Matt Danzeisen: About His Bio, Career And Relationship With Peter Thiel

Matt Danzeisen

Matt Danzeisen is the partner of an American businessman, author, and venture capitalist Peter Andreas Thiel.  The American investment management and hedge fund firm “Clarium Capital” was founded by Peter, who also served as a co-founder of the PayPal online payment business.

Thiel, a Republican, contributed money to Donald Trump’s 2016 campaign as a sign of his support. Following Trump’s election, Thiel was a member of the executive committee of the transition team.

Thiel is renowned for his charitable endeavors as well, particularly those carried out through the “Thiel Foundation.” Due to her marriage to her longtime millionaire boyfriend, Thiel, Danzeisen, who is rumored to be working as a portfolio manager at Thiel Capital, has drawn a lot of media attention. The attendees at Thiel’s 50th birthday celebration were completely taken by surprise when the couple announced their engagement there.

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His Career

Matt Danzeisen

Danzeisen has held a portfolio managerial role with BlackRock Inc., an American global investment management company. At Bank of America Securities, he also held an investment banking position. Currently, he manages portfolios for Thiel Capital. Investment management services are the company’s area of expertise.

The organization, which has its headquarters in San Francisco, California, the US, invests in both new and established commercial operations. It gives Thiel’s many investment projects and commercial entrepreneurship endeavors strategic and operational support.

Although it is unclear what role Danzeisen plays inside the organization, other sources claim that he manages the private investments of the business with a focus on the financial services sector. As a board member, lender, and equity investor, he is also actively engaging in the FinTech sector.

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His Fame

After word of Danzeisen’s marriage to Peter Thiel spread like wildfire, he became well-known. After the well-known entrepreneur married him, he attracted a lot of media attention as well as global public interest. Prior to the spread of dating rumors, Thiel and Danzeisen both maintained a low profile regarding their relationship.

Due to the fact that neither of them has publicly discussed their relationship, little is known about how the two met and how their relationship began. Thiel wed Danzeisen in the middle of October 2017 in Vienna, Austria, according to the news and information on some websites, even though he hasn’t revealed much about the union or made any public remarks about it.

Danzeisen gained notoriety once Thiel and his high-profile marriage were made public. When the pair declared they were getting married, it was apparently a surprise for all of the attendees at Thiel’s 50th birthday celebrations.

This unexpected marriage quickly attracted a lot of media attention. Thiel is openly gay, but he likes to keep his personal life a secret. It’s commonly known that Thiel backed Donald Trump during the latter’s 2016 presidential campaign.

Danzeisen was a “much more moderate” supporter of Donald Trump, the 45th President of the United States, according to Buzzfeed. Thiel has nevertheless kept a low profile since Trump was elected president of the United States. Regarding Thiel’s connection with Trump, who chose not to attend Thiel’s wedding, rumors also circulated.

Personal Life And Net Worth

There isn’t much information available regarding Danzeisen’s family, early years, or education, which suggests that he prefers to keep his personal life private.

Thiel, on the other hand, was born a German citizen, acquired US citizenship through naturalization in 1978, and became a citizen of New Zealand in 2011.

Before becoming a successful entrepreneur and venture capitalist, Thiel got his Bachelor of Arts in 1989 and his Doctor of Jurisprudence in 1992. Danzeisen’s estimated net worth is still unclear, whereas Thiel’s is estimated to be US$2.5 billion as of February 2018.

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Who is Peter Thiel?

Peter Thiel

American businessman, hedge fund manager, and venture capitalist Peter Thiel was born in Germany and has a $7 billion net worth. Peter co-founded PayPal, which is how he first became wealthy. Later on, when the business was still known as TheFacebook.com, he was the first outside investor.

In exchange for a 10% share in the fledgling social network, Thiel handed Mark Zuckerberg $500,000 and a leave of absence from his sophomore year at Harvard.

Thiel gained a fortune from the investment. He still serves on Facebook’s Board of Directors despite having sold the vast bulk of his shares pretty quickly after the company’s IPO. He has invested his fortune in scores of other ventures besides Facebook, most notably the company Palatir.

On October 11, 1967, Peter Thiel was born in Frankfurt am Main, West Germany. When Peter was a baby, the family moved to Cleveland, moving later to Foster City, California.

PayPal

A 23-year-old Ph.D. student from Stanford by the name of Max Levchin attended a presentation by Peter in the summer of 1998. They became friends, and soon Peter gave Max the money he needed to start what would eventually become PayPal. Max’s plan was to create a system that would enable payments to be transmitted between Palm gadgets devices. Later, Peter also served as the company’s CEO and Chairman.

In Palo Alto’s downtown core, the firm leased office space. The fact that X.com, a competing provider of digital payments, was renting space on the same level was a complete coincidence. Elon Musk established the website X.com. In contrast to PayPal’s idea to enable payments between Palm devices, X.com was developing a mechanism for delivering payments across the nascent World Wide Web.

Eventually, PayPal and X.com decided to merge as the level of competition and venture capital fund spending rose. Elon Musk was named CEO of the combined company, which took the name PayPal, shortly after Thiel quit shortly after the merger was completed. The board of PayPal replaced Thiel as CEO in September 2000 after removing Elon from his position.

eBay purchased PayPal in 2002 for $1.5 billion. Peter owned a 3.7% share at the time, which was worth $60 million. Elon gained almost $175 million at that time because he controlled 11.7% of the company.

Clarium Capital Management

Peter launched Clarium Capital Management, an investment management, and hedge fund firm, with $10 million of his windfall after PayPal.

He founded Palantir Technologies, a California-based analytical software company, in 2003. He currently serves as chairman of the board.

Facebook

Thiel contributed $500,000 in August 2004 to buy a 10.2% share of Facebook. He was the first outside investor in the business. In 2012, Thiel sold $638 million worth of his stake in Facebook before it went public. He sold almost all of his remaining shareholding for $395 million in August 2012. He also invested early in businesses like LinkedIn, Yelp, Stripe, Quora, and Yammer, to name a few.

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Other Accomplishments

Peter Thiel

Thiel has received numerous accolades and prizes for his work in technology, entrepreneurship, and finance. One of them was given to him by the World Economic Forum, which recognized him as a Young Global Leader.

Along with the aforementioned, he has contributed significantly to many philanthropic, intellectual, and cultural initiatives. Peter primarily backs the Committee to Protect Journalists, but he also donates to the Singularity Institute for Artificial Intelligence and the SENS Foundation, a medical organization.

Peter has taught at Stanford Law School and is still engaged at his alma mater. His Thiel Foundation offers budding entrepreneurs $100,000 over the course of two years so they can forgo college and instead focus on their company ideas. Peter holds a JD from Stanford Law School and a BA in philosophy from Stanford University, all the while advising students to prioritize business above academics.

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