American talent manager and record executive Scott Samuel Scooter Braun was born on June 18, 1981. He founded Schoolboy Records and Ithaca Ventures is a co-founder of TQ Ventures, Mythos Studios, and RBMG Records, and is a co-owner of the esports team 100 Thieves. He is well known for managing musicians including Ariana Grande, Justin Bieber, J Balvin, Demi Lovato, and other artists.
Early Life
Scooter was given the name Scott Samuel Braun on June 18, 1981, in New York, New York. During his time in school, Braun was an accomplished athlete and a celebrated director. When he was a student at Emory University, he started planning events.
As a result of the success of his parties, he was invited to plan the after-parties for celebrities like Britney Spears, Eminem, and Ludacris. He was then given the opportunity to join Jermaine Dupris So So Def Records. While still a college student, he was named the executive director of marketing.
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Scooter Brauns Net Worth
A music manager from the United States with a $400 million fortune, Scooter Braun Scooter found Justin Bieber on YouTube in 2006, when the musician was just 12 years old and went on to make his first fortune.
Scooter then started an empire that consists of artist management, song catalog investments, and other things nowadays. A South Korean corporation purchased Ithaca Holdings, Scooters music investment company, for $1 billion in April 2021. This post will go into more detail later.
Scooter Brauns Career
Taylor Swift accused Scooter Braun of incessant, manipulative bullying after he paid $300 million to buy the Big Machine Label Group, which propelled Braun to fame.
Scott Borchetta, who is known for signing Taylor Swift after seeing her play at Nashville Cafe when she was only 15 years old, created and owns the business.
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With the purchase agreement, Braun became the owner of a group of musicians that included Lady Antebellum, Florida Georgia Line, Thomas Rhett, and Sheryl Crow. Additionally, he acquired ownership of Taylor Swifts first six albums.
Personal Life and Real Estate
In 2014, Scooter Braun wed Yael Cohen, a health advocate, and philanthropist. Before he filed for divorce in July 2021, the couple had three kids. A mansion in Brentwood, California, cost Scooter and Yael $13.1 million to buy in November 2014. David and Diane, Yaels parents, have had the $12.5 million home across the street since 2018.
Scooter and Yael spent $18 million off-market to purchase the home next door in January 2020. The mansion was purchased in 1993 for $3.5 million by John Travolta and his wife Kelly Preston, who are now the sellers. 2014 saw Scooter list his former Sunset Strip residence for $4.6 million. He put a second Los Angeles house up for sale in 2014 for $11.6 million. For $5.7 million, he purchased this home in 2011.
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Prior to this, they had a house in Montecito, California. They purchased the house in 2014 for $10.9 million, and in September 2021, they sold it for $28 million. Scooter purchased a $65 million mansion in Brentwood in September 2021, a few months after declaring his divorce. A waterfront property owned by Scooted was sold for $18 million in February 2022 in Austin, Texas. He had secretly bought the house two years earlier for an undisclosed sum.
Ithaca Holdings Llc
With $120 million in venture capital money obtained from companies like Spotify and Uber, Scooter established Ithaca Holdings LLC as an investment and holding company in 2010. The private equity company Carlyle Group invested in Ithaca as a minor shareholder in 2017.
A significant new round of funding worth $800 million was added in 2019 by Carlyle Group. Braun allegedly remains the dominant owner following the investment. Ithaca owns businesses in a variety of sectors, including technology, television, and cinema.
Scooter Brauns House
In 2014, Scooter Braun and Yael Cohen spent $13.1 million on a home in Brentwood, California. For an additional $10.9 million, the couple purchased a home in Montecito, California. They marketed it in 2021 for $28 million. In addition to his home in Brentwood, Scooter Braun also owns a mansion nearby. John Travolta and his late wife Kelly Preston purchased the estate in 1993 for $3.5 million. They were the previous owners.
For $18 million, Braun paid for the property. Braun spent $65 million buying a Brentwood farmhouse in 2021. The farmhouse has cutting-edge amenities and 19,000 square feet of space. The acquisition deal is currently the second-largest home transaction in Brentwood and the second-largest residential transaction in the Westside of Los Angeles.
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