Peter Thiel's reported move to Argentina highlights billionaires' growing trend of seeking residency abroad
By
Madeline Berg, Ben Shimkus
The kind of bagel that ruins lesser bagels for you.
Summary
Peter Thiel is reportedly relocating to Argentina, joining a growing trend of ultra-wealthy billionaires seeking residences abroad as a hedge against potential instability in the United States. The article explores how Thiel's move aligns with Argentina's new pro-business government under President Javier Milei, and examines the broader phenomenon of billionaires diversifying their citizenship and residency options through "plan B" strategies involving second passports and foreign residences.
Key quotes
· 3 pulledPeter Thiel is reportedly moving to Argentina, part of a trend among billionaires looking to live abroad as they hedge their bets on the US.
Thiel leaves a meeting with Argentina's President Javier Milei in Buenos Aires on April 23, 2026.
The move reflects a growing trend among billionaires seeking a 'plan B' abroad.
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