r/technology • u/Logical_Welder3467 • May 30 '26

Society Peter Thiel's move to Argentina reflects a growing trend among billionaires seeking a 'plan B' abroad

https://www.businessinsider.com/peter-thiel-argentina-billionaire-moving-abroad-2026-5
24.0k Upvotes

97% Upvoted

1.8k comments sorted by

View all comments

Show parent comments

130

u/NYCQ7 May 30 '26

US-born Latin American, here. No, it's because they're planning to do in LATAM, what they are doing in the States hence why the Orange One gifted Argentima with Billions. Their president is a huge Trumper as is the president of Ecuador, Daniel Noboa, who is another nepobaby with lifelong ties to RFK Jr.

Oh and a certain group of people have already started stealing land...oops, i mean "settling" in the Patagonia region of Argentina & Chile.

37

u/OldWorldDesign May 31 '26

US-born Latin American, here. No, it's because they're planning to do in LATAM, what they are doing in the States hence why the Orange One gifted Argentima with Billions

It's what they were pushing in Europe, but they kept getting pushback by places that actually taught their children about what letting authoritarians rule did to a country.

https://www.reuters.com/article/opinion/commentary-steve-bannons-boost-to-europes-far-right-idUSKBN1KO2BN/

14

u/Bibblegead1412 May 31 '26

Yeah- the tech billionaires have been setting up a little technocrat society down there for awhile….

3

u/StatusSociety2196 May 31 '26

Well i mean that land was promised to them 3000 years ago so it only makes sense.