Justin Bieber Net Worth 2021: Is Justin a Billionaire?

Justin Bieber is certainly one of the most famous singers and celebrities in the 21st century. This blog post on Justin Bieber net worth will answer all the questions you have, from where he got started, how he makes so much money, and more!

Justin Bieber net worth in 2021 is estimated to be an impressive $285 million. He is a Canadian pop singer who has sold over 150 million records worldwide after being discovered on YouTube in 2007. Given his incredible success, I thought it would be worthwhile to write a post on the net worth of this famous Canadian performer. I will detail how he got started, how he can make so much money, where he is now, and what lessons we can learn from his path to wealth!

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Justin Bieber net worth: Basic stats

Here is a summary of Justin Bieber’s basic stats:

  • Full Name: Justin Drew Bieber
  • Birthday: March 1, 1994
  • Famous for: singing and performing
  • Wife: Hailey Baldwin 
  • Source of wealth: his career as a singer, performer, and endorsements

Justin Bieber net worth: Early life and personal life

Bieber was born on March 1, 1994, at St Joseph’s Hospital in London, Ontario, and was raised in Stratford, Ontario. Stratford is known for its Stratford Festival, where Shakespearean plays are performed in multiple theatres in the city.

Justin Bieber is the son of Jeremy Jack Bieber and Pattie Mallette. They were never married. Mallette’s mother Diane and stepfather Bruce helped her raise her son. Bieber’s ancestry includes French-Canadian, Irish, English, Scottish, and German.

Justin Bieber has many half-siblings. Through his father, Jeremy, Bieber has three younger half-siblings. Jeremy and his ex-wife, Erin Wagner, who broke up in 2014 after seven years together, have two children, daughter Jazmyn and son Jaxon. Jeremy married his girlfriend Chelsey in February 2018, and they have a daughter named Bay. Bieber also has a stepsister named Allie, the daughter of his stepmother.

Pattie Mallette worked a series of low-paying office jobs, raising Bieber as a single mother in low-income housing.

Growing up, Justin Bieber learned to play the piano, drums, guitar, and trumpet. He graduated from the St. Michale Catholic Secondary School in 2012 in Stratford, Ontario.

In early 2007, aged 12, Bieber sang Ne-Yo’s “So Sick” for a local singing competition in Stratford and was placed second. Bieber’s mom posted a video of the performance on YouTube for their family and friends to see. She continued to upload videos of Bieber singing covers of various R&B songs, and Bieber’s popularity on the site grew. In the same year, Bieber busked shows in front of Avon Theatre steps with a rented guitar during tourism season.

Justin Bieber net worth: Career and path to riches

Discovery

His YouTube videos quickly drew attention, and in 2007, he was discovered on YouTube by manager Scott “Scooter” Braun, a former So So Def marketing executive. Braun then introduced Bieber to Usher. The meeting with Usher led to an audition. Bieber was soon signed to their Raymond Braun Media Group, a joint venture between Braun and Usher. In October 2008, he landed a recording contract by Island Def Jam chairman Antonio “L.A.” Reid. Bieber then moved to Atlanta with his mother to pursue further work with Braun and Usher. Braun became Bieber’s manager in 2008.

Rise to Stardom

Bieber’s first single, “One Time“, was released to radio while Bieber was still recording his debut album. The song reached number 12 on the Canadian Hot 100 during its first week of release in July 2009 and peaked at number 17 on the Billboard Hot 100 chart in the United States. 

Bieber performed Ron Miller and Bryan Wells’s “Someday at Christmas” for former US President Barack Obama and first lady Michelle Obama at the White House in December 2009.

In January 2010, “Baby” was released from his debut album My World 2.0. The song featured Ludacris, and became an international hit. Bieber has since released numerous songs, winning him ample accolades and fans around the world.

Achievements

So far, Justin Bieber has released 6 studio albums:

  • My World 2.0 (2010)
  • Under the Mistletoe (2011)
  • Believe (2012)
  • Purpose (2015)
  • Changes (2020)
  • Justice (2021)

Throughout his career, Bieber has sold an estimated 150 million records worldwide as of 2019, making him one of the world’s best-selling music artists. 

On November 23, 2012, Bieber was presented with the Queen Elizabeth II Diamond Jubilee Medal by the Prime Minister of Canada, Stephen Harper. Bieber has earned 14 Grammy nominations (including two wins), two Brit Awards, 21 Billboard Music Awards, and numerous fan-voted accolades which include 18 American Music Awards and 23 Teen Choice Awards.

