Justin Bieber is worth $265 million, according to Celebrity Net Worth.
He primarily makes his money from his tours but also through endorsement deals.
His music and his successful documentary also contribute to his wealth.
Justin Bieber has been famous for nearly a decade.
Though the singer has had his trouble in the past, his seemingly new good guy image, desire to live a purpose-filled life, and engagement (and possible marriage) to 21-year-old model and host Hailey Baldwin prove that he’s not the same kid that was looking to make “One Less Lonely Girl” back in 2009.
With reports saying that Bieber gave Baldwin a massive $600,000 engagement ring, it made us think: how much money is the beloved pop star actually worth? Since he’s been in the industry since his pre-teens, it’s no secret that the former Forbes list topper has raked in some pretty impressive checks year after year.
Justin Bieber is worth more than you probably think
Celebrity Net Worth estimates that the 24-year-old entertainer is worth $265 million and brings in $80 million per year. Of course, you’re aware of his contribution to the music world, but have you ever wondered where the rest of his millions comes from?
The tours are a huge portion of his millions
To date, the “Baby” singer has been on three world tours and yes, they’ve all done exceptionally well. His first tour, My World — which ran from 2010 to 2011 — grossed $53.3 million, according to Forbes.
The Believe tour (2012-2013) supported his third album by the same name and raked in $69.9 million.
His last and most current tour, The Purpose World Tour, backed his fourth studio album (“Purpose”) and through all of its dates, garnered over $250 million, according to Billboard.
He made extra money from his documentaries
Whether you went to the theater to see Bieber grace the big screen in both 2011 and 2013 or chose to miss the droves of teenagers take over, each project brought in a good amount for the entertainer.
With 2011’s ‘Never Say Never’ documentary becoming the most successful concert film of all time domestically, the then record-breaking 17-year-old may have been expected to perform similarly with his 2013 sequel. It didn’t, according to Billboard, but that doesn’t mean he didn’t see a good payout all the same.
He’s had more endorsements than you probably know about
According to WWD, his 2016 endorsement deal with Calvin Klein gave the brand a boost in sales and numbers in social media followings. But before that, Bieber was raking in some pretty large endorsement deals, too.
In 2010, he struck a deal with Proactiv and the next year, had a successful collaboration with Nicole by OPI.
He’s also released four fragrances for men and women in which his debut fragrance, Someday, broke records for Macy’s by becoming the best-selling celebrity fragrance ever and the best-selling new women’s fragrance of any kind purchased in …read more
Source:: Business Insider