Controversies are a part of history. Explore the biggest scandals linked to Peter Thiel.
Peter Thiel is a prominent American entrepreneur, venture capitalist, and political activist known for co-founding PayPal, Palantir Technologies, and Founders Fund. He was also the first outside investor in Facebook. As of February 2025, his estimated net worth is $20.5 billion, ranking him among the wealthiest individuals globally. Thiel's activities span technology, finance, and politics, making him a significant figure in multiple domains.
In 1995, Thiel and David O. Sacks published 'The Diversity Myth,' a book criticizing political correctness and multiculturalism in higher education.
In 1995, the Independent Institute published The Diversity Myth: Multiculturalism and the Politics of Intolerance at Stanford, which Thiel co-authored with David O. Sacks. The book critiques political correctness and multiculturalism in higher education.
In 2007, Gawker published an article publicly outing Thiel, headlined "Peter Thiel is totally gay, people."
In 2009, it was reported that Thiel helped fund college student James O'Keefe's "Taxpayers Clearing House" video, a satirical look at the Wall Street bailout.
In a 2009 essay, Thiel stated he no longer believed freedom and democracy were compatible, focusing on new technologies for a "new space for freedom" beyond current politics, an essay referenced by neo-reactionary theorists.
In 2010, Thiel invited conservative columnist Ann Coulter to Homocon as a guest speaker.
In May 2016, Thiel confirmed that he had paid $10 million in legal expenses to finance lawsuits against Gawker Media, including Hulk Hogan's lawsuit.
In August 2016, Gawker announced it was permanently closing due to the $140 million judgment in the Hulk Hogan lawsuit, which Thiel financially supported.
On 15 August 2016, Thiel published an opinion piece in The New York Times arguing for the defense of online privacy beyond just the Gawker case, highlighting his support for the Intimate Privacy Protection Act.
In 2016, Thiel apologized for insensitive statements he made in "The Diversity Myth" regarding the rape crisis movement and multicultural rape charges.
In 2017, Thiel became an early outside investor in Clearview AI, a facial recognition technology startup that has raised concerns due to its potential for weaponization.
By February 2022, Thiel supported 16 senatorial and congressional candidates, several of whom were proponents of the falsehood that there was significant voter fraud in the 2020 election.
In 2021, Business Insider reported that Thiel became an FBI informant.
By February 2022, Thiel was one of the largest donors to Republican candidates in the 2022 election campaign with more than $20.4 million in contributions.
In 2023, Thiel indicated he "has lost interest in democracy" and that "he wouldn’t be giving money to any politician, including Donald Trump, in the next presidential campaign" after disagreeing with the Republican party's focus on cultural issues.