• On May 4, 2013, Canadian singer Justin Bieber beat the sweltering heat to perform for fans at Sevens Stadium in Dubai. Sarah Dea/The National
    On May 4, 2013, Canadian singer Justin Bieber beat the sweltering heat to perform for fans at Sevens Stadium in Dubai. Sarah Dea/The National
  • In May 2013, fans of Justin Bieber at Sevens Stadium in Dubai gave the Canadian star a huge UAE welcome. Sarah Dea/The National
    In May 2013, fans of Justin Bieber at Sevens Stadium in Dubai gave the Canadian star a huge UAE welcome. Sarah Dea/The National
  • Justin Bieber takes the stage in Dubai in May 2013. Sarah Dea/The National
    Justin Bieber takes the stage in Dubai in May 2013. Sarah Dea/The National
  • After a two-hour wait for their hero, fans in Dubai quickly forgave Justin Bieber's tardiness and turned up the volume to welcome him to the UAE. Sarah Dea/The National
    After a two-hour wait for their hero, fans in Dubai quickly forgave Justin Bieber's tardiness and turned up the volume to welcome him to the UAE. Sarah Dea/The National
  • Fans of Canadian singer Justin Bieber mask up at Sevens Stadium in Dubai in May 2013. Sarah Dea/The National
    Fans of Canadian singer Justin Bieber mask up at Sevens Stadium in Dubai in May 2013. Sarah Dea/The National
  • In May 2017, Justin Bieber was back in Dubai, starting his gig with 'Mark My Words' from his 2015 album 'Purpose'. Chris Whiteoak for The National
    In May 2017, Justin Bieber was back in Dubai, starting his gig with 'Mark My Words' from his 2015 album 'Purpose'. Chris Whiteoak for The National
  • Canadian star Justin Bieber appeared at the Autism Rocks Arena in Dubai during his 2017 tour. Chris Whiteoak for The National
    Canadian star Justin Bieber appeared at the Autism Rocks Arena in Dubai during his 2017 tour. Chris Whiteoak for The National
  • Justin Bieber performed before a forgiving crowd in Dubai in 2013 when he was two hours late onstage. In May 2017, he stuck to his schedule and the music began on time. Chris Whiteoak for The National
    Justin Bieber performed before a forgiving crowd in Dubai in 2013 when he was two hours late onstage. In May 2017, he stuck to his schedule and the music began on time. Chris Whiteoak for The National
  • Fans sang along to their favourite Justin Bieber songs at the Autism Rocks Arena in Dubai in May 2017. Chris Whiteoak for The National
    Fans sang along to their favourite Justin Bieber songs at the Autism Rocks Arena in Dubai in May 2017. Chris Whiteoak for The National
  • Justin Bieber performs in concert on Saturday, May. 06, 2017, at the Autism Rocks Arena in Dubai. Chris Whiteoak for The National
    Justin Bieber performs in concert on Saturday, May. 06, 2017, at the Autism Rocks Arena in Dubai. Chris Whiteoak for The National
  • Bright lights and big screens as Justin Bieber performs at the Autism Rocks Arena in Dubai in May 2017. Chris Whiteoak for The National
    Bright lights and big screens as Justin Bieber performs at the Autism Rocks Arena in Dubai in May 2017. Chris Whiteoak for The National
  • Justin Bieber performs at the Autism Rocks Arena in Dubai in May 2017. Chris Whiteoak for The National
    Justin Bieber performs at the Autism Rocks Arena in Dubai in May 2017. Chris Whiteoak for The National
  • Dubai was the only Middle East stop for Canadian star Justin Bieber on his 2017 tour. Chris Whiteoak for The National
    Dubai was the only Middle East stop for Canadian star Justin Bieber on his 2017 tour. Chris Whiteoak for The National
  • Justin Bieber performs at the Autism Rocks Arena in Dubai in May 2017, when his 2015 album 'Purpose' and the singles from it had charted in more than 100 countries. Chris Whiteoak for The National
    Justin Bieber performs at the Autism Rocks Arena in Dubai in May 2017, when his 2015 album 'Purpose' and the singles from it had charted in more than 100 countries. Chris Whiteoak for The National
  • Bieber cancelled his Coca-Cola Arena concert in Dubai in October 2022 owing to ill health. Chris Whiteoak for The National
    Bieber cancelled his Coca-Cola Arena concert in Dubai in October 2022 owing to ill health. Chris Whiteoak for The National

