May. 29 at 9:49 PM
$PLTR
Billionaire Investor Makes Unexpected Move to Argentina
Tech heavyweight Peter Thiel has temporarily relocated to Argentina with his family. According to the New York Times, the PayPal co-founder and Palantir chairman purchased a
$12 million mansion in Buenos Aires' elite Barrio Parque and enrolled his children in a local school.
Thiel’s move reflects his concerns over U.S. politics, particularly the proposed 5% billionaire wealth tax in California. Close to Argentina's libertarian President Javier Milei, Thiel sees the country as a “Plan B refuge” in the Southern Hemisphere, offering security against global geopolitical turmoil, nuclear threats, and uncontrolled AI risks.