Thomas Daniel Mottola, commonly known as Tommy Mottola, is a famous American record producer, television producer, as well as music executive. To the public, Tommy Mottola is perhaps best known as a current co-owner of the recording label called “Casablanca Records”. Founded by Neil Bogart, Larry Harris, Cecil Holmes and Buck Reingold in 1973, “Casablanca Records” has grown up to be among the best known labels in the United States, as it has had such artists as “Kiss”, Cher, Robin Williams, Lindsay Lohan and Tony Orlando under its roof. Currently, “Casablanca Records” employs DJ Tiesto, MIKA, “Sub Focus”, “Bingo Players” and “The Aston Shuffle” among other musicians.
Tommy Mottola Net Worth $200 Million
Prior to his involvement with “Casablanca Records”, Tommy Mottola worked at a music corporation called “Sony Music Entertainment”, where he served as a CEO of the company from 1990 until 2003. Over the years, Tommy Mottola is credited to have launched the careers of Shakira, Celine Dion, Billy Joel, Bruce Springsteen, and Jennifer Lopez to name a few. The overall popularity of Tommy Mottola is reflected in numerous references in the media, more notably in such songs as “Gettin’ Jiggy Wit It” performed by Will Smith, “How Many Mics” by “The Fugees”, “Spitter” by Lil Wayne, and “Fuck You” performed by 50 Cent.
A well-known music executive, how rich is Tommy Mottola? Sources estimate that Tommy Mottola’s net worth is estimated to be $200 million, most of it coming from his involvement in the music industry.
Tommy Mottola was born in 1949 in The Bronx, New York City. Prior to his involvement with “Casablanca Records”, Mottola was offered the position as the head of US operations in “Sony Music Entertainment company” in 1988 by Walter Yetnikoff, who served as the CEO of the company at the time. Two years later, in 1990, Mottola took over Yetnikoff’s position and became the president of “Sony”. Throughout the years, largely due to Mottola’s involvement, the company grew up to be one of the most popular record labels in the world. Mottola brought “Sony” to the age of digital downloads and helped expanded the company’s business into more than 60 countries, making it an international success. As a CEO of “Sony Music Entertainment”, Tony Mottola brought into the limelight such artists as Celine Dion, Ricky Martin, Andy Williams, and “The Dixie Chicks” to name a few.
Tony Mottola worked at “Sony” until 2003, when he decided to venture into creating his own business. Shortly after his leave, Mottola joined “Casablanca Records”, where he currently serves as the head of the company. Mottola is credited with bringing popularity to “Casablanca Records” by signing numerous artists, some of which include Lindsay Lohan, DJ Tiesto, and MIKA. Tommy Mottola proved to be a huge influence on the media, as he has been constantly referenced in numerous songs and television series including “The Sopranos”, and “Smash”.
A well-known record producer, as well as a music executive, Tommy Mottola has an estimated net worth of $200 million.
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