Shawn Fanning is a computer programmer, entrepreneur, and the angel investor. He went on and developed a programme dubbed Napster, which is one of the most popular P2P Peer to Peer file sharing platforms in the year 1999. Napster has gained a lot of popularity, and Fanning went on to be featured on cover of Time Magazine. The site in the initial free P2P incarnation got to be shut down in the year 2001 after this company was able to have a very unsuccessful appeal of the court orders that had arisen from it supporting illegal sharing and also downloading of the copyrighted material. Keep on reading to learn more on the net worth and earnings of Shawn Fanning in the year 2018.
Early Life & Biography
Shawn Fanning was born in the year 1980 on November 22nd Brockton, Massachusetts. His parents are Coleen and Joe Fanning, and after he completed the high school education, he went on and joined Northeastern University. Here, he started working on the Napster. He was able to make music sharing very popular among students of the Northeastern University.
Shawn Fanning has been married to Jessica Wigsmoen. There is nothing that is known when it comes to his personal life. It has remained unclear when the two get married or even if they have any children. He has been very active in the profession since he was a teenager. In the year 2013, he became a subject of a documentary that was titled ‘Downloaded’ by Alex Winter.
Career, Awards & Nominations
While at the Northeastern University, he was able to develop Napster. It rose on and became a very popular file sharing platform during that time. This system got to be shut down in the year 2001 for the copyrighted material. Later on, there was a subscription version of it that was made very much available. It got to be brought by the Rhapsody in the year 2011. Napster got to be made together with Shawn Parker.
In 2003, that was when he was able to create Snocap Company. The company wanted to be a digital media marketplace. The company never performed well. The Rupture project was known in 2007 with the various seed funding and the CrunchBase notes. He would join Electronic Arts, but he would be laid down a few months later. In the year 2003, Fanning was able to appear in a movie that was titled ‘Italian Job.’ He went on and appeared in the Volkswagen commercial.
Net Worth & Earnings
The net worth of Shawn Fanning is estimated to be over $10 million. This wealth has been generated from his career as an IT expert where he has had a chance of working with multiple companies. He has been known as the founder of the Napster and also went on to create several companies. He is an Angel investor and has been engaging in several other ventures.
Shawn Fanning is among the best computer programmers globally. Through the Napster, he was able to make it easy sharing of the files for students of the Northeastern University. He is a very talented person, and despite being a guru when it comes to programming, he is not very active in social media.