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Peter Thiel Net Worth, Biography & Wiki 2017
Peter Andreas Thiel was born on 11 October 1967, in Frankfurt, (then) West Germany to German parents, and is a hedge fund manager, venture capitalist and entrepreneur, best known as a co-founder of PayPal. What is more, Peter is a co-founder of Palantir also, where he also works as the chairman. There are also many more activities and investments in which Thiel is involved.
So how rich is Peter Thiel? According to authoritative sources, Peter’s net worth now is now over $2.7 billion, as of mid-2016. As Thiel is now president of Clarium Capital and a partner in Founders Fund, there is a high possibility that Peter Thiel’s net worth will become even higher in the future.
Peter Thiel Net Worth $2.7 billion
When Peter was still very young, his family moved to the United States and settled in California. Thiel studied at Stanford University, and graduated with a BA in Philosophy in 1989, and then with a J.D. from Stanford Law School in 1992. He initially worked in the US Court of Appeals for a year, then for five years for the Credit Suisse Group trading derivatives.These positions gave him law, business and investment experience, as well as laying the foundation to his net worth.
In 1998, Peter together with Max Levchin came up with the idea of creating the on-line payments system PayPal, which quickly became really popular, and gained quite a big sum for Peter’s net worth, especially when it was ‘floated’ and then bought by eBay in 2002 for $1.5 billion.
After PayPal was sold, Peter created Clarium Capital. Later Peter also invested in Facebook and became a member of Facebook’s board. This also brought success and a boost to Peter’s net worth. In 2005 Peter together with Ken Howery, Luke Nosek ansd Sean Parker created Founders Fund. He also made investments in Bokktrack, Powerset, Vator, IronPort and many others. These all contributed considerably to the growth of Peter Thiel’s net worth. Peter’s success as venture capitalist gained him TechCrunch Crunchie Award.
Peter also has appeared on several television shows such as Squawk Box and Closing Bell where he had an opportunity to work with Kelly Evans, Bill Griffeth, Rebecca Quick, Joe Kernen and many othes. These appearances also added up to Thiel’s net worth. In addition to this, Peter also is co-autor of the book “The Diversity Myth: Multiculturalism and the Politics of Intolerance at Stanford” and the co-producer of film “Thank You for Smoking”, directed by Jason Reitman. All these activities have improved Peter Thiel’s net worth.
In his personal life, Peter Thiel is openly gay, and fiercely defends the rights of the gay community.
Peter Thiel is also busy with philanthropic activities, an has established his own foundation, Thiel Foundation. Thiel supports research for anti-aging and researchers that work in this sphere: Dr. de Grey and Cynthia Kenyon. What is more Peter created Thiel Fellowship in order to help people under 20 years of age, and give them an opportunity to create their own future.