BillionaireNet
Parker
Sean Parker
Rank #1318
UNITED STATESSocial MediaFacebook

Sean Parker

Net Worth
$3.045B
+0.03% (24h)
Sean Parker is an American entrepreneur and philanthropist, best known for co-founding Napster and serving as the first president of Facebook. Born on December 3, 1979, Parker's career began with hacking and programming in his teens, leading to the creation of Napster in 1999. He later played a pivotal role in the early success of Facebook, securing funding and developing its structure. Parker's net worth is estimated at $3.0 billion as of May 2025. He is also a venture capital investor and the founder and chairman of the Parker Foundation, focusing on life sciences, global public health, and civic engagement. Parker's philanthropic efforts have included significant donations to cancer research and other causes.

The Full Dossier

Early Life

Sean Parker was born in Herndon, Virginia, on December 3, 1979. His father, Bruce Parker, was a U.S. government oceanographer, and his mother, Diane Parker, worked in TV advertising. Parker's interest in programming began early, with his father teaching him to code at age seven. During his teenage years, he was involved in hacking and programming. He attended Oakton High School and Chantilly High School, where he convinced the school administration to count the time he spent coding as a foreign language class. Parker graduated from high school in 1998.

Rise to Success

Parker's career took off with the co-founding of Napster in 1999. Napster, a pioneering peer-to-peer file-sharing service, quickly gained millions of users. Although Napster faced legal challenges and was eventually shut down, it revolutionized the music industry and established Parker as a prominent figure in the tech world. In 2004, Parker became the founding president of Facebook. His role was instrumental in securing early funding and developing the company's initial structure. Parker's early investment in Spotify in 2010 also proved to be successful.

Key Business Strategies

Parker has shown an ability to identify and nurture groundbreaking digital ventures. His strategic moves include recognizing the potential of social networking and music streaming early on. He also invested in and co-founded Plaxo, Causes, Airtime.com, and Brigade. Moreover, Parker has invested in a number of tech startups through his venture capital firm, Founders Fund.

Philanthropy

Sean Parker is the founder and chairman of the Parker Foundation, established in 2015 with a $600 million gift. The foundation focuses on life sciences, global public health, and civic engagement. Parker has also been actively involved in cancer research, making significant donations to create the Parker Institute for Cancer Immunotherapy. In addition, he has supported various initiatives, including the Sean N. Parker Center for Allergy Research at Stanford.

Career Timeline

2016

Parker Institute for Cancer Immunotherapy

Founded Parker Institute for Cancer Immunotherapy

2015

Founded Parker Foundation

Established the Parker Foundation with a focus on life sciences, global public health, and civic engagement

2010

Invested in Spotify

Made an early investment in Spotify

2006

Managing Partner at Founders Fund

Became a managing partner at Peter Thiel's Founders Fund, a venture capital firm

2004

President of Facebook

Served as the first president of Facebook, playing a key role in its early development

2002

Launched Plaxo

Launched an online address book and social networking service

1999

Co-founded Napster

Co-founded the music file-sharing service that revolutionized the music industry

Philanthropic Impact

Cancer Research$250M

Parker Institute for Cancer Immunotherapy

Supports research into the relationship between the immune system and cancer

Medical Research$24M

Sean N. Parker Center for Allergy Research at Stanford

Supports research into the development of immune system and allergies

Public Health$4.5M

Malaria Elimination Initiative at UCSF

Supports the Malaria Elimination Initiative at the University of California San Francisco's Global Health Group

Wealth Trajectory