Peter Thiel

Peter Andreas Thiel (teel; born October 11, 1967) is an American entrepreneur. He helped create PayPal, Palantir Technologies and Founders Fund. In 2018, he supposedly had $2.5 billion.

Thiel was born in Frankfurt. As a baby, he moved with his family to the United States. He spent some time in Southern Africa. He studied philosophy at Stanford University, graduating with a B.A. in 1989. He then went on to the Stanford Law School and received his J.D. in 1992. He worked as a lawyer, speechwriter, and trader. He founded Thiel Capital in 1996. He co-founded PayPal in 1999. He was chief executive officer until he sold the company to eBay in 2002 for $1.5 billion.

He founded Clarium Capital, a global macro hedge fund. He launched Palantir Technologies, a big data analysis company, in 2004 and continues to serve as its chairman as of 2018. He helped create Founders Fund, a venture capital firm. 

Thiel became Facebook's first outside investor by buying 10.2% for $500,000 in August 2004. He sold the majority of his shares in Facebook for over $1 billion in 2012, but remains on the board of directors. He also co-founded Valar Ventures in 2010, co-founded Mithril Capital.

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Category:American billionaires
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