Clayton Mathile’s profile picture

Clayton Mathile

Clayton Mathile’s profile picture
Net worth 2018: $2.34 Billion
Residence: Brookville, Ohio
Country: United States
BirthDay: 11 January 1941
Sigh: Aquarius
Children: 5
Education: Bachelor of Arts / Science, Ohio Northern University
BIOGRAPHY

Clayton Mathile was bornon 11 January 1941 in Brookville, Ohio, United States. Clayton Mathile is #1047 in List Billionaires People In The World. 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 the whole business in 1982, when it had $13 million in sales. The big payday came in 1999, when P&G acquired it for $2.3 billion. He's an investor in ooVoo, a video chat app claiming 185 million registered users. But third-party data says only 2.5 million use the app each month. In 2008 he spent $130 million to start Aileron, a Dayton-based school that offers management training for small business owners.

NET WORTH STATISTIC
2009

$1.7 Billion

2010

$1.7 Billion

2011

$1.8 Billion

2012

$1.9 Billion

2013

$2 Billion

2014

$2.7 Billion

2015

$3.4 Billion

2016

$3.7 Billion

2017

$3.8 Billion

2018

$2.34 Billion

I have learned to welcome feedback as a gift, to appreciate it, to say thank you and give it proper consideration.

Clayton Mathile
TIMELINE
1990

He often solicited employees' advice and listened to their concerns, but he also enlisted the help of outside experts, such as Tom MacLeod (a former PepsiCo executive), who became president and chief operating officer in 1990

1982

With his wife Mary's encouragement, Mathile purchased the remaining ownership shares from Iams in 1982, becoming sole owner and CEO

1975

In 1975, after shortages of the high-quality ingredients almost drove the company under, Mathile purchased half ownership of the company from founder and owner Paul Iams for $100,000

1970

In 1970, dissatisfied with his stable corporate position despite the responsibility of supporting a young family, Mathile made the decision to accept a leadership role at a small, regional pet food manufacturer: The Iams Food Company in Dayton, Ohio

1962

The country was in the midst of a recession when Mathile graduated a quarter early in February 1962, with a business degree and an unremarkable 2

1941

Clayton Lee Mathile (pronounced [Muh-til]), born January 11, 1941, is an American entrepreneur, investor and philanthropist, best known for leading The Iams Company to nearly $1 billion in sales before selling it to Procter & Gamble for $2

1939

Mathile was born the oldest child of Wilbert "Bill" Ray Mathile and Helen Good Mathile (married in 1939) in the northwest Ohio town of Portage, where his parents owned and operated a 40-acre farm

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