Peter Thiel Net Worth

Peter Thiel Net Worth is
$2.2 Billion

Peter Thiel Bio/Wiki, Net Worth, Married 2018

Peter Andreas Thiel (created October 11, 1967) is an American entrepreneur, venture capitalist, and hedge fund manager. He also cofounded Palantir, of which he’s chairman. Thiel was rated #293 on the Forbes400 in 2011, with a net worth of $1.5billion as of March2012. He was rated #4 on the Forbes Midas List of 2014 at $2.2 billion. Thiel lives in San Francisco, California.

Promptly after selling PayPal, Thiel established a global macro hedge fund, Clarium Capital, pursuing a worldwide macro strategy. Thiel’s strategy to investing became the topic of a chapter in Steve Drobny’s novel, In the House of Cash. Thiel successfully wager the U.S. dollar would weaken in 2003, and obtained substantial yields wagering that the dollar and energy would rally in 2005. After considerable losses beginning in 2009, Clarium fell from $7 billion in assets in 2008 to around $350 million in 2011. In 2004, well ahead of the fiscal disaster of 2007–2010 bore him out in general terms, Thiel spoke of the dot-com bubble of 2000 having migrated, in effect, into an increasing bubble in the fiscal sector. He established General Electric, using its substantial lending arm, and WalMart as exposed. To exemplify, in 2004, he reported having backed away from purchasing Martha Stewart’s Manhattan duplex for $7 million in the winter of 2003-2004. While the flat did sell in 2004 for $6.65 million to another buyer, it was on the marketplace but unsold in early 2010 at $15.9 million, and afterwards at the reduced cost of $13.9 million.

Peter Thiel Net Worth $1.5 Billion Dollars



Known for movies