Premise: Peter Andreas Thiel ( ; born October 11, 1967) is an American entrepreneur, venture capitalist, philanthropist, political activist, and author. He was ranked No. 4 on the "Forbes" Midas List of 2014, with a net worth of $2.2 billion, and No. 246 on the "Forbes" 400 in 2016, with a net worth of $2.7 billion.
Hypothesis: Forbes magazine is no longer in business.