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      • Peter Andreas Thiel was born on 11 October 1967 under the sign of Libra, in Frankfurt, then West Germany, to his father, Klaus Friedrich Thiel, and his mother, Susanne Thiel. The family moved to Cleveland, Ohio when Peter was an infant, and there his father worked as a chemical engineer. He is the elder brother of Patrick Michael Thiel.
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  2. Peter Thiel Family - Celebrity Family › business › peter-thiel-family

    Thiel’s parents were German. His father, Klaus, was a chemical engineer. He travelled to South Africa, Namibia, and Ohio before coming to the Bay Area in the late 1970s. He shifted to America when Thiel was a one-year-old baby. Eventually, he settled in Foster City in California. Thiel Siblings – Patrick Thiel. Name – Patrick Thiel. Born – Unknown

  3. Peter Thiel - Wikipedia › wiki › Peter_Thiel

    Thiel was born in Frankfurt am Main, West Germany, on 11 October 1967, to Susanne and Klaus Friedrich Thiel. The family migrated to the United States when Peter was one year old and lived in Cleveland, Ohio, where his father worked as a chemical engineer. Klaus then worked for various mining companies, creating an itinerant upbringing for Thiel ...

    • Germany (1967–1978), United States (1978–present), New Zealand (2011–present)
    • US$6.36 billion (As of 24 May 2021[update])
  4. Klaus Peter Thiel has been listed as a noteworthy chemical engineer, researcher by Marquis Who's Who. Interests Soccer, jogging, chess, cards. Connections Married Ingrid Elisabeth Thiel. Children: Thomas Klaus, Michael Klaus. Father: Eduard Yosef Theil Mother:

  5. Peter Andreas Thiel Biography – Facts, Childhood, Family Life ... › profiles › peter-thiel

    Peter Thiel was born on October 11, 1967, in Frankfurt, West Germany, to Klaus Friedrich Thiel and Susanne. He has a younger brother called Patrick Michael Thiel. When Thiel was a year old, his family migrated to the US and settled in Cleveland.

  6. How Serial Entrepreneur Peter Thiel Became a Billionaire › serial-entrepreneur-peter
    • Early Life and Education
    • Finding Fulfillment in Being A Serial Entrepreneur
    • Investing His Way to The Billionaire Club
    • The Bottom Line

    Born in October 1967, Thiel was born in Frankfurt, Germany and has virtually always had a very curious and creative mind. In a 2014 interview with ABC News, Theil mentioned that his favorite toy as a child was Legos and that his favorite childhood memory was receiving a globe of the world for his third birthday. Although Thiel was born in Germany, he did not live in Europe for a long period of time as his family migrated to the United States a little more than a year after his birth. They initially move to Cleveland, Ohio. Thiel’s father Klaus Thiel worked as a chemical engineer for various mining companies and as a result the family had to frequently move to different countries. At one point, they had lived in South Africa and Namibia, a country located on the coast of the southwest of Africa. In George Packer’s book “The Unwinding: An Inner History of the New America”, he explained that Thiel’s strong advocacy for libertarianism was developed partly because he disliked the time wh...

    Thiel began his career off with a one year gig as a legal clerk for the U.S. Court of Appeals for the 11th Circuit. After, he moved to New York City to work as a securities lawyer for the law firm Sullivan and Cromwell. His position at the company did not last more than a year. In an interview with Fortune Magazine in 2014, Thiel described his time with Sullivan and Cromwell as the ‘‘most unhappiest period’’ of his entire life. He ultimately abandoned the job and switched into a career in investment banking. Between 1993 to 1996, Thiel worked as a derivatives trader for Credit Suisse. Still feeling unfulfilled with the path that he was taking in life, Thiel returned to the California Bay Area in 1996. There he raised $1 million from friends and family to start a venture capital fund. It started off on a rocky start however things took a positive turn in December 1998 when Thiel partnered with three people — Max Levchin, Luke Nosek and Ken Howery — to start a money transfer company t...

    Following the acquisition of Paypal, Thiel founded a hedge fund management company called Clarium Capital. The fund’s assets under management peaked at $8 billion just before the 2008 recession and has since significantly decreased through to large redemptions from investors. As of 2010, Clarium managed a little under $700 billion. Many investors fled Thiel’s fund because of its poor performance over multiple years. He has also played a role in the founding of two tech venture capital firms Founders Fund and Mithril Capital Management as well as a cyber-security company called Palantir Technologies who primarily provide its services to various U.S. intelligence agencies. The vast majority of Thiel’s billion dollar fortune has come as a result of his early investment in the social networking giant Facebook. He loaned the company $500,000 in 2004 to help it grow. His loan was eventually converted into a 10.2 percent equity stake in the company. Thiel has since sold most of his Faceboo...

    Peter Thiel is one of the most powerful and influential people in Silicon Valley today. A judicial clerk turned technology entrepreneur, Thiel along with three other people built the online money transfer giant PayPal. They ultimately sold the company to eBay for $1.5 billion. Following the sale, Thiel started a venture capital fund to help back tech startups who he thought had a lot of potential. One of his most successful investments was a $500,000 capital injection into Facebook when it was slowly growing. He was actually the company’s first outside investor, and remains on the company’s board to this day.

