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Tom Anderson Net Worth

Tom Anderson Net Worth: A Look at the Myspace Co-Founder’s Wealth

In this article, we will explore the net worth of Tom Anderson, an American entrepreneur best known as the co-founder of the social networking website Myspace. With exceptional English language skills, Tom Anderson’s accomplishments in the business world and his successful real estate investments have contributed to his net worth, estimated to be $60 million.

Early Life

Tom Anderson was born on November 8, 1970, in Escondido, California. Growing up in an entrepreneurial household, he developed a passion for technology and innovation. During his high school years, Anderson gained notoriety as a hacker using the pseudonym “Lord Flathead.” His hacking activities eventually led to a run-in with the FBI, but due to his young age, he was put on probation.

After completing high school, Anderson pursued his studies at the University of California, Berkeley, where he focused on English. Later, he attended film school at the University of California, Los Angeles, further fueling his creative pursuits.


Tom Anderson’s career in the tech industry began when he joined the company eUniverse. He worked as a copywriter and product tester at a digital storage company called XDrive, where he met his future Myspace co-founder, Chris DeWolfe. The two went on to launch their own direct marketing company called ResponseBase, which was later sold to eUniverse.

With the rise of Friendster, a popular social networking site, Anderson and DeWolfe recognized the potential for a similar platform. They formed a team and set out to create Myspace, incorporating the most popular features of their competitor. Since its launch in 2003, Myspace experienced exponential growth and became the most popular social network in the U.S. before being surpassed by Facebook.

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In 2005, Myspace was sold to News Corp for $580 million, solidifying Anderson’s financial success. Despite the decline of Myspace’s popularity in subsequent years, Anderson continued to explore various ventures, including investments in distressed real estate and a Facebook gambling app called RocketFrog.

News Corp Acquisition

Prior to the acquisition of Myspace by News Corp, the company had undergone several restructuring phases, resulting in a complex equity shareholder pool. Anderson and DeWolfe, along with four other founders, received a combined $30 million when News Corp acquired Myspace for $580 million. Both Anderson and DeWolfe went on to secure two-year $30 million contracts with News Corp.

Other Ventures

In addition to his involvement with Myspace, Tom Anderson has pursued various other ventures. He invested a portion of his earnings into distressed real estate, particularly in Las Vegas, which reportedly became highly valuable. Additionally, Anderson had a cameo in the Judd Apatow film “Funny People” and describes himself as “happily retired” today.

Personal Life

Outside of his professional endeavors, Tom Anderson maintains an active presence on social media platforms such as Reddit, Facebook, and Instagram. He has a passion for photography and enjoys traveling internationally to capture stunning landscapes. With over 630,000 followers on Instagram, Anderson shares his impressive photographs with the world.


In conclusion, Tom Anderson’s net worth of $60 million is a result of his innovative contributions to the tech industry and successful investments in real estate. As the co-founder of Myspace, Anderson played a significant role in shaping the early days of social networking. Despite Myspace’s decline in popularity, Anderson has continued to explore various ventures and pursue his passions. His journey serves as an inspiration for aspiring entrepreneurs and creative individuals.

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Q: What is Tom Anderson’s net worth?

A: Tom Anderson has a net worth of $60 million.

Q: What is Tom Anderson’s claim to fame?

A: Tom Anderson became famous as the default friend for everyone who joined Myspace.

Q: What other ventures has Tom Anderson pursued?

A: Tom Anderson has invested in distressed real estate and had a cameo in the film “Funny People.”

Final Thought

Tom Anderson’s journey from co-founding Myspace to his current ventures and retirement showcases his entrepreneurial spirit and ability to adapt to changing times. Despite the rise and fall of Myspace, Anderson’s net worth stands as a testament to his business acumen and innovative mindset. His contributions to the tech industry have left a lasting impact, and his passion for photography continues to inspire others.

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