Peter Thiel with 445 to 441 East Rivo Alto Drive (Getty)
PayPal co-founder Peter Thiel was revealed as the buyer of two waterfront adjacent Miami Beach mansions that sold in September for $18 million.
Thiel, the German-American billionaire entrepreneur and venture capitalist, acquired Jacques Nasser’s double-home at 445 to 441 East Rivo Alto Drive on the Venetian Islands. Business Insider first reported the buyer’s identity, which a source confirmed to
The Real Deal.
Thiel is a co-founder of San Francisco-based venture capital firm Founders Fund, which has a presence in the Miami area. Thiel incorporated Founders Fund Miami in December, according to state records. He also invested in Facebook and co-founded Palantir Technologies. Forbes pegs his net worth at about $5.9 billion.
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Tech billionaire Peter Thiel bought a new property in Miami, which once was home to the castmates of MTV s The Real World: Miami.
Thiel bought the Real World house for $18 million in September from former Ford CEO Jacques Nasser, public records show.
That property is just a 20-minute walk from the $29 million mansion that his Founders Fund colleague Keith Rabois bought in December.
Tech billionaire Peter Thiel bought an $18 million house in Miami which was once featured as the main set in MTV s The Real World, Business Insider has learned.
Billionaire Peter Thiel has purchased an $18million 10,000 square foot compound in Miami s Venetian Islands
The massive waterfront property consists of two luxury homes on E Rivo Alto Drive located right on the Intracoastal Waterway that faces Miami s Biscayne Bay
It was previously owned by former Ford CEO and president Jacques Nasser, who offloaded the compound to Atlantic View Holdings LLC in September
The property was also once used as the set of MTV s The Real World: Miami , during the 1996 season
Thiel joins a growing list of tech entrepreneurs who have recently left Silicon Valley to move to more affordable states such as Florida and Texas
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