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5 days ago · Peter Thiel is a billionaire venture capitalist and cofounder of PayPal, Facebook and Palantir. His net worth is $7.4 billion as of March 2023, according to Forbes, and he lives in Los Angeles.
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As of June 2023, Thiel had an estimated net worth of $9.7 billion and was ranked 213th on the Bloomberg Billionaires Index. He worked as a securities lawyer at Sullivan & Cromwell, as a speechwriter for former U.S. Secretary of Education William Bennett and as a derivatives trader at Credit Suisse. He founded Thiel Capital Management in 1996.
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Mar 22, 2024 · Peter Thiel is ranked 106th in the world with a net worth of $12.1 billion as of March 13, 2024. See his profile, the biggest movers, and compare fortunes or track returns on the Bloomberg Billionaires Index.
Mar 22, 2024 · On the heels of Palantir's successful AIP Con event, Peter Thiel sold $178 million worth of the company's stock. Artificial intelligence (AI) is one of the biggest investment themes today.
- What Is Peter Thiel's Net Worth?
- 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. Several years later he was the first outside investor in a company that was then called TheFaceBook.com. Thiel gave Mark Zuckerberg– who was by that point on sabbati...
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...
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Dec 8, 2023 · Learn how Peter Thiel, the co-founder of PayPal and an early investor in Facebook, became a billionaire venture capitalist and political activist. Find out his net worth, sources of income, personal life, and awards and honors.
Mar 13, 2024 · Find out the latest net worth of Peter Thiel, the co-founder of PayPal and an independent director of Meta Platforms Inc. See his stock trades, compensation, age, mailing address and more on wallmine.com.