Justin Bieber’s Manager Scooter Braun Breaks Record by Selling Texas Mansion for $18.5 Million in Bitcoin
Justin Bieber’s manager Scooter Braun recently broke a record by selling his home in Texas for $18.5 million in Bitcoin. Here are more details about the property, the cryptocurrency sale, and Braun’s net worth.
Scooter Braun manages several stars, including Justin Bieber, Ariana Grande, and Demi Lovato
Manager Scooter Braun is best known for his work with famous clients like Justin Bieber, Demi Lovato, J Balvin, and Ariana Grande. He also had Kanye West as a client at one time, who famously tweeted, “I no longer have a manager. I can’t be managed,” after parting ways with Braun. Braun has cultivated the careers of several stars, catapulting them to the heights of fame, making a fortune for both himself and his clients in the process.
The music manager is also known for his feud with Taylor Swift. In 2019, Braun acquired the master recordings of Swift’s first six albums in his company Ithaca Holdings’ purchase of Big Machine Records. Swift shared a scathing Tumblr post in which she claimed she was never given the opportunity to purchase her own masters and accused Braun of “incessant, manipulative bullying” for years.
Justin Bieber’s manager broke a record by selling his Texas mansion for $18.5 million in Bitcoin
On Mar. 1, The Wall Street Journal reported that Scooter Braun sold his waterfront mansion in Austin, Texas, for about $18.5 million. Wayne Vaughan, CEO of blockchain startup Tierion, purchased the luxury home. Braun acquired the property just two years ago in 2020, but the celebrity talent manager will not be homeless: in 2021, he bought a mansion in Los Angeles for $62 million.
The 1.9-acre Texas property is located on Lake Austin, about 10 miles from downtown Austin. The home boasts six bedrooms, a guest house, a pool, and a private dock.
According to Crypto Potato, Braun was paid in Bitcoin. The sale of his Austin mansion marked the biggest cryptocurrency real estate transaction in the history of Texas and one of the largest in the country to date.
What is Scooter Braun’s net worth?
With Scooter Braun making record-breaking cryptocurrency transactions, fans may want to know how much wealth Justin Bieber’s manager has accumulated. According to Celebrity Net Worth, Braun has a net worth of about $400 million.
The celebrity talent manager made his fortune through more than just working for music stars. He also owned an investment firm, Ithaca Holdings, which he sold to a South Korean conglomerate for $1 billion in 2021.
Braun runs his own record label, called School Boy Records. Some of the artists that School Boy Records has worked with include The Black Eyed Peas, Hilary Duff, Asher Roth, Lil Dicky, The Kid LAROI, and David Guetta.
The talent manager has also made several lucrative real estate investments. In 2014, he sold a home in LA for $11.6 million after purchasing the property for $5.7 million in 2011. He bought a Montecito home in 2014 for $10.9 million and sold it in 2021 for $28 million.