Celebrity Net Worth: Justin Bieber boosts fortune to $300m


  • English
  • Arabic

Justin Bieber

After Shakira, Neil Young, Hootie & The Blowfish and Justin Timberlake, Hipgnosis has come for the other Justin, one Mr Bieber. The Canadian singer is the latest to sell his back catalogue to the Blackstone-backed song management company for $200 million.

The deal takes Bieber’s net worth to $300 million, according to wealth tracking website Celebrity Net Worth.

Hipgnosis has purchased Bieber’s interest in his publishing copyrights for all of his music released before December 31, 2021.

The agreement includes his six studio albums and covers 290 songs. It is the largest deal for any artist of his generation.

The catalogue has almost 82 million monthly listeners and more than 30 billion streams on Spotify alone, according to Hipgnosis.

The Baby singer, 28, has sold 28 million equivalent album units in the US, according to music magazine Billboard. Songs where he is the primary artist have been streamed on demand about 16.6 billion times.

Estimates of his international sales vary, with figures putting his total record sales between 70 million to 150 million.

He has had eight number-one albums on the Billboard 200 chart. He is the youngest musician to achieve that feat.

In September, R&B superstar Usher sold his interest in Bieber’s record label, RBMG, to HarbourView Equity Partners for an amount estimated at just under $40 million, according to Billboard.

Bieber signed his first record deal at the age of 14 and Usher was an early mentor.

The singer earns between $50 million and $70 million every year from music sales, merchandise, touring, product endorsements and other business ventures, Celebrity Net Worth estimates.

Music tours are thought to comprise the largest chunk of Bieber’s earnings. His first tour My World (2010-2011) grossed $53.3 million, while Believe, in 2012-2013, took in $69.9 million, according to Forbes. His most recent roadshow, the Purpose World Tour (2016-2017) earned more than $250 million, according to Billboard.

Additional income came from two films. 2011’s Never Say Never was the most successful concert film in the US, grossing $73 million, according to Billboard. Two years later, the documentary Believe took in $10.9 million, Box Office Mojo reports.

Over the years, Bieber has endorsed a range of brands, including Calvin Klein, T-Mobile, Walmart, adidas and Beats by Dr Dre.

Bieber has also released seven perfumes with Revlon or its subsidiaries, including Someday, Girlfriend, Next Girlfriend and The Key, according to perfume database Fragrantica.

The My World hitmaker has made a significant number of real estate investments. He has bought and sold homes in Calabasas and Beverly Hills, California, and Ontario, Canada. With his wife, the model Hailey Bieber, he now lives in a $25.8 million mansion in Los Angeles.

Bieber has also frequently dipped his toes into equity. He has been involved with at least eight investments, according to business analytics platform CB Insights.

The most recent was cryptocurrency payment processor MoonPay in 2022. Notable exits include electrolyte drink mix Liquid I.V., which was acquired by Unilever in 2020.

Ashton Kutcher, 44, has a net worth of $200 million, according to Celebrity Net Worth. AP
Ashton Kutcher, 44, has a net worth of $200 million, according to Celebrity Net Worth. AP

Ashton Kutcher

Actor and investor Ashton Kutcher has joined a funding round for Norwegian climate tech company Choose.

His Sound Ventures investment vehicle co-led the $15 million round through its Sound Waves subsidiary, alongside GenZero, a decarbonisation-focused investment company owned by Singapore-headquartered Temasek.

Chooose, a software-as-a-service company, offers climate solutions such as carbon removals, offsets and sustainable aviation fuel. Its clients include Air Canada, Booking.com, British Airways, Trip.com, Iberia, Southwest Airlines and Japan Airlines.

