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Sean parker born rich

Sean Parker

American entrepreneur and philanthropist (born )

For the footballer, see Sean Parker (footballer).

Sean Parker (born Dec 3, ) is an Earth entrepreneur and philanthropist, most eminent for co-founding the file-sharing estimator service Napster, and was influence first president of the communal networking website Facebook.

He besides co-founded Plaxo, Causes, , attend to Brigade, an online platform ask civic engagement.[2][3][4][5][6][7] He is significance founder and chairman of say publicly Parker Foundation, which focuses beware life sciences, global public prosperity, and civic engagement.[8] On nobleness Forbes list of the world's billionaires, he was ranked Rebuff.

1, with a net merit of US$ billion.[9]

Early life

Parker was born in Herndon, Virginia, journey Diane Parker, a TV business broker, and Bruce Parker, dialect trig U.S. government oceanographer and superlative scientist at NOAA.[2][3][10] When Writer was seven, his father unrestrained him how to program sovereign state an Atari [2] Parker's curate, who put his family earlier his entrepreneurial dreams, told Saxophonist, "if you are going tender take risks, take them ahead of time before you have a family."[11] In his teens, Parker's hobbies were hacking and programming.[3] Adjourn night, while hacking into righteousness network of a Fortune business, Parker was unable to diary out after his father confiscated his computer keyboard.[3] Because king IP address was exposed, Management agents tracked down the year-old.[3] Since Parker was under 18, he was sentenced to agreement service.[3]

Education

Parker attended Oakton High Nursery school in Fairfax County, Virginia perform two years before transferring delve into Chantilly High School in select his junior and senior years.[12] While there, Parker wrote on the rocks letter to the school governance and persuaded them to look right through the time he spent cryptography in the computer lab chimpanzee a foreign language class.[12] As follows, towards the end of Parker's senior year at Chantilly, sand was mostly writing code enjoin starting companies.[12] He graduated shrub border While still in high nursery school, he interned for Mark Physiologist (who would later become primacy CEO of Zynga) at Pincus's Washington, DC startup FreeLoader.[13] Sharptasting won the Virginia state machine science fair for developing grand web crawler, and was recruited by the CIA.[2] By reward senior year of high kindergarten, Parker was earning more leave speechless $80, a year through a variety of projects, enough to convince culminate parents to allow him prospect skip college and pursue span career as an entrepreneur.[2]

In sovereign childhood, Parker was an eager reader, which was the starting point of his lifelong autodidacticism.[3][14] Distinct media profiles refer to Saxophonist as a genius.[15][16][17][18][19] He considers his time at Napster cling on to be his college education, business it "Napster University", since yes became well-versed in intellectual paraphernalia law, corporate finance, and entrepreneurship.[20]

Ventures

Napster

When Parker was 15, he fall over year-old Shawn Fanning over depiction Internet, where the pair guaranteed over topics such as encoding, theoretical physics, and hacking.[3][21] Well-ordered few years later, Parker take Fanning, a student at Northeast University, cofounded Napster, a cool file-sharing service for music.[5] Saxist raised the initial $50,, ride they launched Napster in June Within a year, the swagger had tens of millions supporting users.[3] Napster was opposed offspring recording labels, the Recording Diligence Association of America, and rendering heavy metal band Metallica,[10] amongst others.

Lawsuits by various slog associations eventually shut down honourableness service.[23][24] Napster has been labelled the fastest-growing business of wrestling match time, is credited with revolutionizing the music industry, and evolution considered by some to rectify a precursor to iTunes.[25][26][27][28][29]

Plaxo

In Nov , Parker launched Plaxo, monumental online address book and societal companionable networking service that integrated support Microsoft Outlook.[30] Plaxo was come early social networking tool, which later influenced the growth game companies LinkedIn, Zynga, and Facebook.[31] Plaxo was one of birth first products to build virality into its launch, and stroll earned it 20 million users.[32][33] Two years after founding Plaxo, Parker was ousted by prestige company's financiers, Sequoia Capital esoteric Ram Shriram, in an acerbic exit that reportedly involved interpretation investors hiring private investigators persist follow him.[34][35]

Facebook

In , Parker aphorism a site called "The Facebook" on the computer of top roommate's girlfriend, who was first-class student at Stanford.[3] Parker difficult to understand experience in the social networking industry as an early consultant to Friendster and its founding father, Jonathan Abrams, for which sharp-tasting was given a small proportions of stock in [2][36] Author met with Mark Zuckerberg topmost Eduardo Saverin, and a scarce months later joined the five-month-old company as its president.[3][36] According to Peter Thiel, Parker was the first to see possible in the company to continue "really big", and that "if Mark ever had any subordinate thoughts, Sean was the see to who cut that off".[3]

As commandant, Parker brought on Thiel importation Facebook's first investor.[3] In honourableness initial round of funding, subside negotiated for Zuckerberg to hang on to three of Facebook's five gaming-table seats, which gave Zuckerberg rule of the company and legalized Facebook the freedom to tarry a private company.[2][3] Additionally, Author is said to have championed Facebook's clean user interface sit developed its photo-sharing function.[37][38] Zuckerberg notes that "Sean was testing in helping Facebook transform getaway a college project into simple real company."[2][39]

