Todd Pedersen should be your model if you are a young entrepreneur struggling with your start-up company. One of the rare business owners who built a company from the ground up to be worth a billion dollars. Todd is the ideal illustration that everything is achievable with enough willpower and grit and that being young does not automatically equate to failure.
Quick Facts
Celebrated Name: | Todd Pedersen |
Real Name/Full Name: | Todd Richard Pedersen |
Gender: | Male |
Age: | 55 years old |
Birth Date: | 23/11/1968 |
Birth Place: | Seattle, Washington |
Nationality: | American |
Height: | 1.7m |
Weight: | 74kgs |
Sexual Orientation: | Straight |
Marital Status: | Married |
Wife/Spouse (Name): | Andie Pedersen |
Children/Kids (Son and Daughter): | Yes |
Dating/Girlfriend (Name): | N/A |
Is Todd Pedersen Gay?: | NO |
Profession: | Entrepreneur |
Salary: | N/A |
Net Worth in 2024: | $270 Million |
Todd Pedersen Biography
Todd Pedersen was born on November 23 in Seattle, Washington, to parents who reared him in Idaho Falls, Idaho. He was the fourth of his parents 11 children, so his family was large. Before enrolling at Idaho Falls High School, he had his early childhood education there.
Todd stood out among his friends in high school for his entrepreneurial curiosity. He has always felt that he should only learn things that will ultimately be useful to him and society. Todd became who he is now as a result of this. Todd Pedersen chose to focus on growing the start-up business he had started while still in school rather than finishing his degree at Brigham Young University as a result of his entrepreneurial mindset.
Todd Pedersen’s Age, Height, Weight
Todd Pedersen was born on November 23, 1968, and is 55 years old as of 2024, which is the current date. He stands 1.7 meters tall and weighs 74 kilograms.
Career
Todd Pedersen applied for a job at a pest control business one day but was turned down. At this point, Todd made the decision to start his own business in order to work for the rival organization the one that had rejected him. He hired ten individuals, and the group started selling pest control goods in Arizona door to door while towing a trailer. He began this with a loan from his mother, which he later repaid.
After some time, he decided to stop selling pest control goods, and, along with his friend Keith Nellesen, they formed APX Alarm Solutions in 1999. a Utah security firm specializing in burglar alarms in Provo. His door-to-door marketing method helped the business expand quickly. Later, the business would change its name to Vivint, which is currently a significant rival in the security alarms sector.
Recognition & Achievements
Throughout his career, Todd has been nominated for a number of accolades thanks to his business abilities. He was selected Entrepreneur of the Year by Ernst & Young in 2010. Later, in 2012, he would take home the same prize once more, but with Utah Valley Entrepreneurial Forum. That wasn’t the end of it because the Mountain West Capital Network recognized him as an entrepreneur of the year the following year. Todd gave all of these accolades to his team, who collaborated to accomplish something amazing.
Todd Pedersen’s Estimated Net Worth In 2024
Todd Pedersen projected net worth as of February 2024 is $270 million. Vivint was purchased by Blackstone Group in 2012 for $2 billion. Given that he was one of the founders, it is clear that this sale netted him a sizable profit. He continues to serve as the company’s CEO today, earning a respectable salary.
Todd Pedersen Wife, Marriage
Todd Pedersen is one of those guys that loves to keep his family and personal life secret, thus not much can be stated about it. However, Todd’s marriage to Andie Petersen, his high school sweetheart, and their five children are public knowledge. Todd has been a devoted Christian since he was a little child, and he and his family are members of the LDS church, often known as the Mormon Church.
Todd and his wife are well renowned for maintaining their physical fitness. When they first joined Zealous Training, they had a personal trainer named Mike, and they were very complimentary of him. Todd enjoys off-road racing, and in 2016, he was a passenger in a car crash that killed an eight-year-old youngster.