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Napster Co-Founder Invests $600 Million in Public Health

Napster Co-Founder Invests $600 Million in Public Health
Tech billionaire, Sean Parker announced the creation of the Parker Foundation to help solve some of the world's biggest health problems.

A billionaire entrepreneur is making it his mission to help solve some of the world's biggest health problems.

Napster co-founder and former Facebook President, Sean Parker, who is estimated to be worth $2.8 billion, announced the creation of the San Francisco-based Parker Foundation.

The foundation will focus on civic engagement and global public health, including innovative treatments for disease. The 35-year-old philanthropist will also continue his funding of work on cancer immunotherapy, malaria eradication, and allergy research.

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On the foundation's website, Parker says, "Our projects may take years or even decades but they will be achievable in our lifetime."

(READ more at Chronicle of Philanthropy) – Photo: LeWeb14-CC

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