LeaderPortfolio
Wagner
Todd Wagner
Rank #1751
UNITED STATESMedia & EntertainmentOnline media

Todd Wagner

Net Worth
$2.331B
0% (24h)
Todd Wagner is a prominent American entrepreneur and philanthropist, best known for co-founding Broadcast.com with Mark Cuban, which was later sold to Yahoo! for $5.7 billion. This marked a significant achievement in the early days of online media. Wagner's wealth source stems from online media ventures and various tech investments. His career has spanned law, technology, and entertainment. Wagner is also the founder of the Todd Wagner Foundation, focusing on philanthropy and supporting underserved communities. His current net worth is estimated at $2.3 billion, showcasing his continued success in the business world.

How to read Todd Wagner's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Todd Wagner, we anchor the narrative to Online media and Online media, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $2.331B alongside global rank #1751, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (UNITED STATES) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Todd Wagner was born on August 2, 1960, in Gary, Indiana. He attended Merrillville High School and then Indiana University Bloomington, where he was a member of the Kappa Sigma fraternity. He graduated from Indiana University in 1983 with a degree in accounting. Wagner later earned a Juris Doctor degree from the University of Virginia. Before entering the entrepreneurial world, he was a licensed CPA and worked as an attorney with national firms, including Akin, Gump, Strauss, Hauer & Feld and Hopkins & Sutter.

Rise to Success

Wagner's significant breakthrough came in 1995 when he co-founded AudioNet with Mark Cuban, which later became Broadcast.com. The platform focused on broadcasting live sporting events and radio stations over the internet. Broadcast.com went public in 1998 during the dot-com boom, with shares soaring. In 1999, Wagner and Cuban sold Broadcast.com to Yahoo! for $5.7 billion, making Wagner an instant billionaire. After the sale, he continued to lead the Yahoo! Broadcast division until 2000.

Key Business Strategies

Following the success of Broadcast.com, Wagner and Cuban co-founded 2929 Entertainment in 2003. The company is involved in content production, distribution, and exhibition, including Magnolia Pictures. Wagner pioneered releasing films simultaneously in theaters and on digital platforms. He also invested in and nurtured start-ups. In 2014, he launched Charity Network, a platform designed to raise funds and awareness for causes through digital fundraising platforms Charitybuzz and Prizeo. In 2023, Wagner founded FoodFight USA, a non-profit organization aimed at improving America's food supply.

Philanthropy

Wagner is deeply involved in philanthropy, mainly through the Todd Wagner Foundation, established in 2000. The foundation supports various initiatives focused on at-risk youth and underserved communities, including KIPP charter schools and After-School All-Stars in North Texas. Since its inception, the Charity Network has raised hundreds of millions of dollars for various global causes.

Career Timeline

2023

Launched FoodFight USA

Founded a nonprofit organization to improve the US food supply.

2014

Launched Charity Network

Founded Charity Network to help charities with digital fundraising.

2003

Co-founded 2929 Entertainment

Launched 2929 Entertainment with Mark Cuban.

2000

Founded Todd Wagner Foundation

Established a foundation to support at-risk youth and community development.

1999

Sold Broadcast.com to Yahoo!

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

1995

Co-founded Broadcast.com

Launched AudioNet with Mark Cuban, providing streaming services over the internet; later became Broadcast.com.

Philanthropic Impact

Youth DevelopmentMillions of USD

Todd Wagner Foundation

Supports programs for at-risk youth, education, and technology initiatives.

EducationMillions of USD

KIPP charter schools

Supports KIPP charter schools in North Texas.

Youth DevelopmentMillions of USD

After-School All-Stars

Supports the enrichment of children in under-resourced communities.

Charity$650M

Charity Network

Digital fundraising platforms.

Key Business Ventures & Holdings

CompanyStakeValue
2929 Entertainment

Net Worth History

In-Depth Analysis

Early Life

Todd Wagner was born on August 2, 1960, in Gary, Indiana. He attended Merrillville High School and then Indiana University Bloomington, where he was a member of the Kappa Sigma fraternity. He graduated from Indiana University in 1983 with a degree in accounting. Wagner later earned a Juris Doctor degree from the University of Virginia. Before entering the entrepreneurial world, he was a licensed CPA and worked as an attorney with national firms, including Akin, Gump, Strauss, Hauer & Feld and Hopkins & Sutter.

Rise to Success

Wagner's significant breakthrough came in 1995 when he co-founded AudioNet with Mark Cuban, which later became Broadcast.com. The platform focused on broadcasting live sporting events and radio stations over the internet. Broadcast.com went public in 1998 during the dot-com boom, with shares soaring. In 1999, Wagner and Cuban sold Broadcast.com to Yahoo! for $5.7 billion, making Wagner an instant billionaire. After the sale, he continued to lead the Yahoo! Broadcast division until 2000.

Key Business Strategies

Following the success of Broadcast.com, Wagner and Cuban co-founded 2929 Entertainment in 2003. The company is involved in content production, distribution, and exhibition, including Magnolia Pictures. Wagner pioneered releasing films simultaneously in theaters and on digital platforms. He also invested in and nurtured start-ups. In 2014, he launched Charity Network, a platform designed to raise funds and awareness for causes through digital fundraising platforms Charitybuzz and Prizeo. In 2023, Wagner founded FoodFight USA, a non-profit organization aimed at improving America's food supply.

Philanthropy

Wagner is deeply involved in philanthropy, mainly through the Todd Wagner Foundation, established in 2000. The foundation supports various initiatives focused on at-risk youth and underserved communities, including KIPP charter schools and After-School All-Stars in North Texas. Since its inception, the Charity Network has raised hundreds of millions of dollars for various global causes.

Data Sources & Methodology

Figures for Todd Wagner are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.