Peter Thiel sold 20 million shares of Facebook just months after its IPO—but they’d be worth nearly $15 billion more if he had held on
Investment
Fortune

Peter Thiel sold 20 million shares of Facebook just months after its IPO—but they’d be worth nearly $15 billion more if he had held on

Why This Matters

Just months after Facebook’s IPO, billionaire PayPal cofounder Peter Thiel cashed out at $20 a share. But they’d be worth 37 times more today—or nearly, $15 billion.

July 1, 2025
03:54 PM
4 min read
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  • Financial sector news can impact lending conditions and capital availability for businesses

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  • Could this financial sector news affect lending conditions and capital availability?

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