As of 2021, Bieber has set 32 Guinness World Records. These records included the most streamed track on Spotify in one week, the most streamed album on Spotify in one week, the most simultaneous tracks and most simultaneous new entries on the US Billboard Hot 100 by a solo artist, the first act to occupy all top three positions simultaneously on the UK Singles Chart, the most followers on Twitter by a male, the most viewed music channel on YouTube by an individual, and the most subscribers on YouTube for a musician by a male.

Bieber was included among the top ten in The Highest-Paid Celebrities Under 30 annual list in the world by Forbes magazine. He has been listed six times in 2011, 2012, 2013, 2014, 2016 and 2017.

Justin Bieber net worth: His source of wealth

As you can see, Justin Bieber is an accomplished singer and performer. Below are his main sources of earnings.

His career as a musician

Justin Bieber is one of the top-earning musicians. His main source of income is, of course, related to his career as a musician. He earns from tour shows, music downloads and sales, and merchandise. It is estimated that he earns between 50 and 70 million every year from music-related ventures.

Endorsement deals

As a popular artist, Bieber has been able to land lucrative endorsements from various brands throughout the years. His business partners include Walmart, Adidas, Calvin Klein and Proactive.

Other related business ventures

Fragrances

He has also released several fragrances, including “Someday” (2011), “Girlfriend” (2012), and “Justin Bieber Collector’s Edition” (2014).

Justimoji keyboard app

In addition to releasing fragrances, Justin Bieber also has launched an official justmoji keyboard app that allows your device access to hundreds of exclusive high-quality, premium stickers, gifs and expressions. This app allows his fans to communicate with their contacts and decorate their conversations using all-new Justin Bieber emojis.

Drew house streetwear

Finally, Justin Bieber has also launched his own streetwear label “drew house“. The singer has been consistently sporting his smiley face-logo’d gear on the streets.

Real estate investments

Since becoming a household name, Justin Bieber has invested heavily in real estate.

In 2012, an 18-year-old Justin paid $6.5 million for a home in the exclusive Calabasas gated community called The Oaks. Justin sold the home in 2014 for $7.2 million to Khloe Kardashian.

In March 2019, Justin paid $8.5 million for a Beverly Hills mansion.

In August 2020, Justin paid $28.5 million for a new home in Beverly Hills. The estate covers 2.5-acres and has an 11,000 square-foot mansion.

Other investments

According to Yahoo! Finance, Bieber also invested in Spotify’s IPO back in 2018.

Justin Bieber’s net worth trajectory

Here’s an approximate trajectory of how Justin Bieber’s net worth has grown over the years

  • 2010: $500,000
  • 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 – present: $285 million

So, is Justin a billionaire?

Not yet, but he’s much closer to being a billionaire than me!

Justin Bieber net worth: Lessons learned from his path to wealth

With numerous accolades on hand, Justin Bieber is certainly one of the most well-known singers of our time. Although we may not necessarily be able to replicate his success, we can still learn a lot from his story.

Here are a few key lessons we can learn from Justin Bieber’s path to wealth:

Let your talent shine

It is quite obvious that Justin Bieber is a talented musician. He already started drumming when he was only 2 years old!

If you try something and notice that you are good at it, whether it is singing, debating, or writing, then keep at it.

Be committed

Of course, having raw talent is just one step of the process. Without commitment, he wouldn’t have been as successful as he is today.

Diversify

Although the majority of his earnings are related to his career as a musician, Justin Bieber has also branched out and tried many other things, including releasing fragrances, apps, creating his own clothing line, and even investing in Spotify. These efforts will ensure that Justin has numerous income streams, and doesn’t have to rely on any particular one should something happen.

If you have your regular job as your main source of income, you may want to consider diversifying your income sources as well. Here are some easy options that you can try to have a plan of your own:

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Favourite quotes and lines from Justin Bieber

Here are some of my favourite quotes and lines from Justin Bieber

What do you get when you give a teenager $200 million? A bunch of has-beens calling you a lesbian for two hours.

Justin Bieber

I’m looking forward to influencing others in a positive way. My message is you can do anything if you just put your mind to it.

Justin Bieber

Summary: Justin Bieber net worth and lessons learned

Justin Bieber net worth in 2021 is estimated to be at $285 million. He amassed his riches primarily through his successful career as a musician. He has also earned significant amounts through endorsement deals and investments.

I hope you have all learned a thing or two from his story. Although we may not necessarily become the next Justin Bieber, these principles are applicable for us all:

  • Let your talent shine
  • Be committed
  • Diversify

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