Thiel's fortune was seeded by investments in technology companies including Facebook and PayPal which he's leveraged into investments in hedge funds and other tech companies.
Thiel owns over 6% of Palantir Technologies, according to an analysis of its 2024 proxy filing. He's credited with shares held directly as well as those held by Thiel Capital, PLTR Holdings, STS Holdings II, Rivendell 7 and Rivendell 25 because he's the beneficial owner of these entities.
The billionaire indirectly owns stakes in various companies through his interest in venture capital firm, Founders Fund. His stake in the firm is calculated to be 42.5% based on information in the company's 2024 Form ADV filing. Its valuation assumes insiders own 24% of the $22.3 billion in assets managed across its funds. The analysis was updated on June. 27, 2024 to reflect the latest financial information.
Thiel also holds stakes in publicly traded companies outside of Founders Fund, such as Compass Pathways and AbCellera Biologics.
Thiel sold half his stake in Facebook to Digital Sky Technology in May 2009, according to 'The Facebook Effect,' a history of the early years of the company. This transaction is valued at $200 million based on private market valuations of Facebook at the time.
Thiel was a co-founder of PayPal and is estimated to have collected about $100 million in proceeds from the company's 2002 initial public offering and subsequent stock sales, according to company filings and data compiled by Bloomberg.
The value of his cash investments is valued based on proceeds from share sales, carried interest and reported data from Thiel's federal tax returns. It includes the value of his hedge funds.
Thiel didn't respond to phone and email requests for comment.
