Sean Parker: It's Tough Being in the 1%

Being rich brings new problems, tech billionaire complains
By Rob Quinn,  Newser Staff
Posted Oct 28, 2011 1:13 AM CDT
Updated Oct 28, 2011 5:46 AM CDT
Sean Parker: It's Tough Being in the 1%
Parker, a co-founder of Napster, is believed to be worth around $2 billion.   (Getty Images)

(Newser) – Billionaire tech investor Sean Parker has taken to Twitter to complain about the downside of being rich. “I have a whole new set of problems to deal with now: security, extortion attempts, kidnapping threats, death threats, etc. Life better b4?" the former Facebook president tweeted, offering his thoughts on the Occupy Wall Street movement. “You guys are really attacking me for being the 1%? I was broke and couch surfing just a few years ago."

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"The problem is not the wealthy or even super wealthy, the problem is too much finance. We need less Wall St. and more Main St.," he tweeted. Parker does, however, think he should be paying more tax on his billions. "I believe strongly in higher taxes, in particular for the wealthy and super wealthy," he told the San Francisco Bay Guardian earlier this week. "I am paying far too little in taxes at the moment, in particular on capital gains which should have been increased after the Bush era." (Read more Sean Parker stories.)

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