Born in Brooklyn, New York in 1949 as Edward Mahoney, Money started out as a trainee for the NYPD, following in the footsteps of his grandfather, father and brother. He gave up on a law enforcement future, and in 1968 moved to California and began a singing career that spanned nearly five decades. His hits were very prominent during the early days of MTV and his videos helped skyrocket his career during the 80’s.
According to Variety Online, the singer and songwriter famous for his hits “Shakin’,” “Baby Hold On,” and “Two Tickets to Paradise” died early this morning.
Money had recently revealed a stage 4 esophageal cancer diagnosis with the public and his fans.
In addition to his 11 studio albums through his label Columbia, Money also had a reality television series, “Real Money” about himself and his family.
His biggest hit, according to Billboard, “Take Me Home Tonight” was released in 1986 and gave Eddie yet another platinum record.
Here is the full statement from Eddie’s family:
The Money Family regrets to announce that Eddie passed away peacefully early this morning. It is with heavy hearts that we say goodbye to our loving husband and father. We cannot imagine our world without him. We are grateful that he will live on forever through his music.