Sean Parker And Fiance Living In Plaza Hotel For 1.5 Years While Parker's $20 Million NYC Townhouse Gets Renovated

AP ImagesSean Parker and his fiance Alexandra Lenas have no problem burning cash.

The couple, worth an estimated $2 billion from Parker’s time at Facebook, is reportedly living in New York City’s Plaza Hotel while their 6-story townhouse in Greenwich Villiage is being renovated.

They’ve been living at the Plaza since December, Daily Mail reports. Parker purchased the townhouse in 2011 for $20 million.

Meanwhile, Parker and his fiance are also throwing a wedding this summer that will cost an estimated $9 million, complete with custom-made costumes for each guest and the building of Hollywood-style backdrops. 

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.