Portrait of Todd Wagner

Rank #1794

Todd Wagner

Net worth $2.3B

Online media · United States

Born
Aug 02, 1960
Age
65
Source
Online media
Residence
Dallas, Texas
Citizenship
United States
Marital status
Married
Children
1
Education
Bachelor of Arts/Science, Indiana University; Doctor of Jurisprudence, University of Virginia

Net worth over time

Biography

  • With business partner Mark Cuban, Todd Wagner joined the billionaire ranks after selling video portal Broadcast.com to Yahoo in 1999.
  • The $5.7 billion sale didn't just benefit Wagner and Cuban: their 300 employees became millionaires.
  • Wagner safeguarded his shares against the dot-com bubble's epic burst with put options.
  • Since then, Wagner and Cuban have continued to invest together in ventures such as Magnolia Pictures, AXS TV and the Dallas Mavericks.
  • He also founded and runs online fundraising platform Charity Network, which has raised over $650 million for charity since it was started in 2014.
  • Wagner sold his stake in the Dallas Mavericks in December 2023.
  • Wagner had a cameo role in the 2006 movie "Akeelah and the Bee," which he also produced.