Sean Parker is an American businessman. He is the co-founder of Napster and the first president of Facebook. He is also a founder of Airtime.com, Plaxo, and Causes. In addition to all this, he serves as the chairman of the Parker Foundation. Keep reading to know more about Sean Parker’s net worth in 2018.
Born on December 3, 1979, Herndon, Virginia to Bruce and Diane Parker, Sean learned to programme at the age of 8. He hacked into a Fortune 500 company at the age of 16. He was arrested and sentenced to community service.
He attended Oakton High School and then Chantilly High School. While still in school, he interned for Mark Pincus. He was the winner of the Virginia state computer science fair due to the web crawler he created. He was recruited by the C.I.A.
In 2011, he got engaged to Alexandra Lenas. The two married in 2013 and have two children together, Victoria and Zephyr Emerson Parker.
They had their wedding at Big Sur, and it is reported that every guest was given a Star Wars costume to wear.
Parker met Shawn Fanning over the internet when he was just 15. The two met years later co-founded a file sharing app for music called Napster in 1999. In the span of one year, they had millions of users. However, their company was opposed by the Recording Industry Association of America, among others and so they were forced to shut it down.
In 2002, he launched Plaxo, which is like an address book that integrates with Microsoft Outlook. It is regarded as the first app that instilled virality into it, and this gained it 20 million users. However, two years after founding Plaxo, he was ousted by the investors.
In 2004, after coming across Facebook by accident, he contacted Zuckerberg and eventually became the President of the company. He brought in Peter Thiel as its first investor. Parker is responsible for Facebook’s clear user interface as well as the photo-sharing function. In 2005, he was connected to a drug bust and was later forced to step down as President.
In 2009, he was introduced to the Swedish service Spotify. He started corresponding with its founder, Daniel Ek. He invested in Spotify and brought about its US debut.
In 2011 he and Fanning started Airtime.com.
In 2013, Sean invested in WillCall which aims to allow users to pay for concerts with only their mobiles.
In 2014, Parker announced his backing for Brigade which is a civic engagement service which demands action to be taken by politicians on behalf of ordinary citizens.
In the same year, he became an advisor to The People’s Operator.
Awards and Achievements
In 2011, he featured on the cover of Forbes Magazine and was also profiled for Vanity Fair.
In the 2016 list of Forbes’ billionaire, he was ranked number 72.
His biggest achievements are of course his roles in Napster, Facebook, and Napster.
Net Worth of Sean Parker
Sean Parker has a net worth of $2.6 billion. Most of his revenue comes from his investments in early startups and the shares he holds in already enormously successful companies.
Sean Parker’s interest in the world of programming was from quite an early age. He is considered to be a genius. Being hired by the C.I.A. at such a young age is no mean feat. He has held the reins to many a successful company and continued to do so. He utilises his enormous wealth for philanthropic efforts, being the President of The Parker Foundation. His story is indeed an inspiring one.