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Justin Bieber NOT “Blowing Through $1 Million a Month,” Despite Report

Truth rating: 0

By Michael Lewittes

EXCLUSIVE

(Getty Images)

(Getty Images)

Justin Bieber is NOT “blowing through $1 million a month,” despite an inaccurate report from the New York Post.

The paper claims the star is on the fast-track towards going broke, quoting a supposed “source” as saying, “The guys handling his investments at Mellon Bank complain that there is nothing left for them to invest.”

According the tabloid, Bieber’s cash is being drained by his “large entourage, some of whom live and travel with him,” as well as his alleged drug habits.

The Post further speculates that the singer “spends $8,000 a week on marijuana.”

But the story is completely false.

Bieber raked in an estimated $55 million this past year, and in no way does he blow $1 million a month. That would be a difficult feat even for the biggest spender.

A source close to the “Confident” singer tells Gossip Cop the tab’s story is “total b.s.

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