Scooter Braun is an American music manager. Justin Bieber got Scooter Braun’s career going. In 2006, when Bieber was only 12 years old, Scooter found him on YouTube. Scooter built an empire around the huge success of Justin’s career.
Today, he manages artists, invests in song catalogs, and does much more. Scooter sold Ithaca Holdings, his music investment company, to a South Korean conglomerate for $1 billion in April 2021. Later in this article, we’ll talk more about this transaction.
A Look at Scooter Braun Early Life
Scooter was born on June 18, 1981, in New York, New York, to Scott Samuel Braun. Braun was a good athlete in high school and has won awards for his movies.
He went to Emory University, and while he was there, he started planning parties. His parties got so popular that Britney Spears, Eminem, and Ludacris asked him to plan after-parties for them. He was then asked to work for So So Def Records, which is owned by Jermaine Dupri. Even though he was still in college, he was made the head of marketing.
After his junior year, Scooter quit school to focus on his career. He was in charge of events for both the NBA and Britney’s Onyx Hotel Tour. One of his biggest early wins was getting Ludacris and Pontiac to work together on a $12 million marketing deal. Ludacris drove a Pontiac in one of his music videos, and one of his songs was used in a commercial for Pontiac.
Where Did Scooter see Justin Bieber?
In 2006, Scooter saw a YouTube video of a 12-year-old boy named Justin Bieber singing a song by Ne-Yo. Scooter got in touch with Justin’s mother, Pattie, and talked her into coming to Atlanta for a trial visit. After working with Justin and Pattie for a few weeks, he finally got them to move from Canada to the United States.
Once Scooter was in the US, he told artists like Justin Timberlake, Ludacris, and Usher Raymond about Justin. Then, Usher got his mentor, L.A. Reid, to sign Justin to a deal with Island Def Jam as the first artist under the newly formed Raymond-Braun Music Group. You probably already know that Justin Bieber became one of the biggest pop stars in the world, selling hundreds of millions of albums and singles around the world.
Scooter Braun’s main job these days is managing talent, but he also runs his own record label, Schoolboy Records. Asher Roth, Cody Simpson, Ariana Grande, Martin Garrix, Carly Rae Jepsen, Psy, The Wanted, Tori Kelly, and many more are among his clients. Braun won the 2016 International Music Industry Award for Best Talent Manager. In 2012, he was on the cover of the Forty Under Forty issue of Billboard magazine.
He was on the cover again the next year, this time with Troy Carter and Guy Oseary. Braun was given the Humanitarian Award at the 2016 Billboard Touring Awards for all the good things he has done for people in need. CL, Rixton, The Black Eyed Peas, Todrick Hall, Karlie Kloss, Cody Simpson, Lil Dicky, The Knocks, Madison Beer, and Cruz Beckham are some of the other artists that School Boy Records has worked with.
Scooter Net Worth
According to celebritynetworth Scooter Braun has $500 million. He became successful and wealthy by helping other artists become successful. Judging by his properties, ongoing projects, and all the projects he is currently working on, it seems likely that this man’s wealth will continue to grow in the near future.
Scooter’s Marriage And Divorce
In 2014, Scooter Braun got married to Yael Cohen, who was a philanthropist and health activist. Before he filed for divorce in July 2021, they had three children together. In September 2022, they officially split up.
Scooter gave Yael a $20 million “equalization payment” as part of their divorce agreement, and he will pay her $60,000 a month in child support. Yael kept their more than $30 million Brentwood home, which we’ll talk about in a moment, as well as a few pieces of art, some bank accounts, and a Land Rover Defender.
Scooter took his $65 million Brentwood mansion, a $40 million Gulfstream G450 private jet, and more than 100 pieces of art worth more than $100 million with him when they broke up.
Real Estate of Scooter
Scooter and Yael spent $13.1 million to buy a mansion in Brentwood, California, in November of 2014. Since 2018, David and Diane, Yael’s parents, have owned a $12.5 million house across the street. Scooter and Yael bought the house next door for $18 million off-market in January 2020. John Travolta and his wife Kelly Preston sold the house. They bought it for $3.5 million in 1993.
Scooter put his old home on Sunset Strip up for sale for $4.6 million in 2014. In 2014, he put up for sale his second home in Los Angeles for $11.6 million. He paid $5.7 million for this house in 2011. They had a house in Montecito, California, before. They bought the house for $10,9 million in 2014 and sold it for $28 million in September 2021.
In September 2021, Scooter bought a $65 million mansion in Brentwood. This was a few months after he filed for divorce. Scooter sold a house on the water in Austin, Texas, for $18 million in February 2022. He bought the house two years ago, but he didn’t say how much he paid for it.
Ellen DeGeneres sold Scooter a home in Montecito called Villa Tragara for $36 million in September 2022. Here is a tour of that house on video.
Also read: Nick Prugo Net Worth: Is He a Member of “The Ring of Bling”?
Scooter Started Ithaca Holdings LLC
Scooter started Ithaca Holdings LLC, an investment and holding company, in 2010 with $120 million in venture capital from companies like Spotify and Uber. In 2017, Carlyle Group, a private equity firm, bought a small share of Ithaca.
In 2019, Carlyle Group put in another large amount of money at a valuation of $800 million. Braun is still said to own most of the company after the investment. Ithaca has businesses in many different fields, such as television, film, and technology.
Also read: Lenny Kravitz Net Worth: How Did He Begin His Professional Life?
Awards & Achievements of Scooter
Scooter Braun’s work rate in the music business has gotten a lot of attention since he found his place at the center of the business at age 19. For all of his hard work, he has been able to get money, fame, and the thanks and awards that he deserves.
In 2016, at the “International Music Industry Awards,” he was named “The Best Talent Manager.” Time once put him on its list of the top 100 people. In August 2012, he was also in a special issue of Billboard called “Forty Under Forty.”
Scooter Braun the American music manager has a net worth of $500 million. His biggest early wins were getting Ludacris and Pontiac to work together on a $12 million marketing deal. His clients include Ariana Grande, Rixton, The Black Eyed Peas, Todrick Hall, Karlie Kloss, Lil Dicky, The Knocks, and Cruz Beckham.
Scooter and Yael Cohen had three children together before he filed for divorce in 2021. Ellen DeGeneres sold Scooter a home in Montecito called Villa Tragara for $36 million in September 2022.
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