Top 12 Lesser Known Facts about Sean Parker (Founding President of Facebook)

Mahenoor Mansuri Mahenoor Mansuri
Sep 13, 2021 6 min read
Top 12 Lesser Known Facts about Sean Parker (Founding President of Facebook)

Born in Herndon, Virginia, a city, right outside Washington DC. On the 3rd of December 1979. The 41 years old is an American entrepreneur who made a fortune at the young age of 24, as a president at Facebook. Parker enjoys an expensive lifestyle. He has also come forward with his views opposing the tech giants' algorithms for keeping us hooked in the drama-documentary the social dilemma. He is married to a singer, Alexandra Lenas, and has two children, Winter Victoria and Zephyr Emerson.

Peter Thiel on Parker:

β€œI've told Sean, he may be the long-lost grandson of Howard Hughesβ€”a brilliant entrepreneur who is somehow transforming the United States and yet is not understood by society. Sean is one of the great serial entrepreneurs of his generation, someone who is really changing the world and turning the wheel of history.” - Peter Thiel

Here are some not so very well-known facts about Sean Parker:

Learning programming at a very young age
Hacking as a teenager
Co-founder of Napster
Founding President at Facebook
Stepping down from Facebook
Founded Airtime with Shawn Fanning
His wedding made headlines
Bringing Spotify to life
Bacchus House and Brody House
The Social Networking Site: Plaxoo
He rightly predicted the future of Facebook
Chairperson of the Parker foundation
FAQ

Learning programming at a very young age

He learned How to program while he was in second grade itself at the age of seven, by his dad on an Atari 800 computer. He was also an avid reader.

Hacking as a teenager

At the age of 14, when computers were gaining popularity around the 1990s, he became part of the underground community of cybercriminals. He left college for Silicon, met Shawn Fanning on a portal, and that led to the creation of Napster.

Hacking as a teenager. He was sentenced to community service when tracked by the FBI using his ISP as he was a minor. Sean Parker was just a teenager when he could hack into universities as well as companies.

Co-founder of Napster

He co-founded Napster with Shawn Fanning in 1999, at the age of 19. Napster was a file-sharing service, one of the fastest-growing as well as the most controversial businesses. Though it was not entirely legal, it changed the industry of music with how the globe consumes music. By the way, Napster did shut down eventually after several lawsuits were filed. With the downfall of Napster came a social networking site.

Founding President at Facebook

Sean Parker with Mark Zuckerberg
Sean Parker with Mark Zuckerberg

In 2004, he played an important role in designing, transitioning, and investing in the site's early developing stages. He worked with Mark Zuckerberg and was his crucial mentor. He made his fortune at the age of 24 in billions as he owned the cache stocks in the Facebook. When Sean found out about the Facebook, he saw potential in its closely-knit community for college students. He got the co-founder of PayPal to invest in the Facebook, as it was formerly known. He believed in the potential of the site more than Zuckerberg, claiming it was the next big thing.

Stepping down from Facebook

For his partying habits, that did not remain a secret. Allegations were made, and Sean Parker was arrested a year later for allegedly possessing cocaine. No official charges were filed, but that meant saying goodbye to Facebook for Sean.


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Founded Airtime with Shawn Fanning

Airtime
Airtime

Partnering up with Shawn Fanning yet again in 2012. They launched a group video chat app which was similar to chat roulette. This service app was a flop. Their app Airtime was relaunched later in 2016 on both the platforms iOS and Android.

His wedding made headlines

In 2013 Sean married singer, Alexandra Lenas in a forest. It got everyone's attention in the media. In the lavish wedding where he had over 364 guests, all of their clothes were designed by Ngila Dickson; she is costume designer for Lord of the Rings, with a nine feet tall wedding cake and a three-day wedding ceremony. Plus, he donated $1.5 million to the ancient redwood forest. The cost of the wedding was approximately $10 million.

Bringing Spotify to life

Sean Parker with Spotify Founder - Daniel Ek
Sean Parker with Spotify Founder - Daniel Ek

Around 2006-2014, Sean was a managing partner at Theils Founder Funds. His interest in music led him to invest in Spotify. He served on Spotify's company's board until the year 2017 and played a major role in successfully bringing it to the market in US.


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Bacchus House and Brody House

He paid a whopping $20 million for Bacchus House, NYC west village, which is known for its party-animal past in 2010. In 2010, Sean Parker bought Ellen DeGeneres Brody House for $55 million in Los Angeles. This property, among the others that he owns, is a nine-bedroom containing various pieces forming Parker's Art collection. The house has a very clean, spacious and minimalistic look to it.

The Social Networking Site: Plaxoo

In 2009 Sean Parker launched Plaxo. Plaxo was a contact management startup. This website, too, was unfortunately shut down in 2017. After running for fifteen years of helping the people enrich their address books. Before shutting down the website, the website let its existing users download their data.

Sean Parker rightly predicted the future of Facebook

Four years ago. Back in the interview with Bloomberg Quicktake, he hinted at what might be ahead for Facebook and the next big thing and what it could end up owning in the future. Not only Sean Parker is well-read, but also has nuanced opinions on ranging topics apart from the tech industry.

Chairperson of the Parker foundation

He had mentioned back then that Life sciences was the next big thing for him. As a child, Sean would get asthma attacks which at times landed him in the hospitals Now is also a philanthropist, the head of the Parker foundation, and also donates to political candidates. With the key focus areas being life sciences, public health, civic engagement, and Art.

Even after failing multiple times, Sean has never stopped himself from doing the next big thing.


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FAQ

What is the net worth of Sean Parker?

The net worth of Sean Parker is 280 crores USD as of 2021.

What was the cost of Sean Parker's Wedding

The cost of Sean Parker's Wedding was approximately $10 million.

Who is the wife of Sean Parker?

Alexandra Lenas is the wife of Sean Parker.

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