Peter Thiel

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Peter Thiel
Man in his 40s with short, dark hair wearing a shirt and blazer
Thiel in 2014
Peter Andreas Thiel

(1967-10-11) October 11, 1967 (age 56)
  • Germany (1967–1978)
  • United States (1978–present)
  • New Zealand (2011–present)
EducationStanford University (BA, JD)
Net worthUS$2.5 billion (2019)[1]
Political partyRepublican[2]
Matt Danzeisen (m. 2017)

Peter Andreas Thiel (teel; born October 11, 1967) is an American entrepreneur. He helped create PayPal, Palantir Technologies and Founders Fund. In 2018, he supposedly had $2.5 billion.[3][4]

Thiel was born in Frankfurt. As a baby, he moved with his family to the United States. He spent some time in Southern Africa. He studied philosophy at Stanford University, graduating with a B.A. in 1989. He then went on to the Stanford Law School and received his J.D. in 1992. He worked as a lawyer, speechwriter, and trader. He founded Thiel Capital in 1996. He co-founded PayPal in 1999. He was chief executive officer until he sold the company to eBay in 2002 for $1.5 billion.

He founded Clarium Capital, a global macro hedge fund. He launched Palantir Technologies, a big data analysis company, in 2004 and continues to serve as its chairman as of 2018. He helped create Founders Fund, a venture capital firm.

Thiel became Facebook's first outside investor by buying 10.2% for $500,000 in August 2004. He sold the majority of his shares in Facebook for over $1 billion in 2012, but remains on the board of directors. He also co-founded Valar Ventures in 2010, co-founded Mithril Capital.[5][6][7]

References[change | change source]

  1. Staff writer(s) (March 27, 2019). "Peter Thiel". Forbes.
  2. Schwab, Florian. "Interview of the Week: Peter Thiel". Die Weltwoche. Archived from the original on July 24, 2018. Retrieved July 23, 2018.
  3. Staff writer(s) (April 3, 2014). "Midas List 2014: The Billionaires". Forbes. Archived from the original on March 28, 2019. Retrieved July 19, 2019.
  4. "Peter Thiel profile". Forbes. Retrieved 20 October 2017.
  5. "The PayPal Mafia: Who are they and where are Silicon Valley's richest group of men now?". The Daily Telegraph. Retrieved 2014-09-23.
  6. Waters, Richard. "Lunch with the FT: Peter Thiel". Financial Times.
  7. Hook, Leslie. "Tech elite discovers it may need Peter Thiel". Financial Times.