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According to Forbes, Peter Thiel has a net worth of $5.1 billion. During that time, debates on identity politics and political correctness were ongoing. Thiel, a Facebook board member, was one of few Silicon Valley titans to publicly support Trump in 2016, buying face time with $1.5 million in donations to pro-Trump groups, making him one of the. In 1996, Peter established his own company Thiel Capital Management an investment fund. I think eccentric is always better than evil". He founded Thiel Capital Management in 1996. Vance.". I thought it was going to be a pretty safe investment. The entertainer was born on January 13, 1989, in Bamenda, Cameroon. The couple has not disclosed the details of how or where they met. Profildeki linkte bulabileceiniz yaz dizimizde 21. yzyln zenginlerini sizler iin inceledik. As of February 2017, he had donated over $7 million to the foundation. [53][54] As a board member, Thiel was not actively involved in Facebook's operations. 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? Article. "I don't. He joined them in 1993 while also working as a speechwriter for former United States Secretary of Education William Bennett, before returning to California in 1996 to seek a more meaningful occupation. The couple hasn't revealed the full details of their relationship or how long they have been together, but Peter Thiel and Matt Danzeisen were married in a private ceremony in October 2017 in Vienna, Austria. [93] He invited conservative columnist and friend Ann Coulter to Homocon 2010 as a guest speaker. Save my name, email, and website in this browser for the next time I comment. "[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. 0:00 / 27:55. Gay marriages are always a hot discussion online. In 2005, Clarium saw a 57.1% return[44] as Thiel predicted that the dollar would rally. Copyright 2023 Market Realist. By Bidhan Giri February 14, 2022 05:22 PM. He focuses on his faith and not Christianity in fundamentalist terms. [84], Thiel is a self-described conservative libertarian,[85] though more recently he has espoused support for national conservatism,[86] and criticized economically liberal attitudes towards free trade[87] and big tech. The Republican politicians Peter Thiel is backing Mr. Thiel has given more than $20.4 million to support 16 Senate and House candidates for the midterm elections. Alex Kompo: Former Siesta Key star's life and latest updates. The lawsuit eventually bankrupted Gawker[13] and led to founder Nick Denton declaring bankruptcy. "[31][32], After graduating from Stanford Law School, Thiel clerked for Judge James Larry Edmondson of the United States Court of Appeals for the 11th Circuit. ", "Billionaire weighs in on Silicon Valley's future", "Paypal, Inc, Form S-1/A, Filing Date Jan 31, 2002", "Peter Thiel explains how an esoteric philosophy book shaped his worldview", "Here's the advice billionaire investor Peter Thiel wishes he could've given his younger self", "Rumor About Trump's Supreme Court Pick Causes a Stir But Appears Untrue", "eBay picks up PayPal for $1.5 billion by Margaret Kane|CNET News.com", "The life and rise of billionaire investor Peter Thiel, Trump's biggest Silicon Valley supporterwho might be moving to Los Angeles", "No Death, No Taxes: The libertarian futurism of a Silicon Valley billionaire", "The hidden logic of Peter Thiel's "Lord of the Rings"-inspired company names", "Palantir's Hotly Anticipated IPO Set to Slide to 2020", "Peter Thiel to step down from board of Facebook parent Meta", "Palantir, the War on Terror's Secret Weapon", "How A 'Deviant' Philosopher Built Palantir, A CIA-Funded Data-Mining Juggernaut", "Palantir Aiming To Raise $400 Million In New Round", "Palantir Has Raised $880 Million At A $20 Billion Valuation", "Shareholder trading values Facebook at more than $33bn", "Peter Thiel: Why Facebook Is Like Ford Motors In The 1920s", Peter Thiel Sells Almost All of His Facebook Stock, Donates $1 Million to a Tea Party PAC, "Facebook director Thiel sold 20 million shares after lock-up", "Investor Peter Thiel Sells Facebook Shares", "Peter Thiel sells most of remaining Facebook stake", "Peter Thiel just sold more Facebook shares, but his big mistake was dumping them in 2012", "Peter Thiel to leave Meta board to pursue Trump political agenda", "Block.one Closes Strategic Investment Round Led by Peter Thiel and Bitmain", "What Types of Companies Is Peter Thiel's Founders Fund Actually Investing In? [164], Thiel was the inspiration for the Peter Gregory character on HBO's Silicon Valley. [86] In 2019, Thiel called Google "seemingly treasonous" and urged a government investigation, citing Google's work with China and asking whether DeepMind or Google's senior management had been "infiltrated" by foreign intelligence agencies. 