Peter Thiel

Peter Thiel: Biography in Details

Who is Peter Thiel?

Peter Thiel aka Peter Andreas Thiel is a popular German-American political activist, venture capitalist, and billionaire entrepreneur.

He is a co-founder of PayPal and president of Clarium Capital. Similarly, Thiel is the managing partner at ‘The Founders Fund.’

Peter Thiel- Age, Parents, Siblings, Ethnicity, Education

The billionaire entrepreneur was born on 11 October 1967 in Frankfurt, West Germany. So, he holds German, as well as the U.S., petitioned for New Zealand Citizenship.

Similarly, Peter Thiel maintains European ethnicity. He was born to his father, Klaus Friedrich Thiel, and mother, Susanne. He also has a younger brother named, Patrick Michael Thiel.

Early Life

His family shifted to the US and settled in Cleveland and in 1977 they settled down in Foster City, California. Being a chess prodigy, he began playing it at the age of six.

Education

As per his academics, becoming a good student at San Mateo High School he graduated in 1985 before attending Stanford University where he studied philosophy.

During his time at Stanford, Peter Thiel co-founded the student-run newspaper, ‘The Stanford Review,’ where he discusses conservative and libertarian viewpoints.

Peter Thiel- Professional Life, Careers

After graduation, Peter began to work for Judge James Larry Edmondson as a judicial clerk. Shortly after, he served as a securities lawyer for around seven months for the international law firm Sullivan & Cromwell in New York.

After returning to California in 1996, he started his own, ‘Thiel Capital Management.’ Thereafter, he co-founded the American software company, ‘Confinity Inc.,’  along with uke Nosek and Max Levchin.

In 1999, Thiel launched, ‘PayPal‘, which is an effective medium for the online transfer of money and can be used as a mode of payment like cheques, and money orders. Later, the company was purchased by eBay for, $1.5 billion in October 2002.

The following year, he founded the company, ‘Clarium Capital Management LLC,’. Next year, he established a software company, ‘Palantir Technologies,’ and was chairman of the following company too.

Making an angel investment of $500,000 in Facebook for a 10.2% stake, Thiel became the first outside Facebook investor. Later, he sold his Facebook shares for under $638 million in May 2012.

Moving on, Peter Thiel was the co-founder of a venture capital firm, ‘Founders Fund,’ which aims to invest in companies building revolutionary technologies

Political Career

Apart from being a successful businessman, Peter has also tried his luck in the political field. He has made his contribution to different Libertarian and Republican causes.

Before his contribution to the John McCain 2008 presidential campaign, he endorsed Ron Paul for President in December 2007.

While supporting Donald Trump in the 2016 presidential campaign, he donated $1.25 million to it. Fortunately, Trump won after which Thiel was a member of the executive committee of the Trump transition team.

Furthermore, Peter Thiel has supported other politicians like Sen. Lamar Alexander, Ryan Brumberg, Rep. Mike Coffman, Douglas Forrester, and others.

Peter Thiel- Net worth, Salary

Being a billionaire, Peter has an estimated net worth of around 4.2 billion USD as of 2022.

Peter Thiel has contributed to various firms and organizations. Among them, he owns 10% of Palantir Technologies and about 130,670,931 shares of Palantir Technologies Inc (PLTR).

Addin more, he serves as the director for AbCellera Biologics Inc and has 14,360,427 shares worth over $192 Million at AbCellera Biologics Inc (ABCL).

However, Peter began his first fortune being the co-founder of PayPal.

Peter Thiel- Rumors, Controversy

Peter Thiel’s ‘anti-woke’ bank is in the phase of downfall after three months of its discovery. It was started with the aim to

The startup aimed to appeal to the disenfranchised with what some regarded as “liberal” Wall Street, pitching “plumbers, electricians, and police officers” as their target demographic.

Body Features- Height, Weight

Peter Thiel has not disclosed his height, weight, hips, waist, or chest measurements on the internet. He has always been private about his personal life, which is why he has never divulged his dress or shoe size in the public.

There is no information available concerning his physical dimensions. In terms of appearance, he has a white complexion, black hair, and blue eyes. He also has a powerful figure and an appealing attitude.

Social Media

The millionaire investor Peter Thiel is pretty active on social media platforms. There is an Instagram account, @peterthiel01, under his name, which is followed by more than 1.3k followers.

On the other hand, he joined Twitter on June 2009 and has racked up over 322.6k followers.

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