https://www.forbes.com/sites/brianbushard/2022/10/15/billionaire-trump-backer-peter-thiel-seeks-malta-citizenship-report-says/
Billionaire venture capitalist, PayPal cofounder and major MAGA Republican donor Peter Thiel is seeking citizenship in the Mediterranean island nation of Malta, according to a New York Times report, although his intentions behind the citizenship are not yet clear.
Although a Malta citizenship would not provide Thiel with a significant tax benefit, the New York Times reported, it could provide him a multi-million-dollar compound and an escape from the U.S.—he has expressed extreme dissatisfaction with the direction the country is headed, increasingly funneling his multibillion-dollar net worth into pro-MAGA candidates.
Thiel, a self-described conservative libertarian who co-founded Palantir Technologies and PayPal and served on Facebook’s board of directors until February, has poured roughly $30 million into GOP campaigns ahead of the November midterm elections, Politico reported. Candidates he’s funded include fellow venture capitalists Blake Masters, who is running for a seat in Arizona, and J.D. Vance, in Ohio—both were endorsed by former President Donald Trump.