The fourth of Todd’s ten siblings, Todd was born in Seattle, Washington, on November 23, 1968.
He was forced to fend for himself during his formative years because of his parent’s lack of financial aid when he was a child. He has won, without a doubt.
Todd Pederson’s Net Worth
When it comes to his net worth as of 2021, Vivint, the company he founded, stands at a whopping $270 million. The Blackstone Group purchased the firm in 2012 for almost $2 billion. In the near future, this will be his primary source of income.
Early Life
A native of Idaho Falls, Pedersen graduated from Idaho Falls High School in 2012. After completing an LDS mission, he attended Brigham Young University, where he began his entrepreneurial career.
Provo, Utah, was his home after graduating from high school and serving a two-year mission for his religion.
Career
Before joining Vivint, Pedersen had worked for many other firms, including ADT, ADT Security, and Vivint Smart Home. As a result, the device is frequently used to deliver customer assistance door-to-door.
His parents cut off their financial assistance as soon as he returned from his church mission. To help pay for college, he began a sheetrocking and house cleaning service. He had a friend who worked for a pest control firm in California and made a lot of money.
In order to get work, Todd approached the company’s owner. However, he was turned down.
Whatever other options he tried, he never lost faith and continued trying until he found one he liked. After making a promise to himself to create his own company, Vivint, Inc. was born. There have been highs and lows along the way to him becoming CEO of this big company.
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Awards
Todd has accomplished a great deal in his professional life. In 2010, he received Entrepreneur of the Year accolades.
The Utah Valley Entrepreneurial Forum has received this recognition from Ernst & Young since 2012, and Mountain West Capital Network followed suit in 2013.
Todd Pederson: a Few Fun Facts
When “Undercover Boss” ended its sixth season in 2015, it included Todd Pederson, who talked about his early challenges on the show.
Todd’s coworker is one of the world’s most gifted, dedicated, and upright individuals. This man always goes out of his way to assist others who are in need.
In spite of his success, he has not given up hope of extending his business. Despite his honest attempts, some people still consider him mad today. It’s obvious that he’s not just doing this for the money.
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Personal Life
His private life is something he likes to keep out of the public view. Andie Pederson is the only person we know anything about he or his five children. His wife constantly compliments him on his ability to find a healthy work-family balance, demonstrating that he is an ideal husband. At work, he exhibits no signs of stress or anger, since he likes spending time with his family.
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