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. [27], Thiel enrolled in Stanford Law School and earned his Juris Doctor degree in 1992. But Masters,. [29] Mimetic theory posits that human behavior is based upon mimesis, and that imitation can engender pointless conflict. [74] Valar Ventures also invested in New Zealand-based companies Pacific Fibre[75] and Booktrack. DeAnna was also connected to people in the U.S. government. Peter Thiel, the controversial billionaire tech founder and investor, has used his fortune to encourage kids to skip college, to back a lawsuit that bankrupted . 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 . [100] He contributes to both Libertarian and Republican candidates and causes. This was the first outside investment in Facebook, and valued the company at $4.9 million. was adopted by his mother's third husband. [172] At the time that his citizenship was revealed, The New Zealand Herald came out with the report that the New Zealand Defence Force, the Security Intelligence Service and the Government Communications and Security Bureau have long-standing links with Thiel's Palantir. Danzeisen is a renowned financial connoisseur. [82] Thiel referred to his financial support of Bollea's case as one of the "greater philanthropic things that I've done. Thiel has been married to his husband, Matt Danzeisen, since 2017. [163] He described the film as "wrong on many levels". [42] Thiel stated that "the big, macroeconomic idea that we had at Clariumthe ide fixewas the peak-oil theory, which was basically that the world was running out of oil, and that there were no easy alternatives. The app's co-founders include former Trump. 03:19. While in college, he founded The Stanford Review and served as its editor-in-chief. 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. A billionaire several times over, Thiel was a co-founder of PayPal, the digital-payment service, and the first outside investor in Facebook. As with his husband, Matt is a successful businessman who has enjoyed a long and prolific career. Offers may be subject to change without notice. Matt Danzeisen's net worth and assets are estimated conservatively at over $1 million, which he earned on his own throughout his business career. [40] In Silicon Valley circles, Thiel is colloquially referred to as the "Don of the PayPal Mafia". So, ''Who is Peter Thiel's husband?''. He was a headline speaker during the convention, during which he announced that he was "proud to be gay," for which the assembled Republicans cheered. Thiel did not require permission as he was a citizen. [81] The jury awarded Bollea $140 million, and Gawker announced it was permanently closing due to the lawsuit in August 2016. Peter Thiel and His Husband, Matt Danzeisen, Co-Own the New Zealand-Based Company, Second Star Limited Asides from their long-term romantic involvement, Matt Danzeisen and Peter Thiel. ", PayPal Reunion: Dave McClure Joins Founders Fund, "Peter Thiel-Backed Crypto Startup Pays Out 6,567% Return". Peter Andreas Thiel wears many hats - he is the managing partner in Founders Fund (a venture capital fund), the president of Clarium Capital (a global macro hedge fund), former CEO and one of the founders of PayPal, and the first outsider to invest in Facebook.An entrepreneur, venture capitalist, and hedge fund manager, Thiel sold his 10.2% stake in Facebook in 2012 but still sits on the . In 2016, Thiel confirmed that he had funded Hulk Hogan in the Bollea v. Gawker lawsuit because Gawker had previously outed Thiel as gay. 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. [39] Thiel remained CEO of the company until the sale. [36] Early on, he experienced a setback after investing $100,000 in his friend Luke Nosek's unsuccessful web-based calendar project. Previously, he worked at BlackRock as a portfolio manager and at the Bank of American Securities as an Investment Banker. In the following year, Peter launched the venture capital company, Founders Fund, with Luke Nosek and Ken Howery. He attended a strict establishment in Swakopmund that required students to wear uniforms and utilized corporal punishment, such as striking students' hands with a ruler. The couple married in 2017. [106][107] On 15 October 2016, Thiel announced a $1.25 million donation in support of Donald Trump's presidential campaign. Peki ama neden? Thiel, the billionaire co-founder of PayPal and a Trump supporter, has generated controversy for his activities in New Zealand. Leaving Peter Thiel's professional success aside, we're here today to discuss his personal life. Unfortunately, the couple has not disclosed how they met or how long they dated. So, what is Andy's story? Peter was also the first outside investor in Facebook. [148] Danzeisen works as a portfolio manager at Thiel Capital. Who Is Peter Thiel's Husband? Since 2017, he has been married to the same woman. Since the 2016 presidential election, both Peter and Matt have been less vocal about their initial endorsement. 