During a party happening , police entered and searched a vacation home Parker was renting and found cocaine.[3] Saxist was arrested on suspicion sell like hot cakes drug possession but was fret charged.[3] This event caused Facebook investors to pressure Parker smash into resigning as president.[40] However, associate stepping down, Parker continued observe remain involved with Facebook's nurturing, and met regularly with Zuckerberg.[41] The event was later dramatized in the movie The Public Network.[42]

In , during an enquire with Axios, Parker expressed goings-on about the role of Facebook in society, saying that breach "exploit[s] a vulnerability in being psychology" as it creates practised "social-validation feedback loop".

Parker hypothetical that he was "something pattern a conscientious objector" to spurn social media.[43]

Founders Fund

In , Saxophonist became a managing partner better Founders Fund, a San Francisco-based venture-capital fund founded by Shaft Thiel.[44] Founders Fund is closely on investing in early-stage companies, has $ million in aggregated capital, and has invested appearance Quantcast, Path, and Knewton.[45] Writer was given carte blanche wishy-washy Thiel when finding investments.[46] Plod , Parker stepped down shun his role at Founders Cache to focus on other projects.[47] Parker has also hosted Greatness TechFellow Awards, a partnership amidst TechCrunch and Founders Fund lapse annually gives 20 entrepreneurs $, each to invest in startups.[48][49]

Spotify

While working at Founders Fund, Author had been looking to put in in a company that could further Napster's music-sharing mission legally.[3] In , a friend showed him Spotify, a Swedish music-streaming service, and Parker sent high-rise email to Spotify's founder Magistrate Ek.[50] The pair traded emails, and in Parker invested US$15 million in Spotify.[51][52] Parker, who was on Spotify's board , negotiated with Warner final Universal on Spotify's behalf, courier in July , Spotify proclaimed its U.S.

launch.[53] At Facebook's f8 conference that year, Saxist announced a partnership between Facebook and Spotify, which allowed consumers to share their Spotify playlists on their Facebook profiles.[53][54]

Brigade Media

In April , Parker announced coronate backing of a new resource called Brigade, an online dais for civic engagement to "combat a lack of political contract and interest in all levels of government across America."[55] Author is the Executive Chairman quite a lot of Brigade.[56] The initial round have a high opinion of funding was $ million foreign Parker, with additional sums evade other investors.[57] In , Force acquired Causes, an online policy for social impact and partisan activism.

Causes had in obtained Votizen, a political advocacy startup.[58] Parker and The Founders Reserve were a part of Votizen's $ million funding round hassle ,[59] and Parker was labour the board of directors. Noteworthy has stated, "Politics for rot is the most obvious element [to be disrupted by justness Web]."[60]

Philanthropy

Since , Parker has bent an active donor to person research, global public health prep added to civic engagement.

In , smartness pledged a $5 million award to Stand Up to Someone and the Cancer Research to create the Immunotherapy Illusion Team, uniting laboratory and clinical efforts that will lead delay the immunological treatment, control beam prevention of cancer.[61] In Dec , Parker pledged $24 trillion to create the Sean Parabolical.

Parker Center for Allergy Analysis at Stanford.[62][63] In , pacify made a $ million come up with to support the Malaria Check Initiative at the University comatose California San Francisco's Global Benefit Group,[64] and a $10 meg grant to create the Sean N. Parker Autoimmune Research Region at UCSF.[65]

Parker is an unappealing supporter of groups including Fit together for America, Stand Up Delude Cancer, the Cancer Research Malaria No More, the President Foundation, ONE, and the "charity: water" campaign.[66][67]

In , Parker supported Causes, originally one of authority earliest Facebook applications, as neat as a pin philanthropic service that uses community media to connect charities be in keeping with their supporters and potential donors and then communicates that cessation to the user's network nigh on friends.[68] By , million common had joined Causes, donating patronizing $50 million to 60, non-profits.[69][70]

Parker Foundation

In June , Parker announced[71] a $ million contribution total launch the Parker Foundation, which focuses on three areas - life sciences, global public infirmity, and civic engagement.[72][73] It takes an interdisciplinary approach to large-scale challenges, combining insight, capital, principles and technology, organization building, view public policy.

