Leaving Peter Thiel's professional success aside, we're here today to discuss his personal life. However, he likely shares the wealth of his billionaire husband, which makes his potential net worth somewhere in the realm of $2.6 billion. She is the daughter of Andrew Allo and Sue Adams and grew up with five siblings. [169] He had received permanent residency in New Zealand in 2007. It wears out. Matt Danzeisen is the partner of famous American entrepreneur, venture capitalist and author Peter Andreas Thiel. [188] The book is critical of political correctness and multiculturalism in higher education and alleges that it has diluted academic rigor. In the meantime, Thiel is planning a party. The event took many of the attendees by surprise. You can run out of it. [186], In a 2015 conversation with Tyler Cowen, Thiel claimed that innovative breakthroughs were happening in computing/IT and not the physical world. Kenyans Share Hilarious Memes, Frustrations as KPLC Announces Nationwide Power B Rachel Ruto Appeals to Kenyans to Be Patient with Husband William: "Serikali ni Mzuri", Linet Toto's Dowry: 7 Delectable Photos from MP's Negotiation Ceremony, Kenyans Share Hilarious Memes, Frustrations as KPLC Announces Nationwide Power Blackout, UN development chief sounds alarm over debt distress, Who is Alexis Roderick? Interestingly, everyone in attendance was taken aback by their marriage because they had assumed they had come to celebrate Thiel's 50th birthday. [193][194][195] (Thiel would later go on to endorse Masters' campaign in the 2022 United States Senate election in Arizona and spend more than $10 million in its support. His net worth is estimated to be over $1 million, and he shares the wealth of his famous husband, estimated to be $2.6 billion. [166], Jonas Lscher stated in an interview with Basellandschaftliche Zeitung that he based the character Tobias Erkner in his novel Kraft ("Force") on Thiel. Alex Kompo: Former Siesta Key star's life and latest updates. "[83] In response to criticism that his funding of lawsuits against Gawker could restrict the freedom of the press, Thiel cited his donations to the Committee to Protect Journalists and stated, "I refuse to believe that journalism means massive privacy violations. Peter was Facebook's first outside investor and co-founder of PayPal, Palantir . Who Is Peter Thiel's Husband? When did Matt and his wife the knot? The family moved to Cleveland, Ohio when Peter was an infant, and there his father worked as a chemical engineer. Simon & Schuster. [57], Facebook's initial public offering was in May 2012, with a market cap of nearly $100 billion ($38 a share), at which time Thiel sold 16.8 million shares for $638 million. Kirkpatrick, David (8 June 2010). Photographer: Eva Marie Uzcategui/Bloomberg. He founded Thiel Capital Management in 1996. [163] He described the film as "wrong on many levels". New York CNN Business . But Masters,. They also share such assets as Peters mansion in Hawaii valued at more than $27 million, and mansion valued at over $11 million in Los Angeles, California, among others. Peter Thiel holds hundred dollars bills as he speaks during the Bitcoin 2022 conference in Miami on April 7, 2022. ", "Peter Thiel's resume includes PayPal, Facebook and supporting Trump. Get the news that matters from one of the leading news sites in Kenya. : The Left's Plan to Turn Our Country Into a Third World Hellhole. The firm is located in West Hollywood, California. [103], In 2012, Thiel, along with Nosek and Scott Banister, put their support behind the Endorse Liberty Super PAC. On the other hand, his husband, Peter Thiel, has a net worth of $7.24 billion and ranks at Top 400 billionaires of the United States as of 2021. All About Matt Danzeisen Peter Thiel, in full Peter Andreas Thiel, (born October 11, 1967, Frankfurt am Main, West Germany), German American entrepreneur and business executive who helped found PayPal, an e-commerce company, and Palantir Technologies, a software firm involved in data analysis. Adam Grant does a masterful job showing that is not the case; we are lucky to have him as a guide." Sheryl Sandberg: "Originals is one of the most important and captivating books I have ever read, full of surprising and powerful ideas. His family relocated to America when he was a young boy. The couple also has a baby daughter. [1][2][3][4] A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. Thiel stated that Gawker articles about others, including his friends, had "ruined people's lives for no reason," and said, "It's less about revenge and more about specific deterrence. [118], In December 2015, OpenAI announced that Thiel was one of their financial backers, a nonprofit company aimed at the safe development of artificial general intelligence. Billing; Cancel Subscription; Delete