Justin Bieber’s net worth. How much do you think this young R&B pop sensation is worth? Bieber, the 16-year old Canadian pop star is worth an estimate of $5.5 million. Bieber’s first album My World was released on November 17, 2009 which was eventually certified Platinum in the U.S. and Canada; and Silver in the UK.

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more about Justin after the jump…

 Bieber was born on March 1, 1994 in Stratford, Ontario, Canada. Bieber’s mother, Pattie Mallette, was 18 when she was pregnant with her son. Bieber was raised by his mother Mallette, who had low-paying office jobs, though Bieber maintains contact with his father.

As he grew older, he taught himself to play various musical instruments including the piano, drums, guitar, and trumpet. In late 2007, Justin came second in a local competition singing Ne-Yo’s ‘So Sick’; his mother Mallette posted a video of his performance on YouTube for their family and friends to see. She continued to upload videos of Bieber singing different R&B songs, and Bieber’s popularity on YouTube really started to fly.

Scooter Braun, a former marketing executive of So So Def accidently clicked on one of Bieber’s videos. He was so impressed and he tracked down Bieber’s mother Mallette. Mother Mallette was at first reluctant but eventually allowed Braun to fly Bieber, then 13, to Atlanta, Georgia to record demo tapes. A week after arriving in Atlanda, Bieber sang for Usher who arranged an audition with Island Def Jam Music Group, who in turn signed Bieber to Island Records in October 2008. And the rest is history!

At 16, Justin has it made! And for his 16th birthday, he got a Range Rover!

Do you think Justin Bieber will someday be as big as Justin Timberlake?

photos: Bauer Griffin

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