Justin Bieber Net Worth is $215 million at the beginning of 2016.
Singer and songwriter, Justin Bieber, shines in the limelight of his career, and continues to expand his domain with astonishing momentum. From his hometown in London, Ontario, Canada, and influencing across nations, this international superstar holds the hearts of millions. His childhood home was a modest, two-story house where his mother, Pattie Mallette, raised her creative and talented son. It was here where his initial, self-promoted work avalanched into a social media phenomenon through one viral YouTube video. This pivotal moment struck oil for his career, and the journey to fame became inevitable—and with it, the luxuries of stardom. As of 2015, this young star has amassed an impressive net worth of $215 million from combined revenue sources established over a span of over 6 years.
Justin Bieber derives wealth from a variety of avenues, though his musical talents pump the beating heart of this empire. Resulting, production sales like albums, hit singles, and concerts provide his largest revenue source. Bieber gained popularity and industry recognition after his viral YouTube success, and his international career solidified with the 2010 debut album, My World 2.0, released by Island Records. This album exceeded production expectations, as it was number one on US Billboard 2,000, and sold 283,000 copies in the first week. Hit singles contribute massively to his net worth. Top hits like, “As Long As You Love Me”, “One Time”, and “Never Say Never”, top national charts, and accumulate revenue totaling over $154 million since 2010. Adding to the mix, branding sponsorships and endorsements account for an additional $5.2 million in 2015.
Popularity drives sales in this industry, and Bieber’s talent demands a salary to compliment his influence. His average annual salary rose by $20 million since 2014, and is now estimated between $60 and $80 million each year. Talent manager, Scooter Braun, organizes Justin Bieber’s career and wealth, and surely recognizes the true spirit of Bieber Inc. Braun successfully manages daunting revenue triumphs, including the $100 million earnings from 2011, “Never Say Never”, concert and film, and $600,000 per-night earnings for gross concert ticket sales. In addition to production sales and entertainment, Bieber’s net worth considers earnings from his popular social media accounts, guest star appearances, and sponsorships. His YouTube channel accounts for over half of these earnings, or $16 million annually. Combined, these revenue sources average $29 million each year. In total, Justin Bieber’s net worth as of 2015 is estimated at $215 million, and projected to increase.
This star lives luxuriously in comparison to the life he knew in Canada. Spanning from east to west coast, Justin Bieber owns a variety of homes valued over $20 million in total. His first home, a $6.6 million mansion is located in the Calabasas suburb in California. Later, he purchased a $10.8 million home in Los Angeles. In 2015, he purchased a $10.9 million home in Atlanta’s Buckhead district. Representing his tastes, this home has seven bedrooms, a 70-foot pool and spa area, and a two-story living room. As for cars, the popular Justin’s popular collection totals over $1,000,000, and includes luxury vehicles like the $100,000 Chrome Fisker Karma, and the $200,000 Lamborghini Gallardo.
His remarkable accomplishments, and solid fan base ensure the longevity of his career. In 2016, we can look forward new material from Justin, including his role as model and murder victim in Zoolander 2.