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Scooter Braun Buys $65 Million Los Angeles House – DIRT (www.dirt.com)

Although it seems a good bet he won’t be receiving a housewarming gift from arch-nemesis Taylor Swift, Scooter Braun has moved out of his family home to set up shop in Brentwood’s bucolic Mandeville Canyon, where he’s dropped a staggering $65 million on an all-new, strikingly trendy mansion that had originally been offered at $70 million. Despite the slight discount, the sale represents the priciest residential deal in Brentwood history, and the second-biggest ever inked on all of L.A.’s Westside, behind only a Pacific Palisades palace that was sold, over the summer, for $83 million to a still-unidentified buyer.

Braun, 40, is still primarily known to the public as a music manager — the longtime driving force behind the white-hot careers of Justin Bieber and Ariana Grande — but has morphed into a powerhouse investor and media mogul in recent years, with a borderline uncanny knack for being in the right place at the right time. Earlier this year, he sold his Ithaca Holdings conglomerate to South Korean juggernaut HYBE in a deal valued at north of $1 billion. And in 2019, he paid more than $300 million for Big Machine Label Group and the master rights to Taylor Swift’s first six albums, before flipping those assets for a big payday — moves that pitted him squarely, and very publicly, against Swift herself. But Braun might argue that one doesn’t climb to the top without stepping on a few toes along the way, and that sort of crafty dealmaking has helped the Connecticut native become a Hollywood powerhouse, with a widely reported net worth believed to top $400 million.

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