Buenos Aires — The world’s gaze fell on Argentina again this week, after the participation of the Argentine president, Javier Mileiin the forum organized this Monday by Milken Institute in the city of The Angels. It is that after his speech at that summittwo pieces of news emerged with the potential to move the ammeter of the investment climate: on Tuesday, the American magnate, Stanley Druckenmiller said in a report who had bought five Argentine shares. Meanwhile, andThis Wednesday it emerged that the president met in Buenos Aires with the renowned technology investor, Peter Thiel.
Thiel’s fortune amounts to $10.1 billion, according to the Bloomberg News Billionaires Index, placing him 243rd among the richest people on the planet.
This was confirmed by Bloomberg Línea with the president himself, after the Argentine businessman’s publication about it in X, Alec Oxenford, who accompanied Thiel on his visit to Casa Rosada. The Argentine commented on that social network that he visited “Javier Milei at the Casa Rosada with Peter Thiel, who told me that he believes Milei’s ideas are as relevant globally as they are for Argentina. I totally agree”.
This media outlet contacted the Presidency’s press office, but did not obtain a response with information regarding what was discussed between the parties during the meeting. Bloomberg Línea also wrote to Oxfordfounder of OLX, co-founder of Alpha Capital and actually Managing Partner on Myelin VC, but did not immediately receive a response.
Who is Peter Thiel?
Thiel is a renowned investor of venture capital, or venture capital, focused on the technology sector. Besides, He has been a significant donor to the American Republican Party: he injected about US$1.25 million into the campaign of Donald Trump, who was elected in 2016.
However, facing the electoral contest of this 2024, he has chosen to not financially support any of the presidential candidates. In fact, this year he has been critical of the party he supported in 2016, disagreeing with the Republican Party’s approach to certain cultural issues. Furthermore, he believes that this time private funds may not have as much influence at the presidential level as in other political races.
Thiel’s fortune amounts to $10.1 billion, according to the Bloomberg News Billionaires Index. placing him in position 243 of the richest people on the planet.
In which companies has Thiel invested?
Some Thiel’s most well-known and successful investments include:
- PayPal: Co-founded PayPal, an online payment system, in 1998. The company revolutionized online payment processing and quickly became a leading player in the industry. PayPal’s success led to its acquisition by eBay in 2002 for $1.5 billion.
- Facebook (Goal): Invested early in Facebook, the social media giant launched by Mark Zuckerberg. In 2004, he made a $500,000 investment in the company, which played a crucial role in Facebook’s early growth and development. Thiel’s investment in Facebook generated significant returns, making him one of the richest venture capitalists.
- Palantir Technologies: Thiel co-founded Palantir Technologies in 2003. The company specializes in data analytics and has contracts with several government agencies and private organizations. Palantir went public in 2020, and Thiel’s stake in the company has been a significant source of wealth for him.
- SpaceX: He is also known for his investment in SpaceX, the aircraft and space transportation manufacturing company founded by Elon Musk. Thiel’s early investment in SpaceX helped the company in its early years and contributed to its success in the space exploration and transportation revolution.
- Stripe: You are an investor in Stripe, a fintech company that provides payment processing services for online businesses. Stripe has grown rapidly and become one of the major players in the online payments industry.
