Justin Bieber Going Broke?
“Justin Bieber is blowing $1 million a month on private jets, shopping sprees and strippers — and will soon be broke,” claims Star.
The tabloid says the pop star’s financial advisers “admit there’s little left to invest.”
“Justin’s financial situation is getting dire,” a so-called “friend” tells Star. “His preteen fans are getting older, and Justin’s popularity is falling. But he’s spending more than ever. If he doesn’t curb his cash flow, he is going to be a poor has-been by 22.”
According to the magazine, Bieber could “drain his $160 million fortune.”
Of course, this story is basically a retread of a bogus New York Post rumor from last month — one that Gossip Cop busted.
Star, which doesn’t have such a great track record with Bieber, strikes out again here.
A source close to the singer tells Gossip Cop the report about him going broke is completely false.