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Peter Thiel Was a Winner in 2020 IPO Rush

Peter Thiel

Peter Thiel

Photographer: Kiyoshi Ota/Bloomberg

Hi all. It’s Lizette. For most people, 2020 will go down as a staggeringly dreadful year—including a pandemic, police brutality, protests and wildfires. But in tech, a few people made a fortune

One of them was Peter Thiel. The billionaire investor and sometime politico saw his wealth surge an estimated 113% this year through Dec. 22, according to the Bloomberg Billionaires Index—exceeding $7 billion.