• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Big TechTech

Peter Thiel and other tech billionaires are publicly shielding their children from the products that made them rich

Marco Quiroz-Gutierrez
By
Marco Quiroz-Gutierrez
Marco Quiroz-Gutierrez
Reporter
Down Arrow Button Icon
Marco Quiroz-Gutierrez
By
Marco Quiroz-Gutierrez
Marco Quiroz-Gutierrez
Reporter
Down Arrow Button Icon
February 21, 2026, 6:59 AM ET
Investor Peter Thiel in April 2022.
Investor Peter Thiel in April 2022.Eva Marie Uzcategui—Bloomberg/Getty Images

Despite building an increasingly screen-focused world, billionaire tech leaders are keeping their own children away from the tech they helped create.

Recommended Video

As far back as 2010, Apple cofounder Steve Jobs told a New York Times reporter his kids had never used an iPad and that, “We limit how much technology our kids use at home.” 

Since then, the trend of Silicon Valley billionaires keeping their families away from technology has become even more pronounced, thanks in part to the rise of social media and short-form video. 

Excessive device use among children has grown more common in recent years as busy parents turn to screens to find some peace. The trend has accelerated so much that some young children accustomed to extensive screen time are dubbed “iPad kids.” On average, children in the U.S. ages 8 to 18 spend 7.5 hours per day watching or using screens, according to the American Academy of Child and Adolescent Psychiatry.

YouTube cofounder Steve Chen said at a talk at the Stanford Graduate School of Business last year that he wouldn’t want his kids consuming only short-form content, noting that it might be better to limit kids to videos longer than 15 minutes.

“Shorter-form content equates to shorter attention spans,” he said.

At the 2024 Aspen Ideas Festival, early Facebook investor and billionaire Peter Thiel joined Chen among the ranks of tech leaders who are setting strict limits on screens. Thiel said he lets his two young children use screens for only an hour and a half per week, a revelation that prompted audible gasps from the audience. 

Other tech CEOs, including Microsoft’s Bill Gates, Snap’s Evan Spiegel, and Tesla’s Elon Musk, have also spoken about limiting their children’s access to devices. Gates has said he did not give his children smartphones until age 14 and banned phones at the dinner table entirely. Snap CEO Spiegel, in 2018, said he limits his child to the same 1.5 hours per week of screen time as Thiel. And finally, Musk, who bought the social media company X, formerly Twitter, in 2022, said it “might’ve been a mistake” to not set any rules on social media for his children. 

TikTok CEO Shou Zi Chew, who once said his own children were too young to use TikTok, clarified in 2023 that if his children lived in the U.S. and had access to the rigorous protections associated with the platform’s under-13 settings, he would let them use the app. He said even an 8-year-old could use the platform in the under-13 experience, which, among other protections, includes vetted content, no access to posting, and no advertisements.

Scientific research backs up their parenting instincts. A 2025 study of nearly 100,000 people found that short-form video use was consistently associated with poorer cognition and a decline in many aspects of mental health across both younger and older social media users.

Social media backlash is growing

As young people increasingly spend most of their waking moments online, the backlash against social media, and especially minors’ use of social media, has reached a breaking point.

In the past year, Australia and Malaysia became the first countries to ban adolescents under 16 from using social media. And several other countries, including France, Denmark, and the United Kingdom, are considering similar legislation.

Meanwhile, Meta CEO Mark Zuckerberg took the stand earlier this week to defend his company against claims from a 20-year-old plaintiff that the social media giant built its platforms to hook young children.

And yet, far from being a new phenomenon, the idea that social media use is harmful for young people has been around for years. Still, it’s the tech leaders who created the attention economy who have been the most attentive to this fact. 

To be sure, several social media CEOs have publicly pushed back on claims that their platforms are harmful. Instagram chief Adam Mosseri testified earlier this month in the trial against its parent company, Meta, that overuse of social media does not constitute “clinical addiction.” Meta’s lawyers during the trial also outlined a range of safety features Instagram has introduced for younger users, including limits on the visibility of adult content and muted notifications at night.

