The Paypal Mafia’s lynchpin is putting his vast tech fortune to work for candidates aligned to Trump’s agenda in the midterms
, a group that included Elon Musk, is establishing himself as a serious power player in American rightwing politics by wielding the power of his vast fortune.
Earlier this year Thiel stepped down from the board of Meta, where he was an early investor, and a long-serving adviser to CEO. “He wanted to avoid being a distraction for Facebook,” according to a person close to Thiel. With his resignation effective this month, the source told Forbes Thiel “thinks that the Republican Party can advance the Trump agenda and he wants to do what he can to support that”.
Thiel stayed out of the 2020 presidential race, and instead donated $2.1m to a super Pac supporting Kris Kobach, the Kansas secretary of state who had proposed creating a registry of Muslim immigrants and visitors. “They might be Trump supporters, but their portfolio and persona waters down the connection,” Krumholz adds.
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