Are we witnessing a billionaire bug out as yet another mega-monied guy searches for fewer restrictions on that hard-earned paycheck? Gov. Gavin Newsom’s hot mess of California is a leading motivator. Gov. Kathy Hochul telling her New York billionaires to leave the state, well, they complied, and now the mayor of the largest US city is running with scissors. Why wouldn’t the rich want to escape? But this is about more than a few blue states in the United States: Peter Thiel, a conservative who backed President Donald Trump, co-founded PayPal and Palantir, and, as of December 2025, had a net worth of $27.5 billion, is looking to the northern coast of South America as an option if implosion is imminent. “¡Bienvenidos a Argentina!”
Having riches beyond what one can spend in a lifetime, Thiel must be attempting to create a new Guinness World Record category of legal citizenship accumulation. He needs a hobby. The tech giant is up to three, currently, and he’s not even 60 years old. Born in Germany (1), naturalized in the United States (2), and in 2011 he wrangled another one in New Zealand (3). Most recently, Thiel supplanted himself to Argentina, and obvious nesting habits are underway.
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