He was a partner with Howery for Thiel’s Founders Fund, a venture that funded Airbnb and SpaceX. His net worth is around $20.8 billion and he is at 23rd position in the elite Forbes list of world’s richest man. But he once owned X.com, a payments company. Elon Musk was once CEO of PayPal viaĮlon Musk got a sum of $165 million when PayPal to eBay sale happened. Now, Howery is US ambassador as well as Advisor for Kiva. PayPal’s former PM Premal Shah founded Kiva, a firm that helps low tier entrepreneurs to get loan easily. Once eBay acquired PayPal, he worked for a year as Director of Corporate Development. Initially, Howery worked as Chief Financial Officer in PayPal from 1998 to 2002. Ken Howery is now the US ambassador of Sweden via Then, PayPal was acquired by eCommerce giant eBay for a whopping $1.5 billion. He was the CEO of PayPal during the period 1999 to 2002. PayPal was just a branch of Thiel’s Confinity. Peter Thiel is the Don of the PayPal Mafia viaĬonfinity, that’s the company Peter Thiel owned. I did some research and found that it is true. Would you believe it? I didn’t believe when I came to know that. Totally 23 people reached new heights with their business.Įlon Muskis one among them. They became entrepreneurs when they left PayPal and started their own ventures. They were not big guns when they were working for PayPal. In the beginning, so many big names worked for Paypal. PayPal was founded in 1995 and it thrived with enormous growth and stupendous success. Today, its net worth is around $40 billion. Have you heard about it? PayPal is one of the world’s renowned payment gateways people use.

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