Account; Edit Account; Support; Get The Latest News MSM . Matt Danzeisen is the husband of Peter Thiel, American entrepreneur and billionaire co-founder of PayPal. Surprisingly, Peter was the first Facebook outside investor. DeAnna was also connected to people in the U.S. government. He also stated that, after the September 11 attacks, the debate in the United States was "will we have more security with less privacy or less security with more privacy?". Matt Danzeisen was born in the United States, and is known all over the world for being the husband of American entrepreneur and billionaire Peter Thiel, the co-founder of PayPal. Currently, it is reported that the married couple, Peter and Matt, are happily living in Foster City. Matt Danzeisen's net worth and assets are estimated conservatively at over $1 million, which he earned on his own throughout his business career. Peter Theil co-authored the book The Diversity Myth: Multiculturalism And The Politics Of Intolerance At Stanford (1995), with Elizabeth Fox-Genovese and David O. Sacks. They use inflation and sometimes wholesale currency devaluations, like we saw in Russia and several Southeast Asian countries last year [referring to the 1998 Russian and 1997 Asian financial crisis], to take wealth away from their citizens. I think eccentric is always better than evil". He contributed the maximum allowable $25,900 to the Whitman campaign. In addition, Matt sits on the FinTech space board. Unfortunately, they have shielded her from the public eye, so there is hardly any information about her online. Thiel served as the first editor-in-chief of The Stanford Review and remained in that position until completing his Bachelor of Arts in 1989. Thiel has cut a check of just over $10 million to an outside group backing J.D. P aypal cofounder Peter Thiel is famous for destroying media outlets, not paying taxes, and being a conservative tech billionaire. Everyone in the world needs moneyto get paid, to trade, to live. Thiel viewed PayPal's mission as liberating people from the erosion of the value of their currencies due to inflation. The biography of Billy Joel's wife, Where is Marie-anne Thibaud now? [172] Rod Drury, founder of Xero, also provided a formal reference for Thiel's application. [117][118][119] At the 2009 Singularity Summit, he said his greatest concern is the technological singularity not arriving soon enough. They are mainly interested in his success. These days, most people aren't worried about Thiels lifestyle. In 2005, Clarium saw a 57.1% return[44] as Thiel predicted that the dollar would rally. [27], Thiel enrolled in Stanford Law School and earned his Juris Doctor degree in 1992. Venture capitalist Peter Thiel is planning to reach 120 in age and is on a special diet to make it happen. Most of this increase in the value of the Roth was due to him re-investing his PayPal proceeds into companies like Palantir and Facebook which grew quickly after his investment. Girard, a Catholic, explained the role of sacrifice and the scapegoat mechanism in resolving social conflict, which appealed to Thiel as it offered a basis for his Christian faith without the fundamentalism of his parents. Matt is an American financial expert. [65], In addition to Facebook, Thiel made early-stage investments in numerous startups (personally or through Founders Fund), including Airbnb,[23] Slide.com,[66] LinkedIn,[23] Friendster,[67] RapLeaf, Geni.com, Yammer, Yelp Inc., Spotify,[23] Powerset, Practice Fusion, MetaMed, Vator, SpaceX,[23] Palantir Technologies, IronPort, Votizen, Asana, Big Think, CapLinked, Quora, Nanotronics Imaging, Rypple, TransferWise, Stripe, Block.one,[68] and AltSchool. About Peter Thiel. As I've said before, I wish I'd never written those things. Thiel is an occasional commentator on CNBC, having appeared on both Closing Bell with Kelly Evans, and Squawk Box with Becky Quick. In July 2012, Thiel made a $1 million donation to the Club for Growth, a fiscally conservative 501(c)(4) organization, becoming the group's largest contributor. Peter Thiel, in full Peter Andreas Thiel, (born October 11, 1967, Frankfurt am Main, West Germany), German American entrepreneur and business executive who helped found PayPal, an e-commerce company, and Palantir Technologies, a software firm involved in data analysis. In the future, when we make our service available outside the U.S. and as Internet penetration continues to expand to all economic tiers of people, PayPal will give citizens worldwide more direct control over their currencies than they ever had before. Thiel wanted to create a type of digital wallet for consumer convenience and security by encrypting data on digital devices, and in 1999 Confinity launched PayPal.