Peter Thiel Spends $10M To Back His CEO’s Senate Bid

Politico reports:

Libertarian tech titan Peter Thiel is spending $10 million to boost one of his closest allies in next year’s Arizona Senate race, a contest crucial to the fight for the majority.

The billionaire is coming out in support of Blake Masters, the chief operating officer of Thiel Capital and the president of the Thiel Foundation, who is expected to soon enter the race. Thiel, who co-founded PayPal, is bankrolling Saving Arizona PAC, a newly formed, pro-Masters super PAC, according to a person familiar with the investment.

Thiel is emerging as one of the biggest donors of the 2022 election cycle, spending heavily to bolster close associates who are seeking office. He recently cut a $10 million check to a super PAC supporting author J.D. Vance, who is expected to run for Ohio’s open Senate seat.

Read the full article. Last year Thiel donated $2 million to Kris Kobach’s ultimately failed Senate run.

Peter Thiel makes $10M bet on associate in Arizona Senate race https://t.co/zivp8qTUrB via @politicoalex @politico

— Quint Forgey (@QuintForgey) April 26, 2021