This is how Justin Bieber is doing things like Johnny Depp

Justin Bieber is currently reshaping his financial team, drawing a similar line to Johnny Depp and his money choices! According to tea spilled by PEOPLE Magazine, the “What Do You Mean?” singer parted ways with his former business manager, Lou Taylor, and has now hired Edward White, bringing along his expertise as Johnny Depp’s financial handler.

Reportedly, this new economic chapter started in May. “It was a mutual and seamless transition. It wasn’t a fit anymore,” a source revealed to PEOPLE. It all seemed to have started in 2022 when Justin Bieber integrated his businesses: Bieber Time Touring LLC and Justin Bieber Brands LLC, under Taylor’s Tri Star Sports And Entertainment Group, but it looks like we’re saying bye to that merge.

Edward White is the founder of Edward White & Co. and has been managing Johnny Depp since 2016. What’s more, he testified on the actor’s behalf during his public defamation lawsuit against Amber Heard.

Despite the financial change, Justin Bieber’s long-time manager, Scooter Braun, remains on board. The entrepreneur, known for working with Demi Lovato, Ariana Grande, and Carly Rae Jepsen, has ended his work relationships with all these three stars. However, he still is contractually linked to the “Sorry” hitmaker, despite both of them growing apart in their friendship.