Tom Anderson Net Worth

Tom Anderson Net Worth

How much money does Tom Anderson make monthly and yearly? How much is Tom Anderson's net worth?

About Tom Anderson

Thomas Anderson (born November 8, 1970) is an American technology entrepreneur and co-founder of the social networking website Myspace, which he founded in 2003 with Chris DeWolfe. As of , Tom Anderson's estimated net worth is at least $70 Million.

He was later president of Myspace and a strategic adviser for the company. Anderson is popularly known as "Tom from Myspace", "Myspace Tom" or "My friend, Tom" because he would automatically be assigned as the first "friend" of new Myspace users upon the creation of their profiles.

What is Tom Anderson's Net Worth?

As of , Tom Anderson's estimated net worth is at least $70M. Anderson was a product tester and copywriter at XDrive, a digital storage company, in 2000, where he first met DeWolfe. He initially joined XDrive as a product tester after answering a flyer advertisement, while still at film school and looking to earn extra money. After XDrive went bankrupt in 2001, he and DeWolfe founded the direct marketing company ResponseBase. They sold ResponseBase to Brad Greenspan's eUniverse in late 2002.

With other eUniverse employees, Anderson set up the first pages of Myspace in August 2003. He founded the site partly as a reaction to Friendster and its policy of blocking accounts that did not use real names. Intermix Media was then founded as the successor of eUniverse, and it was under Intermix that Myspace garnered the level of popularity for which it is notable. When Intermix Media and Myspace were sold to News Corp, Anderson became president of the company.

Myspace was sold to News Corp in 2005 for $580 million. Following the News Corp acquisition, Anderson said: "Before [the acquisition], I could do whatever I wanted. Now it takes more time to get people to agree on things. All the budget reviews and processes. That can be a pain. But it's not stopping us."

Reuters quoted an unnamed News Corp executive as saying: "Tom [Anderson] was responsible for the product, but ended up being a complete bottleneck on getting things done." Anderson was replaced as president in April 2009 by News Corp; by 2010, he was no longer the default friend on Myspace, and was replaced by a profile called "Today On MySpace", or "T.O.M."

Early life of Tom Anderson

Thomas Anderson was born on November 8, 1970 in San Diego, California, United States. Anderson's father was an entrepreneur. As a teenager at San Pasqual High in Escondido, California, Anderson was a computer hacker under the pseudonym "Lord Flathead" (friends with Bill Landreth), and prompted a Federal Bureau of Investigation (FBI) raid after he hacked the security of Chase Manhattan Bank.

Anderson attended the University of California, Berkeley, majoring in English and rhetoric, prior to becoming the lead singer of a band called "Swank". Anderson then lived in Taiwan after graduation, before returning to the United States to study film at the University of California, Los Angeles.

Favorite Quotes from Tom Anderson

“The Original Sin which brought us to the brink of bankruptcy and dictatorship was the Federal Income Tax Amendment and its illegitimate child, Federal Aid.” – Tom Anderson

“When I’m on the net, someone always wants to chat with me. But outside of MySpace, it’s a completely different world. I don’t get recognized that much on the street.” – Tom Anderson

“I started using the Internet in 1999. That was pretty late. But as soon as I did I just stopped watching TV. The idea of sitting down and waiting for a TV show at a certain time, I couldn’t do this anymore. The Internet is a better form of entertainment for me.” – Tom Anderson

“What’s culturally significant about MySpace is that it has become so pervasive that people of all ages are now using it. Even people who didn’t grow up with it are getting used to it. People just get sucked in.” – Tom Anderson

“In person, I don’t have that many friends. I’m a pretty tight-knit guy with the people that I know. Offline, I have no more than four or five friends.” – Tom Anderson

“I think we have replaced MTV. MySpace is more convenient. You can search for things, while MTV is just delivering things to you. On MySpace, you can pick your own channel and go where you want.” – Tom Anderson

Tom Anderson Net Worth