Real Estate: Tommy Mottola Lists Ranch


Music Mogul Tommy Mottola has listed his 324-acre ranch near Aspen, Colorado with an asking price for $27.5 million. Mottola bought the property back in 2003 for $14.7 million and says his reason for selling was due to the lack of time he spends at the home. Tommy Motolla is known for his former position as chairman of Sony Music Entertainment and for working with top artists such as Bruce Springsteen and Mariah Carey.

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