Peter Thiel in Argentina—Are Billionaires Leaving the US? What Data Show
Citizenship renunciations reached about 5,000 in 2024, while surveys show many billionaires are choosing part-time moves and multiple residences instead of leaving the United States.
- Peter Thiel, the 58-year-old co-founder of PayPal and Palantir, has reportedly purchased a villa in Buenos Aires and enrolled his two children in local schools, shifting personal interests to Argentina.
- Thiel met with Argentine President Javier Milei at the Casa Rosada, drawn to the nation's deregulatory agenda after seeking to distance himself from potential wealth taxes in California.
- Viewing Argentina as an 'escape hatch,' Thiel maintains a Buenos Aires residence for excitement alongside a property in Punta del Este, Uruguay, serving as a potential backup refuge.
- Data from the Treasury Department indicates citizenship renunciation reached roughly 4,800 in 2024, though around 36 percent of surveyed billionaires maintain multiple residences rather than fully abandoning the United States.
- The ultra-wealthy no longer view the United States as their single home country, experts suggest, preferring to strategically diversify assets and citizenships to mitigate risks associated with political and economic instability.
26 Articles
26 Articles
Billionaire Peter Thiel Relocates to Argentina Over Taxes and Nuclear War Fears
Peter Thiel, former CEO of PayPal. Credit: Gage Skidmore / Flickr / CC BY-SA 2.0 Billionaire Peter Thiel has moved his family to Argentina, settling in Buenos Aires amid concerns about high taxes in California and fears of nuclear conflict. The former PayPal co-founder, 58, purchased a mansion in one of the city’s most exclusive neighborhoods, enrolled his children in a local school, and has met with top government officials since arriving in Ap…
The American tech entrepreneur moves to Buenos Aires. He has been searching for a safe haven for years.
According to the New York Times, the multi-national billionaire Peter Thiel, co-founder of PayPal, Palantir Technologies and Founders Fund, changed his airs last April and came to stop, who would say, in the Buenos Aires of Javier Milei. Installed with his husband and two children in a mansion of 1,600 square meters and $12 million in the class Barrio Parque, Thiel has shown taste for aculturation. He has already played a local chess tournament,…
The technology investor and Trump supporter Peter Thiel probably has enough of the USA. He has settled in Argentina.
J.D. Vance's Billionaire Backer Peter Thiel Moves Family to Argentina While 2028 White House Bid Wobbles
For years, Peter Thiel and J.D. Vance appeared to represent one of the most powerful partnerships in American politics. One brought immense wealth and influence from Silicon Valley, while the other emerged as a rising conservative star with ambitions that seemed destined for the White House. But as Thiel relocates his family to Argentina and reports suggest Vance is rethinking a 2028 presidential campaign, questions are growing over whether thei…
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