Peter Thiel is a prominent American entrepreneur, venture capitalist, and political activist, best known as a co-founder of PayPal and the first outside investor in Facebook. A key figure in Silicon Valley, he founded the data analytics firm Palantir Technologies and the venture capital firm Founders Fund. Beyond his business success, Thiel is recognized for his contrarian philosophy, which he detailed in his book Zero to One, where he argues for the necessity of creating technological monopolies through unique innovation rather than incremental competition. He is also a notable libertarian thinker, having influenced public discourse on economic stagnation, the role of universities, and the future of technological progress. His career is marked by a distinctive blend of rigorous venture capital strategy and provocative intellectual engagement with the structural challenges facing modern society.
On 11 October 1967, Peter Andreas Thiel was born in Frankfurt am Main, Hesse, to parents Klaus Friedrich Thiel and Susanne Thiel.
In 1971, Peter Thiel's family moved to Namibia, which was under South African occupation at the time.
Following their time in Namibia, the Thiel family returned to the United States in 1977.
In 1977, after living in South Africa and South West Africa (modern-day Namibia) during the apartheid era, the Thiel family relocated and settled in Foster City, California.
In 1985, Peter Thiel achieved the academic milestone of graduating as the valedictorian of his class at San Mateo High School.
In 1987, Peter Thiel co-founded The Stanford Review, a conservative and libertarian student newspaper at Stanford University, as a response to the university replacing its Western Culture program.
In 1989, Peter Thiel concluded his term as the inaugural editor-in-chief of The Stanford Review upon his graduation from Stanford University.
In 1992, Peter Thiel successfully completed his legal studies at Stanford Law School, earning a Juris Doctor degree.
In 1992, following his graduation from Stanford Law School, Peter Thiel began a legal clerkship for Judge James Larry Edmondson at the U.S. Court of Appeals for the Eleventh Circuit.
Throughout 1993, Thiel moved away from his law firm position at Sullivan & Cromwell to begin work as a derivatives trader in currency options at Credit Suisse, while concurrently serving as a speechwriter for William Bennett.
In 1996, Peter Thiel concluded his time in New York and relocated back to California.
Peter Thiel established his own investment firm, Thiel Capital Management, in 1996.
In 1998, Peter Thiel co-founded PayPal, a major milestone in his career as an entrepreneur.
In 1998, Peter Thiel provided the initial seed funding of $100,000 for the company Fieldlink.
During February 1999, Fieldlink successfully raised $500,000 in funding primarily sourced from friends and family, including a $35,000 contribution from Peter Thiel's parents.
In 1999, Peter Thiel launched PayPal at a press conference, securing $3 million in venture capital funding from Nokia and Deutsche Bank, which was transferred via PalmPilot devices.
During 2000, PayPal expanded its market reach and improved its user interface by merging with Elon Musk's company X.com and the mobile commerce firm Pixo.
PayPal officially went public on 15 February 2002, marking a significant milestone in Peter Thiel's career as he served as CEO through the transition.
In 2002, PayPal was sold to eBay for $1.5 billion, marking the end of Thiel's tenure as chief executive officer.
In May 2003, Peter Thiel officially incorporated the data analytics company Palantir and began serving as its chairman.
In 2003, Peter Thiel founded the big data analysis company Palantir Technologies, serving as its chairman since its inception.
In 2003, Peter Thiel successfully profited from a financial bet that the United States dollar would weaken in value.
In August 2004, Peter Thiel became the first outside investor in Facebook by acquiring a 10.2% stake in the company for $500,000.
During 2004, Thiel identified a growing bubble within the financial sector, specifically warning that General Electric and Walmart were vulnerable to market corrections.
In 2004, Peter Thiel became the first outside investor in the social media company Facebook.
In 2005, Peter Thiel launched the venture capital firm Founders Fund alongside his PayPal partners Ken Howery and Luke Nosek.
In 2005, Thiel's hedge fund, Clarium Capital, achieved a significant 57.1% return following his accurate prediction that the US dollar would rally.
In 2006, Peter Thiel's firm, Clarium Capital, experienced financial difficulties, resulting in a 7.8% loss on its investments.
Following a difficult previous year, Clarium Capital achieved a 40.3% return on investment in 2007, helping the firm reach over $7 billion in assets under management by early 2008.
In 2007, Peter Thiel advised Mark Zuckerberg on the strategic timing of Facebook's Series D funding round, which successfully closed just before the onset of the 2008 financial crisis.
After reaching a peak of $7 billion in the first quarter of 2008, Clarium Capital saw its assets under management drop later in the year as global financial markets collapsed.
During the 2008 financial crisis, Facebook maintained stability due in part to the timing of its previous funding round facilitated by Peter Thiel's guidance in 2007.
The instability of the financial markets continued to negatively impact the performance and asset value of Clarium Capital throughout 2009.
In 2010, Peter Thiel co-founded the venture capital firm Valar Ventures to focus on investments outside of the United States.
By 2011, after failing to capitalize on the economic recovery, many investors left the firm, causing Clarium's assets to dwindle to $350 million, with two-thirds of that capital coming directly from Peter Thiel.
In 2011, Peter Thiel founded his investment firm Thiel Capital and was also granted citizenship in New Zealand.
In 2012, Peter Thiel co-founded Mithril Capital and served as the chair of the investment committee.
Beginning in 2015, Peter Thiel took on a role as a part-time partner at the startup accelerator Y Combinator.
In 2016, following the verdict in the Bollea v. Gawker case, Peter Thiel publicly confirmed that he had provided the financial backing for Hulk Hogan's lawsuit against Gawker Media, an action motivated in part by Gawker's prior outing of Thiel's sexual orientation.
In 2017, the details regarding Peter Thiel's 2011 acquisition of New Zealand citizenship became public, sparking controversy.
As of December 2025, Peter Thiel's estimated net worth was reported to be US$27.5 billion, ranking him among the world's 100 richest individuals.
In 2025, a paper authored by Mark Howard characterized Peter Thiel as the intellectual architect responsible for shaping the contemporary ethos of Silicon Valley.
In 2026, the House Oversight Committee released documents confirming that Peter Thiel's investment firm, Valar Ventures, received a $40 million investment from Jeffrey Epstein. Additionally, the records show that Thiel maintained a five-year correspondence with Epstein leading up to his death, with topics of discussion including Brexit.
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