Edward Joseph Mahoney (born March 21, 1949), known professionally by his stage name Eddie Money, is an American singer, songwriter and multi-instrumentalist who found success in the 1970s and 1980s with a string of Top 40 hits and platinum albums.
Eddie Money was born Edward Mahoney into a large Irish Catholic family in Brooklyn and raised in Plainedge on Long Island. His father, grandfather, and brother were all members of the New York City Police Department and Eddie was an NYPD trainee. As his interest in music intensified, he eventually ended his law enforcement career in favor of becoming a full-time musician. He moved to Berkeley, California, and became a regular at area clubs, where he secured a recording contract with Columbia Records. In the later 1970s, he charted with singles such as “Baby Hold On” and “Two Tickets to Paradise”. Money continued his successes and took advantage of the MTV music video scene in the early 1980s with his humorous narrative videos for “Shakin'” and “Think I’m in Love,” but his career began to fail him after an unsuccessful album in 1983, accompanied by his struggles with drug addiction.
Money made a comeback in 1986 and returned to the mainstream rock spotlight with the album Can’t Hold Back. The album’s Ronnie Spector duet “Take Me Home Tonight” reached the Top 10, as did the hit “I Wanna Go Back.” Money followed the album with another Top 10 hit, “Walk on Water” (1988), but his Top 40 career ended following the #21 placement of “I’ll Get By” in 1992. During the 1990s and 2000s, Money continued to release numerous compilation albums along with several albums featuring new material.
He joined a 12-step program in 2001 and has said of his addiction that he “came to the realization that I didn’t really need [it] for my quick wit.”
Today, he still tours regularly, often accompanied by other prominent rock acts from the 1970s and 1980s, and has also made several television appearances on American sitcoms. He played himself in season 4, episode 23 of the sitcom, The King of Queens.
Since 1992, Money has traditionally opened the summer concert season for DTE Energy Music Theatre in Clarkston, Michigan. In 2010, Money performed a medley of his hit singles during the halftime performance at the Liberty Bowl. In 2012, he appeared in a GEICO insurance commercial, in which he owns a travel agency where he sings “Two Tickets to Paradise” to a family who wants tickets for a vacation.