Peter Thiel Buys Buenos Aires Mansion as Billionaire Seeks Argentina Plan B
Updated
Updated · The New York Times · May 28
Peter Thiel Buys Buenos Aires Mansion as Billionaire Seeks Argentina Plan B
1 articles · Updated · The New York Times · May 28
Over the past two months, Peter Thiel has shifted from Los Angeles and Miami to Buenos Aires, buying a mansion and building a foothold in Argentina.
Two people familiar with his thinking said the move reflects worries about the United States, especially a California ballot initiative that could impose a major tax on billionaires.
Thiel has also met President Javier Milei and cabinet ministers, signaling interest in deeper ties as he weighs Argentina as another backup country.
Argentina fits risks Thiel has long warned about — from Northern Hemisphere conflict to nuclear war and runaway AI — after earlier securing New Zealand citizenship in 2011 and seeking a Malta passport in 2022.
Is Thiel's Argentine bet a libertarian utopia or a failing state?
When billionaires buy backup countries, who holds the real power?
Can Thiel escape a surveillance 'Antichrist' while his own company helps build it?