The Pessimistic Billionaire
Newsweek/The Daily Beast
February 13, 2012
Commentary by: Niall Ferguson, member of the Belfer Center Board of Directors
Topic: Peter Thiel, founder of PayPal
“Damn. Peter Thiel is smarter than I am.
It’s not just that, as the founder of PayPal, president of the hedge fund Clarium Capital, managing partner of the venture-capital firm Founders Fund, and one of the early angel investors in Facebook, he’s vastly and maddeningly wealthier than I am. I have met some people even richer than Thiel who turned out to be intellectually vacuous.
It’s the fact that Thiel is also one of the most interesting and original thinkers in America today—something you’ll already know if you’ve read the darkly powerful article he published in National Review last year titled ‘The End of the Future.’”