Peter Thiel's Net Worth and Inspiring Story (2024)

He is a #1 New York Times bestselling author, a top billionaire investor, and one of the most successful entrepreneurs in the World.

Peter Thiel is an entrepreneur and investor. He co-founded PayPal, led it as CEO, and took it public. He made the first outside investment in Facebook, where he serves as a director, and was the co-founder of Palantir Technologies, where he serves as chairman.

Thiel has provided early funding for LinkedIn, Yelp, and dozens of other startups, many run by former colleagues who have been dubbed the “PayPal Mafia.”

He has co-written a business best-seller, Zero to One, and launched a hedge fund. Peter now runs three venture-capital firms.

In this article, you will find Peter Thiel’s net worth figure and how he invested his money.

Plus, find out how we can help you build your net worth for FREE.

Net worth$7 billion
Full namePeter Andreas Thiel
Date of BirthOctober 11, 1967
Place of BirthFrankfurt
GenderMale
ProfessionEntrepreneur, Investor, Founder, Venture Capitalist, Philanthropist
NationalityUnited States of America

What is Peter Thiel's net worth?

Peter Thiel's net worth is estimated to be $7 billion.

Who is Peter Thiel?

Peter Thiel's Net Worth and Inspiring Story (1)

Peter Andreas Thiel is a German-American billionaire entrepreneur, venture capitalist, and political activist. He is the co-founder of PayPal, Palantir Technologies, and Founders Fund and the first outside investor in Facebook.

He was born on October 11, 1967, in Frankfurt, West Germany, to Klaus Friedrich Thiel and Susanne Thiel.

Peter's family migrated to the U.S. when he was still one and lived in Cleveland, Ohio.

He attended Bowditch Middle School in Foster City and San Mateo High School. He went on to study philosophy at Stanford University.

Thiel served as The Stanford Review's first editor-in-chief and remained in that post until completing his Bachelor of Arts in 1989.

He went further to enroll at Stanford Law School and earned his Juris Doctor degree in 1992

How does Peter Thiel make his money?

  1. Investments and Venture Capital: Peter Thiel is an enthusiastic investor in the tech space. He has invested in companies lIke Stripe, Facebook, OpenAI, Facebook PayPal, Palantir Technologies, etc. He is a partner at Founders Fund, a Silicon Valley venture capital firm that has funded companies including SpaceX and Airbnb.
  1. Hedge Funds: He started a hedge fund, Thiel Capital, with money raised from family and friends. Then, in 1998, he met a young cryptographer, Max Levchin, and invested in his startup. In 2021, Bloomberg documented how Thiel shielded some of his money from taxation by running his investments out of a Roth individual retirement account.
  1. Startups: Peter Thiel co-founded CIA-backed big data startup Palantir, which went public in 2020.
  1. Cryptocurrency: Thiel was initially lukewarm to cryptocurrencies, displaying both skepticism and an interest in blockchain’s possibilities. Thiel has made significant investments in crypto companies, personally and through his venture capital funds, and has talked positively about the potential of blockchain technologies. “Bitcoin is the most open market in the world… It is the most efficient market,” he said at the Bitcoin 2022 conference.

Investments of Peter Thiel

Peter Thiel's Net Worth and Inspiring Story (2)

1. Technology Companies

2. Biotech Companies

3. Startups

4. Real Estate

5. Classic Cars

6. Art Pieces

7. Diamonds

8. Gold

9. Bitcoin

10. Bonds

Peter Thiel's Entrepreneurship and Investment highlights

According to an examination of Palantir Technologies' 2022 proxy statement, Thiel owns around 7% of the company. Because he is the beneficial owner of Thiel Capital, PLTR Holdings, PT Ventures, STS Holdings II, Rivendell 7, and Rivendell 25, he is credited with shares held directly those held by these businesses.

The billionaire indirectly holds holdings in several companies through his investment in the venture capital firm Founders Fund. Based on information in the company's 2022 Form ADV filing, his ownership in the company is calculated to be 42.5%. According to its assessment, insiders own 22% of the $32.5 billion in assets managed across its funds.

