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Justin beiber worth 110 Million ..no way

Discussion in 'BlackHat Lounge' started by MiLiTARYiV, Sep 3, 2012.

  1. MiLiTARYiV

    MiLiTARYiV Senior Member

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    http://www.therichest.org/celebnetworth/celeb/singer/justin-bieber-net-worth/

    [h=2]Justin Bieber Net Worth[/h] Net Worth: [​IMG] $110 Million As of May 2012

    Source of Wealth: Music, Television/Film





    [h=2]Believe! Justin Bieber?s Riches[/h] Having been in the industry for only five years, 18-year old Justin Bieber has indeed accomplished so much. It is quite difficult to believe that someone so young can achieve a lot at such an early age.
    Justin Bieber?s Career
    In 2007, 12-year old Bieber sang a version of Ne-Yo?s So Sick in a local singing competition in Stratford, Ontario, Canada. He placed second and his mom uploaded a video of the performance on YouTube for the consumption of family and friends. Bieber?s mom kept on uploading videos of his covers of different R&B songs which helped bolster his popularity on the internet.
    Subsequently, Scooter Braun, a talent manager and former marketing executive of So So Def, stumbled upon Bieber?s Youtube videos and was impressed. He tracked him down and after some cajoling, he finally got his mother to allow him to fly 13-year old Bieber to Atlanta, Georgia to record demo tape. He was signed to Raymond Braun Media Group (RBMG), a joint venture between R&B singer Usher and Braun. In October 2008, Bieber was signed to Island Records, resulting in a joint venture between Island Records and RBMG.
    Here?s a look at Bieber?s ventures in the entertainment industry:

    • Albums. To date, Bieber has released three albums, My World (released in two parts), Under the Mistletoe and Believe, which all hit the charts. His first album which carried the hit song Baby debuted number one in the US, Canada, Australia and New Zealand and reached top 10 in 15 other countries. As of May 2012, he has sold over 15 million albums.

    • Concert. On June 23, 2010, Bieber launched his My World Tour in Connecticut to promote his My World and My World 2.0 albums. He grossed $150 million on 157 tour dates in two dozen countries.

    • TV Shows. Bieber had guestings in some television shows like CSI: Crime Scene Investigation.

    • Movie. A part-biopic and part-concert film entitled Justin Bieber: Never Say Never was released on February 11, 2011. It topped the box office with estimated gross sales of $100 million worldwide.
    Earnings and Net Worth
    Reports show that Bieber earned $53 million for the period May 2010 to May 2011 and $55 million for the period May 2011 to May 2012, bringing him a total net worth of roughly $110 million.
    Business Investments
    What makes Justin Bieber even more interesting is that apart from earning a lot of money at a young age, he has also been spending his money wisely as will be shown in the following investments he has made. Bieber only invests on products he likes and believes in. Currently, he appears keen on investing on private tech start-ups. Perhaps, this is his way of giving back, considering that his career was launched with the help of social media. He began investing in 2009.
    Here?s a look at Bieber?s investments on businesses as reported on the June 2012 issue of the Forbes magazine:

    • Tinychat. This is a messaging platform. In January, he joined a $1.5 million financing round for this company with A-Grade, an investment fund run by actor Ashton Kutcher, Madonna?s manager Guy Oseary and billionaire Ron Burkle.

    • Stamped. This is a social curation app that allows users to rate various things like restaurants and music. He invested in this company in May by joining Google Ventures and Bain Capital.

    • Sojo Studios. This is a gaming outfit established in 2010. Bieber joined Ellen DeGeneres as an investor in this company. His favorite product is WeTopia, a free Facebook game similar to FarmVille, where players collect virtual points which can be redeemed as donations to real charities. According to Sojo Studios, it donates to charity half of the money it earns from advertising linked to its games. WeTopia earnings are donated to the following charities: Save the Children, BuildOn and the Children?s Health Fund.

