Eddie Money Net Worth

May 12, 2023
2 mins read

Edward Joseph Mahoney was born on 21 March 1949, in Brooklyn, New York City USA into an Irish-Catholic family, and is a singer and composer in the music industry.

So just how rich is Eddie Money? It has been estimated by authoritative sources that the net worth of Eddie Money is as much as $20 million as of mid-2016. Eddie has accumulated such a high net worth from his involvement in the music industry during his career which began in 1974.

Eddie Money Net Worth $20 Million

Eddie was raised in Long Island – several family members were police officers, and Eddie himself was a trainee with the NYPD. However, he soon decided that music was his future, and he moved to Berkeley, California, where he played clubs in the local area, son securing a recording contract with Columbia Records.

Money is rock, hard rock and pop rock musician, and is a vocalist who also plays the synthesizer, guitar, keyboards, harmonica and saxophone. The beginning of his career was very successful as his debut album titled ‘Eddie Money’ (1977) was certified two times platinum in United States and platinum in Canada. It has peaked on the 37th and 24th positions respectively in United States and Canada Charts. There is no doubt that the album increased Money’s net worth significantly.

Following this success, Eddie’s second and fifth albums entitled ‘Life for the Taking’ (1978) and ‘Can’t Hold Back’ (1986) were certified platinum in United States and gold in Canada. The album entitled ‘No Control’ (1982) was certified platinum in United States and peaked in 20th position on US Billboard Chart. The compilation album ‘Greatest Hits: The Sound of Money’ (1989) received gold certification in United States. ‘Playing for Keeps’ (1980), ‘Where’s the Party?’ (1983), ‘Nothing to Lose’ (1988), ‘Right Here’ (1991) albums have also increased Eddie’s net worth, all reaching high positions on US and Canada charts.

The albums entitled ‘Love and Money’ (1995), ‘Ready Eddie’ (1999) and ‘Wanna Go Back’ (2007) failed to reach the charts, but they are small failures as during his long-spanned career, Eddie Money has now released 24 singles, 11 studio albums, seven compilation albums, two live albums and EPs. The most popular singles which have increased Eddie Money’s net worth the most and topped the United States Chart are ‘Think I’m in Love’ (1982), ‘Take Me Home Tonight” (1986) and ‘The Love in Your Eyes’ (1989). Second position on US Chart was reached by the singles ‘Walk on Water’ (1988) and ‘Peace in Our Time’ (1990), and third place by the single ‘I Wanna Go Back’ (1986).

In his personal life, Eddie has been married to Laurie since 1989, and they have four sons and a daughter. In 2001, Eddie Money publicly admitted to being a drug addict, and joined the rehabilitation program 12 steps, which was successful, as the singer continues to tour, and appear at special events such as opening the DTE Energy Music Theatre summer concert season in Clarkston, Michigan, and  the half-time performance at the Liberty Bowl.

Eddie Money has his personal website http://www.eddiemoney.com/ where people can join his fan club, read the latest news about the artist, check tour dates or listen to music. There is also a store to purchase merchandise related to the musician.


Daniel Wanburg

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications.

At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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