• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Leadership

Peter Thiel Congratulates Donald Trump on His Win

By
Madeline Farber
Madeline Farber
Down Arrow Button Icon
By
Madeline Farber
Madeline Farber
Down Arrow Button Icon
November 9, 2016, 3:14 PM ET
PayPal Inc. Co-Founder Peter Thiel Interview
Bloomberg — Getty Images

Peter Thiel, one of Donald Trump’s rare Silicon Valley supporters, is the latest in line to offer the president-elect his congratulations.

“Congratulations to president-elect Donald Trump. He has an awesomely difficult task, since it is long past time for us to face up to our country’s problems,” the billionaire and venture capitalist first told CNBC. Thiel also serves on Facebook’s (FB) board of directors and is the co-founder of PayPal (PYPL).

Thiel first announced his support for Trump in May, which, at first, came as a surprise: Trump has taken issue with Silicon Valley and some of its top execs since the start of his campaign, from calling Amazon’s Jeff Bezos a scammer, saying Facebook’s Mark Zuckerberg is discriminatory, and arguing Apple (AAPL) is unpatriotic.

On the flip side, however, most of the rhetoric among Silicon Valley’s top execs has been anti-Trump, CNBC notes. This leaves Thiel relatively alone in his support for Trump.

But Trump isn’t the first GOP candidate Thiel, who’s a Libertarian, has supported. He endorsed Mitt Romney in 2012, and donated a whopping $2 million to Carly Fiorina’s super PAC. This year, Thiel reportedly spent over $1 million backing the now president-elect, according to CNBC. He also addressed the Republican National Convention in July.

About the Author
By Madeline Farber
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.