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August 15, 2024

Thiel manufactures politicians from former employees with $30 million investment strategy

Time
Rolling Stone
buckscountybeacon.com
The New Republic
ashleynyadongo.medium.com
+58

Thiel spends $30 million making employees into senators

Peter ThielPeter Thiel spent $15 million on J.D. VanceJ.D. Vance's 2022 Senate campaign through Protect Ohio Values super PAC

Thiel spent $20 million on Blake Masters' 2022 Arizona Senate campaign through Saving Arizona PAC

Thiel hired Vance at his venture capital firm Mithril Capital in 2017 before funding his political career

Blake Masters was chief operating officer of Thiel Capital and president of Thiel Foundation before running for Senate

Thiel brought Vance to his first meeting with Trump at Mar-a-Lago in February 2021, according to New York Times

Vance called Thiel's Yale Law School talk 'the most significant moment' of his time there

Masters received Trump's endorsement in June 2022 but lost to incumbent Mark KellyMark Kelly in November

Thiel steered at least $200,000 to Vance's super PAC through his controlled dark money group Per Aspera Policy

🔐Ethics💰Economy🗳️Elections

What you can do

1

Research the employment history of candidates to identify which billionaires created their political careers

2

Support campaign contribution limits that prevent individual donors from spending more than $5,000 per candidate

3

Vote in Republican primaries for candidates who reject mega-donor money and fund campaigns through small donations

4

Contact senators at 202-224-3121 demanding hearings on billionaire influence over candidate selection processes

5

Monitor super PAC filings at FEC.gov to track which billionaires are manufacturing politicians in your state

6

Join campaign finance reform groups like Issue One at issueone.org fighting mega-donor influence on elections