American businessman Todd Pedersen is most renowned for being a co-founder of Vivint Smart Home, a well-known supplier of automation services and smart home technologies. Pedersen, who was born and reared in Utah, has established a prosperous corporate career by strategically growing Vivint and exercising inventive leadership. Todd Pedersen’s ownership investment in Vivint and other businesses are expected to have contributed to his anticipated $30 million net worth by 2025. He is known for his community service and philanthropy in addition to his commercial accomplishments. Pedersen keeps his personal life very secret despite his considerable wealth, concentrating on increasing the influence of his business and supporting philanthropic organizations.
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Quick bio
| Category | Information |
|---|---|
| Full Name | Todd Richard Pedersen |
| Birth Date | November 23, 1968 |
| Birthplace | Seattle, Washington, USA |
| Education | Attended Idaho Falls High School; Mission for church; Some higher education including association with Brigham Young University |
| Occupation | Entrepreneur, Founder and former CEO of Vivint Smart Home |
| Notable Achievements | Founded Vivint, a leading smart home and home security company; expanded into solar energy |
| Net Worth (2025) | Estimated $30 million |
| Philanthropy | Significant charitable contributions, including $35 million gift to children’s hospital; active in community and education initiatives |
| Awards and Honors | Ernst & Young Entrepreneur of the Year (2010), MountainWest Capital Network Entrepreneur of the Year (2013), Utah Valley Entrepreneurial Forum Entrepreneur of the Year, inducted into David Eccles School of Business Hall of Fame (2015) |
| Personal Life | Married to Andie Pedersen, lives in Provo, Utah; has five children; member of Church of Jesus Christ of Latter-day Saints |
| Career Highlights | Grew Vivint from door-to-door sales to a $2 billion acquisition by Blackstone Group; launched Vivint Solar; known for innovative employee benefits |
Early Years and Upbringing
Born in Seattle, Washington, on November 23, 1968, Todd Richard Pedersen grew up in Idaho Falls, Idaho, as the fourth of eleven children. After graduating from Idaho Falls High School, he embarked on a two-year church mission. He moved back to Provo, Utah, and started his profession selling door-to-door in a small pest treatment company out of a trailer in Arizona. He later developed an entrepreneurial mindset as a result of these early experiences, which taught him perseverance, resilience, and the importance of face-to-face interaction with customers.
The Entrepreneurial Path
Todd applied his experience in door-to-door marketing to home security goods when he co-founded APX Alarm Security Solutions in Provo, Utah, in 1999 with his high school friend Keith Nellesen. In 2011, the company changed its name to Vivint Smart Home, emphasizing security and intelligent home automation. Vivint began as a small door-to-door sales organization . And has now expanded into a significant technological company known for its cutting-edge smart home appliances.
Professional Accomplishments and Business Initiatives
In addition to home security, Vivint Solar (later a division of Sunrun) offered solar energy solutions as part of its portfolio expansion under Pedersen’s direction. His creative approach to employee relations . Which included offering free medical care, recreational facilities. And an on-site restaurant, has been acknowledged as a component of Vivint’s corporate culture. Pedersen supported educational efforts and expanded his business endeavors into other investments.
Todd Pedersen’s Net Worth as of 2025
According to current estimates, Todd Pedersen’s net worth is between $30 million and $35 million, mostly due to his stock holdings, leadership position at Vivint Smart Home, and income from other investments. The Blackstone Group’s $30 million purchase of Vivint in 2012 was a significant event that solidified Pedersen’s standing as a prosperous tech entrepreneur.
Income and Business ventures
Todd Pedersen’s earnings and commercial endeavors
The main sources of wealth for Vivint Smart Home creator and former CEO Todd Pedersen are his leadership and stock ownership in Vivint and other businesses. Among his sources of income are:
Founded in 1999 by Pedersen, Vivint Smart Home has grown from a modest door-to-door alarm sales company to a multibillion dollar juggernaut in smart home technology. As CEO, he had a high salary, with over $30 million in 2021 listed as compensation.
- Stock Holdings: According to recent SEC filings, Pedersen has over $2 million worth of shares in Vivint Smart Home, totaling over 135,000. Additionally, he has served as a director and a major stakeholder in Mosaic Acquisition Corp. and Vivint Solar Inc.
