Facts of Scooter Braun
|Full Name||Scooter Braun|
|Profession||Entrepreneur, Record executive, Talent manager, Investor|
|Birth City||New York, New York|
|Birth Country||United States|
|Spouse||Yael Cohen (m. 2014)|
|No Of Children||2|
|Date of Birth||June 18,1981|
Scooter Braun, an American entrepreneur, talent manager, and entertainment executive is the founder of media company SB Projects. The 2016-Grammy Award nominee, Braun manages artists like Justin Bieber, Ariana Grande, Martin Garrix, Psy, Carly Rae Jepsen, that has earned him a hefty sum.
Also, the co-founder of the comic-film studio, Mythos Studios alongside Hollywood producer David Maisel, Braun owns $50 million net worth. As a matter of fact, he was listed on the annual Time 100, Most Influential People in 2013. Grab details on Scooter Braun’s net worth, assets, earnings, expenses & insurance here.
Scooter Braun’s Net Worth: Income Sources & Earnings
From his journey with Emory University drop-out to artist manager to entrepreneur, Scott has made million dollars walk. Initially, Braun worked as head marketing for Jermaine Dupri label So So Def and later moved on for a private business venture.
As of March 2019, Scooter aka Scott Braun owns an estimated net worth of $50 million. Back in 2017, his overall fortune was $23 million.
The major source of his income is his career as a talent manager and entrepreneur. Well, he represents celebrities like Justin Bieber, Ariana Grande, Martin Garrix, Psy, Carly Rae Jepsen, Dan + Shay, Zac Brown Band, Kanye West, and Tori Kelly.
For a fact, the average salary of a talent manager is $95,000 per year, while the high-profile managers like Braun can bag up millions.
SB Projects Career
After leaving So So Def, Scott began his own marketing venture, and broke $12 million for campaign deal between Ludacris and Pontiac in 2004, for the music video Two Miles an Hour featuring Pontiac.
Moreover, in 2009, he founded SB Projects, included in Braun’s Ithaca Ventures. His company raised $120 million in 2010 for venture capital.
It was reported that in 2018, Ithaca was under $500 million management, which would back J.D Roth’s Good Entertainment for an unscripted, live event, and documentary films.
Association With Justin Bieber
After discovering Justin Bieber in 2008, Scooter Braun has been working with the Canadian singer since then. In 2012, he managed Bieber an $80 million guarantee on for the tour.
For a fact, back on February 11, 2011, Scott Braun produced Never Say Never, a documentary on pop star Justin Bieber. It became one of the highest grossing music documentaries in domestic box-office.
Reportedly, the documentary made $100 million gross over the budget of $13 million.
Endorsement & Brokering
Meanwhile, the report on Braun’s endorsement is yet to be out. Well, his company SB Project joined David Maisel, founding chairman of Marvel Studios and formed Mythos Studios in 2018. The studio will produce comic-book movie franchises.
Alongside talent managing, Scott’s company SB Project also has hands on television campaigns, branding, music-licensing deals, and tour sponsorship.
SB Projects’ brokering work includes Justin Bieber's Calvin Klein endorsement for the 2016-2017 Purpose World Tour and Kanye West's partnership with Adidas.
Assets-Houses And Cars
Currently, Scooter Braun lives in his Los Angeles mansion with his wife and 3 children. The American entrepreneur bought the 11,137 sq.ft property back in November 2014 for $13.1 million.
Well, the mansion was previously owned by former Dreamworks CEO Stacey Snider, before putting the property in the market in summer 2014 for $15.495 million. The asking price later dropped to $13.95 million before Braun snatched for $850,000 less.
Also, Scooter owns a mansion in Hollywood Hill, purchased in August 2011 for $5.7 million. Sources cite the property is expected to hit the market with $10 million soon.
The SB Projects founder formerly owned Sunset Strip home in California. He sold it in January 2015 for $3.925 million, which is $1.475 million profit over his original expense of $2.45 million on house bought in 2012.
Unlike other celebrities, Braun doesn’t seem crazy about luxury cars, though has an impressive collection including Mercedes, Lambo, Chevrolet, and Vox Wagon.
Fun Fact: Scooter Braun gifted Bieber a 2012 Fisker Karma Worth $100,000.
Insurance & Taxes
Well, Scooter Braun owns 2 massive million-dollars worth properties in California. His $13 million LA mansion seeks him $103,000 property tax while another Hollywood Hill mansion calls out around $63,000.
Also, Braun sure may have pretty good home insurance; LA has the most expensive home insurance premium of $2,184 per year.
Aside from assets, Scooter’s earnings results in quicksand due to income taxes, that includes 37% Federal Tax, 2.35% FICA tax and 13.3% State Tax.
For Instance, upon Braun’s yearly income of $10 million, he will pay $3.363 million for Federal and $1.279 million for State tax resulting in a total tax of $5.15 million.
Alongside money business, Scooter Braun is also active in philanthropic works including Braun Family Foundation. He has active participation on Pencils of Promise and has built more than 200 schools in Asia, Africa, and Latin America alongside Justin Bieber.
In 2017, Braun’s company and clients became the organization granting wishes for Make-A-Wish, more than any other.
He won the Humanitarian Award at the 2016 Billboard Touring Awards.
Scooter Braun’s Personal Details-Age, Wife, Children
Braun was born Scott Samuel Braun on June 18, 1981, in New York City, the United States. His parents Ervin and Susan are Jewish. He has 4 siblings including social worker brother Adam Braun.
Scooter aka Scott attended Emory University in Atlanta but dropped out later.
An American by nationality and of white ethnicity, Braun’s age is 37 as of March 2019.
He is a married man and currently lives with his wife Yael Cohen, a Canadian health activist. Following 2 years of dating, the couple married on July 6, 2014, and shares 3 children. They are parents of 2 sons, Jagger Joseph and Levi Magnus and a daughter Hart Violet.