The statement comes amid rumors that Justin's $31.5 million settlement with Scooter Braun was postponed in timing with Hailey's e.l.f. Beauty deal in May

The pop star's wife Hailey was also in attendance at the L.A. celebration, putting to bed any break-up rumors.

Justin Bieber is reportedly depending on his wife, Hailey Bieber, to pay his $31 million settlement with Scooter Braun. A source told TMZ on Thursday that a term within the settlement specifies that Justin won’t have to pay his former manager until Hailey’s Rhode $1 billion deal with e.l.f. Cosmetics hits their bank account.

Hailey Bieber's rep shut down rumors that her husband Justin Bieber needed the money that the model made from her $1 billion Rhode Skin deal to pay off his debt to his former manager Scooter Braun.

Hailey Bieber reportedly drew the line over bringing her Rhode deal into Justin Bieber and Scooter Braun’s debt settlement. A representative for the beauty and fashion mogul told the Daily Mail that she plans on keeping her brand “separate” from Justin and his “business affairs.

The Biebers stayed in a luxury villa in Mallorca for Hailey's Rhode launch. The trip was an important move for Hailey's business, and a source tells PEOPLE both she and Justin are thrilled to see the company's growth.

He] doesn’t particularly handle [fame] well,” a source close to he singer told Page Six, suggesting personal demons haunt the pop star and his young family.