First published onPhoto: MARCO BELLO / AFPUS tech billionaire Peter Thiel appears to have abandoned his plans to build a 330m-long luxury lodge overlooking Lake Wānaka. The build would have accommodated up to 30 guests, and supported between 15 and 30 staff. A co-founder of PayPal and Palantir Technologies, and an early investor in Facebook, Thiel became a New Zealand citizen in 2011. Thiel began his official affiliation with the party when he served on Trump's transition team. According to CBS, Thiel poured US$15 million ($24.7m) into Vance's 2022 campaign as well as nurturing his political rise.

Source: New Zealand Herald July 28, 2024 14:23 UTC