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Todd Wagner

Todd Wagner

T. Wagner
21.67% | + $415.13M
$2.33 B ₹ 21,198 Cr
Real Time Net Worth #1782 Ranking as of 21 Feb 2026 By Forbes

More on Todd Wagner

Gender

Male

Age

65Y

Country

United States

Born On

August, 1960

Deceased

No

Relationship Status

Married

Children

2

Education

Indiana University

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Internet)

Primary Organization

2929 Entertainment

Titles

Co-Founder

Sources of Wealth

Broadcast.Com (Sold)

Industry

Technology, Media, Entertainment, Investments, Philanthropy

About Todd Wagner


T odd Wagner is an American technology entrepreneur who made his billion-dollar fortune during the dot-com boom. He is the co-founder of Broadcast.com, a pioneering internet radio and streaming company. In 1995, he and his partner, Mark Cuban, founded the company, which was one of the first to allow people to listen to live radio broadcasts over the internet. The company went public in a hugely successful IPO in 1998, and its stock price soared during the dot-com mania.

In 1999, at the peak of the bubble, they sold Broadcast.com to Yahoo for $5.7 billion in stock. Wagner and Cuban both became multi-billionaires from the deal. Since then, Wagner has focused on a variety of business and philanthropic ventures. He and Cuban co-founded the media and entertainment company 2929 Entertainment, which has interests in film production and movie theaters. He has also dedicated a significant amount of his time and money to philanthropy, founding the Todd Wagner Foundation, which focuses on at-risk youth and education.

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Quick Reads


  • Co-founded the internet streaming company Broadcast.com with Mark Cuban.
  • They sold the company to Yahoo in 1999 for $5.7 billion.
  • The deal made him a billionaire during the dot-com bubble.
  • He and Cuban also co-founded the media company 2929 Entertainment.
  • Now a major philanthropist focused on education for at-risk youth.

Early Life and Background


Todd R. Wagner is an American businessman, the self-made billionaire Co-founder and former Executive of Broadcast.com and Founder and Chairman of Wagner/Cuban Companies. His career is rooted in law, media, technology, and entrepreneurial audacity.

Wagner holds a B.A. from Indiana University (1983) and a J.D. Law degree from The University of Virginia School of Law. His philosophical approach centers on technological excellence, content distribution, and long-term commitment to digital media and philanthropy (pioneering the online audio/video streaming model). He co-founded Broadcast.com with Mark Cuban in 1995.

  • Broadcast.com (Former Co-founder & Executive): The foundational source of his wealth, the pioneering Internet streaming company (sold to Yahoo! for $5.7 billion in 1999).
  • Wagner/Cuban Companies (Chairman & Founder): His private investment and media holding company (controlling 2929 Entertainment and other ventures).
  • Media Pioneer: His success is built on scale software development and dominating the early market for live audio and video streaming (a major structural contribution to the early Internet).
  • Philanthropy: He founded the Todd Wagner Foundation, focusing on at-risk youth and education.

Career Journey of Todd Wagner


Todd Wagner's strategic genius was his commitment to high-quality digital content. He co-founded Broadcast.com (originally AudioNet) in 1995 with Mark Cuban, successfully pioneering the online audio and video streaming model for events and radio stations. His structural contribution is immense: pioneering the modern digital content distribution system that transformed media consumption. The pinnacle of his financial career was the $5.7 billion sale of Broadcast.com to Yahoo! in 1999.

Following the exit, he founded Wagner/Cuban Companies and the Todd Wagner Foundation, pivoting his focus to film production, private investment, and high-impact philanthropy. His wealth is secured by the colossal liquid gains from the Yahoo! acquisition and the long-term appreciation of his diversified assets.

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Todd Wagner's Timeline


1987:

Earns a J.D. Law degree from The University of Virginia School of Law (Academic Achievement).

1995:

Co-founds Broadcast.com with Mark Cuban (Founding).

1999 (July):

Sells Broadcast.com to Yahoo! for $5.7 billion (Major Exit).

2000s:

Founds Wagner/Cuban Companies and the Todd Wagner Foundation (Founding 2/Philanthropic Apex).

Ongoing:

Continues as Founder and Chairman, guiding his liquid wealth (Executive Oversight).

Major Business Ventures and Investments


Todd Wagner's wealth is concentrated in the liquid capital generated from the $5.7 billion sale of Broadcast.com to Yahoo! and his private investment portfolio.

  • Broadcast.com (Former Co-founder & Executive): The foundational source of his wealth, the pioneering Internet streaming company (sold to Yahoo! for $5.7 billion in 1999).
  • Wagner/Cuban Companies (Chairman & Founder): His private investment and media holding company (controlling 2929 Entertainment and other ventures).
  • Academic Background: He holds a J.D. Law degree from UVA and a B.A. from Indiana University.
  • Philanthropy: He founded the Todd Wagner Foundation, focusing on at-risk youth and education.

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Philanthropy and Social Impact


Todd Wagner's social impact stems from Broadcast.com's role in pioneering internet streaming technology. The Todd Wagner Foundation provides essential resources and programs for at-risk youth, education, and digital literacy, focusing on empowering disadvantaged children through technology and mentoring. His contributions significantly support social and educational welfare.

His personal philanthropy supports various community and educational initiatives.

Fashion, Style, and Lifestyle


Todd Wagner maintains the professional, composed style of a corporate executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic reflects serious authority and stability, typical of a pioneer in the global tech sector.

Residing in Dallas, Texas, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to investment strategy, media production, and philanthropy.

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Quotes and Philosophy


“My father always believed that if you don't take risks, you won't get ahead, but you have to be smart about the risks you take.”

Fun Facts & Trivia


  • He sold his company, Broadcast.com, to Yahoo! for $5.7 billion in 1999.
  • He co-founded the company with Mark Cuban.
  • Broadcast.com pioneered the online audio and video streaming model.
  • He holds a J.D. Law degree from UVA.
  • He founded the Todd Wagner Foundation to support at-risk youth and education.
  • His philosophy emphasizes technological excellence and social responsibility.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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