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Learn about Peter Thiel, a co-founder of PayPal, Palantir, and Founders Fund, who was the first outside investor in Facebook. As of July 2024, he had an estimated net worth of $11.2 billion and was ranked 212th on the Bloomberg Billionaires Index.
Peter Thiel is a billionaire investor, cofounder of PayPal and Facebook, and founder of Palantir. His net worth is $9.9 billion as of 9/20/24, according to Forbes, which ranks him #250 in the world and #12 among tech investors.
- Investor
- What Is Peter Thiel's Net Worth?
- Early Life and Education
- PayPal
- Clarium Capital Management
- Other Achievements
- $5 Billion Roth Ira
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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...
Learn how Peter Thiel made his fortune as a co-founder of PayPal and an early investor in Facebook. Find out his current net worth, his Roth IRA strategy, and his philanthropic and academic activities.
- Celebrity Net Worth
Mar 22, 2024 · Peter Thiel, who co-founded Palantir and owns 7% of the company, sold $178 million worth of stock after a successful event showcasing its AI software. The sale may have been for other investments or cash hoarding, and does not indicate a lack of confidence in Palantir's future.
Sep 2, 2024 · Peter Thiel is an American entrepreneur with an estimated net worth of about $11.6 billion as of September 2024, placing him 206th on the Bloomberg Billionaires Index.
- Jon Quast
Peter Thiel is a billionaire entrepreneur and venture capitalist who co-founded PayPal and Facebook. He also owns stakes in Palantir, Founders Fund and other tech companies. See his net worth, biography and latest news on Bloomberg.
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Dec 8, 2023 · Learn how Peter Thiel, the co-founder of PayPal and investor in Facebook, became a billionaire with a net worth of $7 billion. Find out his sources of income, his political views, his awards, and his personal losses.
