Todd Pedersen co-founded Vivint in 1999, initially launching the company as APX Alarm Security Solutions with a focus on home security systems. Starting in Provo, Utah, Pedersen leveraged his entrepreneurial drive and sales acumen to grow the business from a small operation into a major player in the smart home industry. His hands-on leadership and innovative approach helped Vivint expand beyond traditional security, integrating cutting-edge automation technology that set it apart from competitors. By prioritizing customer experience and scalable solutions, Pedersen positioned Vivint as a leader in the market, eventually attracting significant investment and partnerships.

Pedersen’s reputation grew as Vivint became synonymous with smart home innovation, earning recognition for its solar energy solutions and AI-driven technology. His ability to identify emerging trends and adapt quickly cemented his status as a forward-thinking entrepreneur. Under his guidance, Vivint secured partnerships with major tech companies and expanded its services nationwide, making Pedersen a prominent figure in the industry. His straightforward, results-driven leadership style and commitment to growth turned Vivint into a household name, showcasing his talent for transforming ideas into successful enterprises.

Todd Pedersen Vivint’s Net Worth in 2025

Todd Pedersen, co-founder of Vivint Smart Home, has an estimated net worth of $1.2 billion as of 2025. His wealth primarily stems from his stake in Vivint, along with other successful investments. Despite market fluctuations, Pedersen’s financial standing remains strong due to his strategic business decisions and leadership in the smart home industry.

Todd Pedersen Vivint’s Career

Pedersen co-founded Vivint in 1999, transforming it from a small security company into a leading smart home technology provider. Under his leadership, Vivint expanded rapidly, going public in 2020. Known for his innovative vision, Pedersen played a key role in shaping the company’s growth and industry reputation before stepping down as CEO in 2020.

Todd Pedersen Vivint’s Other Ventures

Beyond Vivint, Pedersen has invested in real estate, tech startups, and venture capital. He co-founded Vivint Solar (now Sunrun) and remains active in entrepreneurship. His portfolio includes early-stage tech companies, reflecting his interest in disruptive innovation and sustainable energy solutions.

Todd Pedersen Vivint’s Assets

Pedersen owns significant real estate, including luxury properties in Utah and Idaho. His assets also include equity in Vivint, private investments, and a collection of high-value vehicles. His diversified holdings highlight a balanced approach to wealth management.

Todd Pedersen Vivint’s Annual Income

Pedersen’s annual income fluctuates with dividends, investments, and advisory roles, averaging around $20 million. His earnings come from board positions, private equity, and residual income from Vivint. Despite no longer leading the company, his financial inflows remain substantial.

Frequently Asked Questions about  Todd Pedersen Vivint

What is Todd Pedersen’s net worth?

Todd Pedersen’s net worth is estimated to be in the hundreds of millions, primarily accumulated through his role as the co-founder and former CEO of Vivint Smart Home.

How did Todd Pedersen make his money?

Todd Pedersen made his fortune by co-founding Vivint Smart Home, a leading home automation and security company, and growing it into a multi-billion-dollar business before its acquisition by Sun Capital Partners and later by NRG Energy.

Is Todd Pedersen still involved with Vivint?

No, Todd Pedersen stepped down as CEO of Vivint in 2015 but remained involved as a board member until the company was sold to NRG Energy in 2023.

What other businesses has Todd Pedersen been involved in?

Aside from Vivint, Todd Pedersen has invested in various ventures, including real estate, technology startups, and philanthropic initiatives, though Vivint remains his most notable business success.

How much did Todd Pedersen sell Vivint for?

Vivint was sold to NRG Energy in 2023 for approximately $2.8 billion, contributing significantly to Todd Pedersen’s net worth.

What is Vivint Smart Home?

Vivint Smart Home is a company specializing in smart home technology, including security systems, automation, and energy management solutions, founded by Todd Pedersen and Keith Nellesen in 1999.

Did Todd Pedersen face any controversies with Vivint?

Vivint faced some scrutiny over sales practices and customer complaints, but Todd Pedersen and the company worked to address these issues and maintain growth.

What philanthropic efforts is Todd Pedersen known for?

Todd Pedersen has supported various charitable causes, including education, healthcare, and community development, often through donations and personal involvement.

Where is Todd Pedersen from?

Todd Pedersen was born and raised in Utah, USA, and built much of his career there, including the founding and growth of Vivint.

What is Todd Pedersen doing now?

After stepping down from Vivint, Todd Pedersen has focused on investments, entrepreneurship, and philanthropy, though he maintains a relatively low public profile.