Justin Bieber Switches Managers, Hires Johnny Depp's Financial Advisor

Exploring the shifting dynamics in Justin Bieber's financial team

by Zain ul Abedin
Justin Bieber Switches Managers, Hires Johnny Depp's Financial Advisor
© Bruce Bennett/Getty Images

Justin Bieber has ended his professional relationship with business manager Lou Taylor, turning to Johnny Depp’s trusted financial advisor, Edward White, as his new financial manager, according to reliable sources. This strategic shift occurred in May, marking a significant change in Bieber's business management team, just a year after aligning his companies with Taylor’s Tri Star Sports and Entertainment Group.

In 2022, Bieber linked his businesses - including Bieber Time Touring LLC, Justin Bieber Brands LLC, and Bieber Time Merchandise - with Taylor's firm, signaling a major collaboration. However, this partnership was short-lived.

A close source revealed that the decision to part ways was mutual and smooth, indicating that the synergy they initially aimed for no longer existed. While Taylor’s role in Bieber’s career has come to an end, Scooter Braun, Bieber’s long-standing manager, continues to oversee the artist’s expansive career.

According to insiders, Bieber remains under contract with Braun, suggesting a stable managerial relationship moving forward.

Edward White's Expertise

Edward White, the new figure in Bieber’s financial landscape, brings a robust track record of managing high-profile clients.

His firm, Edward White & Co., which was established in 1976 and recently merged with Eide Bailly, is known for its comprehensive tax and consulting services. White’s client roster boasts several notable Hollywood personalities, including Jack Nicholson and the estates of Lena Horne and Vin Scully.

The transition to White's management comes at a pivotal time. White has been a significant player in Johnny Depp’s financial restructuring, notably during and after Depp's publicized legal battle with ex-wife Amber Heard.

White's involvement in Depp's case, including his testimony in the 2022 defamation lawsuit, highlighted his expertise in navigating complex financial disputes, a skillset that Bieber may find invaluable. This managerial change coincides with Bieber’s recent business moves, particularly the sale of his 291-song catalog to Hipgnosis Songs Capital in 2023, a deal valued at just over $200 million.

This sale included all his musical works up to the end of 2021, spanning six studio albums and numerous hit singles such as "Baby," "Sorry," and "Peaches." This transaction has transferred all profit rights from Bieber’s compositions and recordings to Hipgnosis, although Universal Music Group retains ownership of his recorded masters.

Justin Bieber Johnny Depp