Peter Thiel Bio | Wiki
Peter Thiel (Full Name: Peter Andreas Thiel) is a popular German-American billionaire entrepreneur, venture capitalist, and political activist who is the Founder and President of Clarium Capital Management, LLC. He is also a Managing Partner at The Founders Fund and a Member, Board of Directors of Facebook. He is also a Linkedin investor. As of June 2023, Peter had an estimated net worth of $9.7 billion and became positioned 213th on the Bloomberg Billionaires Index.
He served as a securities lawyer at Sullivan & Cromwell, as a speechwriter for retired U.S. Secretary of Education William Bennett as well as a derivatives trader at Credit Suisse. He created Thiel Capital Management in 1996. Peter co-founded PayPal alongside Max Levchin and Luke Nosek in 1998, working as chief executive officer until its sale to eBay in 2002 for $1.5 billion. Following PayPal, Peter founded Clarium Capital, a global macro hedge fund based in San Francisco. In 2003, Peter launched Palantir Technologies, a big data analysis company, working as its chairman since its inception.
In 2005, Peter launched Founders Fund alongside PayPal partners Ken Howery and Luke Nosek. Earlier, Peter became Facebook’s first outside investor when he got a 10.2% stake for $500,000 in August 2004. He marketed most of his shares on Facebook for more than $1 billion in 2012 but remains on the board of directors. Following the Fifth National Government intervention on his behalf, Peter was controversially granted New Zealand citizenship in 2011 following spending 12 days in the country non-consecutively. Besides, Peter co-founded Valar Ventures in 2010; co-created Mithril Capital, worked as investment committee chair, in 2012; and worked as a part-time partner at Y Combinator from 2015 until 2017.
Peter Thiel Age
Peter was born on October 11, 1967, in Frankfurt, West Germany. He is 56 years old. Peter celebrates his birthday on October 11, every year.
Peter Thiel Height
He is a man of above-average stature. Peter stands at a height of 6 ft 0 in ( Approx. 1.85m ).
Peter Thiel Family
He was born in Frankfurt am Main, West Germany, to his parents Klaus Friedrich Thiel and Susanne Thiel. Peter’s family moved to the United States when he was one year old and resided in Cleveland, Ohio, where his dad served as a chemical engineer. His dad later worked for many mining companies, forming an itinerant upbringing for Peter and his younger brother, Patrick Michael Thiel. Peter’s mother became a U.S. citizen, but his dad did not. Prior to settling in Foster City, California, in 1977, the family lived in South Africa and South West Africa (modern-day Namibia).
Peter Thiel Husband | Married | Boyfriend | Spouse
Peter is married to his husband Matt Danzeisen, portfolio manager at Thiel Capital. The two married in October 2017 in Vienna, Austria. Peter was allegedly in a relationship with Social media influencer Jeff Thomas from the onset of the COVID-19 pandemic until Jeff’s sudden death in March 2023.
Peter Thiel Wife
He is an openly gay man. Peter is married to his husband Matt Danzeisen hence he has no wife.
Peter Thiel Daughter | Daughter Name | Daughter Age
He and his husband Matt Danzeisen have a daughter named Elanor Kristina. At the moment, Peter has not disclosed any details regarding his daughter’s age.
Peter Thiel Education
He excelled in mathematics and was first in a California-wide mathematics contest while attending Bowditch Middle School in Foster City. At San Mateo High School, Peter read Ayn Rand, admired the optimism and anti-communism of then-President Ronald Reagan, and emerged valedictorian of his graduating class in 1985. Peter learned philosophy at Stanford University. He also went to Stanford Law School and received his Juris Doctor degree in 1992.
Peter Thiel SVB
He had $50 million of his own money stuck in SVB,” the PayPal co-founder told the UK financial paper. Peter’s firm moved all its money out of the little-known, California-based tech lender On March 17, 2022, a day after it revealed a $1.8 billion loss on its bondholdings.
Peter Thiel Roth Ira | Ira
In 2021 it was disclosed by ProPublica that Peter had bought 1.7 million founders’ shares in the entity that would become PayPal using $1,700 in a Roth IRA in 1999. because of the rapid growth in the value of the shares as PayPal developed and was afterward acquired by eBay, it allowed Peter to turn his $1700 Roth IRA into an account worth over $5 billion as of 2019.
Most of this rise in the value of the Roth was because of him re-investing his PayPal proceeds into companies such as Palantir and Facebook which grew quickly following his investment. If Peter waits until he turns 60 in 2027, he can withdraw the entire $5 billion+ amount tax-free.
Peter Thiel Organizations Founded
– PayPal
– Palantir Technologies
– Founders Fund
– OpenAl
– Confinity
– Clarium Capital
– Valar Ventures
– Breakout Labs
Peter Thiel Books
– Zero to One (2014)
– The Diversity Myth: Multiculturalism and Political Intolerance on Campus (1995)
– Summary – Zero to One: – Notes on Startups, Or How to Build the Future (2017)
Peter Thiel Book | Zero To One | From Zero To One
In Spring 2012, Peter taught CS 183: Startup at Stanford University. Notes for the course, taken by learner Blake Masters, led to a book named Zero to One: Notes on Startups, or How to Build the Future by Thiel and Masters, which was published in September 2014. To promote the book, he sent out his first (and only) tweet ever on September 8, 2014. On September 13, 2014, Peter appeared on NPR with host Wade Goodwyn to discuss the book.
