Dayton billionaire makes 2017 Forbes list

Credit: DaytonDailyNews

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The grandson of oil tycoon John D. Rockefeller died of heart failure Monday.

Credit: DaytonDailyNews

He’s the creator of Aileron, a tech entrepreneur, and worked for the Iams pet food company.

Local businessman Clay Mathile, one of six Ohioans on the 2017 list, saw his fortune rise to $3.8 billion, which places him at the No. 474 spot on Forbes' list of 2017 billionaires.

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Clay Mathile, former Iams owner and Aileron founder.

Clay Mathile, former Iams owner and Aileron founder.

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Clay Mathile, former Iams owner and Aileron founder.

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According to a Forbes profile of Mathile, "his video-service company, ooVoo, which has more than 150 million users, competes with Skype and Google Hangouts."

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Mathile sold The Iams Company to Procter & Gamble for $2.3 billion in 1999.

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In the late 1970s and early 1980s, Clay Mathile shepherded a new brand onto the market, called Eukanuba. The name was taken from a favorite expression of Paul Iams, who heard it from the jazz star Hoagie Carmichael, and it means "the best."

Credit: Staff photo by Chris Stewart

In the late 1970s and early 1980s, Clay Mathile shepherded a new brand onto the market, called Eukanuba. The name was taken from a favorite expression of Paul Iams, who heard it from the jazz star Hoagie Carmichael, and it means "the best."

Credit: Staff photo by Chris Stewart

Combined ShapeCaption
In the late 1970s and early 1980s, Clay Mathile shepherded a new brand onto the market, called Eukanuba. The name was taken from a favorite expression of Paul Iams, who heard it from the jazz star Hoagie Carmichael, and it means "the best."

Credit: Staff photo by Chris Stewart

Credit: Staff photo by Chris Stewart

To read more about the 5 other Ohioans who made Forbes’ billionaires list, visit MyDaytonDailyNews.com.

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