Here’s Whether Hailey Bieber’s $1 Billion Rhode Acquisition Will Pay Off Justin Bieber’s Multi-Million Dollar Settlement

Hailey Bieber‘s business is standing on its own regardless of speculation on the future of her $1 billion Rhode deal.

A person poses on the red carpet in a sleek black suit with a plunging neckline, accessorized with elegant diamond jewelry — Theo Wargo / FilmMagic

On July 10, Hailey’s husband, Justin Bieber, reportedly settled a financial dispute with his former manager, Scooter Braun.

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The “Peaches” singer reportedly agreed to pay $26 million to Scooter’s company, HYBE, to reconcile money they paid to AEG for his canceled 2022 Justice tour, according to insider sources to People and TMZ.

A person in a suit with a yellow ribbon pin is at an event with a dark backdrop featuring logos and the number 30 — Jemal Countess / Getty Images fo Anti-Defamation League

In addition, Justin agreed to pay $5.5 million to cover half of the $11 million in unpaid commissions he reportedly owed Scooter, bringing the total to $31.5 million.

Two men perform on stage with microphones. One wears a casual sweatshirt and cap, the other a leather jacket. Audience visible in the background — Jeff Kravitz / FilmMagic

On the same day the settlement was reported, we learned Justin was releasing his seventh album, Swag, and launched his new fashion brand SKYLRK.

A shirtless person with tattoos performs on stage, wearing a backwards cap and pearl necklace, arms raised. Backup performers are in the background — Joseph Okpako / WireImage

Amidst this, speculation arose that Justin’s settlement was postponed to line up with Hailey’s $1 billion Rhode acquisition from e.lf. Beauty in May to help with his debts.

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But, according to People, a rep for Hailey revealed that Rhode’s financial business is not associated with Justin’s settlement. “The historic sale of Rhode is a huge accomplishment for Hailey and is completely separate from her husband and his business affairs.”

Person in a sleek strapless gown poses in front of a display with small product tubes on shelves — Dave Benett / Dave Benett/Getty Images for Rhode

Rhode was launched back in 2022 with Hailey as the founder, and now that it has been acquired, she will also serve as a strategic advisor, a chief creative officer, and head of product innovation to oversee marketing and innovative production. In May, a source told People, “This deal came to her,” and she didn’t even have to seek a buyer.

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“She’s incredibly excited about this new step. She’s proud of how far rhode has come, and she truly believes that teaming up with e.l.f will help take the brand to the next level. The resources and support they’re bringing to the table are everything she’s been hoping for.”

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“To be acquired and recognized by such a powerful global company feels like such an honor to her. She can’t wait to take Rhode global. She also received a generous cash payout as part of the deal.”