He had been battling stage 4 esophageal cancer, according to Fox News.
Money's family said in a statement: “The Money Family regrets to announce that Eddie passed away peacefully early this morning. It is with heavy hearts that we say goodbye to our loving husband and father. We cannot imagine our world without him. We are grateful that he will live on forever through his music.”
Money, whose real name is Edward Mahoney, made his stunning cancer announcement in a video released in August from his AXS TV reality series called "Real Money."
In the video, Money said he discovered he had cancer after what he thought was a routine checkup. The rock legend learned that the disease had spread to his liver and lymph nodes.
Money admitted the news hit him "really, really hard."
The rocker had numerous health problems recently including heart valve surgery earlier this year and pneumonia after the procedure, leading to his cancellation of a planned summer tour.
His career spanned more than three decades and 12 studio albums. He was born in Brooklyn, raised in Plainedge, Long Island, then moved to California to pursue his music career where he signed with Columbia Records.
In 1987, he received a best rock vocal Grammy nomination for "Take Me Home Tonight," which featured a cameo from Ronnie Spector.
Money married his wife Laurie in 1989.They had five children: Zachary, Jessica, Joseph, Julian, and Desmond. He "made his home" in the Bay Area.
On August 24, 2019, Money, a long-time smoker, revealed that he had been diagnosed with stage 4 esophageal cancer.
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