Celebrities
Justin Bieber hit with $380K bill for unpaid property taxes
Justin Bieber Faces $380K Tax Bill Amid Alleged Financial Troubles and Possible Legal Dispute with Ex-Managers.
Pop superstar Justin Bieber, 30, has been hit with a substantial $380,349 property tax bill for his $16.6 million Coachella Valley home. The recent tax issue reportedly comes as Bieber navigates potential financial concerns and considers legal action against his former business managers, whom he accuses of mishandling his fortune.
Bieber’s Coachella Valley Property Tax Woes
According to official records obtained by the US Sun, Bieber's substantial tax bill stems from his recently acquired luxury estate in California's Coachella Valley. Bieber purchased the property in January 2023, but recent statements reveal that he now owes over $380,000 in unpaid property taxes. Half of this payment was due on October 12, 2024, while the remaining balance is expected by April 10, 2025.
Despite the hefty tax obligation, Bieber and his representatives have yet to issue a public comment. For the singer, who has been a household name since his teen years and has accumulated an estimated net worth of $300 million, this latest bill may not seem insurmountable. However, insiders claim this is only one part of broader financial issues currently plaguing the Grammy-winning artist.
Legal Dispute Over Alleged Financial Mismanagement
Alongside the tax bill, Bieber is reportedly considering a lawsuit against his former financial managers, who he alleges may have mismanaged his assets. Sources close to the star told TMZ that Bieber suspects his former business team, including Lou Taylor’s Tri Star Sports and Entertainment Group, may be responsible for financial missteps that have impacted his wealth. Taylor and her firm represented Bieber from 2021 until May 2023, and the pop icon believes that during this period, his finances were allegedly mishandled, leading to the current complications.
Nevertheless, Bieber’s team appears divided on whether pursuing legal action is the right move. Some sources claim that the pop star’s financial troubles may not entirely lie with his ex-managers, as insiders say Bieber’s own spending habits have contributed significantly to his money woes. A source close to the singer told Page Six that his spending is “out of control,” with lavish expenditures on private jets, luxury homes, and sizeable church donations topping the list of his spending habits.
Insider Claims of "Out of Control" Spending
According to those close to Bieber, the singer has struggled with impulsive spending over the years, and this has only increased recently. His monthly expenditures reportedly reach “eye-watering amounts,” and there was even a period when Bieber allegedly struggled to get a credit card due to the magnitude of his spending. “Justin is surrounded by a lot of people that do not have his best interests at heart,” an insider told Page Six, adding that his circle may encourage extravagant purchases that could be impacting his long-term financial health.
Latest News
Justin Bieber Faces $380K Tax Bill Amid Alleged Financial Troubles and Possible Legal Dispute with Ex-Managers.
Pop superstar Justin Bieber, 30, has been hit with a substantial $380,349 property tax bill for his $16.6 million Coachella Valley home. The recent tax issue reportedly comes as Bieber navigates potential financial concerns and considers legal action against his former business managers, whom he accuses of mishandling his fortune.
Bieber’s Coachella Valley Property Tax Woes
According to official records obtained by the US Sun, Bieber's substantial tax bill stems from his recently acquired luxury estate in California's Coachella Valley. Bieber purchased the property in January 2023, but recent statements reveal that he now owes over $380,000 in unpaid property taxes. Half of this payment was due on October 12, 2024, while the remaining balance is expected by April 10, 2025.
Despite the hefty tax obligation, Bieber and his representatives have yet to issue a public comment. For the singer, who has been a household name since his teen years and has accumulated an estimated net worth of $300 million, this latest bill may not seem insurmountable. However, insiders claim this is only one part of broader financial issues currently plaguing the Grammy-winning artist.
Legal Dispute Over Alleged Financial Mismanagement
Alongside the tax bill, Bieber is reportedly considering a lawsuit against his former financial managers, who he alleges may have mismanaged his assets. Sources close to the star told TMZ that Bieber suspects his former business team, including Lou Taylor’s Tri Star Sports and Entertainment Group, may be responsible for financial missteps that have impacted his wealth. Taylor and her firm represented Bieber from 2021 until May 2023, and the pop icon believes that during this period, his finances were allegedly mishandled, leading to the current complications.
Nevertheless, Bieber’s team appears divided on whether pursuing legal action is the right move. Some sources claim that the pop star’s financial troubles may not entirely lie with his ex-managers, as insiders say Bieber’s own spending habits have contributed significantly to his money woes. A source close to the singer told Page Six that his spending is “out of control,” with lavish expenditures on private jets, luxury homes, and sizeable church donations topping the list of his spending habits.
Insider Claims of "Out of Control" Spending
According to those close to Bieber, the singer has struggled with impulsive spending over the years, and this has only increased recently. His monthly expenditures reportedly reach “eye-watering amounts,” and there was even a period when Bieber allegedly struggled to get a credit card due to the magnitude of his spending. “Justin is surrounded by a lot of people that do not have his best interests at heart,” an insider told Page Six, adding that his circle may encourage extravagant purchases that could be impacting his long-term financial health.
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