Shawn Fanning Net Worth 2023: Programmer, Entrepreneur, Napster (Updated)

What is Shawn Fanning’s Net Worth? (Recent Reports)

Net Worth $70 Million 
BirthNovember 22, 1980
Age42 years
Birthplace Brockton, Massachusetts
Source of Wealth American programmer 
Last Updated 2023

Shawn Fanning is an American computer programmer. As of 2023, he boasts a net worth of $70 Million. He is also an entrepreneur.

He is an angel investor. He was also featured on the cover of Time magazine. He is the founder of Napster.

He appeared in the movie “The Italian Job”. The movie “Downloaded” was based on him.

Would you like to know more about him? Do you want to learn more about his background, earnings, boyfriend, and other things? If yes, then read his motivational story here and get started. 

Shawn Fanning Biography/Wikipedia/Wiki

Real Name Shawn Fanning
Also Known AsShawn Fanning 
Birth Date November 22, 1980
Age42 years
Gender Male
Horoscope Sagittarius
Nationality American 
Ethnicity N/A
Religion N/A
Height 1.75 m
Weight 88 kg
Marital Status Unmarried 
Spouse/Girlfriend Jessica Wigsmoen
Net Worth $70 Million 
Profession American programmer 

How Was Shawn Fanning’s Early Life And Education?

Shawn Fanning was born in Brockton, Massachusetts in the United States of America.

His father’s name is Joe Rando. His mother is Coleen Fanning. He is the only son of his parents.

He spent most of his youth with his uncle.

He attended Harwich High School. Later, he enrolled at Northeastern University

How Did Shawn Fanning Start His Career?

Shawn Fanning started his career when he was at University. 

He developed Napster in 1999. It was the first popular peer-to-peer (“P2P”) file-sharing platform. Sean Parker was the co-founder.

It was later shut down in 2001, as it was considered illegal sharing of copyrighted material.

Later the paid subscription version of the site was purchased by Rhapsody on December 1, 2011.

He joined and made investments in several startup technology firms.

In 2003, he opened a new company and named it Snocap. He opened it along with Jordan Mendelson (Napster’s Chief Architect), and Ron Conway.

In late 2007, Snocap laid off 60% of its workforce. In 2008, Snocap was sold to Imeem in a fire sale.

In December 2006, Fanning developed Rupture along with Co-founder Jon Baudanza. It was a social networking tool. 

Later, Electronic Arts acquired Rupture for $30 million. 

He started a new company called Dave Morin became the CEO of Path after leaving Facebook in 2010.

In 2011, he founded along with Sean Parker. Ron Conway, Michael Arrington, and Ashton Kutcher were some of the investors. Fanning served as CEO. It crashed eventually.

He founded Helium Systems together with Amir Haleem, and Sean Carey in the year 2013.

Shawn Fanning’s Personal Life

Shawn Fanning’s father’s name is Joe Rando. His mother is Coleen Fanning. He was born in Brockton, Massachusetts. He is the only son of his parents, he lived mostly with his uncle in his youth days. 

Reflecting on his personal life, he is currently single. He was in a relationship with Jessica Wigsmoen. Together they have a daughter. 

How Does Shawn Fanning Make Money?

The major sources through which he makes money are:

  • Earning as a Founder
  • Earning as an entrepreneur
  • Earning as a computer programmer
  • Earning as a developer
  • Earning as a CEO

Shawn Fanning Filmography


  • The Italian Job (2003)
  • Downloaded (2013)

Shawn Fanning’s Social Media Accounts

Major Career Highlights

  • In 2000, he appeared as a presenter at the MTV Video Music Awards.
  • In 2003, he appeared in a cameo role in the movie “The Italian Job”.
  • In 2008, he appeared in a Volkswagen commercial. It was directed by Roman Coppola.
  • The documentary “Downloaded” was made in 2013. It was based on Shawn Fanning and his company Napster. It was made by Alex Winter.

Shawn Fanning Quotes

“I think it’s pretty obvious to most people that Napster is not media-specific, but I could see a system like Napster evolving into something that allows users to locate and retrieve different types of data other than just MP3s or audio files.”

Shawn Fanning

“It’s been all over the press, and schools are deciding to shut it down. We released a public announcement saying that we had some potential solutions that we were working with, and once we had something concrete, we would start implementing it and approach schools.”

Shawn Fanning

“Well, user feedback was excellent. Even when the software didn’t work at all, there were few people who were avid users, and there were people who were sending excellent feedback and excellent ideas.” 

Shawn Fanning

Success Lessons From Shawn Fanning

  • Never stop because of failures.
  • Shawn Fanning founded Napster at a very young age. Though, after failing he never stopped trying new things.
  • Strength and faith in yourself matter the most.


Shawn Fanning is an American computer programmer. He is also an entrepreneur.

He is an angel investor. He also was featured on the cover of Time magazine. 

He is also the founder of Napster. He has founded many technologies. He has also invested in several other companies.

I hope he has inspired you to take action in your life.

According to the latest report, the net worth of Shawn Fanning is $70 Million…!

Frequently Asked Questions

These are some of the questions asked about Shawn Fanning…

What is Shawn Fanning known for?

Fanning is an American computer programmer, entrepreneur, as well as angel investor.

Who invented the Napster?

Shawn Fanning and Sean Parker invented Napster. 

What is Shawn Fanning’s net worth?

Shawn Fanning’s net worth is assessed to be $70 Million.

Is Shawn Fanning married?

Shawn Fanning is not married.

Does Shawn Fanning have a child?

Yes, Shawn Fanning has a child with Jessica Wigsmoen.

Where does Shawn Fanning currently live?

He lives in the United States of America.

(PS: This is not the exact net worth of Shawn Fanning. The amount may vary.)

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