⬅ # 410 Arthur Dantchik|# 412 Alexei Kuzmichev

# 411 Peter Thiel 

$6.86B

Real Time Net Worth
as of 6/14/2024
$40.9M (0.60%)

# 411 Peter Thiel 

$6.86B

Real Time Net Worth
as of 6/14/2024
$40.9M (0.60%)
OccupationGeneral Partner, Founders Fund
Source of WealthFacebook, Investments
Age56
ResidenceLos Angeles, California
Marital StatusMarried
Children1
EducationBS, Stanford University; JD, Stanford University
Age-Adjusted Net Worth$8.99B
Peter Thiel
Peter Thiel
United States
Net worth: $6.86B

Self-Made Score 

Wealth History

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Biography

Early Life and Education

Born on October 11, 1967, in Frankfurt am Main, West Germany.
Emigrated to the United States at age one, settling in Cleveland, Ohio.
Attended multiple elementary schools due to frequent family moves.
Excelled in mathematics, becoming valedictorian at San Mateo High School in 1985.
Studied philosophy at Stanford University, where he co-founded The Stanford Review in 1987.

Career Beginnings

Earned Juris Doctor degree from Stanford Law School in 1992.
Worked as a securities lawyer at Sullivan & Cromwell and later as a derivatives trader at Credit Suisse.
Founded Thiel Capital Management in 1996, focusing on venture capital investments.
Co-founded PayPal in 1998 with Max Levchin and Luke Nosek, serving as CEO until its sale to eBay in 2002.
Launched Clarium Capital, a global macro hedge fund, after PayPal's acquisition.

Venture Capital and Investments

Founded Palantir Technologies in 2003, a big data analysis company, and continues to serve as chairman.
Became an early investor in Facebook in 2004, acquiring a 10.2% stake for $500,000.
Co-founded Founders Fund in 2005, a venture capital firm involved in numerous successful investments.
Involved in various other ventures including Valar Ventures, Mithril Capital, and Y Combinator.
Made successful investments in companies like SpaceX, Stripe, and Airbnb.

Philanthropy and Activism

Supports young entrepreneurs through the Thiel Foundation, funding research in artificial intelligence and life extension.
Controversially obtained New Zealand citizenship in 2011 and supports conservative causes and candidates.
Funded lawsuits against Gawker Media, advocating for privacy rights and opposing media intrusion.
Active in political activism, particularly in support of libertarian and conservative ideals.
Advocates for individualism and limited government intervention.

Personal Interests

Avid fan of science fiction, particularly works by Isaac Asimov, Robert A. Heinlein, and J. R. R. Tolkien.
Named several companies after elements from J. R. R. Tolkien's fictional universe.
Expresses libertarian and conservative views, emphasizing individual freedom and limited government intervention.
Maintains a diverse portfolio of interests spanning technology, literature, and political philosophy.

How long would it take you to become as rich as Peter Thiel?

If you started with $10,000 and invested an additional $500 each month at a 43.94% CAGR, it would take you 5 years to reach Peter Thiel's net worth of $6.86B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 43.45% compared to 12.43% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Peter Thiel is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Peter Thiel, Facebook and Investments are the primary sources. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey