Just last year, 12 of the 16 federal-level candidates who received a share of Thiel’s $35 million in donations won their races, according to data from Open Secrets.
Billionaire entrepreneur Peter Thiel told business associates he won’t donate to any candidates in the 2024 elections because he’s unhappy with the GOP’s culture war focus, ReutersPeter Thiel offers a pair of hundred dollar bills to attendees during a keynote address at theBitcoin Conference on April 7, 2022, in Miami Beach, Florida. Thiel is reportedly planning not to donate to any political candidates in the 2024 election, despite being a major GOP donor in recent years.
But he decided late last year not to donate to U.S. political candidates in next year’s cycle, with unnamed business associates telling Reuters Thiel believed Republicans should worry about innovation and competing with China rather than culture issues. The unnamed business associates who spoke to Reuters about the situation said Thiel identified issues like abortion and transgender bathroom rights as examples.In the past, Thiel has made himself a crucial donor for Republican candidates, giving millions of dollars in elections dating back to 2000.
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