Peter Thiel Elon Musk
He thinks Elon Musk is a ‘fraud,’. Peter and Elon Musk have served together for decades, but are polar opposites. Peter and his allies conspired against Elon and replaced him as PayPal CEO while Elon was on his honeymoon. But while Elon would be CEO, Peter strategically placed loyal confidantes (members of his so-called “Paypal Mafia”) in the top roles. When Elon was trying to get his electric car company, Tesla Motors — worth more than $800 billion by 2020 — off the ground, Peter said no to investing.
Peter Thiel Palantir
In May 2003, Peter incorporated Palantir Technologies, a big data analysis company named following the Tolkien artifact. Peter proceeds to work as its chairman as of 2022. Peter envisioned Palantir as providing data mining services to government intelligence agencies that were maximally unintrusive and traceable. Palantir steadily grew and in 2015 was valued at $20 billion, with Petrt being the company’s largest shareholder.
Jeff Thomas Peter Thiel
He was reportedly dating his boyfriend Jeff Thomas a Social media influencer. The two began dating from the onset of the COVID-19 pandemic until Jeff’s sudden death in March 2023. A Miami Police Department spokesperson told PEOPLE that officers found Jeff’s body on the afternoon of March 8, 2023, at an apartment building in Miami. Jeff died of an apparent suicide they said, noting the case is still open.
Peter Thiel Warren Buffett
In April 2022, Peter called Warren Buffett a ‘sociopathic grandpa from Omaha’ and Bitcoin’s ‘enemy No. 1’. Warren Buffett works as the Chairman and CEO of Berkshire Hathaway.
Peter Thiel Companies
– PayPal
– Palantir Technologies
– Founders Fund
Peter Thiel House
He, himself, purchased a house in Florida three years ago: an $18 million estate on Miami’s Venetian Islands. Peter has also as reportedly purchased Wilbur Ross’s former manse for $13 million.
Peter Thiel Paypal
In 1998, Peter co-founded PayPal with Max Levchin and Luke Nosek working as chief executive officer until its sale to eBay in 2002 for $1.5 billion. PayPal rose to prominence on 15 February 2002 and was purchased by eBay for $1.5 billion in October of that year. Peter remained CEO of the company until the sale. Peter’s 3.7% stake in the company was worth $55 million at the time of the acquisition. In Silicon Valley circles, Peter is colloquially referred to as the “Don of the PayPal Mafia”.
Peter Thiel Investments
– Palantir Technologies (More than 163 million shares directly, worth around $2.6 billion)
– AbCellera Biologics (More than 13 million shares, worth around $100 million)
– Meta Platforms (Less than 14,000 shares, worth around $3.7 million)
Peter Thiel Matt Danzeisen
He married Matt Danzeisen who works as a portfolio manager at Thiel Capital. The pair married in October 2017 in Vienna, Austria. Peter and his husband Matt Danzeisen have a daughter named Elanor Kristina.
Peter Thiel Social Network
In The Social Network, Peter was portrayed by Wallace Langham. Peter described the movie as “wrong on many levels”.
Peter Thiel Fellowship
On 29 September 2010, Peter founded the Thiel Fellowship, which annually awards $100,000 to 20 people under the age of 23 so as to spur them to drop out of college and form their own ventures.
Peter Thiel Facebook
In September 2010, Peter, while expressing skepticism about the potential for a rise in the consumer Internet sector, pleaded that relative to other Internet companies, Facebook (which then had a secondary market estimation of $30 billion) was comparatively underrated. Facebook’s original public offering was in May 2012, with a market cap of nearly $100 billion ($38 a share), at which time Peter marketed 16.8 million shares for $638 million.
In August 2012, instantly upon the end of the early investor lock-up period, Peter sold almost all of his remaining stake for between $19.27 and $20.69 per share, or $395.8 million, for a total of over $1 billion. Peter holds his seat on the board of directors. In 2016, Peter sold a little under 1 million of his shares for about $100 million. In November 2017, Peter sold another 160,805 shares for $29 million, putting his holdings in Facebook at 59,913 Class A shares.
By April 2020, Peter owned less than 10,000 shares on Facebook. On 7 February 2022, Peter reported that he would not stand for re-election to the board of Facebook owner Meta at the 2022 annual stockholders’ meeting and will leave following serving 17 years in order to support pro-Donald Trump candidates in the 2022 United States elections.
Peter Thiel Net Worth
Peter gets his wealth from his work as a billionaire entrepreneur, venture capitalist, and political activist who is the co-founder of PayPal, Palantir Technologies, and Founders Fund. Therefore, Peter has accumulated a decent fortune over the years. Peter’s net worth is $9.7 billion
How Old Is Peter Thiel
Peter is a 56-year-old who was born on October 11, 1967, in Frankfurt, West Germany. Peter celebrates his birthday on October 11, every year.
Is Peter Thiel Married
Yes, In October 2017, he married Matt Danzeisen portfolio manager at Thiel Capital. The two reside in the United States.
Who Is Peter Thiel
He is a German-American billionaire entrepreneur, venture capitalist, and political activist who is the co-founder of PayPal, Palantir Technologies, and Founders Fund. Peter is also working as a Managing Partner at The Founders Fund and a Member, of the Board of Directors of Facebook. He is also a Linkedin investor. Peter is also the Founder and President of Clarium Capital Management, LLC.
Peter Thiel Social Media Account
Twitter – @peterthiel