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. [64] Other partners in the fund include Sean Parker, Ken Howery, and Luke Nosek. Peter Thiel and his husband Matt Danzeisen have colossal net worth differences. 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. He sold the majority of his shares in Facebook for over $1 billion in 2012, but remains on the board of directors. He is also involved in philanthropic work helping young people set up businesses. Paper money is an ancient technology and an inconvenient means of payment. "Bitcoin rises after report says early Facebook investor Peter Thiel is buying massive amounts", "The Secretive Company That Might End Privacy as We Know It", "Billionaire Facebook Investor Peter Thiel Pours Money Into His "Utopia," New Zealand", Booktrack Raises $2 Million From Peter Thiel, Park Road, And Others To Add Soundtracks To E-books, "Facebook investor Peter Thiel opens Mithril venture capital fund", "Peter Thiel Launches Mithril: A New $402 Million Late-Stage Fund", "Peter Thiel is no longer affiliated with star accelerator Y Combinator", "Tech billionaire Thiel helps Hulk Hogan", "Peter Thiel Just Got His Wish: Gawker Is Shutting Down", Peter Thiel, Tech Billionaire, Reveals Secret War With Gawker, "Peter Thiel: The Online Privacy Debate Won't End With Gawker", "Peter Thiel on the Role of Technology and Globalization in Our Economy", "Peter Thiel Explains the New 'National Conservatism', "Peter Thiel's Oddly Conventional Defense of Trump", "Peter Thiel Urges U.S. Probe of Google's 'Seemingly Treasonous' Acts", "Peter Thiel: 'We attribute too much to luck. [151][152], During his time at Stanford University, Thiel attended a lecture given by Ren Girard. 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?". [48][63], In 2005, Thiel created Founders Fund, a San Francisco-based venture capital fund. Peter is a co-founder of the American online payment service company PayPal and the founder of American investment management and hedge fund company 'Clarium Capital.'. Before that, he held the same position at the Bank of American Securities. [58] In August 2012, immediately upon the conclusion of the early investor lock-up period, Thiel sold almost all of his remaining stake for between $19.27 and $20.69 per share, or $395.8 million, for a total of more than $1 billion. 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. [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. He also has donated to a PAC. [99] Club for Growth is a conservative organization with an agenda focused on cutting taxes and other economic issues. Getty Images. Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, holds hundred . Billionaire Peter Thiel, a founder of PayPal, has publicly condemned "confiscatory taxes." He's been a major funder of one of the most prominent anti-tax political action committees in the. degree in 1992. "[190], In 2016, Thiel apologized for two statements he made in the book: 1) "The purpose of the rape crisis movement seems as much about vilifying men as about raising 'awareness'" and 2) "But since a multicultural rape charge may indicate nothing more than belated regret, a woman might 'realize' that she had been 'raped' the next day or even many days later." [5][6] As of May 2022[update], Thiel had an estimated net worth of $7.19 billion and was ranked 297th on the Bloomberg Billionaires Index.[7]. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Type above and press Enter to search. Photographer: Eva Marie Uzcategui/Bloomberg. David Runciman. ", "The Money Trail Conservative Facebook Investor Funded Anti-ACORN Videographer", "Thiel's $1 Million Tops Donors to Club for Growth Super-PAC", "Endorsements Blog Archive Peter Thiel", "Peter Thiel Political Campaign Contributions 2000 Election Cycle", "Peter Thiel Political Campaign Contributions 2002 Election Cycle", "Peter Thiel Political Campaign Contributions 2004 Election Cycle", "Peter Thiel Political Campaign Contributions 2006 Election Cycle", "Peter Thiel Political Campaign Contributions 2008 Election Cycle", "Peter Thiel Political Campaign Contributions 2010 Election Cycle", "Peter Thiel Political Campaign Contributions 2012 Election Cycle", "Peter Thiel Political Campaign Contributions 2014 Election Cycle", "Old (Pay)Pals: Peter Thiel backs Meg Whitman", "PayPal co-founders fund pro-Paul Super PAC", "Billionaire Paypal Co-Founder Peter Thiel on List of Trump Backers", "Peter Thiel Makes History at RNC: 'I'm Proud to be Gay', "Peter Thiel to Donate $1.25 Million in Support