Home / Politics / Peter Thiel gives six figures to Republican National Committee 

Peter Thiel gives six figures to Republican National Committee 


Peter Thiel, American entrepreneur, venture capitalist, and hedge fund manager.

Adam Jeffery | CNBC

Peter Thiel, American entrepreneur, venture capitalist, and hedge fund manager.

Venture capitalist and Republican mega-donor Peter Thiel has made his first six-figure splash in the 2018 midterm election cycle, according to newly posted Federal Election Commission records.

The RNC saw Thiel, a billionaire philanthropist who has been conspicuously silent throughout the run up to the congressional midterm elections, give $101,700 to its cause in July. It is the biggest amount he has donated to a political cause since the 2016 presidential election, according to records.

He had previously made a donation of more than $66,000 in September 2017 to the National Republican Congressional Committee, which works to elect GOP members of Congress.

In the lead-up to Thiel’s latest donation, allies of President Donald Trump were concerned that the PayPal co-founder and early Facebook investor would be absent in this year’s midterms after he was given a cold shoulder by some members of the administration.

However, Trump-aligned super PACs such as America First Action, have been preparing to court Thiel in an effort to bring him into the fray.

The RNC raised $14.2 million throughout the month of July, bringing its total haul for the 2018 election cycle to $227 million.

This is a developing story. Check back for updates.

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