks Silence on $20M Debt Rumours After Tour Cancellation

Written by: Malik

Whispers began circulating online this week suggesting Justin Bieber had plunged into financial turmoil rumours that snowballed after a high profile report claimed he owed millions following the abrupt cancellation of his 2023 world tour.

But now, the global pop sensation has broken his silence through his team, slamming the speculation as baseless and โ€œill-informed.โ€

And with his estimated net worth still sitting comfortably in the hundreds of millions, Bieber is making it crystal clearโ€”heโ€™s not broke, and heโ€™s not backing down.

The controversy stems from a Hollywood Reporter article published April 16, alleging that Bieber was facing a โ€œfinancial crisisโ€ after pulling the plug on his Justice World Tour.

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The tour, originally scheduled to begin in 2020, had already endured multiple delaysโ€”first due to the COVID-19 pandemic and later because of Bieberโ€™s health struggles, including a diagnosis of Ramsay Hunt syndrome, which led to partial facial paralysis.

According to unnamed insiders quoted in the article, the cancellation triggered a financial domino effect.

The report claimed Bieber had received a $40 million advance from tour promoter AEG and now allegedly owed a $20 million debt after failing to complete the tourโ€™s remaining dates.

It also alleged that over 100 crew members were laid off and that Bieberโ€™s manager at the time stepped in to cover the alleged shortfall through a personal loan, a sum that had not yet been fully repaid.

But the โ€œPeachesโ€ singerโ€™s team wasted no time in striking back.

In a fiery statement issued to Us Weekly, Bieberโ€™s reps dismissed the report outright, calling it

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โ€œclickbait stupidity based on unnamedโ€”and clearly ill-informedโ€”โ€˜sources,โ€™ disappointed that they no longer work with Justin.โ€

They continued:

โ€œAny source that is trying to sell you a story about alleged financial distress either doesnโ€™t understand the entertainment industry or, more likely, is trying to paint an unflattering portrait of Justin, which bears no resemblance to reality.โ€

The same message was echoed in a second statement provided directly to The Hollywood Reporter, where his camp doubled down:

โ€œAs Justin forges his own way forward, these unnecessary stories and inaccurate assumptions will continue. But they wonโ€™t deter him from staying committed to following the right path.โ€

Amid the speculation, fans have raised questions about Bieberโ€™s current health and personal life, especially after months of online chatter about his appearance, alleged imposter syndrome, and even unfollowing his wife Hailey on Instagram.

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The couple, who welcomed their son Jack Blues in 2024, have also been the subject of split rumoursโ€”though recent outings suggest theyโ€™re still going strong.

Adding another twist to the financial rumors was the resurfacing of Bieberโ€™s $200 million music catalog sale to Hipgnosis Songs Capital in 2023.

The deal, touted as one of the companyโ€™s biggest to date, was reportedly brokered by his former manager Scooter Braun and was believed to be a strategic move to ensure Bieberโ€™s long term financial stability.

Still, the online frenzy sparked by the report seems unlikely to slow anytime soon.

But for now, Bieberโ€™s response is clear: heโ€™s focused on his health, future projects, and family lifeโ€”and heโ€™s not about to let misleading narratives define his legacy.

Featured Image Credit: (@GC Images)

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Malik
Malik is a content editor at Trending that who specializes in entertainment, celebrity, music, and viral news. With a passion for pop culture and storytelling, he delivers fresh takes on trending topics that keep readers coming back.