The insane life of Facebook billionaire Sean Parker

Sean Parker found huge success at an incredibly young age. 

At 19 he cofounded Napster, a file-sharing service that would change how the world consumes music. 

By 24, he was the founding president of Facebook, a startup that was then tiny but would go on to become the biggest social network in the world. 

The 35-year-old, whose net worth is estimated to be about $US3 billion, hasn’t slowed a bit. He recently launched Brigade, a social platform meant to encourage civic engagement, and donated $US600 million to his own foundation.

He’s found a bit of controversy along the way, developing a reputation for being a big partyer and an even bigger spender. 

Parker cofounded file-sharing service Napster in 1999, when he was only 19 years old. Napster became one of the fastest-growing businesses of all time, as well as one of the most controversial. Parker and his cofounder, Shawn Fanning, are often credited with revolutionising the music industry.

Source: Fortune

After several lawsuits from music associations eventually shut down Napster, Parker went on to found a social-networking site called Plaxo. He was ousted two years later.

Parker joined the Facebook team in 2004, when it was just a fledgling college startup. As the social network's founding president, he would play a huge role in the site's early investments, design, and transition into a viable company.

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Post by: Aaron Sittig

In 2005, Parker was arrested on allegations of cocaine possession. Though official charges were never filed, the incident contributed, in part, to his departure from Facebook.

Source: Vanity Fair

Though he stepped down just a few months later, Parker continued to play a role in Facebook's growth.

Parker was played by Justin Timberlake in the 2010 Facebook movie 'The Social Network.' Parker was upset by his portrayal as a party boy, saying that Timberlake's character was 'a morally reprehensible human being' and that the movie was 'a complete work of fiction.'

Source: TheNextWeb

Parker became a managing partner at Peter Thiel's Founders Fund in 2006. In his time since leaving Facebook, he has helped bring Spotify to the US and founded political-engagement startup Brigade Media.

Source: Forbes

He's been busy spending his massive personal fortune as well. In 2011, he paid $20 million for a West Village townhouse known as the 'Bacchus House' for its party-animal past. Parker had previously been renting the house for $45,000 a month, in addition to the apartment he owns in San Francisco.

Source: NY Mag

The Daily Mail reported that Parker and then fiancee Alexandra Lenas were permanent residents of New York City's ritzy Plaza Hotel while their new three-story townhouse was being renovated.

Source: Daily Mail

Parker and Lenas were married in the summer of 2013, in a $4.5 million, three-day ceremony in the woods of Big Sur, California. All 364 guests -- including Jack Dorsey, Mark Pincus, Dustin Moskovitz, and Chris Hughes -- were given Tolkien-esque costumes made by 'Lord of the Rings' designer Ngila Dickson to wear during the ceremony. Parker ended up paying an extra $1 million in a settlement with the California Coastal Commission for failing to obtain the proper permits for the event.

Source: Forbes, Vanity Fair

Last summer, the couple added another property to their portfolio: a nine-bedroom Los Angeles mansion called 'The Brody House,' which they bought from Ellen DeGeneres for $55 million.

Parker often dresses in fine suits by top designers like Tom Ford and Dior.

He's no stranger to private jet travel, as shown in this Facebook post by Spotify artist-in-residence D.A. Wallach.

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He keeps a $100,000 Tesla Model S in Los Angeles.

Source: LA Times

He keeps an Audi S5 in San Francisco.

Source: LA Times

Parker is also a philanthropist -- in June, he donated $600 million to launch the Parker Foundation, which will focus on funding programs in life sciences, global public health, and civic engagement. He recently pledged $24 million to develop the Sean N. Parker Center for Allergy Research at Stanford. He also donated $4.5 million to support a malaria-elimination program at the University of California San Francisco's Global Health Group.

'He's one of the most generous people I know,' a colleague told Vanity Fair in 2010. 'Also one of the flakiest.'

Source: Vanity Fair

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