Clayton Mathile

$2.3B

as of 09/05/23

About Clayton Mathile

In 1970, after ditching his job as an accountant at the Campbell Soup Company, Clayton Mathile became employee number six at pet food maker Iams.

Mathile bought Iams in 1982, when it had $13 million in sales.

He ran the business for 17 years, until P&G acquired it from him in 1999 for $2.3 billion.

In 2008 he spent $130 million to start Aileron, a Dayton-based school that offers management training for small business owners.

Video chat app ooVoo, in which he was a shareholder, shut down in November 2017.

Personal stats

Citizenship

United States of America

Source of wealth

Pet food

Birth date

01/11/41

Number of children

Education

Bachelor of Arts/Science, Ohio Northern University

Self-made

self-made

Clayton Mathile’s fortune is worth

38K

troy ounces of gold

35K

median U.S. household

23K

median U.S. income

0.046%

U.S. credit card volume

0.009%

GDP of the United States

0.007%

United States debt

Net worth history

Annual ranking

Did you know?

While at Iams, Mathile says he made his first million in 1981.