Fandango Founder Net Worth (Updated 2025).
Born in 1968, Ted Farnsworth’s entrepreneurial journey began in his early twenties when he started a small computer consulting business in his hometown of Atlanta, Georgia. This venture, though modest, laid the groundwork for his future success, teaching him the ins and outs of running a business and the importance of customer satisfaction.
In the late 1990s, Farnsworth shifted his focus to the burgeoning internet industry, founding a series of successful internet companies, including Net Commerce and Access Digital. His innovative approach to e-commerce and his ability to anticipate and capitalize on emerging trends in the digital landscape began to draw attention, setting the stage for his most significant venture yet: Fandango.
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Table Of Contents
- Fandango Founder’s Current Net Worth (2025)
- Career
- Other Ventures
- Assets
- Annual Income
- Frequently Asked Questions: Fandango Founder Net Worth
- 1. Who is the founder of Fandango?
- 2. When was Fandango founded?
- 3. What is Fandango’s main business?
- 5. How did John Coulter start Fandango?
- 6. What is the Fandango founder’s background?
- 7. Who are the other co-founders of Fandango?
- 8. Has Fandango been acquired by any company?
- 9. What other ventures has the Fandango founder been involved in?
- 10. What is the Fandango founder’s philanthropic work?
Fandango Founder’s Current Net Worth (2025)
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As of 2025, Fandango’s founder, Ted Leonsis, has an estimated net worth of $1.5 billion. This significant wealth is primarily attributed to his successful entrepreneurship and investments in the technology and entertainment sectors.
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Career
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Ted Leonsis, born in 1957, began his career as a software engineer at IBM. He co-founded Fandango, a movie ticketing service, in 1998, which he later sold to Comcast in 2007. Post-Fandango, he served as the CEO of Groupon from 2013 to 2015. Currently, he is the majority owner of the NHL’s Washington Capitals and the WNBA’s Washington Mystics.
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Other Ventures
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Leonsis is also a prominent venture capitalist, having invested in numerous successful startups like Uber, Slack, and Airbnb. He co-founded Revolution Growth, a venture capital firm focused on investing in startups and growth-stage companies. Additionally, he is a philanthropist, supporting various educational and community initiatives.
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Assets
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Leonsis’ assets include a majority stake in Monumental Sports & Entertainment, which owns the Washington Capitals, Washington Wizards, and other sports teams and venues. He also owns a significant stake in the technology company, Snagajob. His real estate portfolio includes properties in Washington D.C., Virginia, and Maryland.
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Annual Income
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As a successful entrepreneur and investor, Leonsis’ annual income is substantial but fluctuates year to year. His primary sources of income include dividends from his investments, salaries from his ventures, and capital gains from his business deals. According to Forbes, in 2021, his estimated annual income was around $100 million.
Frequently Asked Questions about Fandango Founder
Frequently Asked Questions: Fandango Founder Net Worth
1. Who is the founder of Fandango?
The founder of Fandango is John F. Coulter.
2. When was Fandango founded?
Fandango was founded in 2000.
3. What is Fandango’s main business?
Fandango is a movie ticketing service that also offers movie news, trailers, and reviews.
4. What is the Fandango founder’s net worth?
The Fandango founder’s net worth is estimated to be around $500 million.
5. How did John Coulter start Fandango?
John Coulter started Fandango after noticing the inconvenience of buying movie tickets. He saw an opportunity to streamline the process and launched Fandango in 2000.
6. What is the Fandango founder’s background?
John Coulter has a degree in Computer Science from the University of Southern California. Before starting Fandango, he worked as a software engineer and a management consultant.
7. Who are the other co-founders of Fandango?
Besides John Coulter, the other co-founders of Fandango are Ted Meisel and Chuck Davis.
8. Has Fandango been acquired by any company?
Yes, in 2007, Comcast’s NBCUniversal acquired Fandango.
9. What other ventures has the Fandango founder been involved in?
After Fandango, John Coulter co-founded the movie ticketing app Atom Tickets in 2014.
10. What is the Fandango founder’s philanthropic work?
John Coulter is involved in various philanthropic activities, including supporting education and healthcare initiatives. He is also a member of The Giving Pledge, a campaign to encourage wealthy people to contribute a majority of their wealth to philanthropic causes.
