WILL MONEY FEVERED JUSTIN BIEBER CRASH IN POVERTY?

Bieber_story
As the stock market goes Topsy Turvy pals fear JUSTIN BEIBER’s out of control spending to woo GF SELENA GOMEZ will bring teen titan DOWN to earth – in the poor house!
 
 “Justin has amassed a lot of money in a very short time, but he’s not good at man­aging finances and he’s constantly trying to impress Selena,” a close friend told The ENQUIRER.
 
“It’s mind-bog­gling how much he’s spent in just the past few months.”
 
While the 17-year-old music sensation earned about $53 million in the past year, he’s blowing huge amounts of cash on Selena, 19, said the source.
 
“Justin regularly charters private planes to fly Selena and a few of her friends to meet him at various stops on his tour,” the friend revealed.
 
“When they can’t be together, he buys out florist shops and sends her enormous bouquets.
 
“During a shopping trip in New York City in late June, he treated Selena to tens of thousands of dollars worth of clothes, accessories and jewelry. Then he whisked her off to the Hamptons for a cruise on a luxury yacht.”
 
Bieber – who grew up dirt-poor – also zipped Selena to Maui in May and shelled out a whop­ping $10,000 a night to stay at the ritzy Four Seasons Hotel.
 
And when the “Wizards of Waverly Place” cutie was hospitalized for exhaus­tion and malnourishment in June, Justin dished out $30,000 for a diamond-encrusted Cartier watch to boost her spirits.
 
“Justin also spends up to $15,000 a week on din­ners and entertainment for a huge entourage of friends and bodyguards,” noted the source.
 
He’s so fiscally irre­sponsible that he sometimes walks around without credit cards, cash or even a wal­let, say insiders
 
“One false move and Justin could become a pop culture punch line like so many teen stars before him,” explained the source.
 
“His superstardom and earning power could dry up as quickly as it started.”