Thursday, February 15, 2018

Billionaire Investor Peter Thiel Packs Up From Silicon Valley, Moves To LA

Peter Thiel, the highly visible, and controversial, billionaire investor and venture capitalist who co-founded PayPal, is moving to Los Angeles, according to a report from the WSJ this morning. According to the report, Thiel is moving both his home and personal investment firms to LA, and also is considering resigning from Facebook's board. Thiel bought a house above the Sunset Strip six years ago, the report says, and plans to set up new LA headquarters for Thiel Capital and Thiel Foundation.

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