Billionaire Profile
Todd Wagner
Global Rank
#2006

Image: Public domain | via Wikimedia Commons

Todd Wagner

CEO, Broadcast.com
US
Real-Time Net Worth
$1.9B
As of December 2025
Age
65
Source
Online media
Industry
media-entertainment
Citizenship
US

Biography

Todd Wagner is a highly successful American entrepreneur and media executive, best known as the co-founder of Broadcast.com, which he sold to Yahoo! for $5.7 billion. His current estimated net worth is $1.9 billion. Wagner's wealth stems from his ventures in online media and entertainment. He is the co-owner of 2929 Entertainment, and has been involved in the production of multiple Oscar-nominated films. Wagner's career has also seen him become a philanthropist, establishing the Charity Network to digitize fundraising. He is also the founder of FoodFight USA. A graduate of Indiana University and the University of Virginia, Wagner has solidified his position as a notable figure in the business world.

Wealth Over Time

In-Depth Profile

Early Life and Education

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

Rise to Success

Wagner's career began in Dallas, Texas, where he became a licensed CPA. In 1995, he co-founded AudioNet with Mark Cuban, a platform for broadcasting live sporting events and radio stations over the internet. The company was rebranded as Broadcast.com in 1998 and went public during the dot-com boom. Broadcast.com's IPO set an opening-day record. Wagner and Cuban sold Broadcast.com to Yahoo! for $5.7 billion in 1999, a move that cemented their status as billionaires. Wagner continued to work with Yahoo! until 2000.

Key Business Strategies

Wagner's business strategies have been marked by innovation and strategic partnerships. After selling Broadcast.com, Wagner co-founded 2929 Entertainment with Mark Cuban, a vertically integrated entertainment company involved in content production, distribution, and exhibition. He also founded the Charity Network, which includes Charitybuzz and Prizeo, to leverage technology for digital fundraising. Furthermore, he launched FoodFight USA in 2023, a nonprofit organization aimed at reforming America's food supply.

Philanthropy

Wagner has been a significant force in philanthropy. The Todd Wagner Foundation has invested tens of millions of dollars in programs empowering underserved communities and at-risk youth. Wagner launched Chideo in 2014, a digital platform for fundraising. He also acquired Charitybuzz and Prizeo, expanding his charitable network. In 2023, he launched FoodFight USA to address issues with America's food supply. The Todd Wagner Foundation brought KIPP charter schools and After-School All-Stars to North Texas and provides support for Boys & Girls Clubs of America and First Tee.

Career Milestones

1995

Co-founded AudioNet

Launched a platform for broadcasting live sporting events and radio stations over the internet with Mark Cuban.

1998

Rebranded to Broadcast.com

Changed the name and took the company public, setting an opening-day record for the IPO.

1999

Sold Broadcast.com to Yahoo!

Sold the company for $5.7 billion.

2003

Co-founded 2929 Entertainment

Co-founded a vertically integrated entertainment company with Mark Cuban.

2014

Launched Charity Network

Launched the Charity Network, a digital platform for fundraising.

2023

Launched FoodFight USA

Founded a nonprofit organization focused on cleaning up America's food supply.

Philanthropy & Social Impact

Philanthropy

Charity Network

$200M+

Digital fundraising platform raising funds for charities.

Philanthropy

Todd Wagner Foundation

Tens of Millions of dollars

Supports programs for at-risk youth and underserved communities.

Health & Environment

FoodFight USA

N/A

Nonprofit organization focused on reforming America's food supply.

Business Philosophy & Leadership

Notable Quotes

"What Mark [Cuban] and I did was lightning in a bottle. A unicorn doesn't happen often, and it happened to me at a very young age."

"Every step of that journey, I wasn't qualified."

Leadership Principles

Family First

Emphasizes the importance of prioritizing family and personal life.

Humility

Leading with humility and being receptive to feedback and different perspectives.

Resolve Conflicts

Actively working to resolve conflict by encouraging people to communicate with each other.

Bias Towards Action

Having a bias towards decision-making and taking action.

Controversies & Challenges

2021

Resignation from Watermark Community Church

Resigned from the position of senior pastor and elder at Watermark Community Church after a period of conflict and allegations of spiritual abuse.