Today, the tech savant manages capital through a hedge fund, called Thiel Macro. According to the fund's most recent 13F filing, Thiel completely exited his position in Nvidia ( NVDA 0.05%) during the third quarter -- selling 537,742 shares.

Wealth quote of the day by Peter Thiel, “Brilliant thinking is rare, but courage is in even shorter supply than genius.” In American finance and technology, Peter Thiel stands apart. Not just for his billions,

Thiel was also one of the founders of Palantir ( PLTR ). Leveraging some of the early fraud detection systems of PayPal, Thiel, alongside partner Alex Karp, created one of the most preeminent AI decision-making engines in existence. He's at the center of Silicon Valley venture capital and knows what's in the pipeline behind the scenes.

Thiel's biggest source of wealth, however, comes from his stake in Palantir Technologies (NASDAQ: PLTR), which he co-founded after selling PayPal. His shares of the AI stock are worth about $12.7 billion, as of this writing.

Billionaire investor Peter Thiel believes that every entrepreneur's goal should be to build a monopoly company, and that founders who build a ‘one-of-a-kind’ company, that's doing something different,