Canadian pop star Justin Bieber has responded to recent reports suggesting he is financially broke and millions of dollars in debt, calling the claims “clickbait stupidity.”


In a strongly worded statement released by his team, they dismissed the allegations as baseless and said the story was fueled by unreliable sources who are “disappointed that they no longer work with Justin.”


The denial comes in response to an article published by The Hollywood Reporter (THR) on Wednesday, which quoted a former member of Bieber’s team alleging the singer is facing significant financial troubles after canceling his Justice World Tour following several delays due to health issues.


In a statement to Us Weekly, Bieber’s team rejected the claims entirely.


“This is just clickbait stupidity based on unnamed and clearly ill-informed ‘sources’ disappointed that they no longer work with Justin,” the statement read.

“As Justin forges his own way forward, these unnecessary stories and inaccurate assumptions will continue. But they won't deter him from staying committed to following the right path.”


They further told The Hollywood Reporter:


“Any source that is trying to sell you a story about alleged financial distress either doesn’t understand the entertainment industry or, more likely, is trying to paint an unflattering portrait of Justin, which bears no resemblance to reality.”


The claims were part of THR’s article titled “Justin Bieber’s Crisis of Faith?”, in which an insider alleged that Bieber’s February 2023 announcement to cancel the remainder of his tour triggered “a series of financial consequences” that continue to affect him.


The Justice World Tour, originally slated to begin in 2020, was delayed due to the COVID-19 pandemic and further postponed in 2022 after Bieber was diagnosed with Ramsay Hunt syndrome  a rare condition that caused facial paralysis. In March 2023, the tour was officially canceled.


According to THR, insiders claimed that Bieber owed a substantial debt — reportedly around $20 million  to tour promoter AEG, after receiving a $40 million advance for the tour. The report suggested that only part of the money had been returned.


Adding fuel to the speculation, the article referenced Bieber’s 2023 decision to sell the rights to his music catalog for a reported $200 million. Initially pegged at $140 million, the deal  rumored to be with Hipgnosis Songs Capital  was reportedly negotiated up to $200 million by his team, including then-manager Scooter Braun. Sources told THR the deal was intended to secure Bieber's long-term financial stability.


Despite the rumors, Bieber’s camp remains adamant that the singer is financially secure and focused on his personal and professional path forward.