How can I discipline my 16 year old younger brother?

Matthew so

New member
Our parents are dead, no other relatives. I already tried grounding him and all, taking away his stuff, it doesn't work. We have a lot of money because I'm a doctor. He keeps running away, smoking, cursing, bad finger and all that. I can't control him anymore. I try my best but his behavior doesn't improve. The only thing that seems to work is swatting him (on his butt which I did once out of anger... I regret it), but I feel bad doing it.
 
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