“ Justin Bieber is blowing $1 million a month on private jets, shopping sprees and strippers — and will soon be broke,” claims Star .
The tabloid says the pop star’s financial advisers “admit there’s little left to invest.”
“Justin’s financial situation is getting dire,” a so-called “friend” tells Star . “His preteen fans are getting older, and Justin’s popularity is falling. But he’s spending more than ever. If he doesn’t curb his cash flow, he is going to be a poor has-been by 22.”
According to the magazine, Bieber could “drain his $160 million fortune.”
Of course, this story is basically a retread of a bogus New York Post rumor from last month.
Star , which doesn’t have such a great track record with Bieber, strikes out again here.
A source close to the singer tells me the report about him going broke is completely false .
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