Justin Bieber EMPIRE & Money Management! Scooter Speaks!

At just 18 years old, Justin Bieber is worth a reported $105 million and is ranked No.3 on Forbes’ list of “The World’s Most Powerful Celebrities,” behind Lady Gaga and Oprah and just ahead of U2. Since Justin Bieber was still a minor when he started to earn the big money, his manager, Scooter Braun put in place a system of checks and balances for Justin.

Scooter explained to Business Insider after accepting an award at the Tribeca Disruptive Innovation Awards ceremony in New York City on Friday.

After the financial bootcamp he is being put through,  unlike most child stars, it’s doubtful Justin will lose what he has earned as a minor.