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Republican megadonor Peter Thiel won't fund any candidates in 2024: reports

Last Updated: April 26, 2023 at 9:25 p.m. ET First Published: April 26, 2023 at 9:23 p.m. ET Billionaire gave more than $35 million to GOP candidates in 2022 election cycle Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, waves $100 bills as he speaks during the Bitcoin 2022 Conference in Miami last
Financial Press

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republican-megadonor-peter-thiel-won't-fund-any-candidates-in-2024:-reports

Billionaire gave more than $35 million to GOP candidates in 2022 election cycle

Peter Thiel, co-founder of PayPal, Palantir Technologies, and Founders Fund, waves $100 bills as he speaks during the Bitcoin 2022 Conference in Miami last April.

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Tech billionaire and major Republican donor Peter Thiel does not plan on funding any political candidates in 2024, according to reports Wednesday.

Reuters and Bloomberg News reported Thiel is unhappy that the Republican Party is focusing its efforts on culture-war issues, such as abortion restrictions and anti-trans laws, rather than trying to keep American industry innovative and competitive with China.

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