California

Who is Peter Thiel, the billionaire investor and PayPal cofounder who says he had $50 million in Silicon Valley Bank when it collapsed?

8 days ago   |   By Business Insider

Peter Thiel is worth about $8 billion, per Bloomberg's Billionaire Index. John Lamparski/Getty Images
Billionaire Peter Thiel said he had $50 million in Silicon Valley Bank when it collapsed.
With a net worth of $8 billion, he's among Silicon Valley's most successful venture capitalists.
Here's a look at his colorful life, from cofounding PayPal to setting up the Founders Fund.
Peter Thiel, 55, was born in Germany but his family came to the US when he was one year old. He moved to Foster City, California, when he was in fifth grade. Stephanie Keith/Getty Images
Read more ...

 


Search by Tags

   California      City      Family      Tech Insider      News      Finance      Features      Peter Thiel      PayPal      Founders Fund      SVB      Weekend BI UK Feature  


The Fed's economic outlook is 'absurd' and there's no way to lower inflation...

Jeremy Siegel. Scott Mlyn/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images The Fed's economic outlook is "absurd," according to Jeremy Siegel. The famed Wharton professor... Read more ...

'Big Short' investor Michael Burry says Jerome Powell should butt out and...

Michael Burry. Jim Spellman/Getty Images Michael Burry wants Fed Chair Jerome Powell to stop commenting and interfering. The "Big Short" investor said that could allow markets... Read more ...

Russian forces have a new focus, and the target city already looks like a...

A military vehicle drives through an area destroyed after a strike, in the city of Avdiivka, Donetsk Oblast, on March 18, 2023. ARIS MESSINIS/AFP via Getty Images Russian... Read more ...

Investors have poured $286 billion into money market funds this month as the...

TIMOTHY A. CLARY / Getty Over $286 billion has made its way into money market funds in March, The FT reported. "We are seeing shifts into money market funds by every segment of... Read more ...

Car companies and dealers are so desperate to demystify electric cars that...

The easiest way to get consumers up to speed on EVs might just be to let them drive one themselves. Julian Stratenschulte/picture alliance via Getty Images The next wave of EV... Read more ...

Five Essential Activities For First-Time Visitors To Jakarta

As you plan your first visit to this storied city, don't miss out on these incredible Indonesian experiences. Read more ...

Rivian Is Relocating Engineers in Hopes of Boosting Production

Rivian Is Relocating Engineers in Hopes of Boosting Production

Rivian wants to consolidate its engineering talent under two roofs, a Tesla factory worker subject to racial harassment is taking the electric car maker to court again for a... Read more ...

Mylio: An Amazing Photo Tool for Travelers

Mylio: An Amazing Photo Tool for Travelers

Posted : 3/27/2023 | March 27th, 2023 I'm bad at taking photos. That's not to say the pictures I take are bad. Rather, I always forget to take photos for this blog whenever I'm... Read more ...

Earth Day Is Almost Here-Go Green With These Cool Products

Many companies are now doing their part and are offering products that use sustainable manufacturing processes, organic ingredients and recycled packaging. Read more ...

The Coolest Cars Quentin Tarantino Has Featured in His Movies

The Coolest Cars Quentin Tarantino Has Featured in His Movies

Quentin Tarantino just revealed the name of his tenth and final film: The Movie Critic. Right now, details are scarce, but as a white man in my mid-20s who likes movies... Read more ...