Shawn Fanning’s net worth, biography, fact, career, awards and life story

Net Worth: $100 Million
Date of Birth: Nov 22, 1980 (40 years old)
Gender: Male
Profession: Programmer, Entrepreneur, Businessperson
Nationality: United States of America
Last Updated: 2019

Shawn Fanning Net Worth: Shawn Fanning is an American computer programmer, serial entrepreneur and angel investor who has a net worth of $100 million dollars. Shawn Fanning is probably best known for creating Napster, the file-sharing platform that was very popular around the turn of the century. He was born on November 22, 1980, in Brockton, Massachusetts. It was in 1998, while attending Northeastern University, that he created one of the first popular peer-to-peer (“P2P”) file sharing platforms. Once a preliminary beta program became available on June 1, 1999, hundreds of college students at Northeastern were up and trading music furiously. Shortly after, Shawn moved his company from his headquarters in Hull, Massachusetts to a more spacious location in San Mateo, California and even hired new employees to improve on the Napster Program. Napster was so popular that earned him a place on the cover of Time magazine. Napster was ultimately sued into oblivion. His co-founder Sean Parker went on to be an early advisor at Facebook and eventually earned a multi-billion personal fortune.

After Napster, Shawn Fanning joined, and invested in, a number of early-stage technology startup companies, including Snocap, Rapture and Path. He set up Snocap along with Jordan Mendelson and Ron Conway in 2003. Even though the company aspired to be a legitimate marketplace for digital media, it ended up firing 60% of its workforce by late 2007. This made Fanning leave Snocap to work on another venture, Rupture. The project came to light in late 2006, and Shawn officially became CEO of Rupture on October 2, 2007. Rupture’s future seemed bright as it was soon acquired by Electronic Arts for $15 million, but Fanning’s team at Electronic Arts was sacked in November 2009 in a round of layoffs. Only few months later, he started a new company called Path.com.

Uber Investment: Uber launched in San Francisco in June 2010. It was a huge hit with customers, but investors were not exactly beating down Uber’s doors to invest in the fledgling startup at the time. In late summer 2010, Uber raised a $1.25 million seed round from First Round Capital, investor Chris Sacca, and Shawn Fanning. Shawn ponied up $25,000. Fast forward to May 2019 and Shawn’s stake, assuming he hasn’t sold any of his shares, was worth $125 million after Uber’s IPO.

Related celebrity: Sean Parker Net Worth

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Taylor Kitsch Net Worth: Taylor Kitsch is a Canadian actor and model who has a net worth of $10 million. Kitsch is probably best known for playing a central role in the series “Friday Night Lights,” although his past work also includes film projects such as “X-Men Origins: Wolverine,” “Battleship,” “John Carter,” “Savages,” and “Lone Survivor.” After the end of “Friday Night Lights” in 2011, Taylor went on to star in series such as “True Detective,” the TV film “The Normal Heart,” and the miniseries “Waco.” Early Life: Taylor Kitsch was born on April 8th of 1981 in Kelowna, British Columbia. His parents divorced when he was one, and he was subsequently raised alongside his two elder brothers by his mother in a trailer park. During his childhood, Taylor also lived in areas such as Port Moody and Anmore. Although Kitsch would later become an extremely successful actor, he was initially dead-set on a career as a professional hockey player. Taylor began playing hockey at the age of three, and he eventually worked his way up to a place on the Langley Hornets in the British Columbia Hockey League. However, a knee injury in 2002 ended his professional career. After his injury, he studied nutrition and economics at the University of Lethbridge. Career: In 2001, Taylor moved to New York City to pursue a career in modeling. He was given a contract with IMG, and he also studied acting during this period. In order to pay the bills, he also worked as a nutritionist and a personal trainer. Unfortunately, this was not enough – and he soon found himself homeless and sleeping on trains in New York. In the face of limited opportunities, Kitsch moved to Los Angeles in 2004 and started modeling for various brands. Taylor’s breakthrough came in 2006, when he was cast in “Friday Night Lights.” For the next five seasons, he played a high school football player and helped the series earn widespread critical acclaim. After appearing in “The Covenant” alongside a star-studded cast, Kitsch played the superhero Gambit in the film “X-Men Origins: Wolverine.” More film roles followed in “The Bang Bang Club” and “John Carter,” the latter of which proved to be a massive box office flop. In 2012, he appeared in “Battleship” before following up next year with “The Grand Seduction” and “Lone Survivor.” In 2014, Taylor began appearing in the HBO series “The Normal Heart.” Over the next period, he also starred in “True Detective.” Despite his increased involvement in television, Kitsch also continued to appear in films like “American Assassin,” “Only the Brave,” and “21 Bridges.” Real Estate: In 2007, Kitsch acquired a 1-bedroom condo just outside of Austin, Texas for $275,000. The residence spans 1,196 square feet and features 17-foot ceilings. In 2012, Taylor purchased 3.64 acres of raw land near Austin. He paid about $1.3 million for the land, which features 178 feet of water frontage and all of the necessary utilities set up. Located in a prime area, the land would be an ideal spot to build a house, and it is assumed that this is what Taylor has planned for it. In 2014, Kitsch purchased a loft in the Marina Del Rey neighborhood of Los Angeles County. He paid $705,000 for the 1,240-square-foot residence, which is situated inside the trendy Steel Lofts building. Details include dark hardwood flooring and a private patio that overlooks the marina.
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