Yet as the trials against social media companies continue and country after country moves toward legislating what Silicon Valley billionaires have quietly practiced for years, the private behavior of the world’s most powerful tech figures stands in contrast to what they’re promoting and building. 

In 2001, Fortune first convened “The Smartest People We Know,” bringing together CEOs and founders, builders and investors, thinkers and doers. Since then, Fortune Brainstorm Tech has been the place where bold ideas collide. From June 8–10, we will return to Aspen—where it all began—to mark 25 years of Brainstorm. Register now.
About the Author
Marco Quiroz-Gutierrez
By Marco Quiroz-GutierrezReporter
LinkedIn iconTwitter icon

Role: Reporter
Marco Quiroz-Gutierrez is a reporter for Fortune covering general business news.

See full bioRight Arrow Button Icon

Latest in Big Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Lists Calendar
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Lists Calendar
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Big Tech

jensen huang
AINvidia
Nvidia CEO Jensen Huang says you won’t lose your job to AI—you’ll lose it to your coworker who uses it
By Jake AngeloApril 22, 2026
14 hours ago
Steve Jobs called Tim Cook ‘not a product person,’ but still handpicked him to run Apple and turn it into a $4 trillion tech giant
C-SuiteTech
Steve Jobs called Tim Cook ‘not a product person,’ but still handpicked him to run Apple and turn it into a $4 trillion tech giant
By Marco Quiroz-GutierrezApril 22, 2026
16 hours ago
Christian Weedbrook standing in an office wearing a black jacket.
AIchief executive officer (CEO)
Meet the film school dropout who became a billionaire quantum computing CEO in days thanks to Nvidia
By Sasha RogelbergApril 22, 2026
23 hours ago
A group of people at a boardroom table, with one person standing
C-SuiteStrategy
Boards say the C-suite owns AI strategy. The C-suite doesn’t agree
By Amanda GerutApril 22, 2026
23 hours ago
Palantir published a mini manifesto calling some cultures ‘harmful’ and ‘middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
AIchief executive officer (CEO)
Palantir published a mini manifesto calling some cultures ‘harmful’ and ‘middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
By Marco Quiroz-GutierrezApril 22, 2026
23 hours ago
Sequoia partner Julien Bek sitting on a stool and holding a microphone while speaking to an audience. Behind him is a stage that looks like a forest.
AIEye on AI
Are services the new software? This venture capitalist thinks the future is in selling AI-delivered outcomes, not AI-powered products
By Jeremy KahnApril 21, 2026
1 day ago

Most Popular

‘Something sinister’: What we know about the FBI probe into dead and missing scientists linked to space and military industries
Economy
‘Something sinister’: What we know about the FBI probe into dead and missing scientists linked to space and military industries
By Jim EdwardsApril 22, 2026
20 hours ago
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
Real Estate
The tables have turned: Florida and Texas are the biggest losers in the housing market as Ohio emerges a surprise winner
By Sydney LakeApril 21, 2026
1 day ago
'Something sinister could be happening': FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
Politics
'Something sinister could be happening': FBI looks into dead or missing nuclear and space defense scientists tied to NASA, Blue Origin, and SpaceX
By Catherina GioinoApril 21, 2026
1 day ago
John Ternus, the man stepping into Tim Cook and Steve Jobs' shoes, is a 25-year Apple veteran with zero LinkedIn posts
C-Suite
John Ternus, the man stepping into Tim Cook and Steve Jobs' shoes, is a 25-year Apple veteran with zero LinkedIn posts
By Kelvin Chan and The Associated PressApril 21, 2026
2 days ago
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
Law
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
By Sasha RogelbergApril 20, 2026
2 days ago
Palantir published a mini manifesto calling some cultures ‘harmful’ and ‘middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
AI
Palantir published a mini manifesto calling some cultures ‘harmful’ and ‘middling’ and said Silicon Valley has ‘a moral debt’ to the U.S.
By Marco Quiroz-GutierrezApril 22, 2026
23 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.