Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

A guide to tech billionaire Peter Thiel's Washington web

Nov 29, 2024 - businessinsider.com
The article discusses the extensive influence of tech billionaire Peter Thiel in Washington, highlighting his connections with key political and tech figures, as well as his involvement in government contracts through his co-founded company, Palantir. Thiel's influence extends to mentoring JD Vance, investing in Elon Musk's SpaceX, supporting Donald Trump's 2016 campaign, and being the first outside investor in Facebook. He also has connections with Sam Altman, co-founder of OpenAI, Vivek Ramaswamy, a biotech billionaire and former GOP presidential candidate, and Blake Masters, a Senate candidate from Arizona.

Thiel's company, Palantir, counts the US government as its biggest client, focusing on counterterrorism efforts and immigration enforcement. Thiel has also made significant political contributions to various politicians and causes, including the Republican National Committee and GOP-aligned groups. Despite his conservative leanings, he has also donated to some Democrats, such as California Governor Gavin Newsom and Silicon Valley representative Ro Khanna.

Key takeaways:

  • Peter Thiel, a tech billionaire and conservative kingmaker, has significant influence in Washington, with connections to powerful political players and government contracts through his co-founded company, Palantir.
  • Thiel has mentored several influential figures, including JD Vance, Mark Zuckerberg, and Sam Altman, and has invested in their respective ventures.
  • Despite a strained relationship with Elon Musk, Thiel invested $20 million in SpaceX and credited Musk for making other Silicon Valley leaders comfortable supporting President-elect Trump.
  • Thiel's political contributions extend beyond his notable donations to Vance, Masters, and Trump, including donations to both Republican and Democratic politicians.
View Full Article

Comments (0)

Be the first to comment!