Who is Matt Danzeisen?

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.

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How rich is he, as of now? Matt Danzeisen Net Worth and Assets

Matt Danzeisen’s net worth is estimated conservatively at over $1 million, earned from his involvement in the business industry. However, there is little doubt that he shares the wealth of his famous husband Peter Thiel, which has been estimated to be as much as $2.6 billion, as of late-2019.

They also share such assets as Peter’s mansion in Hawaii valued at more than $27 million, and mansion valued at over $11 million in Los Angeles, California, among others.

Life before Fame

Little is known regarding Matt Danzeisen’s life before he came into the spotlight due to his sexuality, and marriage to a famous billionaire. However, he spent his early years somewhere in the US. He is American by nationality, white by ethnicity, and is a Christian.

Involvement in Business Industry

Regarding his professional career, Matt Danzeisen has served as a portfolio manager at BlackRock, Inc., a global investment management corporation.

He has also worked in the position of an investment banker for Bank of America Securities. Matt is currently working as a portfolio manager at his husband’s company, Thiel Capital Management, headquartered in San Francisco, California, in charge of the company’s private investments and financial services. He is also an investor, creditor and board member at the Fin Tech.

Popularity through Marriage to Famous American Billionaire

Matt Danzeisen came to prominence after he married to his longtime boyfriend Peter Thiel. The couple hasn’t revealed how long they have been together, or when they started dating.

They eventually tied the knot in a private ceremony held in October 2017 in Vienna, Austria, actually on Peter’s 50th birthday, at which the guests were surprised when the couple revealed that they were going to exchange their wedding vows.

Who is His Husband? Peter Thiel Wiki/Bio

Peter Andreas Thiel was born on 11 October 1967 under the sign of Libra, in Frankfurt, then West Germany, to his father, Klaus Friedrich Thiel, and his mother, Susanne Thiel. The family moved to Cleveland, Ohio when Peter was an infant, and there his father worked as a chemical engineer. He is the elder brother of Patrick Michael Thiel.

Educational Background

Before they settled in Foster City, California in 1977, the family spent some time living in South Africa and Namibia, where Peter attended elementary schools. He went to Bowditch Middle School in Foster City, and matriculated from San Mateo High School in 1985. He then enrolled into Stanford University, from which he graduated with a BA degree in 1989. While in college, he founded “The Stanford Review” and served as its editor-in-chief. Afterwards, Peter furthered his education at the Stanford Law School, from which he obtained his J.D. degree in 1992.

Career Beginnings

Peter started his full-time career as a judicial clerk for Judge James Larry Edmondson at the US Court of Appeals for the 11th Circuit, after which he worked as a securities attorney at Sullivan & Cromwell.

Peter Thiel

After spending seven months there, Peter was hired as a derivatives trader at Credit Suisse, before working as a speechwriter for William Bennett, a former US Secretary of Education.

Rise to Fame: Theil Capital, Confinity Inc., PayPal

In 1996, Peter established his own company – Thiel Capital Management – an investment fund. 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 Confinity in 1999, along with Russel Simmons, Yu Pan, and Ken Howery. Peter served in the company as its CEO (Chief Executive Officer) until it was sold to eBay for $1.5 billion in 2002. At the time of its sale, he had a 3.7% stake which was worth over $55 million, which made him known as the ‘Don of the PayPal Mafia’.

Continued Success: Facebook and Other Private Business Ventures

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. He also became a board member at Facebook. In 2004, he co-founded Palantir Technologies, a private data analysis company, in which he serves as the Chairman and currently holds shares worth over $20 billion. In the following year, Peter launched the venture capital company, Founders Fund, with Luke Nosek and Ken Howery. In 2010, he co-founded Valar Ventures and Mithril Capital Management, and more recently was also a partner at Y Combinator between 2015 and 2017.

Peter has now started investing in such private businesses as Stripe, Airbnb, and Vivint, among many others.

Author

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. 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.

Awards

Thanks to his accomplishments, Peter has been honored with various awards, including the 2006 Herman Lay Award for Entrepreneurship, the 2013 TechCrunch Crunchie Award for Venture Capitalist of the Year, and named the 2007 Young Global Leader by World Economic Forum.

Supporter of Donald Trump and Thiel Foundation

Peter became known as a big supporter of the now US President Donald Trump, since he donated over $1.2 million to his presidential campaign in 2016. Peter is also the founder of the Thiel Foundation, which includes three main projects – Breakout Labs, Imitation, and the Theil Fellowship. The organization supports various scientific researchers and the continued development of technology.

Author

Benjy is currently a reporter for BiographyPedia based in Adelaide, Australia. Prior to joining BiographyPedia in July 2019, he was a Bizarre TV reporter and theatre critic at TheSun. Benjy has also written for DailyMail and TMZ. Benjy studied journalism at Goldsmiths University of London, graduating in 2009. You can contact him at [email protected]

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