Todd Wagner’s profile picture

Todd Wagner

Todd Wagner’s profile picture
Net worth 2018: $1.68 Billion
Industry: Media
Residence: Dallas, Texas
Country: United States
Children: 1
Education: Bachelor of Arts / Science, Indiana University; Doctor of Jurisprudence, University of Virginia
BIOGRAPHY

Todd Wagner was born in Dallas, Texas, United States. Todd Wagner is #1413 in List Billionaires People In The World. With his business partner Mark Cuban, Todd Wagner joined the billionaire ranks after they sold Web startup Broadcast.com to Yahoo in 1999. The $5.7 billion sale of the audio and video portal 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, Landmark Theaters, and AXS TV. He also founded and runs online fundraising platform, Charity Network, which has raised over $200 million for charity since it was started in 2014.

NET WORTH STATISTIC
2009

$1.2 Billion

2010

$1.2 Billion

2011

$1.2 Billion

2012

$1.2 Billion

2013

$1.2 Billion

2014

$1.4 Billion

2015

$1.5 Billion

2016

$1.5 Billion

2017

$1.7 Billion

2018

$1.68 Billion

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. I felt success was something to be proud of, but I had a lot of advantages that other folks don't.

Todd Wagner
TIMELINE
Todd R. Wagner (born August 2, 1960) is the co-founder Broadcast.com and founder and CEO of the Charity Network. He also co-owns 2929 Entertainment with Mark Cuban, along with other entertainment companies.Wagner was born in Gary, Indiana. He attended Merrillville High School and then Indiana University, joining Kappa Sigma Fraternity Beta Theta Chapter. He graduated from Indiana University in 1983. He earned a law degree from University of Virginia and then moved to Dallas, Texas where he became a licensed CPA in the State of Texas, and began a legal career with the national firms Akin, Gump, Strauss, Hauer & Feld and Hopkins & Sutter.In 1995, Wagner launched AudioNet with Mark Cuban, a platform for broadcasting live sporting events and radio stations over the internet. As CEO, Wagner grew the company and expanded its services to include corporate events and business services. In 1998 Wagner and Cuban changed the name to Broadcast.com and took the company public in the midst of the dot-com boom. The Broadcast.com IPO set an opening-day record, with shares climbing 249% from an offering price of $18 to a closing price of $62.75. In 1999, Wagner and Cuban sold Broadcast.com to Yahoo! for $5.7 billion, making 300 employees millionaires (briefly, on paper) and Wagner and Cuban instant billionaires. Wagner continued to lead the division as Yahoo! Broadcast until May 2000, when he declined an offer to become Yahoo!’s Chief Operating Officer to focus on other interests.Using the success of Broadcast.com, Wagner built the Wagner/Cuban Companies including 2929 Productions. Two films the company helped produce received Oscar nominations: (Good Night, and Good Luck and Enron: The Smartest Guys in the Room). Other films include Akeelah and the Bee and The Road. Wagner is currently developing The Chosen Few, a film about the landmark Korean War battle. Good Night, directed by and co-starring George Clooney, was nominated for six Academy Awards including Best Picture.Through 2929 Entertainment, Wagner and Mark Cuban own a group of vertically integrated entertainment properties that includes high-definition production company HDNet Films (produced the Academy Award–nominated documentary Enron: The Smartest Guys in the Room); distributor Magnolia Pictures (released Enron and Oscar-nominated Capturing the Friedmans); home video division Magnolia Home Entertainment; the Landmark Theatres art-house chain; and high-definition cable channels HDNet and HDNet Movies.Wagner also has a stake in the Dallas Mavericks, and he continues to invest in and nurture start-ups. He holds interests in Lions Gate Entertainment, and The Weinstein Company. Additionally, he is founder and co-chairman of Content Partners LLC, a company that invests in the back-end profit participations of Hollywood talent.Additionally Wagner serves on the American Film Institute’s Board of Trustees.In June 2015, it was announced that Wagner had acquired the celebrity charitable fundraising platform Prizeo for an undisclosed sum.In 2014, Wagner launched Chideo, a digital platform designed to raise funds and awareness for causes by connecting fans to celebrities through exclusive video content.Over the next two years, Wagner expanded the concept through the acquisition of online sweepstakes platform Prizeo[1] in June 2015, and online charity auction site Charitybuzz in October 2015.   In 2016, Wagner announced the formation of Charity Network, parent company to Charitybuzz, Prizeo and Chideo, with a mission to help charities transition from analog to digital. The company harnesses the power of celebrity, technology and media to raise awareness and funds for some of the world’s toughest challenges.  In February 2017, Charity Network was named one of Fast Company’s 2017 Most Innovative Companies.In March 2017 Wagner’s Charity Network announced the acquisition of Global Philanthropy Group, a philanthropic consulting firm that develops and implements high-impact philanthropic strategies.Wagner has his own charitable foundation, the Todd Wagner Foundation. After meeting with Arnold Schwarzenegger, Wagner in 2001 launched his Foundation’s first children’s program, the Dallas chapter of the After-School All-Stars (then called Inner-City Games), a national program championed by Schwarzenegger that provides year-round technology, academic, sports and cultural programs for children in the nation's inner cities. The Dallas After-School All-Stars now reaches more than 4,000 children with programs ranging from chess and art classes to golf, running clubs and math competitions.Wagner also created a Minority Technology Fund that provides funding and resources to minority-owned, technology-focused businesses based in Dallas and has made investments in numerous companies including: Imaginuity Interactive, a Web site development firm; Abstract Concepts, developer of African-American communities Ebonymate.com and Dallasblack.com; and rocKnot, a software development firm.Wagner has also developed the MIRACLES technology, education and life skills program that provides an after-school program for inner-city children. This program is currently in its fifth year and is operating in nine cities in conjunction with the national After-School All-Stars. The multi-year program begins in sixth grade and continues through high-school graduation. The Foundation recently made a grant that unites the MIRACLES curriculum with The Boys & Girls Clubs of America’s (BGCA) technology program “Club Tech”.The Foundation has also provided funding to bring KIPP (Knowledge is Power Program) charter school to Dallas in 2003 and to Wagner's hometown of Gary, Indiana in 2006. KIPP Truth Academy is a program for students to develop knowledge, skills and character.Wagner’s philanthropy has earned him several honors including the national First Star “Visionary Award” (2006), the Dallas CASA “Champion of Children” award (2005), the national “Kappa Sigma Man of the Year” award (2003), the Milton P. Levy Jr. Volunteer Award from Dallas' Special Care and Career Services (2008), an honor from the Urban League of Greater Dallas (2003), “Social Entrepreneur of the Year” from Dallas’ Center for Nonprofit Management (2002), and After-School All Stars’ “Man of the Year” (2000).
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