Peter Andreas Thiel (born 1967) is an American entrepreneur, hedge fund manager, libertarian and venture capitalist. With Max Levchin, Thiel co-founded Paypal and was its CEO.
He currently serves as president of Clarium Capital, a global macro hedge fund with more than $1 billion in assets under management, and a managing partner in The Founders Fund, a $275 million venture capital fund in 2005.
He was an early investor in Facebook, the popular social-networking site, and sits on the company’s board of directors.
After co-founding PayPal, Thiel took the company public on Feb. 15, 2002, and sold it to eBay for USD 1.5 billion later that year. His 3.7 percent stake in PayPal was worth approximately $55 million at the time of the acquisition.
Thiel was ranked #293 on the Forbes 400 in 2011.
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