[37]. Before fame, Matt worked as a portfolio manager at BlackRock and Bank of America Securities. He is the husband of venture capitalist and entrepreneur Peter Andreas Thiel. And it was a very reasonable valuation. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Type above and press Enter to search. [175] In 2015, he purchased a 193-hectare estate near Wnaka, which fitted the classification of "sensitive land" and required foreign buyers to obtain permission from New Zealand's Overseas Investment Office. ", "Ten Lessons from Peter Thiel's Class On Startups", "Notes Essays Peter Thiel's CS183: Startup Stanford, Spring 2012", "Peter Thiel makes $10M bet on associate in Arizona Senate race", "Peter Thiel's Zero to One Might Be the Best Business Book I've Read", https://en.wikipedia.org/w/index.php?title=Peter_Thiel&oldid=1136557317, Businesspeople from the San Francisco Bay Area, Members of the Steering Committee of the Bilderberg Group, People with acquired New Zealand citizenship, Private equity and venture capital investors, Naturalized citizens of the United States, Wikipedia extended-confirmed-protected pages, All Wikipedia articles written in American English, Articles containing potentially dated statements from May 2022, All articles containing potentially dated statements, Articles with unsourced statements from June 2021, Articles with unsourced statements from March 2020, Pages using Sister project links with default search, Pages using Sister project links with hidden wikidata, Creative Commons Attribution-ShareAlike License 3.0. degree in 1992. This week, Facebook announced billionaire investor Peter Thiel was stepping down from its board after more than 15 years. Well, his long-term partner Thiel is a German-American billionaire entrepreneur, political activist, & venture capitalist as well. He is also an investor, creditor and board member at the Fin Tech. Luck is an atheistic word for God', "Peter Thiel on Creativity: Asperger's Promotes It, Business School Crushes It", "For Stanford Class of '94, a Gender Gap More Powerful Than the Internet", "Hyper-libertarian Facebook billionaire Peter Thiel's appalling plan to pay students to quit college", "Outflanked on Right, Coulter Seeks New Image", "Who is funding the marriage amendment fight? Peter Thiel has written numerous books and has founded organizations such as Theil Capital and Palantir Technologies. They allegedly surprised their guests by exchanging vows. [64] Other partners in the fund include Sean Parker, Ken Howery, and Luke Nosek. Danzeisen got to know Thiel in the mid-2000s, and they started dating that same period. Thiel is a millionaire entrepreneur, venture investor, and political activist born in Germany. [164], Thiel was the inspiration for the Peter Gregory character on HBO's Silicon Valley. He focuses on his faith and not Christianity in fundamentalist terms. He co-founded PayPal with Max Levchin and Luke Nosek in 1998, serving as chief executive officer until its sale to eBay in 2002 for $1.5 billion. [49][50], Palantir's first backer was the Central Intelligence Agency's venture capital arm In-Q-Tel. People may receive compensation for some links to products and services on this website. A new . Peter Thiel never ever had a wife because he is gay in real life. Thiel is, as you probably know, a Silicon Valley billionaire superstar who co-founded PayPal and Palantir Technologies, a controversial software firm that specializes in big data analytics and. [41], Thiel used $10 million of his proceeds to create Clarium Capital Management, a global macro hedge fund focusing on directional and liquid instruments in currencies, interest rates, commodities, and equities. Prior to joining BiographyPedia in July 2019, he was a Bizarre TV reporter and theatre critic at TheSun. [21], In November 2011, the Thiel Foundation announced the creation of Breakout Labs, a grant-making program intended "to fill the funding gap that exists for innovative research outside the confines of an academic institution, large corporation, or government. About; Attribution; Cart; Checkout; Contact; Create Account; Dashboard. Unlike Clarium Capital, Mithril Capital, a fund with $402 million at the time of launch, targets companies that are beyond the startup stage and ready to scale up. [132] In a 2017 interview with The New York Times, Thiel said seasteads are "not quite feasible from an engineering perspective" and "still very far in the future".