Peter Thiel moves to Buenos Aires, buys $12M home

Billionaire investor Peter Thiel has temporarily relocated with his family to Buenos Aires, Argentina, according to multiple reports. The move involves a significant personal presence in the South American nation but does not constitute a permanent departure from the United States, where the vast majority of his wealth and business interests remain.

Thiel, a co-founder of PayPal and chairman of Palantir, purchased a mansion worth approximately $12 million in the exclusive Palermo Chico neighborhood of Buenos Aires in April. He is currently residing there with his husband and children, who have been enrolled in local schools. People familiar with his plans describe the shift as a temporary relocation rather than a formal emigration.

The billionaire has developed a relationship with Argentina's President Javier Milei, a libertarian economist. The two have held multiple private meetings, including at the presidential palace, where they discussed shared ideological views. Milei has described Thiel as a fellow "anarcho-capitalist" and said their conversations focused on long-term political philosophy. Argentine officials have reportedly considered offering Thiel citizenship or...