Wednesday, July 30, 2014

Blind Item #6

This singer not named Kanye better learn Kanye's hard lesson soon. This singer is a former A list tweener, who according to his accountant spends on average $250K a week over the past year. On average, his income over the same period has been about $25K a week. Yeah, so he is bleeding money.

28 comments:

Renoblondee said...

Uh. Beiber

Freya said...

Bow Wow?

Freya said...

Oops singer. Beiber.

DoctahRivenIsAHasBeen said...

Joe Jonas?

derek harvey said...

Hopefully the Biebs can turn his life around. I hate the racist jokes he made and entitled attitude etc but he does a lot of work for Childrens charity like Mike a Wish Foundation and most of it goes unnoticed...

DoctahRivenIsAHasBeen said...

Kanye isn't a singer, so why would he be mentioned? Maybe it's Chris Brown, links to both genres but he actually sings.

Michael said...

Chris Brown is a good guess. He was also a tween singer. Bieber and Brown both seem to spend a lot of money. Hopefully they both go broke

Sincerely,Your Friend said...

Models are expensive y'all, unless ur hot or anyone else other than Beiber.

Seven of Eleven said...

Is this E's accountant friend who blabbed about celeb charity spending?

He's not a former tweener (I don't think), but the Daily Wail says RayJ regrets the KimK incident.

And Babyer is moving again.

Ay said...

I never saw Chris as a tweener even though he technically was. But I agree with Michael it's either him or Bieber and hopefully they do go broke. Both assholes.

NomNom83 said...

That's a lot of blow and security.

If the Kanya reference infers a KK connection, I'll got with RayJ. If it's just about an obnoxious jackass, I'll go with Bieber.

Orvilla Bedinbacher said...

NomNom niiiice

David Howes said...

Another example of a young celebrity heading to bankruptcy when it didn't need to happen with smarter money management.

D Brown said...

Bieber per Forbes made $80MM in 2013 anD $47MM in 2012. Doesn't look like $25K a week in income to me. Yes, I expect he to end up broke but it may take a few more years.

Count Jerkula said...

If Bieber ever has to let the bodyguards go, they gonna often find him bruised and bloody next to club dumpsters.

Bossy Pants said...

That would only be roughly 1.3mil/year. Surely JB is still bringing in more than that?

MLM Worldwide Event Planning said...

Drake

All Lace no Leather said...

I hope it's Beiber, he goes broke, moves back to Canada, and we never hear from him again. Or at lease for another 30 years, when the "what ever happened to..." stories start.

Bleu Belle said...

Jesse McCartney

Tina Mallette said...

And you wonder how people go broke this is how.

Are those numbers for Beiber gross earned income or net?

Don't forget a whole lot of people take a piece of that tour revenue pie, the promoter the manager the agent, and the record sales side as well then the tax man takes his cut so I could see this fool spending that much money for his useless entourage with floors reserved at 5 star hotels, bar bills, hookers, private jets.

Tina Mallette said...

Oh yeah security details lawyers and publicists to do damage control for him every single day

B said...

Bieber

auntliddy said...

If it is bieber, we will know when he cant afford eggs to throw at neighbor.

Tina Mallette said...

I was listening to a weekly show on my fav talk radio station that focuses on the music scene and this guy was saying an artist had 1 million downloads of his song on a site called Spotify

his total royalty payment for that was about $218 dollars....

digital streaming has taken most of the profit out of record sales

instead of the tour supporting the record the record or album now supports the tour

now that I think about it Bieber can't be that low in the income department he is still touring isn't he

Prunella Buggerweeds said...

I looked up Bieber after reading the Orlando Bloom item. He supposedly has a net worth of $200 million.

Even if he spends $250K a week and only brings in $25K ... if he's worth $200 million it would take him 17 years to run through all his money at that rate. And I doubt he only earns $1.3 million a year.

Although - what DOES he do to earn money? Charge appearance fees at nightclubs? Does he have a record out? Does he tour?

The condo association in Beverly Hills where he's renting has hired a lawyer to get him out because he makes so much noise. The police were called 6 times in one weekend because of the noise.

sugarbread maker said...

When will people finally believe me when I say Kanye is brokye.
Beiber might be worth 200 million in funny money Forbes math but subtract 40% to Irs 20 to managers 10 to agents 10 to lawyers how many millions has he spent in payoffs for abortions? ? And other cover ups.
Sizzurp addiction entourage $$$
Bodyguards
Cars
Daddys midlife crisis and whores.
His last albums tanked
His concert movie tanked
Industry hanger ons wanting cash and gifts all the time.
He has maybe 20 million left if that.

Unknown said...

Bieber doesn't tour, which is where the bulk of his money comes from. When has he really performed in the last year? His over head is huge, his security is huge, paying for all his friends so he isn't alone is HUGE HUGE HUGE. Supports his mom and dad's family to the tune of 50k a month. He pays for them to fly private, clothes them, pays for everything - that's going to add up. He's in Spain, is he touring? I don't think so.

I don't see anyone's parents paying to let them go see him, and any one old enough to buy his tickets thinks he and his music are a joke. No one over 13 is going to a Beiber concert unless they are pretty immature and uncool. But this sounds like Chris Brown too. They don't make money on music sales, it's the touring that brings in the cash for these types of entertainers.

Unknown said...

It would be sweet to see Bieber broke ass and gone.

I believe Kanye is as broke as a joke. He's never paid back Jay Z a couple of million dollars and it's caused hard feelings. How can he not be able to pay back a measly 2 million? But he can't do it.