Thiel Donates $3 Million to Fight California Wealth Tax Proposal
Originally Published 15 hours ago — by The New York Times

Venture capitalist Peter Thiel donated $3 million to a California Business Roundtable political committee opposing a proposed wealth tax on billionaires, part of a broader push by Silicon Valley elites to defeat the measure ahead of the November ballot; the donation marks the first seven-figure contribution in the effort and more large gifts are expected.