Tommy Mottola Net Worth,Wiki,Income Source, Assets, Personal Life, Relationship

Tommy Mottola Net Worth,Wiki,Income Source, Assets, Personal Life, Relationship

Facts of Tommy Mottola Net Worth,Wiki,Income Source, Assets, Personal Life, Relationship

Net worth$200 million
Date of Birth:1949 July 14
First NameTommy Daniel
Last NameMottola
NationalityAmerican
Age:70 years old
Birth Nation: United States
Height: 5 Feet 7 Inch

Thomas Daniel Mottola is an American music executive as well as the director and head of a Sony Music Entertainment Company. And co-owner of Casablanca Records and a joint venture with the Universal Music Group. His net-worth to be around $200 million.

Source of income and house of Mottola:

Being a co-owner of Casablanca Records and a joint venture with the Universal Music Group, he earns a huge amount of salary.In February 1999, 350,000 albums and 2 million tracks had been categorized, which was sold for $72 million in late 2007.

Mr. Mottola maintains that business relationship with Ms. Carey is arms-length.He has been benefiting from a personal financial relationship with Ms. Carey.She is entitled to a percentage of his share of net profits, or about $750,000 to date, according to Mrs. Mottola In 1990, Mottola's employment contracts with Sony, winning him a bonus package worth at least $10 million for re-signing.

In 1991, The division, which gets about half of its revenues from Japanese artists, accounted for about $140 million of Sony's $450 million in operating income from records.

According to the report of 2018, the cost of his house is $19,500,000 and it is located at Keeler Lane/Hilltop Drive, North Salem, NY and his house is 11.9 acres. 10,600 square3 feet, 5 bedrooms, 6 bathrooms, 3 half bathrooms.

The house was built like traditional New England ­house white clapboard, dark shutters, columned portico gallery like contemporary interiors. A small lake near the lot helped drive the design as well, guiding the placement of the home and the sight lines inside. The few houses around it are set back, so there was a real opportunity to open up a view corridor to the water and at the same time maintain a feeling of privacy.

The Road Back of Mottola:

It was quite surprising  Mottola was quickly able to land on his feet. Not long after leaving Son.And he partnered with Universal Music Group to start his own label, Casablanca Records.

Mottola made a deal to publish a memoir, "The  Last Starmaker", which he promises will tell the full story of his early life, his career at Sony, and his rocky marriage to Carey.

 

Personal life and career of Tommy Mottola:

Thomas Daniel Motola was born on 14 June 19 In TheBronx, New York City, New York, United States. And his Nationality is American.and he is now 68 years old and has a height of 1.73m.

Daniel Mottola got married three times.And his spouses are, his first wife is Lisa Clark; married in 1971 and got divorced in 1990.And his second wife is Mariah Carey, they got in 1993 and had a divorced in 1998. And his third wife is Thalia and had married in 2000.The couple has two children, daughter Sabrina Sakaë Mottola, and son Matthew Alejandro Mottola.

He graduated from Iona Grammar School and Iona Prep. He attended military school for a time, and then high school.He pursued a music career as a guitarist and singer with The Exotics, an R&B cover band. After dropping out of Hofstra University on Long Island.

After leaving Sony Music Entertainment, Daniel Mottola build his own entertainment company, complete with recorded music, television production, theater, and fashion, alongside a branding and management company that had recently launched.

He was instrumental in re-launching the various careers of different artists like Marc Anthony and Lindsay Lohan. Later signings included Cassie Ventura and Mika.

Why Sony hired Mottol?

Mottola was hired and to run the U.S. operation by WalterYentnikoff by Sony Music( known as CBS Records) (it had recently been acquired by the Japan-based Sony corporation). 

During his tenure, he was able to transformed Sony Music Entertainment Company into one of the most successful global music companies and expanding its business into over 60 centuries creating one of the strongest management teams in the industry and replaced Yetnikoff as Chairman CEO of the newly named Sony Music.

He enabled Sony to become the first major music company to make available commercial digital downloads and he revitalized Sony Music's publishing division by making such acquisitions as the Beatles catalog and Additionally.

He was widely well-known for developing, singing and nurturing the careers of Celine Dion, Mariah Carey, Gloria Estefan, R&B group Destiny'child, Anastacia, Shakira, the Dixie Chicks etc.

He also credited with creating the "Latin Explosion" in popular music by championing such Sony artists. He also worked with Micheal Jackson from the time he began recording his "Dangerous" album.

He was also always been supportive of the black music industry, he was also the first record executive to step up and offer to help us with respect to corporate accountability when it comes to black music issues.

Social Media of Mottola:

Mottola has 244.5k Followers, 165 Following, 124 Posts on Instagram (@tommymottola). And he has 21.3K tweets, 5795 photos/videos  9.64M followers on twitter and many more.

 

 


AmericanSingerGuitaristMusic ExecutiveSony Music Entertainment Company Casablanca RecordsUniversal Music Group R&BTommy Mottola