He co-founded PayPal with Max Levchin and Luke Nosek in 1998, serving as chief executive officer until its sale to eBay in 2002 for $1.5 billion.Īfter PayPal, he founded Clarium Capital, a global macro hedge fund based in San Francisco. He founded Thiel Capital Management in 1996.
Secretary of Education William Bennett and as a derivatives trader at Credit Suisse. He worked as a securities lawyer at Sullivan & Cromwell, as a speechwriter for former U.S. As of May 2022, Thiel had an estimated net worth of $7.19 billion and was ranked 297th on the Bloomberg Billionaires Index. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook.
Peter Andreas Thiel ( / t iː l/ born 11 October 1967) is a German-American billionaire entrepreneur, venture capitalist, and political activist.
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