Skip to content
Subscriber Only

Peter Thiel Is Ditching San Francisco for Los Angeles

Video player cover image
Why Peter Thiel Is Backing Away From Silicon Valley
Updated on

Peter Thiel is calling it quits in San Francisco.

The conservative billionaire will relocate his personal funds Thiel Capital and the Thiel Foundation to Los Angeles in the next few months, according to people familiar with the situation. Thiel’s 50-person staff will also relocate, one of the people said. They asked not to be identified talking about private plans.