Kutcher, 44, has a net worth of $200 million, according to Celebrity Net Worth. His initial success came from a career that includes hit films such as Dude, Where’s My Car and TV’s That 70s Show and Two and a Half Men. He reportedly earned $700,000 per episode for the latter.

In 2010, Kutcher joined with talent manager Guy Oseary and investor Ron Burkle to found A-Grade Investments. The company turned $30 million in investment funds into $250 million in six years, according to investment data website Benzinga.

As of 2022, it had assets of $150 million under management, according to disclosures.

In 2015, Kutcher and Mr Oseary founded Sound Ventures. The company focuses on early-stage technology and financial technology companies. Among its most recent investments was social media platform Pearpop, in 2022.

It had invested in 63 companies and had 21 exits, according to data from Crunchbase.

Kutcher himself has made 69 investments, the website says. His holdings have included Uber, Airbnb and Citymaps.

Among the five forays he made in 2022 alone are green hydrogen company QD-SOL, Amsterdam-based digital fashion brand The Fabricant, and machine learning start-up Nanonets.

“I really think that technology has the greatest potential to accelerate happiness of most things in the world. The companies that will ultimately do well are the companies that chase happiness,” he said.

With his wife Mila Kunis, Kutcher has owned an estimated seven homes. The couple have turned a profit on many homes in California. Their principal residence is a six-acre sustainable homestead near Beverly Hills.

Lionel Messi has a net worth estimated at $600 million, according to Forbes. He has earned $1.15 billion over the course of his career. Photo: Power Sport Images
Lionel Messi has a net worth estimated at $600 million, according to Forbes. He has earned $1.15 billion over the course of his career. Photo: Power Sport Images

Lionel Messi

Argentinian football legend Lionel Messi is in the news again with the US stock market debut earlier this month of MGO Global, which operates his clothing brand The Messi Store.

The company began trading after a $7.5 million IPO, selling just 1.5 million shares to the public. The stock jumped more than 200 per cent to $4.90 per share, but fell back below its initial price on the same day. It closed trading at $2.70 on January 26.

The company was co-founded by Ginny Hilfiger, the youngest sibling of fashion designer Tommy Hilfiger.

Messi does not own a public stake in MGO, according to the IPO filing, as reported by Bloomberg. Instead, he receives royalty payments that comprise 12 per cent of net sales.

The face of Argentina’s recent Fifa World Cup triumph in Qatar has a net worth estimated at $600 million, according to Forbes. He has earned $1.15 billion over the course of his career.

The Paris Saint-Germain forward earned $130 million in 2022, making him the world’s highest-paid athlete last year, according to the magazine.

Besides the deal with MGO, he also has a lifelong deal with adidas and a retail collection with Hard Rock International.

Last March, he signed an endorsement agreement with fan engagement app Socios worth $20 million annually.

In October, he launched Play Time, a company that aims to invest in promising teams and football technology start-ups.

Shaquille O'Neal, 50, has a net worth estimated at $400 million, according to Celebrity Net Worth. AP
Shaquille O'Neal, 50, has a net worth estimated at $400 million, according to Celebrity Net Worth. AP

Shaquille O’Neal

Retired US basketball Hall of Famer Shaquille O'Neal is among a slew of sports investors to participate in a new $100 million fund launched by venture capital company Courtside Ventures.

With this round, the company now has $200 million in assets under management.

Courtside Ventures has invested in more than 80 companies across eight countries, including digital sports publication The Athletic, video game streaming service Beam, online retailer StockX, fitness platform Freeletics, and non-fungible token firm FanCraze.

O’Neal, 50, has a net worth estimated at $400 million, according to Celebrity Net Worth. He earns about $60 million annually from endorsements and business endeavours, the site says.

A sizeable portion of his assets are in equities and real estate. He was an early investor in Google and has a stake in Apple, as well as owning several gyms and restaurants.

The franchises he operates include Auntie Anne’s and Five Guys restaurants, according to CNBC.

