Monday, February 20, 2012

Billionaire Peter Thiel donates another $1.7 million

Billionaire Peter Thiel has poured $1.7 million more into a super PAC supporting presidential candidate Ron Paul, bringing his total contributions to $2.6 million.

Reports filed with the Federal Election Commission today show that Thiel, a Silicon Valley investor, made the additional contributions to the Endorse Liberty PAC in the first half of January.

Thiel, a libertarian, is the single largest donor to the PAC.

With an estimated wealth of $1.5 billion, Thiel was a co-founder of PayPal and an early investor in Facebook, LinkedIn and Zynga. He started the hedge fund Clarium Capital in 2005.
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via Lew Rockwell


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