Thiel invests in publicly traded firms outside the Founders Fund, such as Compass Pathways and AbCellera Biologics.

In 2002, PayPal sold shares in a public offering at $13 a share, and eBay acquired PayPal for $1.5 billion. In 2004, with Dr. Alexander Karp, he founded Palantir Technologies Inc.

Peter also loaned Mark Zuckerberg $500,000 and later converted it into an equity stake in Facebook.

In 2015, Palantir was valued at $20 billion in a $680 million fundraising round. In 2016, he joined the transition team of President-Elect Donald Trump.

Peter Thiel's Net Worth and Inspiring Story (3)

FAQ

How much is Peter Thiel's net worth?

Peter Thiel's net worth is estimated to be $7 billion.

What companies has Peter Thiel invested in?

Peter Thiel has invested in Facebook, Founders Fund, Mithril Capital Management, Stripe, LinkedIn, and Zynga.

What is Thiel Capital?

Thiel Capital is an investment firm founded by Peter Thiel. Located in West Hollywood, California, Thiel Capital provides strategic and operational support for Peter's many investment initiatives and entrepreneurial endeavors.

What investments has Peter Thiel made in Silicon Valley?

He is a partner at Founders Fund, a Silicon Valley venture capital firm that has funded companies including SpaceX and Airbnb.

How has Peter Thiel invested in Africa?

Peter Thiel's Net Worth and Inspiring Story (4)

Peter Thiel is zealous about widening the scope of his investment in technology beyond the borders of America. Recently, the PayPal cofounder led a $6 million seed investment in a Nigerian startup, Maplerad.

He did the same in North Africa, leading a $20 million seed funding effort for a commission-free investment platform, Baraka.

What is the Thiel Fellowship?

Founded in 2011 by technology entrepreneur and investor Peter Thiel, the Thiel Fellowship is a two-year program for young people who want to build new things. Thiel Fellows skip or stop out of college to receive a $100,000 grant and support from the Thiel Foundation's network of founders, investors, and scientists.

What is Peter Thiel's philanthropic activity?

Thiel concentrates the bulk of his philanthropic efforts on what he sees as potential breakthrough technologies.

He believes that society should be built on a technological revolution. Thiel was frustrated by a de-prioritization of scientific progress in different sectors of the world economy. So, he established the Thiel Foundation.

The Foundation focused on three ventures: Imitatio, Breakout Labs, and the Thiel Fellowship. Its investments were often controversial, which Thiel welcomed.

What's the title of Peter Thiel's book?

He is a New York Times bestselling author for his 2014 book Zero to One: Notes on Startup or How to Build the Future.

Peter Thiel's Net Worth and Inspiring Story (5)

What is Peter Thiel's relationship with Donald Trump?

Thiel supported Donald Trump’s presidential campaign and later served on his transition team.

Takeaway

Peter Thiel once said "The most valuable businesses of the coming decades will be built by entrepreneurs who seek to empower people rather than try to make them obsolete."

The question is, are you willing to empower people with the value you have?

Thiel reiterated that, “You should focus relentlessly on something you’re good at doing, but before that you must think hard about whether it will be valuable in the future.”

If Peter Thiel's wealth inspires you to get out of your comfort zone and build something of your own that makes the world a better place while also creating generational wealth, you’re in the right place.

Peter Thiel's Net Worth and Inspiring Story (6)

We’re a wealth education company. We teach people how to find their own freedom so they can be their best selves.

In fact, we’re on a mission to make one million new millionaires by 2028. We’d love YOU to be on that list.

That’s why we made this FREE course that will help you grow your own net worth, starting wherever you are right now. Join us and let's get started!

Peter Thiel's Net Worth and Inspiring Story (2024)

FAQs

Peter Thiel's Net Worth and Inspiring Story? ›

About Peter Thiel

How did Peter Thiel make all his money? ›

In 2002 eBay acquired PayPal for $1.5 billion. The transaction made Thiel a multimillionaire, and he subsequently invested in a number of start-ups, notably Facebook (2004), an online social networking service. He also established the hedge fund Clarium Capital Management.

