Justin Bieber may have amassed a fortune over the years, but the singer is reported to be blowing through his millions nearly as fast as he is making it, sources claim.
The Boyfriend singer, who was said to have earned $58 million in 2013 by Forbes, has been racking up some pretty expensive spending habits and is alleged to be spending as much as $2 million a month.
It's believed that the teen star has a monthly income of $2.9 million before tax, according to Forbes, meaning if the claims are true, the pop star isn't leaving himself much at the end of the month.
Sources close to the Canadian singer have revealed that his penchant for travelling by private jets are just one of the many luxuries digging a deep hole in his pockets.
The Daily Star reports Bieber recently switched from using a Gulfstream IV for the much more expensive upgrade, the Gulfstream G550.
A relative told the tabloid: "He’s clueless about how much money he throws away."
Another source said to be draining Bieber's finances is his never-ending legal bills. The singer has had several brushes with the law in the last year and is facing three separate charges of driving under the influence, resisting arrest and driving with an expired license when he was arrested last month in Miami.
There is also the charge of assault against a limo driver in Toronto alleged to have happened at the end of January.
LA attorney Jim Fedalen said: "This young guy is also racking up some phenomenal legal bills, with cases pending in Miami and Toronto and further possible actions here in LA."
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