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Myspace Tom Net Worth (Updated 2025).

Written ByAdam Mitchell Hours Updated onJuly 28, 2025

Myspace Tom, born as Thomas Anderson, began his career in the early 2000s as a musician, playing in various bands and honing his skills in the local music scene. He moved to Los Angeles to pursue his musical dreams, where he co-founded the band “The Pussycat Dolls” as a songwriter and producer. However, it was his involvement in a small social networking site that would catapult him to fame.

In 2003, Myspace, then known as “MySpace,” was launched. Tom Anderson, with his technical background and understanding of the music industry, was hired as the co-founder and co-owner of the site. He played a pivotal role in the site’s growth, becoming the face of the platform and the first friend of every user. His popularity soared as Myspace became the largest social networking site in the world, with millions of users connecting through his profile.

Myspace Tom’s Current Net Worth (2025)

As of 2025, Myspace co-founder Tom Anderson, widely known as “Myspace Tom,” has an estimated net worth of $60 million. This figure reflects his successful entrepreneurship in the tech industry, primarily from his role in the creation and growth of Myspace.

Career

Anderson’s career began in 1999 when he co-founded the social networking site, Myspace, with Chris DeWolfe. Under his leadership as the company’s president, Myspace grew to become the largest social networking site in the world by 2006, surpassing even Facebook. He left Myspace in 2009 after it was acquired by Specific Media and Justin Timberlake.

Other Ventures

After leaving Myspace, Anderson has been involved in various tech ventures. He co-founded the mobile app company, Jambool, in 2006, which was later acquired by Google. He also served as an advisor to the social gaming company, Playdom, which was acquired by Disney. More recently, he has been involved in the cryptocurrency and blockchain space, founding the company, Chingari, in 2018.

Assets

Anderson’s assets include a significant stake in Myspace, which he sold for a reported $100 million in 2009. He also owns equity in various tech startups and cryptocurrency ventures. Additionally, he has real estate investments, including properties in Los Angeles and the San Francisco Bay Area.

Annual Income

Anderson’s annual income varies year to year due to his involvement in multiple ventures. However, as of 2025, his estimated annual income is around $5 million. This includes earnings from his equity stakes in various companies, as well as any consulting or advisory roles he may hold.

Frequently Asked Questions about  Myspace Tom

1. Who is Myspace Tom?

Myspace Tom, whose real name is Thomas Anderson, is an American internet entrepreneur and musician. He is best known for being the co-founder of the social networking site Myspace.

2. When was Myspace founded?

Myspace was founded in August 2003 by Tom Anderson, Chris DeWolfe, and a group of investors.

3. What was Tom Anderson’s role at Myspace?

Tom Anderson served as the co-founder and former president of Myspace. He was also the face of the website, with his profile being the first one users saw when they signed up.

4. Why is Tom Anderson often referred to as “Myspace Tom”?

Tom Anderson earned the nickname “Myspace Tom” because he was the first friend of every new user on the Myspace platform. His profile was automatically added to the friend list of every new user, making him the “Welcome Wagon” of the site.

5. What happened to Myspace?

Myspace’s popularity declined after the rise of Facebook and other social media platforms. In 2011, News Corp sold Myspace to Specific Media for $35 million, and in 2016, Time Inc. bought Myspace and relaunched it as a music-focused platform.

6. What is Tom Anderson doing now?

After leaving Myspace, Tom Anderson has been involved in various projects, including a music label and a mobile app. He is also an active investor in tech startups.

7. What is Tom Anderson’s net worth?

As of the latest estimates, Tom Anderson’s net worth is approximately $60 million.

8. How did Tom Anderson make his money?

Tom Anderson made his fortune primarily from his stake in Myspace. He also earned money from his investments in other tech startups and his music label.

9. Did Tom Anderson sell his stake in Myspace?

Yes, Tom Anderson sold his stake in Myspace in 2011 when News Corp sold the company to Specific Media.

10. Is Tom Anderson still involved in the tech industry?

Yes, Tom Anderson is still involved in the tech industry. He has invested in several tech startups and continues to follow the industry’s developments.

Adam Mitchell

Hey there, I'm Adam Mitchell and I'm all about covering the latest in celebrity news. With a deep interest in pop culture, I bring a fresh and insightful perspective to entertainment journalism.

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