Billionaire Profile
Sean Parker
Global Rank
#1254

Image: Amager at English Wikipedia | CC BY-SA 2.0 | via Wikimedia Commons

Sean Parker

CEO, Facebook
UNITED STATES
Real-Time Net Worth
$3.356B
Estimated based on Facebook stock value as of March 6, 2026
0% (24h)
Age
46
Source
Facebook
Industry
technology
Citizenship
UNITED STATES

Biography

Sean Parker is an American entrepreneur and philanthropist, best known as the co-founder of Napster, the pioneering file-sharing service, and the founding president of Facebook. His estimated net worth as of May 2025 is $3.0 billion. Parker's career began with early ventures in technology, including the creation of Napster, which revolutionized the music industry. He joined Facebook at the age of 24, playing a pivotal role in its early growth and securing key investments. Beyond his entrepreneurial achievements, Parker is recognized for his philanthropic work, particularly through the Parker Foundation, which supports initiatives in life sciences, global health, and civic engagement. He currently serves as chairman of Stability AI.

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Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Sean Parker was born on December 3, 1979, in Herndon, Virginia. His father, Bruce Parker, was a government oceanographer, and his mother, Diane Parker, was a TV advertising broker. Parker developed an early interest in programming, learning from his father at age seven. He attended Oakton High School and Chantilly High School, where he excelled in computer science. He graduated in 1998. He was also recognized for his hacking skills in his teens.

Rise to Success

Parker's career began with the co-founding of Napster in 1999 with Shawn Fanning. Napster, a pioneering music file-sharing service, disrupted the music industry. Napster was shut down due to legal challenges. In 2002, Parker founded Plaxo, an online address book and social networking service, that later influenced the growth of LinkedIn, Zynga, and Facebook. In 2004, Parker joined Facebook as its founding president, playing a crucial role in securing early investments and shaping the platform's trajectory. He was instrumental in Facebook's early success before leaving in 2005.

Key Business Strategies

Parker's success stems from his ability to identify and invest in promising tech ventures early on. He has been praised for his knack for recognizing disruptive technologies and his ability to bring together the right people. His early investment in Spotify and his role at Facebook highlight his skill in building and supporting successful businesses.

Philanthropy

In 2015, Parker launched the Parker Foundation with $600 million to support life sciences, global health, and civic engagement. The foundation has funded initiatives such as the Parker Institute for Cancer Immunotherapy, the Sean N. Parker Center for Allergy Research at Stanford, and the Sean N. Parker Autoimmune Research Laboratory at UCSF. He has also donated to various other causes.

Career Milestones

1999

Co-founded Napster

Revolutionized music file-sharing.

2002

Founded Plaxo

Launched an early social networking tool.

2004

Joined Facebook as President

Played a key role in Facebook's early success.

2006

Joined Founders Fund

Became a managing partner.

2010

Invested in Spotify

Invested in Spotify, later served on its board.

2015

Launched the Parker Foundation

Founded a philanthropic organization supporting life sciences, global health, and civic engagement.

2024

Chairman of Stability AI

Became chairman of the image-generation startup.

Philanthropy & Social Impact

Cancer Research

Parker Institute for Cancer Immunotherapy

$250M

Supports cancer immunotherapy research.

Medical Research

Sean N. Parker Center for Allergy & Asthma Research at Stanford

$24M

Supports allergy and asthma research.

Global Health

Malaria Elimination Initiative at UCSF

$4.5M

Supports the Malaria Elimination Initiative.

Business Philosophy & Leadership

Notable Quotes

"Your biggest challenge as an entrepreneur is not concealing your idea from others or keeping your idea secret. It's actually convincing people that you're not crazy and that you can pull it off."

Leadership Principles

Focus on the Big Picture

Always stay focused on the overall vision and impact.

Embrace Risk

Take calculated risks and don't be afraid to try new things.

Find and Support Talent

Surround yourself with talented people who share your vision.

Adaptability

Be open to different approaches and learn from failures.

Controversies & Challenges

2005

Cocaine Possession

Parker was arrested for cocaine possession in North Carolina, leading to his resignation as Facebook president, although no charges were filed.

2013

Wedding Controversy

The wedding had issues related to environmental damage.