‘Love & Hip Hop’: What is Mogul Mona Scott-Young’s Net Worth?
Mona Scott-Young is responsible for birthing the Love & Hip Hop franchise on VH1. If you’ve spent at least five minutes flipping through the channels on a Monday night (or a weekday for encore presentations) and landing on VH1, then no doubt you are familiar with the show. The reality series launched its first season in 2011 with a look at the lives NY-based rappers and their significant others and has since branched into other cities.
It’s the product of Scott-Young and her partners, and the series has been a springboard for many of its stars and has also spawned multiple spinoffs. But what is known about the woman behind Monami Entertainment and the Love & Hip Hop universe? Here’s a peek at Scott-Young’s background and her current net worth.
She is not an amateur in the entertainment game
Scott-Young fondly recounts her early days in the music industry where she worked as part of the team for Violator Management. It was around 1990 when she connected with hip hop producers Trackmasters, who were then a team of four. In an old interview with the Syndies, Scott-Young said that during that time, she wasn’t really into music, but she was working in artist development and the Trackmasters liked her talents.
During that time, she said she took the opportunity to learn the business from the ground up and built up her acumen working with a number of artists, producers, and others in the entertainment industry. She and the late Chris Lighty started Violator Management together. Scott-Young also shared that she encountered her share of obstacles as a woman, as a music outsider, and as someone who wasn’t part of a clique. But she persevered.
She—along with Lighty—helped to build Violator Management and Records from scratch and went on to work with clients such as Missy Elliott, 50 Cent, and Busta Rhymes. To this day, she still manages Missy, and through her, Scott-Young made her first entry into the world of television.
What inspired ‘Love & Hip Hop’ as a series
Back in 2016, Scott-Young told Billboard that VH1 already had a project in the works with rapper Jim Jones and his girlfriend, Chrissy Lampkin, thanks to Yandy Smith. Smith, who used to be Scott-Young’s intern, brought her and her team on board and expanded the docuseries. It morphed to include an ensemble cast of women and their men who are navigating the hip hop world. Since then, LHH has landed in Atlanta, Miami, and Hollywood.
If you’ve watched any version of Love & Hip Hop, you’ve seen the Monami Entertainment logo in the credits. In addition to the popular series, Scott-Young has played a part in spinoff shows including K. Michelle: My Life, Stevie J & Joseline Go Hollywood, and Leave It to Stevie.
Scott-Young’s ventures are still growing and building up her net worth
Besides entertainment, Scott-Young is in league with Nicki Minaj for the MYX Fusions wine line. She serves as the Chief Marketing Officer and a co-owner for the Moscato brand which is continuing to expand its lineup of beverages.
Additionally, the entertainment mogul inked a deal with Lionsgate TV last year to create both scripted and unscripted content. Variety reported that both parties are looking to increase their reach to touch new audiences.
It should also be noted that Scott-Young released a novel in 2018 titled Blurred Lines, her debut as an author.
So, what’s Scott-Young’s net worth these days? Numerous websites, including Celebrity Net Worth, have reported that her net worth is $30 million, but this is a claim Scott-Young has refuted. Although she understandably has NOT shared any figures, she told Billboard that if she was a $30 million-dollar woman, she’d be on her own private island. One can assume she is working toward it.