Eddie Money (born Edward Joseph Mahoney) is an American rock guitarist, saxophonist and singer-songwriter with a net worth of $20 million. Eddie Money has built his net worth from his music career in the 1970s and 1980s. He has many Top 40 hits and platinum albums. He started is adult life as a police officer in the late 1960s. Born in Brooklyn, New York his family was an officer for the NYPD.