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2 days ago · PROFILE. Peter Thiel. Investor, Founders Fund. $7.8B. Real Time Net Worth. as of 7/14/24. #350 in the world today. Photo by Courtesy of Peter Thiel. About Peter Thiel. PayPal...
- Investor
23 hours ago · A self-described contrarian, Peter Thiel made his fortune by appealing to the masses. He co-founded PayPal in 1999 on expectations that people would want a more integrated way to spend money...
- What Is Peter Thiel's Net Worth?
- Early Life and Education
- PayPal
- Clarium Capital Management
- Other Achievements
- $5 Billion Roth Ira
Peter Thiel is a German-born American entrepreneur, hedge fund manager and venture capitalist who has a net worth of $7 billion. Peter made his first fortune as a co-founder of PayPal. He made another major fortune several years later when he became the first outside investor in a company that was then called TheFaceBook.com. In 2004, Thiel gave Ma...
Peter Andreas Thiel was born in Frankfurt am Main, West Germany on October 11, 1967. The family migrated to Cleveland when Peter was one. They moved several more times for his father's work, including to South Africa, before eventually settling in Foster City, California. He attended Bowditch Middle School in Foster City, followed by San Mateo High...
In the summer of 1998 a 23-year-old Stanford PhD student named Max Levchinattended a lecture being given by Peter. The two struck up a friendship and soon Peter provided Max the funds he needed to launch what became PayPal. Max's idea intentionally was to build a payment system to allow payments to be sent between Palm electronics devices. Peter al...
After PayPal, Peter used $10 million of his windfall to launch Clarium Capital Management, an investment management and hedge fund company. In 2003 he launched California-headquartered analytical software company, Palantir Technologies, where he sits on the chairman board.
In August 2004, Thiel invested $500,000 to acquire a 10.2% stake in Facebook. He was the company's first outside investor. When Facebook went public in 2012, Thiel sold $638 million worth of his equity. In August 2012, he sold nearly all of his remaining stake for $395 million. For what it's worth, as of this writing, a 10% stake in Facebook would ...
Thanks to his contributions to technology, entrepreneurship, and finance, Thiel has earned various recognition and awards including the one by the World Economic Forum, which honored Peter as a Young Global Leader. In addition to the above, he has been an active participant in numerous philanthropic, academic, and cultural causes. Primarily a suppo...
An investigative report by ProPublica published in June 2021revealed that Peter Thiel's Roth IRA account is worth around $5 billion. How did he pull that off? Peter bought his founder equity shares in PayPal with money from his Roth IRA. He paid $1,700 for 1.7 million shares at $0.001 per share. When eBay bought PayPal in 2002 for $1.5 billion, tho...
- Celebrity Net Worth
1 hour ago · We estimate Peter Thiel’s net worth at $7.9 billion—largely thanks to his role as one of Facebook’s earliest investors, as well as his work as a general partner of venture capital firm ...
As of June 2023, Thiel had an estimated net worth of $9.7 billion and was ranked 213th on the Bloomberg Billionaires Index. Thiel has worked as a securities lawyer at Sullivan & Cromwell, a speechwriter for former U.S. Secretary of Education William Bennett, and a derivatives trader at Credit Suisse.
Jun 24, 2021 · And thanks to the Roth, Thiel’s fortune is far more vast than even experts in tallying the wealth of the rich believed. In 2019, Forbes put Thiel’s total net worth at just $2.3 billion.
The billionaire tech mogul is the co-founder of PayPal (along with Elon Musk, Ken Howery, Luke Nosek, and Max Levchin), not to mention being an angel investor in Facebook with a 10.2% initial stake in the company and providing angel investment for the likes of Yelp and LinkedIn.
