Billionaire Profile
Todd Wagner
Global Rank
#1765

Image: Unknown authorUnknown author or not provided | Public domain | via Wikimedia Commons

Todd Wagner

CEO, Online media
UNITED STATES
Real-Time Net Worth
$2.331B
Estimated based on Online media stock value as of March 6, 2026
0% (24h)
Age
65
Source
Online media
Industry
Media & Entertainment
Citizenship
UNITED STATES

Biography

Todd Wagner is a prominent American entrepreneur and media mogul, best known for co-founding Broadcast.com with Mark Cuban in 1995. This venture revolutionized online media, leading to a $5.7 billion acquisition by Yahoo! in 1999. Wagner, whose primary source of wealth stems from online media, has a current net worth estimated at $1.9 billion. He is recognized for his innovative approach to business and his ability to identify and capitalize on emerging trends, and has also become an active philanthropist, founding the Charity Network to digitize and enhance fundraising for non-profits.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Todd Wagner was born in Gary, Indiana, on August 2, 1960. He attended Merrillville High School and later pursued higher education at Indiana University, where he was a member of the Kappa Sigma fraternity. Wagner graduated from Indiana University in 1983 with a Bachelor of Arts/Science degree. He furthered his education by earning a Juris Doctor degree from the University of Virginia.

Rise to Success

Wagner's career began in the legal and financial sectors, working with national firms in Dallas, Texas, before transitioning into entrepreneurship. His most significant venture came in 1995 when he co-founded Broadcast.com with Mark Cuban. Broadcast.com quickly became a leader in internet broadcasting, streaming live sports, radio stations, and other content. The company's IPO in the midst of the dot-com boom was a major success, and it was acquired by Yahoo! in 1999 for $5.7 billion. This sale transformed Wagner into a billionaire and set a new benchmark in the industry.

Key Business Strategies

Wagner's success is attributed to his ability to identify and capitalize on technological advancements. His early adoption of streaming media through Broadcast.com positioned him at the forefront of the digital revolution. After Broadcast.com, Wagner has continued to invest in entertainment and technology, notably with 2929 Entertainment. Wagner has also shown a strong focus on philanthropy and charitable initiatives. He founded the Charity Network, which leverages digital platforms like Charitybuzz and Prizeo to raise funds for various causes, demonstrating his commitment to social impact.

Philanthropy

Wagner's philanthropic efforts include founding the Todd Wagner Foundation, which supports underserved communities and youth programs. He also launched the Charity Network in 2014, which has raised over $200 million for thousands of non-profits. In 2023, Wagner launched FoodFight USA, a non-profit, nonpartisan organization with a mission to clean up America's food supply.

Career Milestones

1995

Co-founded Broadcast.com

Launched AudioNet (later Broadcast.com) with Mark Cuban, revolutionizing online broadcasting.

1999

Sold Broadcast.com to Yahoo!

Sold Broadcast.com to Yahoo! for $5.7 billion.

2003

Co-founded 2929 Entertainment

Founded 2929 Entertainment, a vertically integrated production company.

2014

Founded Charity Network

Launched the Charity Network to digitize fundraising for non-profits.

2023

Sold stake in Dallas Mavericks

Sold his stake in the Dallas Mavericks in December 2023.

Philanthropy & Social Impact

Education and Community Development

The Todd Wagner Foundation

Undisclosed

Supports education, youth programs, and community development.

Charity and Fundraising

Charity Network

$200M+

Raised over $200 million for various charities through digital platforms.

Food and Health

FoodFight USA

Undisclosed

A non-profit with a mission to clean up America's food supply.

Business Philosophy & Leadership

Notable Quotes

"This is very much more than a passion or hobby, this is easily the hardest I've worked since Broadcast.com."

"The $5.7 billion sale didn't just benefit Wagner and Cuban: their 300 employees became millionaires."

Leadership Principles

Innovation

Embracing technological advancements and challenging industry norms.

Strategic Partnerships

Forming collaborations to drive growth and expansion.

Philanthropic Focus

Utilizing business acumen for social impact.