Scott Borchetta net worth: Scott Borchetta is an American businessman who has a net worth of $50 million. Scott Borchetta was born in Burbank, California in July 1962. He is best known for founding the label Big Machine Records. Borchetta is also known for discovering singer-songwriter Taylor Swift. He started the record label in 2005 and is the President and CEO of the company. Borchetta became an in house mentor for the Fox television series American Idol for the show's 14th season in 2015. Before he founded Big Machine Records Borchetta was a race car driver. He also worked in the Nashville, Tennessee division of DreamWorks Records and MCA Records. Borchetta also worked at MTM Records which is a division of actress Mary Tyler Moore's MTM Enterprises. Taylor Swift has been Big Machine's most successful artist and won the label a Grammy Award for Album of the Year for Fearless in 2010. Borchetta also signed artists Jack Ingram and Danielle Peck.
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