In 2023, Justin Bieber sold the rights to his music catalog for more than $200 million — but In Touch has learned that the star is already running out of cash.

He and wife Hailey Bieber, 27, were even forced to take a commercial flight in May because of his dwindling bank account! “While they always fly private, Justin simply couldn’t afford it this time,” a source exclusively tells In Touch.

“He spends more money than he’s got coming in, and is now having to cut back on certain luxuries.” The “What Do You Mean?” singer, 30, last toured in 2022, and he hasn’t released an album since 2021.

According to the source, Justin’s lack of new income is causing friction with his wealth management team. “They recently advised him against buying Hailey a $700K diamond ring, so he applied for a loan.

But the loan was denied and he purchased it anyway,” reveals the source. “If Justin doesn’t make some changes soon, he could lose everything. He is going to go broke.”

If Justin doesn’t make some changes soon, he could lose everything. He is going to go broke.”

Bieber recently sold the rights to his music catalogue, including hits such as Baby, Love Yourself and Intentions for a mega $200,000,000 in 2023, but now it seems as though he is financially precarious and might need to head back into the recording studio soon.

Hailey Bieber reveals her baby bump

The Biebers, who married in 2019, were delighted with the wonderful news that they are expecting their first child together at the ages of 27 and 30 on May 9, 2024, and Hailey Bieber has not held back from showing the life she’s carrying.

And on June 18 she dropped another hint of her progress whilst she was on a shopping run for her new family via her Rhode brand’s Instagram page, in which she’s wearing a tight black dress that shows off her bump along with a long brown coat.