Tood Pedersen Net Worth is around $30 million as of 2025. He an American businessman named Todd Richard Pedersen. He best known for starting and running Vivint, Inc., a major company in smart home control, security, and energy. Many people interested in his net worth and professional achievements because he went from being poor to becoming a well-known businessman. People admire Pedersen for changing the way door-to-door sales were done in the home security business and creating a company that became a big player and innovator in smart home technology. He is in the David Eccles School of Business Hall of Fame and the Blackstone Group bought Vivint for more than $2 billion. These are two of his most important accomplishments.
Social Profiles
Quick Bio
| Attribute | Details |
|---|---|
| Full Name | Todd Richard Pedersen |
| Date of Birth | November 23, 1968 |
| Birthplace | Seattle, Washington, USA |
| Early Life | Raised in Idaho Falls, Idaho, 4th of 11 children |
| Education | Attended Brigham Young University |
| Early Career | Started in pest control, then home security door-to-door sales |
| Founded | APX Alarm Security Solutions (1999), later rebranded Vivint (2011) |
| Key Leadership Roles | Founder & CEO of Vivint Smart Home (till 2021), Vivint Solar |
| Major Achievements | Grew Vivint into a $2 billion company, inducted into David Eccles School of Business Hall of Fame (2015), Ernst & Young Entrepreneur of the Year (2010) |
| Business Innovations | Door-to-door sales model, employee benefits like on-site medical clinic, recreations |
| Philanthropy | Supports Vivint Gives Back, Feed My Starving Children, promotes early education programs |
| Personal Life | Married with five children, resides in Provo, Utah |
| Net Worth Estimate | Approx. $30 million based on holdings and ventures |
| Stepped Down As CEO | 2021 |
Who is Tood Pedersen?
I was born on November 23, 1968, in Seattle, Washington. I grew up in Idaho Falls, Idaho, as the eleventh child of a family of twelve. He moved to Provo, Utah, after high school and a two-year service for his church. Pedersen started his career by running small businesses like house cleaning and pest control. He was so eager to be an entrepreneur that he switched fields and began selling burglar alarms door-to-door. He got his early education by going to Brigham Young University and working on his business while taking classes.
Career Journey of Tood Pedersen
The two of them started APX Alarm Security Solutions together in Provo, Utah, in 1999. Keith Nellesen was a friend from high school. APX grew quickly with his famous door-to-door marketing plan. In 2011, it changed its name to Vivint to reflect its focus on smart living through home automation. Under his direction, Vivint grew beyond security and started offering energy options through Vivint Solar. Pedersen’s style of leadership characterized by new ideas in both products and employee relations. For example, at company headquarters, he set up a restaurant, a free medical clinic, and recreation areas. His story told on the reality show Undercover Boss in 2015. He retired as CEO of Vivint in 2021, leaving behind over 13,500 employees.
Tood Pedersen Net Worth Overview
There are different estimates of how much Todd Pedersen is worth. Reports that you can trust say that his net worth is about $30 million because he owns shares in Vivint Smart Home Inc. and Vivint Solar Inc. Other sources say that his total net worth is more like $200 million to $300 million. This because Blackstone Group bought Vivint for $2 billion in 2012 and he is still involved in a number of business ventures. Over many years, he has built up his wealth by starting, growing, and then selling big companies in the energy and home automation industries. In comparison to other entrepreneurs in the tech and home security fields, Pedersen is a well-known figure with a lot of power and money.
Sources of Income
The main ways Todd Pedersen makes money are from:
- Starting Vivint Smart Home and Vivint Solar and running them.
- These companies and Mosaic Acquisition Corp. owned by people with large shares.
- Executive salaries and bonuses while serving as CEO.
- Investments and equity in related business ventures.
- His involvement in the home automation, security, and renewable energy markets.
- Brand collaborations and speaking engagements, reflecting his status as a respected business leader.
Achievements and Recognition
Todd Pedersen has earned multiple awards, including Ernst & Young’s Entrepreneur of the Year (2010), recognition by the Utah Valley Entrepreneurial Forum (2012), and MountainWest Capital Network (2013). He inducted into the David Eccles School of Business Hall of Fame in 2015. These honors recognize his significant contributions to the home automation industry and his leadership in innovation and business growth. Under his guidance, Vivint became one of the most innovative companies globally.
Philanthropy and Social Contributions
Pedersen supports philanthropy through Vivint Gives Back, a nonprofit that collaborates with organizations such as Feed My Starving Children. He invested in community initiatives and public education, particularly promoting early-age math skills through tools like the abacus. His philanthropic efforts contribute positively to his public image, showcasing a commitment to social responsibility alongside business success.
Lifestyle and Personal Life
Todd Pedersen maintains a lifestyle that reflects his entrepreneurial success. While specific details about his personal wealth expenditures remain private, he known for investing in real estate and maintaining work-life balance by valuing family and personal interests. His approach to business and life often emphasizes grit, passion, and a grounded mindset developed from humble beginnings.
Challenges and Controversies (if any)
Throughout his career, Pedersen faced challenges typical in entrepreneurial ventures, including market competition and scaling a business rapidly. There no widely reported major controversies. His ability to overcome obstacles highlighted by his pivot from pest control to home security and eventually to solar energy, demonstrating adaptability and resilience.
Future Outlook of Tood Pedersen Net Worth
Given the continued growth in smart home technology and renewable energy, Todd Pedersen’s net worth has potential to grow through new ventures or expansions related to these sectors. Market trends favor increasing integration of automation and sustainability, and Pedersen’s proven vision positions him well for ongoing financial growth and influence.
FAQs
How much money does Todd Pedersen have now?
Based on the businesses he owns and runs, estimates range from $30 million.
How did Todd Pedersen get his cash?
Most notably by starting and running Vivint Smart Home and Vivint Solar and using new direct sales methods.
What businesses did Todd Pedersen start?
work with APX Alarm Security Solutions (now Vivint), Vivint Solar, and other companies, such as Mosaic Acquisition Corp.
Does Todd Pedersen give money to good causes?
Yes, Vivint Gives Back and relationships with good causes make that possible.
What does Todd Pedersen’s financial future look like?
Positive, helped by the growing markets for smart homes and green energy, as well as the chance to open new businesses.
Conclusion
Todd Pedersen journey from selling pest control door-to-door to founding a multi-billion dollar home automation company exemplifies entrepreneurial success and innovation. His net worth reflects decades of hard work, smart business decisions, and visionary leadership. Pedersen’s story inspires entrepreneurs worldwide, showcasing how passion and perseverance can lead to remarkable accomplishments.
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