- Business ventures: Using his success as an entrepreneur, he has investments in solar energy and other innovation projects in addition to Vivint.
- Philanthropy: The Pedersen family is renowned for their substantial contributions to charity causes, such as their $35 million gift to the Primary Children’s Hospital of Intermountain Healthcare and their support of educational programs.
Comparison with other Celebrities
A significant financial milestone in his career was reached in 2012 when The Blackstone Group acquired Vivint for over $30 million. At Vivint’s corporate offices, Pedersen is credited for inventing cutting-edge staff perks like on-site medical clinics, recreational spaces, and dining alternatives.
With a projected net worth of between $30 and $35 million in 2025, Todd Pedersen is a prosperous businessman. He is the founder and former CEO of Vivint Smart Home, a firm that started out selling door-to-door alarms before evolving into a major supplier of solar energy and smart home technologies.
Compared to other well-known individuals:
- Todd Pedersen: around $30–35 million, IT entrepreneur and energy and smart home philanthropist.
- Rain Pryor, daughter of comic great Richard Pryor, is an actress, comedian, and author worth approximately $5 million.
- Trey Gowdy: ~$10 million, legal analyst, former US congressman.
- Adam Kotas: a social media star and Catholic priest worth over $5 million.
Actor Robin Williams’ widow, Susan Schneider Williams, is a $1–3 million artist and advocate.
Particularly noteworthy among celebrities who have left entrepreneurial legacies . Todd’s net worth demonstrates significant economic success and impact in the fields of technology and entrepreneurship.
His wealth and influence in the smart home sector . And community philanthropy make him a highly successful and well-respected figure in his field . Even though he not a billionaire like tech titans like Elon Musk or Jeff Bezos. As of 2025, this comparison demonstrates the range of income and influence among public figures and entrepreneurs across several industries.
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Community Service and Philanthropy
The Pedersen family is famous for their charitable contributions . Including a landmark $30 million gift to Intermountain Healthcare’s Primary Children’s Hospital, supporting pediatric health projects. Todd aggressively promotes philanthropy, education, and community development through the Vivint Gives Back foundation and other projects.
Honors and Acknowledgments
In recognition of his noteworthy contributions to technology and innovation . Todd Pedersen has received numerous honors, including the Ernst & Young Entrepreneur of the Year (2010). The Utah Valley Entrepreneurial Forum Entrepreneur of the Year (2012). And induction into the David Eccles School of Business Hall of Fame (2015).
Individual Life
Todd’s dedication to his family and community is evident in his personal life. He married to Andie Pedersen, and the two of them have a resilient, religious, and family-oriented lifestyle. Beyond his success in business, Todd’s character demonstrated by his candid discussion of his personal hardships, which include a major accident and family health issues.
Influence and Legacy
Todd Pedersen combined innovative technology with successful sales techniques to transform the smart home and security sector. Future business owners have impacted by his leadership and vision, which has also established industry norms for employee interactions and company expansion.
Plans for the Future and the Business Outlook
Todd still looking into new business endeavors and investments after his divorce, and his continued influence anticipated to increase his wealth. He places a strong emphasis on creating sustainable businesses and giving back.
Comparing Yourself to Other Entrepreneurs
Todd Pedersen separates out from other tech entrepreneurs in the smart home market thanks to his innovative technology and grassroots sales strategy. While his net wealth low compared to Silicon Valley billionaires, his impact on the industry and community is tremendous.
In conclusion
Todd Pedersen’s path from door-to-door sales to starting a billion-dollar smart home business a prime example of entrepreneurial success driven by perseverance, creativity, and charity. His business savvy is just one aspect of his greater legacy, as seen by his projected net worth of $30–35 million in 2025.
FAQs
What is the 2025 net worth of Todd Pedersen?
Between $30 and $35 million.
What was Todd Pedersen’s source of income?
by starting and expanding Vivint Smart Home and making investments in associated businesses.
Does Todd Pedersen continue to work with Vivint?
Despite leaving his position as CEO in 2021, he is still well-known in the sector.
Which companies does Todd Pedersen own stock in?
mostly solar energy, smart home technology, and charitable foundations.
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