Sean Parker Net Worth – Story of Sean Parker (The Co-Founder of Napster and First President of Facebook)
Ever wonder to start a startup in your 20s? Or Ever wonder to become a co-founder or a president of a company? I guess you might have only dreamt of becoming one. But “Dreams don’t work unless you do” many of you might have only dreamt of becoming one. But only a few of them are working hard to achieve their dreams. In a few of them, Let me introduce you to Sean Parker, the co-founder of Napster and the first president of Facebook. I guess you have heard of Peter Parker? No, Obviously, they are not the same. But Sean Parker is a real-life Peter Parker. He achieved massive success in his teenage only. So, Are you excited to read about Sean Parker? If yes, So without further ado, Let’s get started with our blog on “Sean Parker Net Worth – Story of Sean Parker (The Co-Founder of Napster and First President of Facebook)”.
Introduction
Sean Parker is an American entrepreneur and philanthropist. He is known for co-founding Napster (a File-sharing computer service) and also known for serving as the first president of Facebook.
He also co-founded many companies like Plaxo, Clauses, Airtime.com, and many more. He achieved massive success in his teenage only. I guess now you are able to picture who Sean Parker is. So, Let me start from scratch now.
Early Life of Sean Parker
Sean Parker was born on December 3, 1979, in Herndon, Virginia. Bruce Parker(His father), a US governor oceanographer, and Chief Scientist at NOAA. His father told him to do anything he wanted to do in his life before having a family of his own.
At the age of 7, His father taught him programming on Atari 800. Parker’s major interest was in hacking and programming. One day, he hacked into Fortune 500 company. He wasn’t able to log out as his father confiscated his keyboard, due to which the FBI tracked his ISP and found his location. But nothing happened as he was a minor. So, he was sentenced to community service.
In high school, Parker won a computer science fair for developing a web crawler, which resulted in recruitment by the CIA. By his senior year in high school, Parker was earning around $80,000 per year, which was enough to convince his parents to allow him to skip college. And follow his passion which was entrepreneurship. The article “Sean Parker Net Worth – Story of Sean Parker” would resolve all of your queries regarding the journey of Sean Parker from nothing to billionaire.
| Interesting Point at a Glance |
| In 2010, Parker spent $20 million for a Bacchus House, a West Village townhouse. He bought this house to organize his parties, as he was a party freak. After that, he purchased two more properties nearby, creating a three-mansion estate worth $58.5 million. |
Co-founding the Napster
At the age of 15, Parker met Shawn Fanning, a student at Northeastern University. Both of them showed the same interest in hacking and in other fields. And a few years later they co-founded a free file sharing service for music named “Napster”
At the age of 19, Parker raised the initials, and they launched Napster in June 1999. Within a year, the service had millions of users. Napster started to call as the fastest-growing business of all time. Both of them are often credited as the revolutionizers in the music industry.
But after few years, Napster was started to be opposed by the recording labels, Metallica, and others too, resulting in the shutting down of the service of Napster.
Becoming the First President of Facebook
“Giving up is the only sure way to fail.”
The above-mentioned quote totally fits in the life of Sean Parker. After the shutting down of services of Napster and Plaxo, he didn’t give up. He kept working on himself, and one day he saw a site named “Facebook“ (When it was just a fledgling college startup). He saw this site on the computer of his roommate’s girlfriend.
Parker also had an interest in the social media industry too. So, he decided to contribute to this startup. So, He finally met Mark Zuckerberg and Eduardo Saverin. Later in a few months, he joined the five-month-old startup as its first President.
Parker was the first to see potential in this startup, to become a really big company. But one day in 2005, During a party, Parker was arrested on the allegations of cocaine possession in his home. No official charges were filed against him. But he was told to resign from the post of President of Facebook. After resigning, he still goes to meet Mark Zuckerberg. And he also continued to be involved with Facebook in many ways.
Becoming the First President of Facebook was a life-changing opportunity for Sean Parker, As it opens the doors for him to become a billionaire. Sean Parker Net Worth – The story of Sean Parker would answer all your queries regarding Sean Parker.
Sean Parker Net Worth
Sean Parker has a net worth of 270 crores USD or $2.7 billion. A 40-year-old hasn’t stopped yet. He donates millions to philanthropic causes and lives a cool and expensive lifestyle. The story of Sean Parker tells you that how a boy with determination to do something, Ended up at Facebook and became a billionaire.
| Interesting Point at a Glance |
| Sean Parker is known for his intense focus on his work. One of his colleagues said that the best way to talk to Parker is to “war dial” him. Call him 10 to 20 times till he realizes that somebody wants to talk to him urgently. |
Some Achievements of Sean Parker
Sean Parker achieved massive success in his teenage only. Well, Napster and Facebook were his biggest achievement. But he has other achievements too, which are not small too. So, Some achievements of Sean Parker are given below in this article on “Sean Parker Net Worth – Story of Sean Parker “
1. At the age of 18, Parker launched Plaxo, a social networking site integrated with Microsoft Outlook.
2. Parker was portrayed in the 2010 Facebook movie named “The Social Network” His character was played by Justin Timberlake.
3. Parker was a managing partner at Founders Fund, a venture-based capital fund founded by Peter Thiel.
4. He was an early investor in Spotify. He served the company’s board till 2017. Also, he announced a partnership of Spotify with Facebook too.
5. In 2012, Parker joined with Shawn Fanning and launched Airtime, a video chat service. The service didn’t get a perfect start and but later, it was relaunched as iOS and Android app in 2016.
6. In Feb 2015, Parker was ranked 5th on Chronicle of Philanthropy’s 2014 philanthropy 50 lists.
Parker achieved massive success in his life. But we would not be mentioning all of them, as it would make our article lengthy.
The article “Sean Parker Net Worth – Story of the Sean Parker” is coming to its end now.
Final Words
So glad to see that, you all are able to make it till here. At last, I just wanna say that everyone in this world is unique and amazing. Sean Parker wasn’t born with talent. Instead, he worked on himself and made himself a worthy person. So, we all should learn from this article “Sean Parker Net Worth – Story of Sean Parker “ that, if you are dedicated to your work, and most importantly follow your passion, then you will going to achieve success in your life.
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