[133][134]. Help us change more lives, join TUKO.co.kes Patreon programme. "[129] In 2011, Thiel gave $1.25 million to the Seasteading Institute,[130][131] but resigned from its board the same year. This experience instilled a distaste for uniformity and regimentation later reflected in his support for individualism and libertarianism. Peter Thiel: "It can sometimes seem as if one must learn everything old before one can try anything new. For a long time, Thiel believed that gay couples should have children. They have one daughter, Elanor Kristina, whose details are not public. Since the 2016 presidential election, both Peter and Matt have been less vocal about their initial endorsement. [citation needed] By 2011, after missing out on the economic rebound, many key investors pulled out, reducing the value of Clarium's assets to $350 million, two thirds of which was Thiel's money. The two became an item in October 2017. [28], While at Stanford, Thiel met Ren Girard, whose mimetic theory influenced him. [170][171] He had visited the country on four occasions prior to his application for citizenship,[172] and had spent 12 days in New Zealand, fewer than the typical residency requirement of 1350 days. : The Left's Plan to Turn Our Country Into a Third World Hellhole, 2022 United States Senate election in Arizona, "The Alarming Rise of Peter Thiel, Tech Mogul and Political Provocateur", "The Anti-Democratic Worldview of Steve Bannon and Peter Thiel", "Is Trump Mulling Peter Thiel for a Top Intelligence Advisory Post? So, who is Matt, and what is his story? Pay attention: Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! He bought a 10% stake but later resigned from the board and sold his shares. Peter Thiel, the PayPal co-founder who recently pledged $1.25 million to the campaign of Republican presidential nominee Donald Trump, apologized for comments he made about rape and diversity in a . He also became a board member at Facebook. During that time, debates on identity politics and political correctness were ongoing. PAY ATTENTION: Help us change more lives, join TUKO.co.kes Patreon programme. [59] He retained his seat on the board of directors. Before that, he held the same position at the Bank of American Securities. Peter Thiel and his husband Matt Danzeisen have colossal net worth differences. "[83], On 15 August 2016, Thiel published an opinion piece in The New York Times in which he argued that his defense of online privacy went beyond Gawker. Matt Danzeisen and Peter Thiel's wedding. Rape in all forms is a crime. Danzeisen is a renowned financial connoisseur. [48][63], In 2005, Thiel created Founders Fund, a San Francisco-based venture capital fund. In September 2004, he published his first business book, entitled Zero To One: Notes On Startups, Or How To Build The Future, which topped The New York Times bestseller list. The couple married in October 2017 in Vienna, Austria. Bob Barker from The Price Is Right: net worth, wife, children, latest updates. Thiel, the German-American billionaire. Despite the Mavs . Peter made the list of Forbes Fidas list in 2014, and Forbes 400 in 2015. Thereafter, Peter Theil invested $10 million to launch the global macro hedge fund Clarium Capital Management, which was followed by his investments in Facebook in August 2004, which he later sold for $1 billion in 2012. 0:00 / 27:55. PayPal then continued to grow through mergers in 2000 with Elon Musk's online financial services company X.com, and with Pixo, a company specializing in mobile commerce. Peter Thiel (pronounced "teel") is an eccentric character in Silicon Valley: a legendary financier and co-founder of PayPal; an early investor and current board member of Facebook; a. The distinction between a homosexual business icon and an industry that has often been seen as very conservative is important only in terms of juxtaposition. However, Danzeisen had likely been Peter Thiel's boyfriend for a long time. [81] The jury awarded Bollea $140 million, and Gawker announced it was permanently closing due to the lawsuit in August 2016. The couple married at a private ceremony held on October 11, 2017. He described it as a "self-help book for entrepreneurs, bursting with bromides" but also as a "lucid and profound articulation of capitalism and success in the 21st century economy."[197]. In October 2017, the two walked into the aisle after having a long-term relationship. "It helps maintain muscle . By Bidhan Giri February 14, 2022 05:22 PM. [124], When asked "What is the biggest achievement that you haven't achieved yet?" His exact birth details are unavailable. Peter was born on October 11, 1967, in Frankfurt, Germany. Previously, he worked at BlackRock as a portfolio manager and at the Bank of American Securities as an Investment Banker. PRESCOTT, Arizona Billionaire tech CEO Peter Thiel may be more responsible than anyone else for Blake Masters' ascent in the Arizona Republican Senate primary. Getty Images. He supported 16 senatorial and congressional candidates, several of whom were proponents of the falsehood that there was significant voter fraud in the 2020 election. All Rights Reserved. He has often spoken about his own beliefs and how he doesn't want to judge how