Mogul to pay $2.5M in settlement

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SAN FRANCISCO (AP) — Facebook billionaire Sean Parker’s lavish, $10-million Big Sur wedding just got even more expensive.

The California Coastal Commission and Parker on Monday said they have reached a $2.5 million settlement to pay for coastal conservation programs after the Napster co-founder was caught building a movie-set-like wedding site in a protected area of Big Sur without proper permits.

Parker, the former president of Facebook, married singer-songwriter Alexandra Lenas on Saturday.

The agreement was reached after Parker built a cottage, fake ruins and staircases near redwoods and a coastal stream without getting permission.

The commission said the money will be used to purchase public easements and hiking trails, and as grants for coastal conservation nonprofits.

Parker said in a statement that he was excited to support conservation-related projects.

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