Shawn Fanning has a net worth of $7.5 Million
Shawn Fanning’s Background and Beginnings
Shawn Fanning, renowned for creating Napster, a peer-to-peer (P2P) file sharing internet service focusing on MP3 audio files, was born on November 22, 1980, in Brockton, Massachusetts, USA. He has also established himself as an entrepreneur and businessman, being active in his field since 1998.
Shawn Fanning’s net worth is estimated at $7.5 million, primarily from his prosperous career in programming and numerous investments in technology companies. Additionally, his involvement in commercials, movies, and other ventures has significantly contributed to his wealth.
Shawn Fanning’s Notable Ventures and Growth
Having grown up in a financially-strained family, Shawn’s potential was recognized by his uncle, John Fanning, an internet and technology investor, who supported his development. His interest in programming was nurtured during his time at Northeastern University, where he dropped out after creating Napster in 1999, the first P2P file sharing system. He relocated the company to San Mateo, California, enhancing its quality with the assistance of hired professionals.
Shawn expanded his endeavors with the establishment of other companies such as Snocap, focused on software development, and Rupture, a social network for gamers, which he later sold to EA for $15 million. Subsequent ventures, including Path.com and Airtime.com, have further augmented his net worth.
His contributions to the industry gained him acclaim and accolades, including being named as one of the top 100 innovators under the age of 35 by the MIT Technology Review. Furthermore, his appearances in TV shows and commercials have been significant income contributors. Notably, he had roles in “The Italian Job” in 2003 and a Volkswagen commercial in 2008.
Regarding his personal life, limited information is available, apart from his past marriage to Jessica Wigsmoen, with whom he has a daughter, Scarlett. The couple is separated, and there are reports of child support disputes.
| # | Fact |
|---|---|
| 1 | The creator of the file sharing program, Napster. |
Self
| Title | Year | Status | Character |
|---|---|---|---|
| Downloaded | 2013 | Documentary | Himself |
| Late Night with Jimmy Fallon | 2012 | TV Series | Himself – Guest |
| The Virtual Revolution | 2010 | TV Series documentary | Himself – Founder: Napster |
| AFI’s 100 Years… 100 Songs: America’s Greatest Music in the Movies | 2004 | TV Movie documentary | Himself |
| The Italian Job | 2003 | Himself | |
| MTV Video Music Awards 2000 | 2000 | TV Special | Himself |
