PayPal cofounder Peter Thiel donates $250,000 to Trump re-election

Billionaire PayPal cofounder Peter Thiel donates $250,000 to Trump re-election fundraising committee as president reports $100 MILLION haul

  • His July contribution was the first to the Trump Victory Committee since 2016
  • Thiel got a speaking role at the GOP convention
  • The contribution made him the largest donor for the quarter 
  • Trump lawyer Marc Kasowitz was another contributor 
  • The PayPal cofounder was involved in the transition but also said it has been ‘a crazier two years than I would have thought’ 

Billionaire PayPal cofounder Peter Theory has contributed $250,000 to the Trump Victory Committee – making him the largest contributor for the quarter to the joint fundraising group.

Thiel, who spoke at the 2016 Republican National Convention, hasn’t made a donation to the committee since the 2016 election.

Thiel was involved in the Trump transition, but there have been mixed signals about whether he was still onboard the Trump train. 

PayPal cofounder Peter Thiel has contributed $250,000 to a joint fundraising committee for President Trump

He was critical with how things have proceeded, without getting too far into specifics, in a New York Times interview. 

‘It’s been a crazier two years than I would have thought… There are all these ways that things have fallen short,’ he told the paper. But he allowed: ‘It’s still better than Hillary Clinton or the Republican zombies.’ 

Peter Thiel speaks on the fourth day of the Republican National Convention on July 21 2016 at the Quicken Loans Arena in Cleveland, Ohio

‘It’s been a crazier two years than I would have thought,’ Thiel said of the Trump administration


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Trump lawyer Marc Kasowitz was another top contributor, giving $50,000, CNBC reported.

U.S. Steel gave $100,000 – at a time when Trump has antagonized allies and adversaries with steel and aluminum tariffs.

Thiel gave $1 million during the 2016 campaign, the San Jose Mercury News reported. making him a top tech donor for Trump and the Republicans.

Trump has raised about $106 million since taking office, the Washington Post reported.

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