Hailey Bieber's Rhode Sold for $1 Billion: Debunking the Justin Bieber Bankruptcy Rumors

Hailey Bieber's Rhode Skin Sells for $1 Billion: Dispelling the Justin Bieber Bankruptcy Rumors Hailey Bieber recently announced the sale of her skincare brand, Rhode, to e.l.f. Beauty for a staggering $1 billion. This significant deal has sparked widespread speculation online, with many suggesting that Justin Bieber's recent financial struggles were the driving force behind the sale. However, a recent video by content creator Dimi Adams clarifies the situation. "Many people are assuming Hailey sold Rhode because Justin is broke," Adams explains in his video. "But that's not the case." Adams goes on to detail the sale, explaining the financial aspects and Hailey's continued role in the company. While the online rumors persist, Adams' video provides a more nuanced perspective on the situation, emphasizing that the sale was a strategic business move and not a response to any financial crisis. The sale of Rhode is a testament to Hailey Bieber's entrepreneurial success. The deal also highlights the growing interest in the beauty industry and the power of celebrity endorsements. The rumors surrounding Justin Bieber's finances, while unsubstantiated, underscore the intense public scrutiny faced by celebrities.