    • Spotify. This is a disruptive music service founded by Daniel Ek. The founder recruited a number of recording artists to buy in the company while it established its credibility in the industry before it was launched in 2011. It is backed by everyone from Sean Parker to Li Ka-shing.

    • Viddy. This is a video-sharing app that has an interface similar to Instagram?s.
    Note that Bieber?s investments are not your typical equity-for-endorsement trades. He actually invests cash into each business and very few of them have promoted their products? links to Bieber. Braun reveals that Bieber?s portfolio is between 2% to 5% of his net worth. Forbes estimates Bieber?s venture investments at $3 million.
    In addition to these investments, the Bieber fragrance Somebody debuted in June 2011 with $60 million in retail sales in its first six months on the market.
    [h=2]Properties[/h] Apart from his business ventures, Bieber also reportedly owns the following properties:

    • Ducati Superbike 848 EVO. This $20,000.00-worth superbike was allegedly delivered to Bieber in April 2012. He reportedly picked out the arctic white silk model with a top speed of 159 miles per hour. It uses a wet clutch wherein the clutch mechanism is submerged in oil or some other lubricating fluid.

    • Fisher Karma. This is a $110,000.00-worth all-chrome and environmentally-friendly hybrid car. This was reportedly a gift from Bieber?s manager, Scooter Braun, for the singer?s 18[SUP]th[/SUP] birthday. The car is impressive with its combination of the best elements of luxury and sports car with a high-tech hybrid engine that runs in all-gasoline and all-electric modes.

    • Calabasas, California Mansion. Bieber reportedly purchased this sprawling 9,000 feet luxury home for $6 million. It boasts of a large pool, a huge guest house and an ample garage. Bieber is expected to spend on making this property state-of-the-art by installing the latest high-tech gadgets. He plans to install a computerized system that will allow him to control everything from the bathtub to the blinds with his fingertips. There are also plans of installing a home cinema theater and a games room with the latest consoles and old arcade machines.

    • Hollywood Hills Mansion. Bieber allegedly purchased this $10.8 million property as an 18[SUP]th[/SUP] birthday present for himself. Reports show, however, that Ashton Kutcher was leasing the property and bought it for himself after learning that Bieber was interested in purchasing it. The 9,400 square feet three-storey home overlooks the Hollywood Reservoir. It has five bedrooms, eight bathrooms, two living rooms, a floating dining room, a large kitchen with new appliances, a private movie theater, a bar, a fitness room, a massage room, multiple gardens, a swimming pool, balconies on the top two floors, built-in outdoor fire pits and an elevated spa.
    With all these accomplishments and investments, we can only guess where Justin Bieber?s headed in the future.
     
  2. TeamUnique

    TeamUnique Regular Member

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    Not surprising to me at all tbh.. you could have told me hes worth $250m and i would have accepted it, hes a major star, and a major fag.
     
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  3. chopter

    chopter Junior Member

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    I dont see why people hate on him. It is just immature. I dont like his music, so i just dont listen to it. He has accomplished alot already to be honest.

    Respect for Justin Bieber for not giving fuck about Haters.

    Again i dont listen to his music.
     
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  4. psytrance

    psytrance Power Member

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    only 110M??? considering the money I made (not much but I am a newbie) from a couple of bh campaigns..... eheh!
     
  5. Leith

    Leith Jr. Executive VIP Jr. VIP Premium Member

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    Although I hate Justin Bieber, a few of his latest songs aren't as bad as his previous ones (Baby, etc).

    Although I do hate him, he is a great guy and probably has a nice personality and etc. He deserves his wealth IMO and he is handing with all the hate very, very well.
     
  6. Gradimir Stankovic

    Gradimir Stankovic Power Member

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    I actually thought he's richer..
     
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  7. Patel

    Patel Senior Member

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    Justin Bieber isn't that bad. I would have thought he would be worth more than that.

    I agree, some of his new songs are good. Like this one. (And no I am not gay just because I like a justin bieber song)

     
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    Last edited by a moderator: May 18, 2016
  8. silentthunder

    silentthunder Jr. VIP Jr. VIP Premium Member

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    He's a MAN among men.

