Tommy Mottola Highest-Paid Producer in the World
- By Carol Kearney
- Washington
- Last updated on
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It's been a rough year for the producer, but at least he has his millions of dollars to ease the pain. 75-year-old Tommy Mottola has taken the No. 1 spot on People With Money’s top 10 highest-paid producers for 2024 with an estimated $46 million in combined earnings.
UPDATE 22/12/2024 : This story seems to be false. (read more)
Tommy Mottola tops annual list of highest-paid producers
In 2022 it looked like the producer’s spectacular career was winding down. Suddenly, he was back on top. People With Money reports on Saturday (December 21) that Mottola is the highest-paid producer in the world, pulling in an astonishing $46 million between November 2023 and November 2024, a nearly $20 million lead over his closest competition.
People With Money’s factors
In compiling this yearly list, the magazine considers factors such as upfront pay, profit participation, residuals, endorsements and advertising work.
The American producer has an estimated net worth of $145 million. He owes his fortune to smart stock investments, substantial property holdings, lucrative endorsement deals with CoverGirl cosmetics. He also owns several restaurants (the “Fat Mottola Burger” chain) in Washington, a Football Team (the “New York Angels”), has launched his own brand of Vodka (Pure Wondermottola - US), and is tackling the juniors market with a top-selling perfume (With Love from Tommy) and a fashion line called “Tommy Mottola Seduction”.
The ranking is significant for many Tommy fans, who have been waiting for his triumphant return to the glory days for what seems like a lifetime.
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