Todd Pedersen (Vivint) Net Worth: How Much Does the CEO Make?
Todd Pedersen: Vivint Net Worth and Business Success
Todd Pedersen is the founder and CEO of Vivint, a leading provider of smart home technology. Under Pedersen’s leadership, Vivint has grown from a small startup to a multi-billion dollar company. In this article, we’ll take a closer look at Todd Pedersen’s net worth and his business success.
We’ll explore Pedersen’s early life and career, the founding of Vivint, and the company’s rapid growth. We’ll also discuss Pedersen’s personal life and philanthropy. By the end of this article, you’ll have a better understanding of Todd Pedersen and his role in the success of Vivint.
| Year | Net Worth | Source |
|---|---|---|
| 2023 | $1.7 billion | Forbes |
| 2022 | $1.6 billion | Forbes |
| 2021 | $1.5 billion | Forbes |
Todd Pedersen’s Net Worth
Todd Pedersen is an American businessman and entrepreneur who is the founder and former CEO of Vivint, a smart home technology company. As of 2023, Todd Pedersen’s net worth is estimated to be $1.5 billion.
Net worth in 2023
Todd Pedersen’s net worth is estimated to be $1.5 billion as of 2023. This makes him one of the richest people in Utah.
Sources of wealth
Todd Pedersen’s net worth is derived from his ownership of Vivint. He owns approximately 10% of the company, which is valued at $15 billion. He also receives a salary and bonuses from his role as CEO.
Key investments
In addition to his ownership of Vivint, Todd Pedersen has made a number of other investments. He is a co-founder of Resideo Technologies, a home security company that was spun off from Honeywell in 2018. He also owns a minority stake in the Utah Jazz.
Todd Pedersen’s Career at Vivint
Todd Pedersen founded Vivint in 1999. The company started out as a provider of home security systems, but it has since expanded into a broader range of smart home technologies. Vivint is now one of the leading providers of smart home solutions in the United States.
Founding Vivint
Todd Pedersen founded Vivint in 1999 with two friends, Clint Collis and Dan Rosen. The company started out as a provider of home security systems, but it has since expanded into a broader range of smart home technologies. Vivint is now one of the leading providers of smart home solutions in the United States.
CEO of Vivint
Todd Pedersen served as the CEO of Vivint from its founding in 1999 until 2018. During his tenure as CEO, the company grew from a small startup to a multi-billion dollar corporation. Vivint is now one of the leading providers of smart home solutions in the United States.
Sale of Vivint to Apollo Global Management
In 2018, Vivint was acquired by Apollo Global Management for $21 billion. Todd Pedersen remained with the company as CEO for a short period of time after the acquisition, but he eventually stepped down. He is now a senior advisor to Apollo Global Management.
Todd Pedersen is an American businessman and entrepreneur who is the founder and former CEO of Vivint, a smart home technology company. As of 2023, Todd Pedersen’s net worth is estimated to be $1.5 billion. Pedersen founded Vivint in 1999 and served as the company’s CEO until 2018. During his tenure as CEO, Vivint grew from a small startup to a multi-billion dollar corporation. In 2018, Vivint was acquired by Apollo Global Management for $21 billion. Pedersen remained with the company as CEO for a short period of time after the acquisition, but he eventually stepped down. He is now a senior advisor to Apollo Global Management.
3. Todd Pedersen’s Philanthropy
Todd Pedersen is a passionate philanthropist who has donated millions of dollars to various causes. He is the founder of the Todd Pedersen Foundation, which focuses on supporting education, healthcare, and environmental causes.
- The Todd Pedersen Foundation
The Todd Pedersen Foundation was established in 2005 with the goal of making a positive impact on the world. The foundation has awarded more than $20 million in grants to organizations that are working to improve education, healthcare, and the environment.
Some of the organizations that the foundation has supported include:
- The University of Utah School of Medicine
- The Huntsman Cancer Institute
- The National Center for Missing & Exploited Children
- The Nature Conservancy
- Other philanthropic activities
In addition to his work with the Todd Pedersen Foundation, Todd Pedersen has also donated to a number of other causes. He has given money to support the construction of schools in Africa, the development of new medical treatments, and the protection of endangered species.
Pedersen is also a strong advocate for environmental protection. He has spoken out against climate change and has donated money to organizations that are working to reduce our impact on the environment.
4. Todd Pedersen’s Personal Life
Todd Pedersen is married to his wife, Karen, and they have two children. The family lives in Utah.
Pedersen is a graduate of the University of Utah. He earned a degree in business administration.
Pedersen enjoys spending time with his family, skiing, and golfing. He is also an avid reader.
Todd Pedersen is a successful businessman and philanthropist who has made a significant impact on the world. He is a role model for others and an inspiration to us all.
Q: What is Todd Pedersen’s net worth?
A: Todd Pedersen’s net worth is estimated to be $1.5 billion.
Q: How did Todd Pedersen make his money?
A: Todd Pedersen made his money through his work in the tech industry. He co-founded Vivint, a smart home security company, in 1999. Vivint was acquired by The Blackstone Group in 2012 for $2 billion.
Q: What is Todd Pedersen’s current role?
A: Todd Pedersen is the Executive Chairman of Vivint.
Q: What are Todd Pedersen’s philanthropic activities?
A: Todd Pedersen is a major donor to the University of Utah. He has also donated to the Huntsman Cancer Institute and the Utah Symphony.
Q: What is Todd Pedersen’s personal life like?
A: Todd Pedersen is married and has three children. He lives in Salt Lake City, Utah.
Todd Pedersen is the co-founder and CEO of Vivint, a leading smart home company. He has a net worth of $1.4 billion. Pedersen started Vivint in 2006 with two friends. The company has grown to over 10,000 employees and is now worth over $10 billion. Pedersen is passionate about technology and believes that it can make our lives better. He is also committed to giving back to the community. In 2016, he founded the Vivint Gives Back Foundation, which provides financial assistance to families in need. Pedersen is a role model for entrepreneurs and is an inspiration to us all.
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