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Justin Bieber reflecting on being young and rich: You’d buy a monkey, too - MarketWatch

Justin Bieber, who turns 25 next month, opened up to Vogue in an interview published Thursday about how the excesses of fame and fortune in his teen years led to the questionable behavior that dominated tabloid headlines everywhere.

At one point, he offered up this little nugget:

‘It’s like, if you had the money that I had, why wouldn’t you get a monkey? You would get a monkey!’

Yeah... maybe.

That monkey, by the way, was seized at customs in Germany.

But that’s just one quirky, and mostly harmless, example of how that kind of money can impact a young kid’s decision-making. There were several other missteps that were a bit more troubling.

For instance, Bieber, with an estimated net worth of $265 million, was charged with a DUI back in 2014 after drag-racing his Lambo in Miami Beach, and he also got caught on video running into a photographer with his Ferrari.

“I’ve made some bad decisions personally, and in relationships,” he told Vogue. “Those mistakes have affected my confidence in my judgment.”

Back in 2014, he was reportedly spending $1 million a month, with a source saying his investment advisers were running out of money to invest.

Newlyweds

Vogue’s glimpse into Bieber’s life followed shortly after another celebrity stirred up a buzz with some financial struggles of her own.

Cardi B, with a net worth pegged to be approaching $10 million, revealed she spends between $250,000 and $300,000 a month. Considering her tax rate, she says, she has to pull in more than $500,000 just to cover her overhead.

“I try to put it cheaper,” but she can’t, she says.

As for Bieber, he seems to be getting his act together. He recently married Hailey Baldwin and bought a $5-million home outside of Toronto, though he’s not quite ready to fully embrace adulthood just yet.

“I think we can be married and still have fun and enjoy our adolescence,” he told Vogue. “That’s something we’re talking about.”

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https://www.marketwatch.com/story/justin-bieber-reflecting-on-being-young-and-rich-youd-buy-a-monkey-too-2019-02-07

2019-02-07 19:33:00Z

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