Article Image
IPFS News Link • Worlds Wealthiest People

Peter Thiel is Richer Than Ever as Tech Eclipses Macro Mess

• https://www.msn.com, Devon Pendleton

It means go where other people haven't yet, something he famously did in the 1990s by co-founding PayPal Holdings Inc., and then even more famously, in the 2000s, by throwing $500,000 at a hoodied Harvard kid and something called TheFacebook.

His iconoclastic streak has made Thiel a rich man -- richer than ever, in fact, with his data-mining company, Palantir Technologies Inc., soaring on the stock market. Today he's worth $5.3 billion, according to the Bloomberg Billionaires Index.

But if, after a point, money is just a way to keep score, even his latest coup with Palantir can't disguise this fact: Peter Thiel may be one of the best investors in Silicon Valley, but his track record is decidedly mixed.


http://www.thelibertyadvisor.com/declare