  7. Peter Thiel | Immigrant Entreprenuership › peter-thiel
    • Introduction
    • Family Background, Education and World View
    • Business Development: PayPal
    • Clarium Capital Management and Subsequent Ventures
    • Philanthropy and Public Image
    • Conclusion

    Peter Thiel (born October 11, 1967, in Frankfurt am Main, Germany) is a technology entrepreneur, hedge fund manager, venture capitalist, libertarian, and philanthropist. He began his career by co-founding PayPal together with Elon Musk and Max Levchin in 1998 and served as the company’s chairman and CEO until the company sold to eBay in 2002. Since then, he has embarked on a number of projects including the establishment of Clarium Capital Management, a global macroeconomic hedge fund, in 2002; investment in Facebook in 2004; the launch of The Founders Fund, a Silicon Valley venture capital fund, with Ken Howery and Luke Nosek in 2005; the co-formation of Mithril Capital Management, a global venture capital firm, together with Ajay Royan in 2012; and the launching of the Thiel Foundation, a nonprofit organization that carries out philanthropic activities. Currently, he resides as president of Clarium Capital, acts as a managing partner in The Founders Fund, serves as a member on the...

    Peter Andreas Thiel was born on October 11, 1967, in Frankfurt am Main, Germany, to Klaus and Susanne Thiel. The family migrated to the United States when Peter was one year old and settled in Cleveland, Ohio, where Klaus Thiel worked as a chemical engineer. Klaus worked in management for various mining companies, which caused the family to routinely move. Before finally settling in Foster City, California, in 1977, the Thiels lived in South Africa and Swakopmund, a small German town on the coast of then South-West Africa (today’s Namibia). Peter and his younger brother, Patrick, attended a strict elementary school in South-West Africa that required uniforms and implemented the disciplinary practice of rapping students’ hands with a ruler for mistakes. This experience instilled a dislike of uniformity and regimentation later reflected in his strong support of individualism and libertarianism as an adult. When Peter was nine years old, the family moved back to Cleveland for his fathe...

    After returning to the California Bay Area in 1996, Thiel saw how much it had changed since he left four years prior. The development of the Internet and personal computer had quickly altered the economic landscape by creating the need for new hardware and software companies. By 1994, already over 315 public firms operated their businesses in the area now known under the name “Silicon Valley”—coined in 1971 by the journalist Don Hoefler in a series of articles published in Electronics News.The Bay Area was the prime location for Peter to begin his new career as a venture capitalist, both because the so-called “dotcom boom” was well underway, and because the area had experienced a rich history of venture capitalist activity and support of research and development in the technology industry for decades. This is in large part attributed to Peter’s alma matter, Stanford University, and Frederick Terman, the “father of Silicon Valley,” who years after graduating from Stanford served as t...

    After PayPal, Thiel established Clarium Capital Management, a global macro hedge fund, focusing on directional and liquid instruments in currencies, interest rates, commodities, and equities. In 2003 and again in 2005, Clarium Capital Management reflected a net return of over 50%, a growth that would not continue throughout the 2008 economic downturn and its aftermath. Clarium’s success began to decline in 2006 with a 7.8% loss. During this time, the firm sought to profit in the long-term from its petrodollar analysis, which foresaw the impending decline in oil supplies and an unsustainable bubble growing in the U.S. housing market. Clarium’s assets indeed grew to over $7 billion dollars by 2008, however again declined as financial markets collapsed toward the end of 2008, causing the worst year on record for hedge fund businesses. By 2011 after missing out on the economic rebound, many key investors pulled out, causing Clarium’s assets to be valued at $350 million dollars, two-thir...

    Along with his large and dispersed venture capitalist activity, Peter has funded a number of philanthropic projects under his Thiel Foundation. Currently, the foundation supports three projects: the Breakout Labs, the Thiel Fellowship, and Imitatio. These projects reflect Thiel’s vision for an improved future that includes anti-aging science, alternative paths to a conventional university education, and an understanding of human behavior based on Girard’s mimetic theory. Peter envisions his Foundation as a support for unconventional, bold ideas that have the potential to disrupt and transform society.Its slogan, prominently displayed on the website, aptly reads “We're Championing BOLD THINKERS WHO PURSUE UNRECOGNIZED TRUTHS.” One of the most controversial projects launched by the Thiel Foundation is the Thiel Fellowship for twenty people under the age of twenty. Each fellow is awarded $100,000 to quit college and start their own ventures. Launched in 2011, the program sought to give...

    A 2015 article in Forbes magazine appropriately summarized Peter’s thoughts on business in six points: to think like a contrarian, to support new innovation, to not shy away from contradiction (even if self-contradictory), to escape the crowd, to not fear action or ideas that conventional society finds “weird,” and finally to establish a shared mission within one’s corporate culture.His success has gained him widespread international attention with much interest devoted to his thought process, worldview, and ideas for the future. As an entrepreneur, Peter displays a diversified portfolio with his firms that currently cover three different investment stages. His Founders Fund supports startups, Clarium Capital Management focuses on global macroeconomic investments, and Mithril Capital Management funds companies in their important growth stage. The philanthropic work conducted by his Thiel Foundation also displays an interest in developing new leaders and innovations. As his list of f...

  8. Oct 09, 2020 · Peter Thiel Age. Thiel was born on 11 October 1967 in Frankfurt, Germany. He is 52 years old as of 11 October 2020. Peter Thiel Family. Thiel is the son of Susanne Thiel and Klaus Friedrich Thiel. He has a brother Patrick Thiel.

  9. History of Peter Thiel in Timeline - Popular Timelines › t › 610532

    October 1967. Thiel was born in Frankfurt am Main, West Germany, on 11 October 1967, to Susanne and Klaus Friedrich Thiel. The family migrated to the United States when Peter was one year old and lived in Cleveland, Ohio, where his father worked as a chemical engineer.

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