Justin Bieber to quit entertainment?

Music icon Justin Bieber who found fame on Youtube and became an international sensation with millions of fans, has announced he will call it quits.

According to a report in USA Today, the young star made the announcement while on air with the radio station Power 106.

Bieber will retire officially after his new album is released. Entitled 'Journals', which is set to drop on December 23rd.

It is not clear whether this news is a hoax or a drum roll for a surprise exit. It could actually be a marketing gimmick to create such hysteria ahead of the release.

What we can say is the 19 year old's net worth is considered to be around $130 million as of 2013 and is currently in the 10 ten most powerful celebs according to Forbes.

Beyonce Knowles recently launched a media blitz to sell her new album 'Surprise'. This could be just another version of it. Can Bieber outsell her?