What is Mona Scott-Young’s Net Worth?
Mona Scott-Young, a record executive, talent manager, and entrepreneur, has a net worth of $40 million. She managed prominent hip-hop artists such as LL Cool J, Missy Elliot, and Busta Rhymes.
Scott-Young founded Monami Entertainment, which manages artists, produces film and television projects, and launched a line of cosmetics and beauty products. The company is home to Grammy Award-winning artist Missy Elliott and VH1’s hit show, Love & Hip Hop.
Monami Entertainment also produced spin-offs such as Chrissy & Mr. Jones, K. Michelle: My Life, and The Gossip Game on VH1 and Donald Trump Presents: The Ultimate Merger, Cocaine: History Between the Lines, The Road to Stardom with Missy Elliott, and The New Atlanta on Bravo.
Scott-Young is actively involved in charitable and philanthropic organizations, receiving accolades from media outlets such as The National Association of Black Female Executives and Vibe Magazine. She is also a part owner of moscato brand MYX Fusions with Nicki Minaj.
Early Life and Education
Mona Scott-Young was born on February 15, 1967, in New York City. She grew up in the city and attended Park West High School. Her parents are both of Haitian descent. Despite the financial challenges she faced, she decided not to attend college and instead moved out on her own during her teenage years to work and cover her rent.
Mona Scott-Young’s Career Trajectory
Mona Scott-Young did not plan to have a career in music, management, and production, but her savvy business mind led her to accept a position as the manager for Brooklyn group TrackMasters. This decision changed the course of her career and led her to co-found the successful music management company Violator with Chris Lighty in 1996. Through her work at Violator, Scott helped launch or revitalize the careers of numerous artists, including Busta Rhymes, LL Cool J, and Mariah Carey.
Mona Scott-Young’s Work in Television, Business Ventures, and Philanthropy
Following the success of Violator, Mona Scott-Young transitioned into television, working as a producer on “The Road to Stardom with Missy Elliot” and creating her own production company, Monami Productions. She later developed the popular reality show “Love & Hip Hop,” which has spawned a media franchise and several spin-off series, all produced by Monami Productions.
In addition to her work in television, Scott is part owner and chief marketing officer of the moscato brand MYX Fusions, involved in philanthropic organizations, and has received recognition for her success, including the Marketer of the Year award and being named “Reality TV Royalty” at the MTV Movie & TV Awards.
Family Life of Mona Scott-Young
Mona Scott-Young married Shawn Young in 2005 and changed her last name to Scott-Young. Together, they have a son named Justin Young who is pursuing a career in music. In 2003, they had a daughter named Jordan.
You May Also Like
ncG1vNJzZmiopaG9ta3SraCcZpOkunC5zqeYZquTpMG1ediorKefXaOytXnWqKmtoF8%3D