Tommy Mottola is an Italian American music director who has gained much popularity in the American Music Industry. Born to an Italian family he always loved music since his early childhood. He pursued his profession passionately through which rewarded him in which he was able to turn artists into stars within a very short period of time. He is the co-partner of the Casablanca Records together with the Universal Music Group. In addition to this, he has also led Sony Music Entertainment for a period of fifteen years. Keep reading this article to know more about the net worth of Tommy Mottola in 2020.
Early Life & Biography
Tommy Mottola was born on 14th July in 1949 in which his full birth name was Thomas Daniel “Tommy” and was born to Peggy Bonnetti his mother who was a home maker and his father by the name Thomas Mottola Senior who was a customs broker. His father used to work as a custom broker in the New York City which made them move in a middle-class suburb at New Rochelle while Tommy was still at his tender age.
He developed much interest during his young age in music from which he used to play a trumpet though later began playing guitar in his teenage years. He studied at Grammar School where he graduated in the year 1962 and then went to Lona Prep where he graduated in the year 1966. As he used to skip much of his classes, he was put into a military school known as Admiral Farragut Academy for a short while. He later joined the Hofstra University also known as Long Island where he commenced his music career both as a singer as well as a guitarist.
Tommy Mottola tied knots with Lisa Clark in the year 1971 who was a daughter of the ABC records owner known as Sam Clark. Together with the couple they had 2 children known as Sarah and Michael. They however divorced in 1990. He then tied knots in the year 1993 with Mariah Carey who they divorced in 1997 due to age differences. He then married Thalia in 2000 whom they have two children known as Matthew and Sabrina.
Career, Awards & Nominations
Tommy’s career commenced as a singer in an R&B band known as The Exotics as well as Epic through which he was referred as T.D. Valentine. He later came across a duo in the 1970s known as Hall & Oates in which he advice the then manager to be fired and then get himself signed in. he joined and got much fame. After this he formed his own management company which was referred as Don Tommy Enterprises and later changed it to Champion Entertainment.
Following his outstanding performance, he was then appointed as the President of Columbia records as well as its subsidiary known as Sony Music by the CBS Records. The company was later bought in which it resulted in Mottola being the president of United States division of Sony Music in the year 1990 which he expanded it to much success becoming one of the top music companies in the world.
He nurtured several artists into stars and left Sony in 2003 through which he commenced his own entertainment firm for fashion as well as theatre to music and television. He also has co-authored books as well as co-owns the Casablanca Records. He was nominated for Cable-ace awards for the Carly in Concert: Coming Around Again.
Net Worth & Earnings
Tommy Mottola has an estimated net worth of $450 Million. This is from the bounteous earnings he has made through the expansion of the Sony Music Company from which he had a large contribution in this. His major contribution in the made this company to be one of the leading music companies in globally where it expanded to 60 countries hence giving him much earnings from his wonderful management.
His outstanding management in the Sony Music Company is one of the amazing thing that has made Tommy Mottola to be very famous. Following the expansion of the Sony Music Company, he additionally increased his worth as well as wealth.