Peter Thiel Net Worth
Peter Thiel net worth: Peter Thiel is a German-born American entrepreneur, hedge fund manager and venture capitalist who has a net worth of $2.2 billion. Throughout his professional career, Peter Thiel has been engaged with Silicon Valley's most dynamic companies. His first start-up project was PayPal, which he co-founded in 1998, and also served as its Chairman and CEO. After he sold his portion in PayPal to eBay for $1.5 billion in 2002, he personally netted $60 million from the deal. Next, Peter set the basis of Clarium Capital Management, an investment management and hedge fund company which follows a global macro strategy. He also assisted the launch of the California-headquartered analytical software company, Palantir Technologies, where he sits on the chairman board. Before teaming up with PayPal partners, Ken Howery and Luke Nosek, once again, this time for the launch of Founders Fund, Peter was an active venture capitalist funding such companies as Facebook. Actually, Peter was Facebook's first outside investor and director, and as such, he has accumulated the bulk of his net worth from this stake since 2004. 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 supporter of the Committee to Protect Journalists, Peter supports the Singularity Institute for Artificial Intelligence and the medical charity SENS Foundation, as well. What's more, Peter remains active at his alma mater, and has taught at Stanford Law School. As for his Thiel Foundation, it gives young entrepreneurs $100,000 over two years to skip college and pursue their business ideas instead. While he is encouraging students to choose business over college, Peter himself received a BA in Philosophy from Stanford University and a JD from Stanford Law School.