Hailey Bieber denied using the money from the sale of her beauty brand to pay off Justin Bieber and Scooter Braun’s financial settlement.
“The historic sale of Rhode is a huge accomplishment for Hailey and is completely separate from her husband and his business affairs,” a rep for Hailey, 28, said in a statement to Us Weekly on Friday, July 18.
Hailey’s statement comes one day after TMZ reported that Justin, 31, was waiting on Hailey’s billion-dollar business deal to come in before paying back Braun’s company Hybe.
Hailey sold Rhode to e.l.f Beauty in May. As part of the agreement, Hailey will receive $600 million in cash, $200 million in shares and a potential additional $200 million if Rhode hits its three-year growth goals. In addition to the acquisition, Hailey remains Rhode’s chief creative officer and head of innovation.
Justin Bieber is celebrating his wife Hailey Bieber’s newfound billionaire status. Justin, 31, took to Instagram on Wednesday, May 28, following the news that Hailey, 28, had officially become a billionaire, thanks to e.l.f. Beauty’s acquisition of her popular skincare brand. He posted photos of him embracing a smiling Hailey and kissing her on the […]
The outlet reported on Thursday, July 17, that Justin allegedly owes Braun, 44, for unpaid commissions and an advance that resulted from the musician canceling his 2022 Justice Tour. The pair reportedly agreed on a settlement of $31.5 million.
Justin has not publicly addressed his and Braun’s financial situation.
Scooter Braun, Justin Bieber Kevin Mazur/Getty Images for YouTube Originals
Braun was Justin’s longtime manager before they parted ways in August 2023.
“I think there comes a point where, I understand, he probably wants to go on and show that he can do it. We worked together for so long and we had such extreme success,” Braun said of his working relationship with Justin during a June appearance on the “Diary of a CEO” podcast. “I think you get to a point as a man where you want to show the world, you can do it on your own. I completely respect that. I think at this point that’s what he’s doing.”
Since cutting ties with Braun professionally, Justin has remained low-key for the most part. Earlier this month, Justin dropped new music for the first time in four years. He surprised fans by releasing his new album, Swag, which includes 21 new songs.
Justin Bieber has faced his fair share of hardships since skyrocketing to fame after being discovered by Scooter Braun in 2007. Upon breaking onto the scene with his debut album, My World 2.0, the two-time Grammy winner was beloved by the world over for his boyish charm, famous hair “swoop” and age-appropriate love songs. However, […]
“This is more of a personal project that Justin has been wanting to put out, almost like a mixtape,” a source exclusively told Us of the record. “His label is planning a more traditional pop album for early next year.”
Following its release, Braun took to social media to gush about his former client’s new project.
“Been having a beautiful start to the weekend and getting a lot of texts about how I feel about Justin’s new album,” Braun wrote in a lengthy Instagram Story statement last week. “This is, without a doubt, the most authentically Justin Bieber album to date.”
The Daily Mail was the first to obtain Hailey’s statement.
