Hasta la vista?
Billionaire and investor Peter Thiel reportedly moved his household from the USA to the capital of Argentina, Buenos Aires, as a refuge from high taxes, political turmoil and possible disasters specified as atomic war or AI failure.
The co-founder of PayPal and a longtime player in Silicon Valley met privately with the president of Argentina Javier Milei, bought a residence in 1 of the most exclusive areas of Buenos Aires and temporarily moved the household to that country in South America, According to the fresh York Times.
Peter Thiel reportedly moved his household to Buenos Aires due to the fact that he considers Argentina as a possible "Plan B" in the face of concerns from advanced taxes, atomic war to artificial intelligence. REUTERS
Sources told the paper that Thiel had made this decision out of concerns about the US's political direction, especially in California, where more than half of the voters support proposed wealth taxation for billionaires.
The investor became curious in Argentina erstwhile the proposal became popular, and considered breaking up cooperation with California until the end of last year, reported the Times.
His private investment firm, Thiel Capital, opened an office in Wynwood, Miami on December 31, erstwhile California residents considered the proposed taxation — which according to Bloomberg threatened the investor with a immense ten-digit tax.
One of Thiel’s concerns is the anticipation of atomic war in the Northern Hemisphere — which makes the comparatively distant corner of South America an attractive option, as the Times stated.
Other members of the global elite, like his friend Thiela Martin Varsavsky, have a akin opinion, according to the article.
"When China takes over Taiwan or Russia Lithuania, I am in Buenos Aires," quoted Varsavsky, a Spanish-Argentinian technology entrepreneur. "It's good to have Plan B for civilization."
President Javier Milei (second to right) and Argentine officials welcome billionaire-investor Peter Thiel (third to left) during a gathering at the Casa Rosada presidential palace in Buenos Aires last month. Oficina del Presidente / X
According to reports, Thiel enrolled his children in a school in Buenos Aires and bought a game in close Uruguay.
Thiel, a supporter of president Trump, besides established close relations with Milei, a libertarian whose fight against taxes, regulations and government spending is closely consistent with his own worldview, according to the Times.
They first met in 2024, and Thiel has since held private meetings with the leader, reported the newspaper.
The government of Argentina is considering granting Thiel citizenship or permanent residence, told the Times a individual acquainted with his plans, although Milei's spokesperson denied it.
This decision fits into the life of Thiel, a full journey around the world.
He was born in Germany, raised in the United States and gained citizenship of fresh Zealand in 2011 under a peculiar provision that allowed the government to issue him a passport despite failing to meet the standard requirements of his stay in the country, he noted the Times.
A billionaire investor reportedly bought a residence in Buenos Aires. Getty Images for The Cambridge Union
Later, according to erstwhile reports, he sought citizenship in Malta, which sparked criticism that a billionaire was forming a portfolio of reserve jurisdictions in case of deterioration in another places.
In fresh years, Thiel has increasingly cited spiritual and apocalyptic motives during public appearances.
During interviews and speeches he frequently spoke of Antichrist and warned that fear of existential threats could be utilized to justify the creation of a "universal" government with broad powers.
The Times reported that these interests followed him to Buenos Aires.
During a fresh dinner at his residence, the conversation reportedly came down on Antichrist, which became 1 of the billionaire's favourite themes.
https://nypost.com/2026/05/29/business/peter-thiel-moves-family-to-argentina-to-flee-taxes-ai-meltdown-potential-nuclear-war-report/
