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.

Peter Thiel sold most of his remaining shares in Facebook last week, just before his lawyers made a move in bankruptcy court that hints the billionaire investor may want to buy Gawker.com.

Peter Thiel, one of Facebook ‘s earliest investors and a company director, sold 20 million shares for $396 million on August 16 and 17, according to a regulatory filing Monday, leaving the ...

Peter Thiel admitted that selling his Facebook shares during the 2012 IPO was a costly mistake, revealing he underestimated ...

Peter Thiel, Facebook’s first big investor, has sold more than $10 million worth of the company's shares in the last week — a significant chunk of his surprisingly small remaining stake in the ...

Thiel, who in 2004 put in $500,000 to become Facebook's first outside investor, today revealed in an SEC filing that he sold about 20 million shares on Thursday and Friday at prices between $19.69 ...

While Thiel has sold most of his Facebook stock, he still has shares worth about $112 million, according to the Wall Street Journal. Thiel started his great Facebook sell-off in May of this year.

Is billionaire investor Peter Thiel getting ready to cash out of more Facebook shares? Thiel, an early investor in the company, sold 16.8 million shares in the Facebook IPO; after the offering he ...

PayPal co-founder and famed investor Peter Thiel has sold the majority of his shares in Facebook, according to an SEC filing. Thiel has sold 20.6 million Class A shares, leaving him with only 5.6 ...

Early Facebook backer, Founders Fund, has sold all of its holdings in the social media giant as part of a previously established trading plan by the venture capital firm’s partner, Peter Thiel ...

Peter Thiel owned 44.7 million Facebook shares at the time of its IPO in 2012. Alex Wong/Getty Images As a new SEC filing revealed, last week Thiel dumped 80% of his already small stake in ...