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A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. [4] [5] As of June 2023 [update] , Thiel had an estimated net worth of $9.7 billion and was ranked 213th on the Bloomberg Billionaires Index .
History 1983–1991: early years. AOL began in 1983, as a short-lived venture called Control Video Corporation (CVC), founded by William von Meister.Its sole product was an online service called GameLine for the Atari 2600 video game console, after von Meister's idea of buying music on demand was rejected by Warner Bros. Subscribers bought a modem from the company for $49.95 and paid a one ...