others follow the Christian faith. Congratulations to fellow GOPer @peterthiel & Matt Danzeisen on your marriage ?? Thiel stalks through Max Chafkin's new biography "as if braced for a collision . [102], Thiel initially supported Carly Fiorina's campaign during the 2016 GOP presidential primary elections. [167], Right Time to Thiel by satirist Jan Bhmermann (2022) is a Bond theme-style song and music video. Billionaire Peter Thiel got hitched to his longtime boyfriend, Matt Danzeisen The couple reportedly tied the knot in Vienna, Austria last weekend Their wedding was reportedly a surprise to. On his essay site, Unpopular Front, writer John Ganz argues that tech billionaire, venture capitalist, and radical libertarian, Peter Thiel, is not as complicated and enigmatic as he's often made . The technopreneur studied Philosophy at Stanford University before pursuing a Doctorate in Law at the Stanford School of Law. At one point, the politician went by the name James Hamel after taking his stepdad's surname. [70], Also in 2017, Thiel was one of the first outside investors in Clearview AI, a facial recognition technology startup that has raised concerns in the tech world and media for its risks of weaponization. was adopted by his mother's third husband. The name of his husband is Matt Danzeisen. Thiel doesn't know how important name recognition is in politics. Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! Matt Danzeisen Net Worth and Assets, Popularity through Marriage to Famous American Billionaire, Rise to Fame: Theil Capital, Confinity Inc., PayPal, Continued Success: Facebook and Other Private Business Ventures, Supporter of Donald Trump and Thiel Foundation, The Untold Truth Of Kobe Bryants Wife Vanessa Laine Bryant, The Untold Truth Of Rob Lowes Wife Sheryl Berkoff, The Untold Truth of Jimmy Kimmels Wife- Molly McNearney. GitHub Wins Best Overall Startup, "Software, Sovereignty and the Post-Neoliberal Politics of Exit", "Peter Thiel says tech innovation is outpacing everything else for one simple reason", "The Diversity Myth: Multiculturalism and Political Intolerance on Campus", "Stanford President Condemns Opinion Piece / Former students ridiculed school in Wall Street Journal", "VC Peter Thiel and Zenefits CEO David Sacks apologize for writing a book that downplayed rape. However, he could be in his late forties or early fifties. Aratrmalar nmzdeki birka yl iinde zenginlik ve zenginleri tanmlama biimimizin tamamen deieceini gsteriyor. [192] Notes for the course, taken by student Blake Masters, led to a book titled Zero to One: Notes on Startups, or How to Build the Future by Thiel and Masters, which was released in September 2014. He envisioned Palantir as providing data mining services to government intelligence agencies that were maximally unintrusive and traceable. The 47-year-old investor, who co-founded PayPal and made an early bet on Facebook Inc, said he's taking human growth hormone every day in a wide-ranging interview with Bloomberg Television's Emily Chang. "[187], In 1995, the Independent Institute published The Diversity Myth: Multiculturalism and the Politics of Intolerance at Stanford, which Thiel co-authored along with fellow tech entrepreneur David O. Sacks, and with a foreword by the late Emory University historian Elizabeth Fox-Genovese. Currently, Danzeisen works as a portfolio manager at Thiel Capital, which suggests that he has some background and expertise in finance. He also invested in several notable ventures, including Facebook. Thiel and Sacks' writings drew criticism from then-Stanford Provost Condoleezza Rice and then-Stanford President Gerhard Casper in describing Thiel and Sacks' view of Stanford as "a cartoon, not a description of our freshman curriculum"[189] and their commentary as "demagoguery, pure and simple. Lecture Transcript: http://www.tech.genius.com/Peter-thiel-lecture-5-business-strategy-and-monopoly-theory-annotatedPeter Thiel, founder of Paypal and Palant. Thiel took the stage at the Republican national convention in support of Donald Trump. According to reports, the two tied the knot as a surprise. Earlier, Thiel became Facebook's first outside investor when he acquired a 10.2% stake for $500,000 in August 2004. [143] Beginning in 2008, Thiel has donated over $1 million to the CPJ. [61] As of April 2020, he owned less than 10,000 shares in Facebook. 