Peter Thiel Net Worth: How Much Does The Entrepreneur Make?

What Is Peter Thiel Net Worth? Peter Andreas Thiel is a well-known entrepreneur, venture capitalist, author, and philanthropist from the United States. Peter is best known as the co-founder of PayPal, an American online payment business, and the founder of Clarium Capital, American investment management and hedge fund firm. Thiel was born in Frankfurt, Germany, and raised in the United States. He began his work as a judicial clerk before founding Thiel Capital. Following that, he co-founded PayPal and served as its CEO until eBay purchased the company.

He went on to form ‘Clarium Capital’ and co-found companies such as Palantir Technologies, a private American software corporation, Founders Fund, and Valar Ventures, a venture capital firm. He also joined ‘Y Combinator,’ an American seed accelerator, and became the first outside investor in ‘Facebook.’ He co-founded the student-run journal ‘The Stanford Review’ and has given to various politicians as a conservative-libertarian. The ‘Thiel Foundation,’ which he founded, is also named after him. Learn more about Peter Thiel by reading on.

Peter Thiel Net Worth:

Peter Thiel net worth is believed to be over $7 billion. He is a German-born American entrepreneur, hedge fund manager, and venture capitalist. As a co-founder of PayPal, Peter gained his first fortune. Peter was the first outside investor in a startup called TheFaceBook.com several years later. Thiel provided Mark Zuckerberg $500,000 in exchange for a 10% ownership in the budding social network.

Zuckerberg was on sabbatical from Harvard at the time. Thiel gained a fortune from the investment. Peter still sits on the Board of Directors of Facebook, despite having sold the vast bulk of his shares shortly after the company’s IPO. Aside from Facebook, he’s put his money into a slew of other businesses, the most notable of which being Palantir.

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Peter Thiel Childhood & Early Life:

Peter Thiel was born in Frankfurt, West Germany, on October 11, 1967, parents Klaus Friedrich and Susanne Thiel. Patrick Michael Thiel, his younger brother, is his only sibling. Thiel’s family immigrated to the United States when he was a year old and resided in Cleveland. The family moved to South Africa and southwest Africa (now Namibia) as a result of his father’s work endeavors before landing in Foster City, California, in 1977. He was a chess prodigy who began playing when he was six years old. He received a high rating of 2342 from the United States Chess Federation in 1992. (USCF). The title of Life Master was bestowed to him.

In 1985, he graduated from San Mateo High School as valedictorian of his graduating class. After that, he went to Stanford University to pursue a degree in philosophy. Thiel and Norman Book launched the student-run publication ‘The Stanford Review’ to provide conservative and libertarian perspectives while at Stanford. Thiel became the newspaper’s first editor-in-chief, a post he held until 1989 when he graduated with a bachelor’s degree in arts. He went on to Stanford Law School, where he earned his Doctor of Jurisprudence degree in 1992.

Peter Thiel Philanthropic Works:

He established the ‘Thiel Foundation,’ through which he carries out the majority of his philanthropic activities. Breakout Labs, Imitatio, and Thiel Fellowship, are the foundation’s three core internal projects, which he oversees. Outside organizations are also supported by the foundation, which has invested heavily in non-profit research in fields such as seasteading, artificial intelligence, and life extension.

More About Peter Thiel:

Thiel has received numerous accolades and prizes for his contributions to technology, entrepreneurship, and finance, including the World Economic Forum’s designation of Peter as a Young Global Leader. In addition to the foregoing, Peter has been involved in a variety of humanitarian, intellectual, and cultural endeavors. Peter is a supporter of the Committee to Protect Journalists, as well as the Singularity Institute for Artificial Intelligence and the SENS Foundation, a medical charity.

Peter has taught at Stanford Law School and is still engaged at his alma mater. His Thiel Foundation, on the other hand, provides budding entrepreneurs with $100,000 over the course of two years to allow them to forego college and explore their business ideas instead. Peter holds a BA in Philosophy from Stanford University and a JD from Stanford Law School, and he encourages students to pick business over college.

Thiel was born in Germany and is a German citizen. In 1978, he became a naturalized US citizen, and in 2011, he became a citizen of New Zealand. Thiel is a homosexual. In October 2017, he married Matt Danzeisen, his longtime companion, in Vienna, Austria. He’s funded a number of homosexual rights organizations, including ‘GOProud’ and the ‘American Foundation for Equal Rights.’

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