Billionaire Trump-Backer Peter Thiel Seeks Malta Citizenship, Report Says
https://www.forbes.com/sites/brianbushard/2022/10/15/billionaire-trump-backe... Billionaire venture capitalist, PayPal cofounder and major MAGA Republican donor Peter Thiel <https://www.forbes.com/profile/peter-thiel/?sh=2be0ae06533a> 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 <https://www.nytimes.com/2022/10/15/technology/peter-thiel-malta-citizenship.html>, 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 <https://www.theguardian.com/technology/2022/oct/15/peter-thiel-who-is-he-republican-donor-tech-entrepreneur> 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.
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Gunnar Larson