Clayton Mathile – The Self Made Billionaire
Clayton Mathile is an American businessman who has made his way onto the Forbes Billionaires list with a net worth estimated to be around $1.6 billion. He is known for his successful career in pet food and animal health, having previously been the CEO of The Iams Company.
Early Life and Education
Born in 1941 in Ohio, Mathile grew up on a farm in a small village called Verona. He dropped out of college after just one year in order to work in sales, but later returned to finish his degree in marketing at Miami University.
Career and Achievements
After completing his degree, Mathile went on to work in various sales positions for several different companies. In 1975, he joined The Iams Company, and was eventually promoted to the role of CEO. Under his leadership, the company’s revenue grew from $500,000 to over $1 billion.
Mathile sold The Iams Company to Procter & Gamble in 1999 for $2.3 billion. He used the money from the sale to start his own investment company, The Mathile Family Office, which focuses on investing in pet food and animal health businesses.
In addition to his business ventures, Mathile is also known for his philanthropy. He has donated millions of dollars to organizations that support education and youth development.
Mathile is married with two children, and currently resides in Ohio. He is known for his love of animals, particularly dogs, and is involved in various animal welfare organizations.
|Sector:||Pet food and animal health|
|Companies:||The Iams Company, The Mathile Family Office|
|Net Worth:||$1.6 billion|