Fort Lauderdale 3/11/2011 4:09:33 AM
News / Internet

Facebook Alumni Sean Parker Makes Forbes Wealthiest List

by Daun Lee

Sean Parker whoa has portrayed by Justin Timberlake in the film ‘The Social Network’ ranks among the wealthiest men in America. He was Facebook’s first president, who helped the upstart with funding but was portrayed negatively in the ‘The Social Network’. Parker was the brains behind the now defunct Napster. He joins other Facebook entrepreneurs on the Forbes Billionaires list. In fact four of the twenty wealthiest people on Forbes list are the originators of the valuable social networking site; they include Mark Zuckerberg, Dustin Moskovitz, Eduardo Severin and Parker who is a billionaire though he holds only 4 percent of shares in Facebook.

The immense wealth of the Facebook originators points to the importance of the social networking site in marketing. The site has grown in popularity in a short time and now boasts over 5 billion users worldwide. Corporations like Warner Bros. and SEO are beginning to tap into the vast outreach provided by Facebook.

In recent studies, Facebook has ranked as one of the most frequently searched sites on Google. The future of internet marketing and SEO is in the social networking sites like Facebook and Twitter. Though there has been recent controversy over Facebook and their privacy policies many people still use the site to keep up with friends and even help them make purchasing decisions. Some market analysts found that consumers made purchasing decisions by Facebook friend recommendations which make it an important tool for SEO and internet advertising.