Provided are a lubricant composition which is advantageous in that, when applied to a contact area of metal parts, the lubricant composition can suppress generation of rust and can exhibit excellent lubricating performance, and a bearing the lubricant composition having sealed therein. A lubricant composition comprising at least one dicyclic liquid crystal compound represented by the following formula (1), at least one tricyclic liquid crystal compound represented by the following formula (2), and halogen ions, wherein the content of the halogen ions in the lubricant composition is 1 to 900 ppm.