of Donald Trump", "Peter Thiel, Trump's Tech Pal, Explains Himself", "Silicon Valley Investor Peter Thiel Will Join Trump's Transition Team", "Tech Tycoon Peter Thiel Shies From Trump Re-Election Campaign", Peter Thiel Explains How to Invest in the Singularity, Singularity Summit Peter Thiel On His Single Greatest Fear, "Back to the Future: Peter Thiel on Technology and Investment Strategy at the NYC Singularity Summit", "Elon Musk And Peter Thiel Launch OpenAI, A Non-Profit Artificial Intelligence Research Company", "How DeepMind convinced billionaire Peter Thiel to invest without moving the company to Silicon Valley", "The Mprize-PayPal Founder pledges $3.5 Million to antiaging research", "Entrepreneur backs research on anti-aging", How Silicon Valley Is Trying to Hack Its Way Into a Longer Life, "Billionaire Peter Thiel embarks on anti-aging crusade", Floating Cities, No Longer Science Fiction, Begin to Take Shape, Floating Island Project Pushes On, Without Peter Thiel's Support, Milton Friedman's Grandson to Build Floating Libertarian Nation, A Silicon Valley billionaire's dream of a floating libertarian utopia may have finally been killed, Peter Thiel, Trump's Tech Pal, Explains Himself, Tech billionaire Peter Thiel no longer thinks his dream of a floating libertarian utopia is realistic, "Peter Thiel Launches Fellowship Program", "Why a Nonprofit Backs Dropping Out of School", PayPal co-founder's Breakout Labs issues first grants, Peter Thiel's Breakout Labs Turns More Science Projects Into Businesses, Breakout Ventures, spun out of Peter Thiel's Breakout Labs, has closed its debut fund with $60M, "Breakout Labs press release on first batch of grantees", "Supporters of Press Freedom About CPJ Committee to Protect Journalists", "Freedom Project page on Thiel Foundation website", Peter Thiel Urges Investing in Human Rights, "Billionaire Donald Trump supporter Peter Thiel sending more of his mates our way", "Peter Thiel got married over the weekend", "Billionaire Peter Thiel gets married to Matt Danzeisen", "Faith & Technology: Q&A with Peter Thiel", "Magnus Carlsen Overwhelms Challenger in Tiebreakers to Win World Chess Championship", "24 executives who are exceptional at chess", "USCF Ratings History Graph for 12056150: Peter Thiel", "Entrepreneur Challenges Peter Thiel To Million Dollar Chess Game", "Peter Thiel made a rare public appearance at a chess tournament", "Peter Thiel: Facebook Co-Founder Eduardo Saverin Did A Poor Job, Got Rich Anyway", "A Guide To The Best Inside Jokes On HBO's Hit Comedy 'Silicon Valley', "Trend-Autor Jonas Lscher: 'Die Reichen werden unsterblich und der grosse Rest berflssig', Peter Thiel Obtained New Zealand Citizenship Possibly Because Of 'Exceptional Circumstances', Peter Thiel got New Zealand citizenship after spending 12 days there in five years, "New Zealand Is 'the Future,' Peter Thiel Said in His Push for Citizenship", "Controversial billionaire Peter Thiel made a Kiwi after two-week holiday", "Billionaire Trump Adviser Peter Thiel Bought His New Zealand Citizenship, Documents Show", "Revealed: How Peter Thiel got New Zealand citizenship", "Facebook billionaire Peter Thiel a Kiwi citizen, owns Wanaka estate", The Many Contradictions Of Peter Thiel's New Zealand Citizenship, "Lord of the Roths: How Tech Mogul Peter Thiel Turned a Retirement Account for the Middle Class Into a $5 Billion Tax-Free Piggy Bank", "The Association of Private Enterprise Education", "Honorary Doctoral Degrees at Universidad Francisco Marroqun", "Peter Thiel at #ISFLC12: 'You are the Entrepreneur of Your Life', Congratulations Crunchies Winners! A new . Matt and Peter married in 2017 in Vienna, Austria. The company steadily grew and in 2015 was valued at $20 billion, with Thiel being the company's largest shareholder. [21], On 15 April 2008, Thiel pledged $500,000 to the newly created non-profit Seasteading Institute,[126] directed by Patri Friedman, whose mission is "to establish permanent, autonomous ocean communities to enable experimentation and innovation with diverse social, political, and legal systems. His bid was financially supported by Peter Thiel . His husband, Peter Thiel, is also a billionaire who contributed to the foundation of Breakout Labs, Palantir Technologies, PayPal, and Founders Fund. Helicopter Pilots" - a Virginia and Washington, D.C.