PETER THIEL

2022-06-20T07:00:00.0000000Z

2022-06-20T07:00:00.0000000Z

LABJ

https://labusinessjournal.pressreader.com/article/297228925154570

FINANCE | 2022 LA500

Founder Thiel Capital In addition to co-founding PayPal Holdings, Thiel has invested in many of Silicon Valley’s most successful startups, including LinkedIn and Yelp. He was the first outside investor in Facebook Inc. and famously paid $500,000 for a 10% stake in the company in 2004. Thiel has an estimated net worth of $5.9 billion and was No. 15 on the Business Journal’s 2021 list of Wealthiest Angelenos. A Republican supporter, Thiel donated $3.5 million in April to Protect Ohio Values, a Super PAC that backed venture capitalist and Ohio Republican J.D. Vance in his run for the U.S. Senate. The donation follows a $10 million investment made by Thiel last year.

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