Bieber is running out of money with his first-born child right around the corner

Justin BieberX

Justin Bieber could be punching a one-way ticket to bankruptcy as an insider reveals the music sensation spends far more than he earns and can no longer afford some of the niceties of fame, relying on his wife to bankroll him instead.

The Canadian popstar is thought to have net worth in the region of $285 million, but apparently he is now having to budget his money just two years on from his most recent tour, according to insiders close to him and his wife, Hailey.

“While they always fly private, Justin simply couldn’t afford it this time,” a source exclusively tells In Touch. “He spends more money than he’s got coming in and is now having to cut back on certain luxuries.

“They recently advised him against buying Hailey a $700K diamond ring, so he applied for a loan. But the loan was denied and he purchased it anyway. If Justin doesn’t make some changes soon, he could lose everything. He is going to go broke.”

Bieber recently sold the rights to his music catalogue, including hits such as Baby, Love Yourself and Intentions for a mega $200,000,000 in 2023, but now it seems as though he is financially precarious and might need to head back into the recording studio soon.

Hailey Bieber reveals her baby bump

The Biebers, who married in 2019, were delighted with the wonderful news that they are expecting their first child together at the ages of 27 and 30 on May 9, 2024, and Hailey Bieber has not held back from showing the life she’s carrying.

And on June 18 she dropped another hint of her progress whilst she was on a shopping run for her new family via her Rhode brand’s Instagram page, in which she’s wearing a tight black dress that shows off her bump along with a long brown coat.

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