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Billionaire Peter Thiel Gives Another $1.7 Million to Ron Paul Super PAC

2/20/2012 @ 6:14AM

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Billionaire Peter Thiel has poured $1.7 million more into a super PAC supporting presidential candidate Ron Paul, bringing his total contributions to $2.6 million.

Reports filed with the Federal Election Commission today show that Thiel, a Silicon Valley investor, made the additional contributions to the Endorse Liberty PAC in the first half of January.

Thiel, a libertarian, is the single largest donor to the PAC.

With an estimated wealth of $1.5 billion, Thiel was a co-founder of PayPal and an early investor in Facebook, LinkedIn and Zynga. He started the hedge fund Clarium Capital in 2005.

PayPal co-founders Luke Nosek and Scott Banister also have donated to Paul’s super PAC, although in much smaller amounts. Banister gave $50,000 in December. Nosek gave $10,001 in January.

Endorse Liberty announced last month that two officials of the Thiel Foundation, Jonathan Cain and James O’Neill, had also supported the PAC’s efforts. Their names are not in today’s filing, which lists donations through January.

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Billionaire Peter Thiel Gives Another $1.7 Million to Ron Paul Super PAC - Forbes

Billionaire Peter Thiel Gives Another $1.7 Million to 'Endorse Liberty' Super PAC | Ron Paul 2012 | Peace . Gold . Liberty

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