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Todd Wagner Net Worth

Todd Wagner Net Worth

Net Worth: $1.2 Billion

Statistics
  • Source of Wealth Online Media, Business and Company
  • Birth Place Gary, Indiana
  • Marital Status Married
  • Full Name Todd R. Wagner
  • Nationality American
  • Date of Birth August 2, 1960
  • Occupation Online Media Entrepreneur
  • Education Indiana University and University of Virginia (Law)
  • Children One Child
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About Todd Wagner

Todd Wagner is an online media entrepreneur with an estimated net worth of $1.2 billion as of March 2013. According to Forbes.com, he is #1175 in the World Billionaires List (#1015 in 2012), #377 in the United States, and #360 in the Forbes 400 List. Born Todd R. Wagner on August 2, 1960 in Gary, Indiana, he attended Indiana University and graduated in 1983 then earned his law degree from the University of Virginia. He moved to Dallas where he became a licensed CPA in the state of Texas. He began his legal career with the national firms Akin, Gump, Strauss, Hauer & Feld, and Hopkins & Sutter.

Together with fellow Indiana alumnus Mark Cuban, Wagner successfully launched Audionet in 1995. It broadcasts live sporting events and radio stations over the Internet. It later expanded its services to include corporate events and business services. They changed the name to Broadcast.com in 1998 and made the company public. In 1999, they sold the audio and video portal to Yahoo! for $5.7 billion. They became instant billionaires and their 300 employees instant millionaires. He continued to lead the division as Yahoo! Broadcast until May, 2000. He declined the offer to be the Chief Operating Officer of Yahoo! in order to focus with his other interests.

Todd Wagner entered the entertainment ventures together with Cuban again. These included Magnolia Pictures, Landmark Theatres, and AXS TV. In 2000, he founded his own charitable institution, the Todd Wagner Foundation, with the aim to help the underprivileged children.