Table: Mona Scott-Young
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $40 million | N/A | February 15, 1967 | New York City, USA | Female | N/A | Record Executive, Talent Manager, Entrepreneur | American |
What is Mona Scott-Young’s Net Worth?
Mona Scott-Young, an American record executive, talent manager, and entrepreneur, has an estimated net worth of $40 million. Throughout her career, she has represented renowned hip-hop artists such as LL Cool J, Missy Elliot, 50 Cent, Fantasia, and Busta Rhymes. In addition to her work as a talent manager, Scott-Young is the founder of Monami Entertainment, a company that manages artists, produces projects for television and film, and even launched a line of cosmetics and beauty products. She is also a part-owner of the moscato brand MYX Fusions with Nicki Minaj.
Highlights
– Mona Scott-Young has a net worth of $40 million.
– She has represented notable hip-hop artists and founded Monami Entertainment.
– Scott-Young is part-owner of the moscato brand MYX Fusions with Nicki Minaj.
Early Life
Mona Scott-Young was born on February 15, 1967, in New York City. She was raised by her parents, who are both of Haitian descent. Scott-Young attended Park West High School and began living on her own during her teenage years. She decided to forgo college in order to support herself financially.
Career
Initially working at Radio City Music Hall in New York City, Scott-Young was approached by the Brooklyn group TrackMasters to become their manager. Accepting the position, she met music executive Chris Lighty and together, they co-founded the music management company Violator. Scott-Young played a crucial role in directing Violator to become a successful company, helping launch or revitalize the careers of numerous artists.
In 2005, Scott-Young shifted her focus to television production and became a producer on “The Road to Stardom with Missy Elliot.” She established her own production company, Monami Productions, that same year. Scott-Young’s notable work in television includes the creation and production of the immensely popular show “Love & Hip Hop,” which has since spawned numerous spin-offs and a media franchise.
Monami Productions has also produced other series and specials for networks like VH1 and Bravo. Scott-Young has been involved in ventures outside of the entertainment industry as well, including her role as the chief marketing officer of the moscato brand MYX Fusions.
Personal Life
In 2005, Mona Scott-Young married Shawn Young and changed her last name to Scott-Young. Together, they have two children, a son named Justin Young and a daughter named Jordan.
Net Worth Over Time
Mona Scott-Young’s net worth has grown significantly over the course of her career. Starting as a talent manager and co-founding Violator, she established herself as a successful figure in the music industry. With the creation of Monami Productions and the success of shows like “Love & Hip Hop,” Scott-Young expanded her influence and achieved further financial success. Her various business ventures and involvement in philanthropic organizations have contributed to her overall net worth of $40 million.
Components of Net Worth
Mona Scott-Young’s net worth of $40 million comprises her earnings from talent management, television production, her ownership stake in MYX Fusions, and other business ventures. Her successful career in the entertainment industry, along with her involvement in various philanthropic organizations, has allowed her to accumulate significant wealth.
Sources:
– Celebrity Net Worth – Mona Scott-Young
– Wikipedia – Mona Scott-Young
– Monami Entertainment Website