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Thiel’s Argentinian Stay: A Billionaire Tests Milei’s Libertarian Vision

Hacker News •
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Peter Thiel has moved his family to Buenos Aires, lured by President Javier Milei’s libertarian agenda. The Palantir founder plans a three‑month stay, enrolling his children in a private school and buying property in Palermo Chico.

Thiel’s arrival follows Milei’s 2023 reforms that cut public spending and slashed inflation from 290% to 32.4%. The move signals that high‑regulation busters are eyeing Argentina’s new citizenship‑by‑investment plan.

During a Superclásico match and a chess tournament where he placed third, Thiel met Milei’s top ministers and praised the president’s stance on wealth taxes. The billionaire’s presence underscores Milei’s growing appeal among global investors.

Thiel’s decision, backed by his long‑standing tech‑investment portfolio and prior libertarian ties, confirms that Argentina has become a testing ground for deregulation ideas embraced by Silicon Valley’s elite.