Tech Darling Palantir Mints Two More Billionaires In Post-Election Surge

Lonsdale News

Tech Darling Palantir Mints Two More Billionaires In Post-Election Surge
Stephen CohenBillionaireJoe Lonsdale
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Phoebe Liu is a Forbes reporter who writes about the world's richest people with a focus on tech and philanthropy and works on Forbes’ flagship Forbes 400 and World's Billionaires lists. Recently, she wrote about Sam Altman's investments, Elon Musk's billionaire investor confidant and the billionaires buying Hawaii land.

alantir cofounder and venture capitalist Joe Lonsdale saw Donald Trump ’s reelection as president earlier this month as a win for the United States. “It’s morning again in America,” read a November 5 post on X from Lonsdale , who helped Elon Musk raise money for Trump through the America PAC.

Lonsdale and Cohen followed similar early paths to success. They both worked full-time for Thiel’s hedge fund, Clarium Capital, while or just after studying computer science as undergraduates at Stanford; Lonsdale also interned at PayPal in 2002, where he met Thiel and Elon Musk. He and Cohen were both editors-in-chief of the Stanford Review, the campus paper with a conservative-libertarian bent that Thiel had earlier founded.

Cohen still works at Palantir as president and secretary, after a long stint as a vice president who interviewed every prospective employee . Meanwhile, Lonsdale left Palantir in 2009—“this defense stuff is really stressful,”, only to reenter the sector through 8VC a few years later. Later in 2009, Lonsdale started wealth management software company Addepar, which was last valued by its investors at $2.2 billion in 2021.

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