It was reported that PayPal’s co-founder Thiel moved his family to Argentina
It is claimed that Peter Thiel, one of PayPal’s founders and a billionaire investor, moved his family to Argentina temporarily due to his concerns about the future of the United States and his interest in the country. It was noted that Thiel has been spending a lot of time in Buenos Aires in recent months.
According to reports in international media, PayPal and Palantir Technologies co-founder Peter Thiel has been in Buenos Aires, Argentina, in recent months.
Reports indicate that Thiel purchased a property valued at approximately $12 million and enrolled his children in a local school.
The claim is that developments in the US are having an impact.
It is alleged that Thiel’s move was influenced by concerns regarding the political and economic developments in the US.
Specifically, debates over wealth taxes in California are said to have accelerated alternative plans for the billionaire investor.
It is reported that Thiel has been in close contact with Milei.
According to sources close to Thiel, he has been in frequent contact with Argentine President Javier Milei. It is stated that the two have held multiple meetings in recent months, and that Thiel is interested in Milei’s free-market-oriented economic policies.
According to sources close to him, Thiel is considering Argentina as a ‘Plan B’ in the event of potential political, economic, or global crises.
The investor, who previously made statements about nuclear war and risks stemming from artificial intelligence, is reportedly seeing South America as an alternative living and investment hub.
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