Please note that you are conflating two different things.
This piece is on the fellowship, and the article says: “To date, companies created by Thiel Fellows are together valued at more than $46.8 billion, excluding Ethereum which is valued at $450 billion.”
This piece is on the fellowship, and the article says: “To date, companies created by Thiel Fellows are together valued at more than $46.8 billion, excluding Ethereum which is valued at $450 billion.”