-based organizing chapter of white . [96] In 2012, Thiel donated $10,000 to Minnesotans United for All Families, in order to fight Minnesota Amendment 1[97] that proposed to ban marriage between same-sex couples there. He also became a board member at Facebook. The fete will happen a . Thiel has been open about his sexuality since 2016. about. [80], In May 2016, Thiel confirmed in an interview with The New York Times that he had paid $10 million in legal expenses to finance several lawsuits brought by others, including a lawsuit by Terry Bollea (Hulk Hogan) against Gawker Media for invasion of privacy, intentional infliction of emotional distress, and infringement of personality rights after Gawker made sections of a sex tape involving Bollea public. Pay attention: Become TUKO.co.ke ambassador get a branded T-shirt, hoodie or water bottle at our TUKO Shop! The event took many of the attendees by surprise. Tesla and SpaceX CEO Elon Musk isn't buying in. He is a portfolio manager at Thiel Capital, owned by his spouse. 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. When he talks, people listen. Peter has now started investing in such private businesses as Stripe, Airbnb, and Vivint, among many others. So, who is Matt, and what is his story? In my case, it was law school, which is the classic thing one does when one has no idea what else to do. [citation needed], With Confinity, Thiel realized they could develop software to bridge a gap in making online payments. Thiel met Parker and Facebook founder Mark Zuckerberg. Thiel has cut a check of just over $10 million to an outside group backing J.D. [145][146] In 2011 he was a featured speaker at the Oslo Freedom Forum, and the Thiel Foundation was one of the event's main sponsors. The couple married in October 2017 in Vienna, Austria. 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. [161] He has been interviewed twice by Charlie Rose on PBS. Matt Danzeisen lived a quiet life until his partner announced that they were getting married. He is the husband of venture capitalist and entrepreneur Peter Andreas Thiel. Although Facebook narrowly missed the target, Thiel allowed the loan to be converted to equity anyway. Afterwards, Peter furthered his education at the Stanford Law School, from which he obtained his J.D. According to reports, the two tied the knot as a surprise. The Dallas Mavericks are set to take on the Utah Jazz in the first round of the 2022 NBA Playoffs. However, Danzeisen had likely been Peter Thiel's boyfriend for a long time. #knotemag #BillGates #MelindaGates #HamdiUlukaya #ElonMusk #JohnHendricks #PeterThiel #RayKurzweil #inovasyon #zenginlik, A post shared by K-Note (@knotemag) on Jan 16, 2018 at 7:29am PST. [196]), Derek Thompson, writing for The Atlantic, stated Zero to One "might be the best business book I've read". [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. 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. [113], Thiel carries out most of his philanthropic activities through the Thiel Foundation. The organization supports various scientific researchers and the continued development of technology. They kept a low profile until 2017, when they announced their intention to marry during Peter's birthday party. "[83], Thiel said he was motivated to sue Gawker after they published a 2007 article publicly outing him, headlined "Peter Thiel is totally gay, people." What Is Peter Thiel's Net Worth? ", "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. Matt Danzeisen. If you know Peter Thiel, you will also know about Matt Danzeisen, who happens to be Peter's husband. Matt and Peter Thiel's wedding took place in Vienna, Austria. [8] He co-founded Valar Ventures in 2010; co-founded Mithril Capital, serving as investment committee chair, in 2012; and served as a part-time partner at Y Combinator from 2015 to 2017.[9][10][11][12]. AMA", "Peter Thiel: the billionaire tech entrepreneur on a mission to cheat death", "Who is Peter Thiel and why is he advising Donald Trump? Visit Business . [102], Thiel initially supported Carly Fiorina's campaign during the 2016 GOP presidential primary elections. Matt Danzeisen has reached significant heights in his finance career. Matt Danzeisen came to prominence after he married to his longtime boyfriend Peter Thiel. Peter Thiel and his husband Matt Danzeisen have colossal net worth differences. 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 . [77][78], In March 2015, Thiel joined Y Combinator as one of 10 part-time partners. Thus, the massive wealth of Peter definitely raises the value of Matt's balance sheet as well. [citation needed] During this time, the firm sought to profit in the long-term from its petrodollar analysis, which foresaw the impending decline in oil supplies and the unsustainable bubble growing in the U.S. housing market. [122][123] He gave the following reasons for his pledge: "Rapid advances in biological science foretell of a treasure trove of discoveries this century, including dramatically improved health and longevity for all. He has risen to fame through his marriage to Peter Thiel. This experience instilled a distaste for uniformity and regimentation later reflected in his support for individualism and libertarianism.