    Seriously though, I've never heard a Justin Bieber song except for a lame one he did with Ludacris but he sure was great on SNL with Tina Fey. I pimped the blood out of that vid on Utube. The little guy knows how to take a joke and ham it up straight to the bank. Ka-ching! :D
     
  9. bigballin6161

    bigballin6161 Jr. VIP Jr. VIP Premium Member

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    I thought he would be worth more than that. Just imagine the amount/hotness of the chicks he bangs.
     
  10. illfounded21

    illfounded21 Senior Member

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    The thing I don't like about him is the fact that he is purely a product of the music industry. His whole life, image, music is created and carefully managed and marketed by other people. He isn't 'real' in that sense, and so doesn't get my respect.
     
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  11. artificial_genius

    artificial_genius Jr. VIP Jr. VIP

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    I agree with this. But I do have a lot of respect for the puppeteers in the background who can manufacture stars like him.
     
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  12. Grizzy

    Grizzy Senior Member

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    Of course his career was handled carefully by other people. He was like 12 years old when he was thrust into the world of being an international teen idol lol. What would you have had him do to earn your respect at that age?

    Say what you want about his music, but it was his own hard work and talent that got him noticed in the first place. He's managed the spotlight/hate like a boss and his rags to riches story should be celebrated. If it was so easy for record companies to socially engineer a superstar of Bieb's caliber then there would be a lot more 18 year old Selena Gomez bangin' Ducati ridin' future billionaires out there.

    Respect.
     
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    Last edited: Sep 3, 2012
  13. silentthunder

    silentthunder Jr. VIP Jr. VIP Premium Member

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    Got nothin against Bieber but Selena Gomez looks like a female version of him. Manufactured and non sexual.

    [​IMG]
     
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  14. DoorKnocker

    DoorKnocker Regular Member

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    i really dont hate justin beiber until the day i heard my 12 year old nephew singing one of his songs over and over again all day long it really pissed me off because it took me months to teach my nephew the lyrics of Hammer down the nails by vital remains.

    his music sucks its just plain money making crap
     
  15. ja1myn

    ja1myn Senior Member

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    He's a champ for dating Selena.
     
  16. MadMX

    MadMX Regular Member

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    Normally, I don't care about ppl like him, the charts is full of them so who cares. But by saying that he feels like the Kurt Cobain of my generation, he kinda crossed a line;)
    Doesn't mean that I am participating in any of these youtube flame wars, hell no, i'd never do that.
     
  17. DoorKnocker

    DoorKnocker Regular Member

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    i think there is a lot of them out there even those who doesn't have good voice (autotune crap). They just dont promote same products at the same time everything would get saturated :)

    didn't anyone notice when britney was being so stupid and not an ideal icon for girls anymore they produced a younger one miley cyrus and when miley was also in he stage of stupidity and not being an icon of a sweet little girl anymore they produced selena gomez and so on and so forth lol

    there's a lot of them good looking good singers on youtube so i really dont think its that hard to pick another teenage star.
     
  18. muxmkt

    muxmkt Power Member

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    i aways respected this boy.


    What kind of music you hope a pop artist @ 15-16 will make? Actually he made it very big playing in the radios worldwide at this age. Who did it before? Michael Jackson? Plus who? He (his marketers) made the right thing to bank.

    Now he is growing and starting to make better song and i think it will just improve overtime.

    Think about Justin Timberlake.

    Well, he deserve the money =)
     
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  19. steelballs

    steelballs BANNED BANNED

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    [​IMG]
     
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  20. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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    Because of => Good M.A.R.K.E.T.I.N.G .

    But most of his songs are shit.

    On YouTube there are thousands of new songs, which is EPIC compare to JB!
    But due to poor marketing, they only gained 5,000 - 10,000 views only.

    Hooray for hipsters!
     
    Last edited: Sep 4, 2012