Scooter Braun is one of the most successful and famous talent managers of his generation, helping major stars like Ariana Grande, Justin Bieber, Demi Lovato, and many others. According to CelebrityNetWorth.com, Braun’s net worth is an estimated $500 million. However, that fortune took a hit recently when he divorced his longtime partner, Yael Cohen. But what were the circumstances of this divorce settlement, and what does this tell us about how divorces are handled in the modern era?
What’s certain is that both Yael and Scooter undoubtedly hired some of the best divorce attorneys money could buy. Whether it was an amicable split or not, both parties obviously wanted to walk away with as much cash as possible. And judging by the outcome of this divorce, it seems as though both Yael and Scooter have achieved their goals with decent levels of success.
Scooter Pays $20 Million
The main talking point here is that Scooter has handed over $20 million to his former partner, Yael Cohen. Cohen is known for founding the organization “F*** Cancer,” and she also joined the dating app Bumble as a senior advisor in 2018. Although $20 million might sound like a lot of money, it’s important to remember that this figure is notably less than $250 million – the amount that she would have theoretically been entitled to if the estate had been split down the middle. But this was never a possibility, as the couple had a prenuptial in place that obviously protected the bulk of Braun’s assets.
Scooter Keeps a Treasure Trove of Items
Not only did Scooter manage to keep the vast majority of his $500-million fortune, but he also kept a treasure trove of toys, collectibles, and other expensive goodies. Perhaps most notably, Braun kept possession of his private jet. He also kept more than 100 pieces of art, including pieces by major names like Andy Warhol and Jasper Johns. However, Cohen also kept a number of art pieces as well. In addition, Braun kept possession of several cars, including a Porsche Cayenne GTS and a Tesla Model X. Scooter even had his own electric scooter, plus a fleet of golf carts – all kept in his possession following the divorce settlement.
What Did Yael Cohen Get?
In addition to the $20-million payout, Cohen is going to stay in the couple’s $30-million home in Brentwood. It is assumed that she has total ownership of the house. She will also keep a Land Rover. Finally, she will receive $60,000 per year in child support – even though she and Braun have agreed to a joint custody arrangement for their three children.
What Does This Tell Us About High-Net Worth Divorce in the Modern Era?
Firstly, this story reaffirms the reliability of prenuptial agreements in America today. The fact that Yael walked away with a relatively small amount of Braun’s fortune is a testament to the manager’s rock-solid prenuptial. In addition, this story shows us how a typical divorce settlement is handled. The $20-million payment was intended to cover a number of things. Part of the settlement covered a lump sum spousal support buyout by Braun. Another portion of the settlement covered the splitting of real estate property.