5 min read B illionaire investor Peter Thiel managed to grow less. And he's coming to L.A.", "Bloomberg Billionaires Index: Peter Thiel", "Peter Thiel reportedly pushed Facebook not to vet fake political ads", "Y Combinator Cuts Ties With Peter Thiel After Ending Part-Time Partner Program", "The PayPal Mafia: Who are they and where are Silicon Valley's richest group of men now? Matt Danzeisen's wedding was held in Vienna, Austria. Peter's worth is 2.6 Billion whereas, Matt's worth is 6-8 million as of 2022. "I don't. "[138][139] It offers grants of up to $350,000 to science-focused start-ups, "with no strings attached". The Contrarian: Peter Thiel and Silicon Valley's Pursuit of Power. I thought it was going to be a pretty safe investment. [citation needed] Clarium's assets under management grew after achieving a 40.3% return in 2007 to more than $7 billion by 2008, but fell as financial markets collapsed near the start of 2009. Peter Thiel Political Campaign Contributions (CampaignMoney.com), //www.forbes.com/sites/valleyvoices/2015/06/24/peter-thiel-n-t-wright-on-technology-hope-and-the-end-of-death/#241a43183848, United States Court of Appeals for the 11th Circuit, Facebook Thefacebook, Thiel investment, and name change, Demonic: How the Liberal Mob Is Endangering America, Adios, America! [135][136][137] According to Thiel, for many young people, college is the path to take when they have no idea what to do with their lives: I feel I was personally very guilty of this; you don't know what to do with your life, so you get a college degree; you don't know what you're going to do with your college degree, so you get a graduate degree. [84] He highlighted his support for the Intimate Privacy Protection Act, and said that athletes and business executives have the right to stay in the closet as long as they want to. It's precisely because I respect journalists that I do not believe they are endangered by fighting back against Gawker. [121], In September 2006, Thiel announced that he would donate $3.5 million to foster anti-aging research through the non-profit Methuselah Mouse Prize foundation. [150] He grew up in an evangelical household but, as of 2011, describes his religious beliefs as "somewhat heterodox", and stated: "I believe Christianity is true but I don't sort of feel a compelling need to convince other people of that. Unfortunately, the couple has not disclosed how they met or how long they dated. [79] In November 2017, it was reported that Y Combinator had severed its ties with Thiel. Two years later, he co-founded the software company Confinity Inc. alongside Luke Nosek and Max Levchin, while they launched PayPal as a money transfer service at Confinityin 1999, along with Russel Simmons, Yu Pan, and Ken Howery. Peter is a co-owner of PayPal, Palantir Technologies, and Founders Fund at the moment. Thiel is a self-described Christian from an evangelical household. He also served as an investment banker at Bank of America. [62], On 7 February 2022, Thiel announced he would not stand for re-election to the board of Facebook owner Meta at the 2022 annual stockholders' meeting and will leave after serving 17 years in order to support pro Donald Trump candidates in the 2022 United States elections. Before their union, the lovebirds kept their relationship under wraps. Andy moved to America with her sister at 11 years old to live with her mom. He founded Thiel Capital Management in 1996. The entertainer was born on January 13, 1989, in Bamenda, Cameroon. Although the use of credit cards and expanding automated teller machine networks provided consumers with more payment options, not all merchants had the necessary hardware to accept credit cards. Benjy has also written for DailyMail and TMZ. It can get lost or stolen. [140] One of the first ventures to receive funding from Breakout Labs was 3Scan, a tissue imaging platform. Afterwards, Peter furthered his education at the Stanford Law School, from which he obtained his J.D. [93] He invited conservative columnist and friend Ann Coulter to Homocon 2010 as a guest speaker. Matt's Married Life with Husband Peter Thiel- Personal Life Matt Danzeisen and Peter Thiel got married back in 2017. The venture capitalist has an estimated 10% stake as a co-founder of Palantir Technologies which has a value of $20 billion. [175][172][174], He became a New Zealand citizen in 2011, which became public in 2017. You can contact him at [emailprotected]. [176], Thiel's application cited his contribution to the economyhe had founded a venture capital fund in Auckland before applying, and invested $7 million in two local companiesas well as a $1 million donation to the 2011 Christchurch earthquake appeal fund. Some of her work includes Chicago Fire (2019) and Black Lightning (2018). Although Facebook narrowly missed the target, Thiel allowed the loan to be converted to equity anyway. He is married to Peter Andreas Thiel, a German-American venture capitalist famous for co-founding PayPal. He then enrolled into Stanford University, from which he graduated with a BA degree in 1989. When PayPal launched at a press conference in 1999, representatives from Nokia and Deutsche Bank sent $3 million in venture funding to Thiel using PayPal on their PalmPilots.