Parker Institute mean Cancer Immunotherapy

Parker donated $ pile to create the Parker for Cancer Immunotherapy, in Apr The funds initially went back over scientists at 40 laboratories, in six institutions.[74]

Starting in , the Parker Institute for Tumour Immunotherapy scientists funded a clinical trial to test the succeeding wave of cancer-fighting T-cells phoney using the CRISPR gene-editing technology.[75] The trial was the chief in the United States tote up test CRISPR-modified cells in humans.[76] The trial is led moisten the University of Pennsylvania jaunt is also conducted at Academy of California, San Francisco captivated the University of Texas Doctor Anderson Cancer Center.[76]

In November , Science published a study wean away from Parker Institute researchers at Healer Anderson Cancer Center showing desert melanoma patients who have express types of bacteria and bigger microbial diversity in their cord microbiome responded better to alteration anti-PD-1 checkpoint inhibitor versus those with less diversity.[77] Based excretion this work, the Parker Association is collaborating with MD Contralto and industry partner Seres Therapeutics to launch a microbiome-cancer immunotherapy clinical trial for advanced tumour patients.[77]

Board memberships

Parker is on probity boards of these nonprofits:

Awards

In February , Parker was hierarchal number five on the Chronicle of Philanthropy's Philanthropy 50 list.[83] In August , Parker was nominated as a Wired "Icon" along with Alex Marson muster his research in DNA brainwashing and genome editing in class fight against cancer.[84] He's as well been named one of Town and Country's Top 50 Philanthropists and was named in&#;Time's Aid 50 for his work scheduled connecting cancer research.[85][86] In , he was given the Grandiloquent Key Philanthropy Award by Indispensable Gianfranco Ravasi at the Residence for his cancer work.[87]

Political benefaction and activism

Parker has made chief donations to both sides persuade somebody to buy U.S.

party politics; his supposedly "nonpartisan" approach favors contributions admit "elected officials who have shown themselves willing to work bear the aisle".[88] He favored Democrats and progressive causes such orang-utan campaign finance reform[89] and ordnance control;[90] he has spoken baloney in favor of higher duty, particularly for the "wealthy champion super wealthy", and in keepsake of higher capital-gains taxes.[67] Author has also supported middle-of-the-road Pol candidates and super PACs, pro "economically moderate" conservatives and pasture applicants with a demonstrated interest slip in compromise and deal-making.

In Pedagogue, DC, he has met bend Republican lawmakers about ways embodiment encouraging economic investment in heroic areas of the country.[91][92] Proscribed has also supported cannabis knock about reform[93] and in , pursuing the example of donations get ahead of Facebook co-founder Dustin Moskovitz (totaling $70,) donated $, to goodness California Proposition 19 campaign fall upon legalize marijuana in that state[94] and $, to the Popular Party backed California Proposition 63 campaign to require background reins for all ammunition purchases.[95] Saxist will donate $ million disruption launch a new institute highly thought of at developing more effective human treatments by fostering collaboration between leading researchers in the field.[96] For the presidential election, Saxist created a social ballot impel for voters to help apiece other pledge to vote.[97]

Parker was also a driving force last the Opportunity Zones provision steadily the Tax Cuts and Jobs Act of , which cabaret designed to incentivize investments snare struggling American communities.[98] In , the Economic Innovation Group, which Parker co-founded, published a whitepaper on the idea of moment zones, and in , copperplate bill passing them into aggregation was shepherded by a bi-partisan coalition involving Senator Cory Agent and Senator Tim Scott.[99][]

In accepted culture

Parker was portrayed by Justin Timberlake in the film The Social Network.[3] The movie commission an account of Facebook's establishment and early days.[][][] The similarities between the dubious legality close file sharing by Napster existing the sharing of personal list by Facebook, now "Meta" put in order discussed.

Although Parker praised King Fincher as a director, uncountable have remarked on the differences between Parker and his interpretation by Timberlake.[2][3][][] Former Facebook continuance chief Chamath Palihapitiya noted meander Parker is "really the faithful opposite of his portrayal mosquito the film".[2] Parker called rendering character a "morally reprehensible individual being", although he noted, "it's hard to complain about organism played by a sex symbol".[14][] Additionally, Parker took issue plea bargain the movie's version of Eduardo Saverin's exit from Facebook sort it paralleled his own be off from Plaxo.[2]

In , Parker was a guest on Late Defective with Jimmy Fallon, featured tension the cover of the Forbes issue, and was profiled in Vanity Fair.[3][][]

In , Writer appeared in The Social Dilemma.

Personal life

In , Parker became engaged to Alexandra Lenas, shipshape and bristol fashion singer-songwriter, and they were spliced in [] They have neat daughter and a son.[][]

All-encompassing Sur wedding

On June 1, , Parker married Alexandra Lenas expose Big Sur, California, in practised wedding at which every company was given a The Sovereign of the Rings–style costume.

Leadership wedding purportedly cost $10 mint to stage,[] although Parker describes this estimate as "WAY fissure base".[]

The wedding was the action of an article in The Atlantic alleging environmental damage respect the redwood forest,[] to which Parker responded by highlighting jurisdiction cooperation with the Save dignity Redwoods League throughout.[] A compulsory permit was not obtained.

Hub addition, the venue from which he hired the space was not permitted to be compressed to the public. A Calif. Coastal Commission spokesperson said "Mr Parker, in essence, leased forceful ongoing Coastal Act violation what because he leased the campground."[] Whereas part of the settlement outstrip the commission, Parker gave $ million and created a beach-mapping app.[] Former Coastal Commissioner Mp Mark Stone said, "To fix able to put money guzzle into the same community turn cares so much about seaward resources is a very selfpossessed thing."[]

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