Among the brands he has endorsed are Pepsi, Reebok and Carnival Cruise Lines.

O’Neal has also explored careers in rap and film and is a DJ and music producer.

How to get there

Emirates (www.emirates.com) flies directly to Hanoi, Vietnam, with fares starting from around Dh2,725 return, while Etihad (www.etihad.com) fares cost about Dh2,213 return with a stop. Chuong is 25 kilometres south of Hanoi.
 

Kathryn Hawkes of House of Hawkes on being a good guest (because we’ve all had bad ones)

  • Arrive with a thank you gift, or make sure you have one for your host by the time you leave. 
  • Offer to buy groceries, cook them a meal or take your hosts out for dinner.
  • Help out around the house.
  • Entertain yourself so that your hosts don’t feel that they constantly need to.
  • Leave no trace of your stay – if you’ve borrowed a book, return it to where you found it.
  • Offer to strip the bed before you go.
Wicked: For Good

Director: Jon M Chu

Starring: Ariana Grande, Cynthia Erivo, Jonathan Bailey, Jeff Goldblum, Michelle Yeoh, Ethan Slater

Rating: 4/5

Who was Alfred Nobel?

The Nobel Prize was created by wealthy Swedish chemist and entrepreneur Alfred Nobel.

  • In his will he dictated that the bulk of his estate should be used to fund "prizes to those who, during the preceding year, have conferred the greatest benefit to humankind".
  • Nobel is best known as the inventor of dynamite, but also wrote poetry and drama and could speak Russian, French, English and German by the age of 17. The five original prize categories reflect the interests closest to his heart.
  • Nobel died in 1896 but it took until 1901, following a legal battle over his will, before the first prizes were awarded.
How to register as a donor

1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention

2) There are about 11,000 patients in the country in need of organ transplants

3) People must be over 21. Emiratis and residents can register. 

4) The campaign uses the hashtag  #donate_hope

Company%20profile
%3Cp%3E%3Cstrong%3EName%3A%3C%2Fstrong%3E%20Homie%20Portal%20LLC%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%20End%20of%202021%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounder%3A%20%3C%2Fstrong%3EAbdulla%20Al%20Kamda%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESector%3A%3C%2Fstrong%3E%20FinTech%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInitial%20investment%3A%3C%2Fstrong%3E%20Undisclosed%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECurrent%20number%20of%20staff%3A%3C%2Fstrong%3E%2014%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestment%20stage%3A%20%3C%2Fstrong%3ELaunch%C2%A0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Self-funded%3C%2Fp%3E%0A
Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

Gulf Under 19s final

Dubai College A 50-12 Dubai College B

MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

HIJRA

Starring: Lamar Faden, Khairiah Nathmy, Nawaf Al-Dhufairy

Director: Shahad Ameen

Rating: 3/5

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Company%20Profile
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Cargoz%3Cbr%3E%3Cstrong%3EDate%20started%3A%3C%2Fstrong%3E%20January%202022%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Premlal%20Pullisserry%20and%20Lijo%20Antony%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%3C%2Fstrong%3E%2030%3Cbr%3E%3Cstrong%3EInvestment%20stage%3A%3C%2Fstrong%3E%20Seed%3C%2Fp%3E%0A
Key findings of Jenkins report
  • Founder of the Muslim Brotherhood, Hassan al Banna, "accepted the political utility of violence"
  • Views of key Muslim Brotherhood ideologue, Sayyid Qutb, have “consistently been understood” as permitting “the use of extreme violence in the pursuit of the perfect Islamic society” and “never been institutionally disowned” by the movement.
  • Muslim Brotherhood at all levels has repeatedly defended Hamas attacks against Israel, including the use of suicide bombers and the killing of civilians.
  • Laying out the report in the House of Commons, David Cameron told MPs: "The main findings of the review support the conclusion that membership of, association with, or influence by the Muslim Brotherhood should be considered as a possible indicator of extremism."
Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

Updated: January 30, 2023, 6:13 AM