What does Peter Thiel believe in? ›

Since the late 2010s, he has espoused support for national conservatism, and criticized economically liberal attitudes towards free trade and big tech. In 1995, Thiel and David O. Sacks published The Diversity Myth, a book that criticized political correctness and multiculturalism in higher education.

How much money did Peter Thiel start with? ›

The most notable example of this is co-founder of PayPal and venture capitalist icon Peter Thiel—who managed to grow his Roth IRA from a mere $2,000 in 1999 to a staggering $5 billion tax-free fortune today.

Is Peter Thiel's net worth? ›

How did Peter Thiel avoid taxes? ›

Because the shares were in a Roth, he had no tax bill when he sold them, saving him millions. Suddenly, Thiel had an advantage few investors could claim: His own personal investment bank that wasn't subject to taxation. He could now use the cash inside the Roth to buy and sell nearly any investment he wanted.

Does Peter Thiel own Bitcoin? ›

According to American entrepreneur, venture capitalist, and political activist Peter Thiel, he still holds bitcoin (BTC) but is uncertain about the future value of the cryptocurrency.

What did Peter Thiel call Warren Buffett? ›

In a recent interview at the Aspen Institute Festival, billionaire investor Peter Thiel opened up about his controversial comment where he labeled Warren Buffett as a “sociopathic grandpa from Omaha." He made the comment in 2022, and it certainly raised some eyebrows at the time as Buffett is highly regarded in the ...

What is the Thiel's law? ›

Thiel's law”: a startup messed up at its foundation cannot be fixed.

Is Thiel a religious school? ›

Thiel College is affiliated with The Evangelical Lutheran Church in America, which is one of the largest Christian denominations in the United States.

Do billionaires use Roth IRA? ›

I know you're shocked to be reading that the tax code is being exploited by some gazillionaire to avoid paying their fair share. But let's look at how a Roth IRA has turned into the go-to vehicle for sheltering billionaires' billions in appreciation.

What stock does Peter Thiel own? ›

Palantir Technologies

How much did Peter Thiel put into Facebook? ›

Amount Invested: Thiel invested $500,000 in Facebook in 2004.

Is Peter Thiel invested in Tesla? ›

Thiel's Investment In Musk's Companies: While Thiel's The Founders Fund is a backer of Musk's SpaceX, he has no investment in Musk's publicly-listed EV company Tesla. Talking about his decision to not invest in Tesla, Thiel said that he tends not to invest in public companies and Tesla went public way early in 2010.

Is Peter Thiel religious? ›

He's an investor who found wealth in PayPal, a student who found wisdom in Libertarian ideals, and a philosopher who found faith in the resurrection of Jesus Christ. Thiel was raised as an Evangelical and inherited the Christianity of his parents.

How much Palantir stock does Peter Thiel own? ›

Thiel vehicles also own 32.5 million supervoting Class B Palantir shares, and as a Palantir co-founder Thiel has sole investment power over 335,000 Class F shares held in the Founder Voting Trust. Palantir's publicly traded shares each carry one vote, and Class B shares each carry 10 votes.

Why was Peter Thiel successful? ›

Thiel's success with PayPal led him to become a prominent figure in the tech industry. He went on to invest in several successful startups, including Facebook, where he was the first outside investor.

How much money did Peter Thiel make from Facebook? ›

Amount Invested: Thiel invested $500,000 in Facebook in 2004. Amount Returned: It's reported that Thiel sold shares worth over $1 billion after Facebook's IPO in 2012. Investment Duration: The investment was made in 2004 and the major return was realized in 2012, which is an 8-year period.

What percentage of palantir does Peter Thiel own? ›

Peter Thiel is the director & 10 percent owner of Palantir Technologies Inc. Other key executives at Palantir Technologies Inc include See Remarks Heather A. Planishek , director & Chief Executive Officer Alexander C. Karp , and Chief Operating Officer & EVP Shyam Sankar .

Who has the most money in a Roth IRA? ›

The account jumped more than $3 billion in value in just three years, even though Thiel did not contribute money to his Roth after 1999, ProPublica found. It had reached $5 billion at the end of 2019. Thiel, 53, need only wait until he turns 59½ to withdraw any of his Roth account balance completely tax-free.

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