Peter Thiel And His Family
Peter Thiel was born on October 11, 1967, to parents Klaus Friedrich Thiel and Susanne in Frankfurt, West Germany. His younger sibling is Patrick Michael Thiel.
Peter Thiel family immigrated to the US and lived in Cleveland when he was a year old. The family moved to South Africa and South West Africa (now Namibia) as a result of his father’s work endeavours before landing in Foster City, California, in 1977.
Age, Physical Appearance, and Height
Peter Thiel was born on 11 October 1967, and according to the calculation, his current age is 54 years.
Lets Talk about his Height, Weight Physical Status as the main things for the Industry. Fans also attract the Height, Weight Physical Status of Peter Thiel is 195 cm and 1.95 m and feet inches- 6′5″. His weight is in kilograms- 79 kg. Weight.
Peter Thiel has a Waist Size of 30 Inches and a chest of 38 Inches, And biceps of 12 Inches. he has Black color hair and Black color eyes. Besides this, he is wearing shoe size 11.
Peter Thiel attended San Mateo High School, where he graduated in 1985 as the class valedictorian. Later, he enrolled at Stanford University to pursue a philosophy degree. Thiel and Norman Book established the student-run publication “The Stanford Review” at Stanford in order to present conservative and libertarian perspectives. Thiel became the first editor-in-chief of the paper and held the role up until 1989, when he received his Bachelor of Arts.
Thiel is a German citizen by birth. In 1978, he acquired US citizenship through naturalisation; in 2011, he attained New Zealand citizenship.
Gay Thiel is. In October 2017, he wed Matt Danzeisen, his longtime companion, in Vienna, Austria. He has supported a variety of homosexual rights organisations, including “GOProud” and “American Foundation for Equal Rights.”
Peter Thiel began working as Judge James Larry Edmondson’s judicial clerk after completing his J.D. After that, he worked as a securities lawyer for around seven months at the New York office of the global law firm Sullivan & Cromwell.
Peter Thiel started working at Credit Suisse as a currency options derivatives trader in 1993. He also wrote speeches for William Bennett, a former secretary of education for the United States.
Peter Thiel established “Thiel Capital Management” after moving back to California in 1996.
In Silicon Valley, he co-founded the American software company “Confinity Inc.” in December 1998 with Luke Nosek and Max Levchin. The business started off as a cryptography and Palm Pilot payments startup.
Thiel wanted to build a digital wallet, and this idea eventually inspired Confinity to introduce “PayPal” in 1999. As an electronic substitute for traditional payment methods like checks and money orders, PayPal facilitates online money transfers. Representatives from Deutsche Bank and Nokia sent Thiel $3 million in venture capital during the launch of PayPal using PayPal on their PalmPilot devices.
With time and the help of acquisitions like X.com and Pixo, PayPal grew into the wireless phone market. The business went public on February 15, 2002, and in October of that same year, it was sold to eBay for $1.5 billion. After the sale, Thiel, who owned 3.7% of the firm, resigned as CEO.
Peter Thiel founded Clarium Capital Management LLC, a global macro hedge fund, in San Francisco in 2002. In 2008, the company’s assets under management increased to $8 billion. However, due to a number of unsuccessful investments and client redemptions, as of 2011, its assets had decreased to $300–400 million.
In May 2003, he co-founded the software business Palantir Technologies. The Palo Alto, California-based business that specialises in big data analytics has Thiel as its chairman. Palantir saw consistent growth and was valued at $20 billion by the end of 2015. In 2018, Morgan Stanley put a $6 billion value on it.
In August 2004, he invested $500,000 as an angel investor to acquire a 10.2% share in Facebook, making him the company’s first outside investor. He joined the Facebook board of directors as well. When Facebook held its IPO in May 2012, he sold 16.8 million shares for a total of $638 million. He eventually sold a sizable chunk of his Facebook shares. He continues to serve on the corporation’s board of directors.
Peter Thiel co-founded the San Francisco-based venture capital firm “Founders Fund” in July 2005. The company makes investments in businesses creating ground-breaking technologies. Thiel has personally invested in a variety of start-up companies.
Along with James Fitzgerald and Andrew McCormack, he established the venture capital firm known as “Valar Ventures.” The business that made the initial investment in Xero through a venture fund in October 2010 has Thiel as its chairman.
Along with co-founding Mithril Capital Management in June 2012, he serves as the chairman of its investment committee.
From 2015 to 2017, Thiel was a partner in the American seed accelerator “Y Combinator.”
Peter Thiel is a libertarian who has been generously supporting Republican and Libertarian causes as a committed Republican Party member.
He supported Meg Whitman in the 2010 California governor’s race and Ron Paul for president in 2012. After Paul failed to win the Republican Party’s presidential nomination in 2012, Thiel donated to the Mitt Romney/Paul Ryan ticket in 2012. Thiel had previously endorsed Ron Paul for president in December 2007.
He contributed $1.25 million to Donald Trump’s 2016 presidential campaign in support of the latter. Thiel was a member of the Trump transition team’s executive committee after Trump’s election.
Along with these lawmakers, Thiel has given money to Sen. Lamar Alexander, Ryan Brumberg, Rep. Mike Coffman, and Douglas Forrester.
He is a member of the Bilderberg Group’s Steering Committee.
He established the “Thiel Foundation,” through which he carries out the majority of his charitable endeavours. He oversees Breakout Labs, Imitatio, and Thiel Fellowship, the three major internal initiatives of the organisation. The foundation also lends support to outside organisations and has contributed significantly to non-profit research in the fields of life extension, artificial intelligence, and seasteading.
He has occasionally provided commentary for CNBC and appeared in shows including “Squawk Box” and “Closing Bell.”
The Diversity Myth: Multiculturalism and the Politics of Intolerance at Stanford is a book co-written by Thiel and David O. Sacks. The book “Zero to One,” written by Thiel and Blake Masters, was published in September 2014. Additionally, Thiel has written for publications such as Policy Review, Forbes, First Things, and The Wall Street Journal.
The commercially successful 2005 satirical comedy movie “Thank You for Smoking” listed him as a co-producer.
American businessman, hedge fund manager, and venture capitalist Peter Thiel was born in Germany and has a $7 billion net worth. Peter co-founded PayPal, which is how he first became wealthy. Later on, when the business was still known as TheFacebook.com, he was the first outside investor. In exchange for a 10% share in the fledgling social network, Thiel handed Mark Zuckerberg $500,000 and a leave of absence from his sophomore year at Harvard.
Thiel gained a fortune from the investment. He still serves on Facebook’s Board of Directors despite having sold the vast bulk of his shares pretty quickly after the company’s IPO. He has invested his riches in dozens of other ventures besides Facebook, most notably the firm Palantir.
He co-founded Founders Fund, Palantir Technologies, and PayPal, and he also invested in Facebook as the company’s first outsider. Thiel placed 297th on the Bloomberg Billionaires Index as of May 2022 with an estimated net worth of $7.19 billion.
The German-American billionaire Peter Thiel, who made his fortune as a co-founder of PayPal and other tech companies, receives the Frank Schirrmacher Prize in 2021. The award ceremony is held on October 7 at the Frankfurter Allgemeine Zeitung offices in Berlin (FAZ).