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Post Reports

The right-wing rise of tech billionaire Peter Thiel

Post Reports

The Washington Post

Daily News, Politics, News

4.45.1K Ratings

🗓️ 11 August 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Billionaire Peter Thiel was one of Facebook’s first investors. Now, more than a decade later, Thiel is investing in a slate of right-wing candidates in the midterms. Reporter Elizabeth Dwoskin explains Thiel’s rise. 


Read More:


Elizabeth Dwoskin reports on how Peter Thiel went from Facebook investor to an architect of the new American right. 

Transcript

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0:00.0

Hey there, it's Martine.

0:04.8

So on our show, we have brought you a lot of coverage of the midterm elections.

0:09.4

The primary races, the people running to be your elected officials, the big themes and

0:14.0

issues that American voters really care about right now.

0:17.3

Today, we're looking at another big aspect of our elections.

0:21.3

Who is funding them?

0:23.4

It's something our politics producer, Arjun Stain, has been thinking about for months.

0:27.8

Who exactly are the major players financing the candidates?

0:31.8

Arjun is taking over the show today, and he's going to bring you the story of one of the

0:35.8

biggest political spenders in the midterms so far.

0:39.8

Tech billionaire Peter Teal.

0:42.0

I don't agree with everything Donald Trump has said and done.

0:47.0

And I don't think the millions of other people voting for him do either.

0:52.0

Nobody thinks his comments about women were acceptable.

0:55.6

I agree they were clearly offensive and inappropriate.

1:01.1

But I don't think the voters pull the lever in order to endorse a candidate's flaws.

1:07.5

In 2016, billionaire Peter Teal stunned a lot of people when he entered into Republican

1:13.1

politics for the first time.

1:15.4

And his candidate of choice was Donald Trump.

1:19.0

It's not a lack of judgment that leads Americans to vote for Trump.

1:25.2

We're voting for Trump because we judge the leadership of our country to failed.

1:32.4

This was notable because Teal had made most of his money funding tech companies like Facebook

...

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