PayPal co-founder Peter Thiel has been revealed to be the buyer of two waterfront neighboring Miami Beach headquarters sold in September for $ 18 million.
Thiel, a German-American billionaire venture capitalist and investor, acquired Jacques Nasser’s double house at 445-441 East Rivo Alto Drive on Venetian islands. Business Insider first reported the identity of the buyer, which was confirmed by the source The real solution.
Thiel is a co-founder of the San Francisco-based venture capital firm Founders Fund, which operates in the Miami area. Thiel joined the Founders Fund Miami in December, according to state records. He also invested in Facebook and co-founded Palantir Technologies. Forbes fixes its net worth at about $ 5.9 billion.
Nasser, a Lebanese-American manager and philanthropist who led Ford Motor Company as president and CEO, put the Miami Beach property up for sale and demanded nearly $ 20 million in July.
The property includes two houses, each with a swimming pool, with a total of nine bedrooms, seven bathrooms and one half bath. In 2005, Nasser paid $ 5 million for a 0.6-hectare property. The houses were originally built between 1947 and 1956, records show.
Dora Puig of Luxe Living Realty was the listing agent in the latest agreement and the buyer was represented by Douglas Kinsley of Fortune International Realty.
Thiel is one of the biggest technological names In recent months, they have been getting rid of cash on the waterfront in Miami Beach as more venture capital and technology managers are moving to South Florida. In December, Keith Rabois, a member of the “PayPal Mafia” and general partner of the Founders Fund, paid almost $ 29 million for the headquarters, also in the Venetian islands.
In October, Jon Oringer, a billionaire businessman who founded the stock media company Shutterstock, paid $ 42 million for the waterfront on North Bay Road.