Todd Wagner Net Worth & Biography
|Popular Name:||Todd Wagner|
|Real Name:||Enos Stanley Kroenke|
|Birth Date:||August 2, 1960|
|Birth Place:||Gary, Indiana, United States|
|Profession:||Businessman, Entrepreneur, Investor, Filmmaker|
|Net Worth:||$2 Billion|
Mr. Todd Wagner is a successful American businessman who is responsible for founding Broadcast.com. He also happens to be the founder and chairman of Charity Network. To also include, this respected entrepreneur owns several entertainment assets with the American business tycoon Mark Cuban, including 2929 Entertainment. He is involved in philanthropy as well and has established the Todd Wagner Foundation to render his support to various charity causes.
Early Life: Childhood, Education
Todd R. Wagner was born in Gary, Indiana, the United States on August 2, 1960.
He attended Merrillville High School to complete his high school studies. After that, he went on to register at Indiana University where he earned his bachelor’s degree in 1983. He proceeded to the University of Virginia for his law degree.
Professional Life: Business Career
After completing his studies, Todd Wagner became Texas’s licensed CPA and later started having a legal career with firms in the United States including the likes of Akin Gump Strauss Hauer & Feld LLP and Hopkins & Sutter.
In 1995, he joined hands with Mark Cuban and they started AudioNet which they used to broadcast live sports events and radio stations on the internet. He became the company’s chief executive officer and the business services of the company were soon expanded to reach a wide range of consumers. AudioNet was renamed Broadcast.com in 1998 and was also taken public. A year later, they sold the company to Yahoo! for $5.7 billion, and both men became billionaires after this deal. It was reported that the transaction also made 300 employees of the company to become millionaires. Even after its sale, Todd continued to be in Yahoo! until 2000 when he quit to focus on other interests.
Following the success they achieved from their first combined venture, Todd and Mark began to form Wagner/Cuban Companies. This also included the 2929 Productions. They went on to produce several successful films like “Good Night, and Good Luck”, “Enron: The Smartest Guys in the Room”, “Akeelah and the Bee”, and “The Road”. On his own, Wagner has executive produced tons of films and television shows including “Fay Grim”, “Fast Track”, “Godsend”, “Star Search”, “Black Christmas”, “What Just Happened?”, “Broken English”, “One Last Thing…”, “The War Within”, “The Benefactor”, and “The Jacket”, among others. He has done many other entertainment ventures as well. Wagner is the co-owner of the film production company HDNet Films. He also has interests in Lions Gate Entertainment and The Weinstein Company. Not to forget, this businessman serves on the board of trustees of the American Film Institute and also has stakes in Dallas Mavericks.
Achievements: Awards & Honors
Mr. Wagner, along with his friend and business partner Mark Cuban, won the Tribute Award at the Gotham Awards in 2006. The same year, the National Five Star honored him with the Visionary Award.
He was named by The Center for Nonprofit Management as the Social Entrepreneur of year 2002. He also won the Kappa Sigma Man of the Year Award.
In 2003, he was honored by the Urban League of Greater Dallas in recognition of his remarkable contribution to philanthropy.
He and Cuban own and manage the Wagner/Cuban Companies. Their production company, 2929 Productions, produced two Oscar-nominated films: “Enron: The Smartest Guys in the Room” and “Good Night, and Good Luck”.
Mr. Wagner is deeply involved in philanthropy and has established the Todd Wagner Foundation which is known for its sub-programs, The Minority Technology Fund and The Dallas After-School All-Stars. The Minority Technology Fund focuses on providing financial assistance for technology businesses that are owned by minorities in Dallas. The goal of the Dallas After-School All-Stars is to provide academic programs, technology, and sports for inner-city children even when school isn’t in session.
Todd Wagner Net Worth: Salary, Income Sources, Assets
As of the time of publishing this report, Mr. Todd Wagner’s net worth is reportedly over $2 billion. In case you’re wondering how he has amassed such a huge fortune, this businessman has found considerable success in his career, especially after his breakthrough was marked by the successful sales of Broadcast.com which he co-founded and sold for roughly 3 billion dollars. He has stakes in countless other companies and businesses, which, as expected, supports his wealth as additional sources of income.
Todd Wagner is reputed as one of the world’s most popular businessmen. He founded the Todd Wagner Foundation, created Minority Technology Fund, and developed MIRACLES technology. After starting his career as a CPA and lawyer in Dallas, Texas, with several firms, he teamed up with future Dallas Mavericks owner Mark Cuban to launch a company that provided broadcast services, particularly live sports and radio stations, over the Internet. When their company went public, Wagner who was serving as the company’s chief executive officer benefitted immensely from the shares which swiftly climbed 249% on opening day.