Peter Thiel | |
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Thiel speaking in Berlin, March 2014
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Born |
Peter Andreas Thiel October 11, 1967 Frankfurt, West Germany (now Germany) |
Education | B.A. (1989), J.D. (1992) |
Alma mater | Stanford University |
Occupation |
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Net worth | US$2.7 billion (2016) |
Political party |
Libertarian (Before 2016) Republican (2016–present) |
Peter Thiel | |
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Title | Life Master |
FIDE rating | 2199 (November 2016) |
Peak rating | 2342 (December 1992) |
Peter Andreas Thiel (/ˈtiːl/; born October 11, 1967) is a German-American-New Zealand entrepreneur, hedge fund manager, venture capitalist, philanthropist, political activist, and author. Referred to as the "Don of the PayPal Mafia", Thiel 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.
Born in Frankfurt, Thiel moved with his family to the United States as an infant. He spent a portion of his upbringing in Africa before returning to the U.S., where he attended San Mateo High School. 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. After graduation, he worked as a judicial clerk for Judge James Larry Edmondson, a securities lawyer for Sullivan & Cromwell, a speechwriter for former-U.S. Secretary of Education William Bennett and as a derivatives trader at Credit Suisse prior to founding Thiel Capital in 1996. He then co-founded PayPal in 1999, and served as chief executive officer until its sale to eBay in 2002 for $1.5 billion.