40 Under 40: Scooter Braun

August 2, 2012

With three of his acts claiming No. 1 positions on Billboard charts (Justin Bieber, Carly Rae Jepsen and the Wanted), manager Scooter Braun, 31, continues to broaden an empire that started six years ago with the signing of Asher Roth. In May, Braun inked a distribution deal with Universal Music Group that made him the first entrepreneur in residence at UMG's Global Creative Investment Program, which invests in music-focused tech ventures.

"I struck a deal where I would have a worldwide deal but remain entrepreneurial," Braun says. "I'm able to put my [School Boy Records] acts on any label I want within the Universal system, my [SB Management] company is still completely independent, and I have a direct one-on-one consulting relationship with [UMG chairman/CEO] Lucian Grainge, who is a great mentor and very forward-thinking."

This year, Bieber has landed seven singles on the Billboard Hot 100, and his fourth No. 1 album on the Billboard 200; Jepsen's "Call Me Maybe" has sat atop the Hot 100 for eight straight weeks; and the Wanted's debut single, "Glad You Came," reached No. 1 on the Mainstream Top 40 airplay chart and peaked at No. 3 on the Hot 100.

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