Justin Bieber’s Wild Spending and Party Lifestyle Have Loved Ones Worried He’s Headed for Financial Ruin

Pop star Justin Bieber is squandering his savings, splurging on parties and private jets, and indulging in other bad habits — even though he hasn’t worked in years — and now his loved ones fear he will wind up bankrupt if he doesn’t slow his spending roll, sources tell The National ENQUIRER.

“He’s blowing through cash like there’s no tomorrow, dropping tens of thousands on private jets for him and his hanger-on ‘friends’ and all-night parties,” says a source.

Sources say that the pressures of being a new dad and wife Hailey’s fury over his downward spiral have spurred him to go on spending sprees that could send him to the poorhouse.

“He loves his son but doesn’t seem to know how to be a father,” says a source of the hitmaker, whose own father left the family soon after he was born. “Then he was a pop star at 13 and had no one to supervise him but many to lead him astray. He clearly feels inept as a dad and runs away to party and let loose.”

Justin, 31, is also said to be afraid that his relationship with Sean “Diddy” Combs will be put under an unflattering microscope during the disgraced rap mogul’s trial on sex trafficking and other charges.

“Hailey is at her wits’ end,” the source says. “She’s fearful that Justin’s outrageous spending will affect her and their son. He seems to be careening toward bankruptcy and there’s nothing she can say or do to stop him. It’s a crash waiting to happen, and neither she nor his friends can bear to watch.”

Justin’s rep blasted reports that the star is in debt, calling the sources “ill-informed” and “disappointed that they no longer work with Justin.

But at his peak, Justin was worth $300 million, and according to our source, he hasn’t earned any money in a long time. His last studio album was 2021’s Justice and he canceled his 2022 tour, losing out on an estimated $90 million.

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Still, the “Baby” singer’s reckless bank-account raiding continues. He reportedly dropped $300,000 on Nobu at Coachella last month for him and his friends.

And in footage posted to social media, Justin appeared to smoke pot — specifically a huge blunt — while standing next to his 15-year-old brother, Jaxon. Hailey can be seen in the background staring her husband down before putting her hands on the teen’s shoulders and steering him away.

“Hailey gets mad at him and tells him off, and he reacts by engaging in more self-destructive behavior. It’s a vicious cycle,” says the source.