Justin Bieber sold his spectacular Ferrari at the Barret-Jackson auction in Arizona on Saturday (21.01.17).
But the money is not going to his pockets, as Justin is reportedly donating everything to charity.
A source said: "Justin is going to donate the proceeds from the auction to charity. He hasn’t decided which one yet, but it will likely be either Pencils of Promise, City of Hope or Children’s Miracle Network – maybe even a combination of the three."
The insider said Justin has unfairly developed a bad reputation over the years, despite all of the generous things he does.
The source told Hollywood Life: "Justin gets such a bad rap but he has a heart of gold. He does so much to give back, and to help those in need, but people never care about that, all they focus on is the times he messes up.
"Honestly, people have no idea how much Justin does for various different charities. He has a huge heart and never stops giving."
This comes shortly after the chart-topping star said he "can’t listen" to The Weeknd’s music and described it as "wack".
The ‘Can’t Feel My Face’ hitmaker has been spotted romancing his ex-girlfriend Selena Gomez in recent weeks – and Justin clearly isn’t a fan.
Asked if he listens to The Weeknd’s music, he said: "Hell no I can’t listen to a Weeknd song! That s**t’s wack."