Core Insights - The documentary "TMZ Investigates: What Happened to Justin Bieber?" reveals that the pop star sold his music rights for $200 million due to a financial crisis in 2022, driven by canceled tours, excessive spending, mismanagement, and mental health issues [2][5][10]. Financial Crisis Triggers - The abrupt cancellation of the "Justice World Tour" led to over $20 million in debt for Bieber, with potential earnings of $90 million lost due to the tour's failure [5]. - The costs associated with the tour, including $2 million for bus modifications and the use of eight luxury buses, contributed to a complete financial breakdown, necessitating the urgent sale of music rights in December 2022 [5]. Excessive Spending Habits - Despite facing financial difficulties, Bieber's extravagant lifestyle continued, with monthly expenses described as "staggering," including a $300,000 single meal at Nobu during Coachella and frequent private jet use [7]. - His real estate holdings and lavish travels further exacerbated his financial burdens, with insiders noting a lack of concern for his financial well-being from his team [7]. Debt Issues with Former Manager - Bieber is reported to owe over $8.8 million to former manager Scooter Braun, stemming from emergency loans provided after the tour cancellation [10]. - Even with external financial assistance, Bieber's spending habits showed no signs of improvement, raising concerns about his financial future [10]. Mental Health Concerns - Bieber's mental health has been a significant issue, with reports of substance use and erratic behavior, leading to concerns from those close to him [13]. - Insiders indicated that his team consists of individuals who do not challenge his decisions, contributing to his ongoing struggles [13]. Future Uncertainties - As of 2025, Bieber has not fully recovered from his financial troubles, with a net worth of $300 million providing temporary relief from bankruptcy risks [16]. - The documentary concludes that Bieber faces dual challenges in his career and personal life, emphasizing the urgency of restoring financial stability and addressing mental health issues [17].