Who is Sean Parker and what’s his net worth? Sean Parker is an entrepreneur who is the co-founder of ‘Napster’ which is a file sharing computer service. He is also the co-founder of Brigade, Airtime, Causes, and Plaxo. He is also a philanthropist and the founder and the chairman of Parker Foundation. His foundation focuses on public health, civic engagements, and life sciences. He has been listed in one of the wealthiest persons in the world by Forbes. In 2016, he was ranked as the 722nd richest man in the world. He has previously served as the first president of Facebook.
Sean Parker was born on December 3, 1979, in Herndon, Virginia. He was born to parents Diane Parker and Bruce Parker. His father was a government oceanographer and his mother worked as a TV advertising broker. He was taught to do a program on an ‘Atari 800’ by his father when he was seven years old. When he was a teenager, his hobbies included programming and hacking.
At 16, he hacked a Fortune 500 company’s network and his IP address got exposed. He was tracked by FBI and was penalised to community service as he was less than 18 years old. He went to Oakton High School in Virginia and later got transferred to Chantilly High School. He did his internship for Mark Pincus at Pincus’s Washington D.C. start-up FreeLoader. He was recruited by the CIA when he developed a web crawler. When he a child, he was referred as a genius and was an avid reader.
In 2013, Sean Parker got married to Alexandra Lenas who is a singer by profession. The wedding was held in Big Sur, California and cost about $10 million. They have a daughter named Winter Victoria Parker born in January 2013.
When he was 15 years old, Parker made friends with Shawn Fanning and in a couple of years, they co-founded ‘Napster’ for free file sharing (music). In a year, Napster got 10 million users. It became the fastest growing trade of all-time. In November 2002, he launched ‘Plaxo’ which is an online address book that is integrated with Microsoft Outlook. Plaxo became a viral product and got more than 20 million users.
In 2004, he became the president of Facebook. It has been believed that it is Parker who developed the photo sharing function on Facebook. He left Facebook after he was arrested for drugs possession. Even after quitting Facebook, he is still involved in Facebook’s growth and meets Mark Zuckerberg regularly.
He invested $15 million on Spotify and became a board of Spotify. He teamed up with Facebook and allowed Facebook users to share their Spotify songs in their profiles. In 2014, he founded ‘Brigade’ and later the company acquired ‘Causes’. He became the managing partner of ‘Founders Fund’.
In 2011, Sear Parker was featured on the cover of Forbes 400 issue. In 2016, he was bestowed with the ‘S. Roger Horchow Award’ at the Jefferson Awards Foundation. He was given this award for his outstanding public service.
Sean Parker Net Worth
Sean Parker has been a genius ever since he was a child. His capability to take technology to another level has made him a billionaire. Sean Parker’s net worth is an estimated $2.6 billion. He owes this fortune to all the business he has involved with. His company Napster continues to add users ever since its release.
In 2011, he launched Spotify in the US. He has also invested in the mobile commerce company called ‘WillCall’. The company has raised over $2.1 million. In 2010, he was the part of Votizen’s $1.5 million funding. He is also an adviser to ‘The People’s Operator’ which is a mobile network provider.
Sean Parker is known as the ‘darling of IT world’. Parker is also very interested in philanthropy. He is an active donor to various non-profitable organisations. He has donated $250 million to build the Parker Institute for Cancer Immunotherapy. He is the founder of ‘Causes’ which has over 186 million supporters and have donated over $50 million. He has supported many charities and has made donations over $600 million. Sean Parker was portrayed by Justin Timberlake in the movie ‘The Social Network’.