Peter Thiel Purchases $12M Buenos Aires Mansion, Relocates Family Over U.S. Concerns

According to BlockBeats, on May 29, Peter Thiel purchased a $12 million historic mansion in the Palermo Chico neighborhood of Buenos Aires, spanning approximately 17,200 square feet and featuring six bedrooms. He has already relocated his family to the property and met with Argentine President Javier Milei.

Thiel, who holds citizenship in Germany, the United States, New Zealand (acquired 2011), and Malta (2022), is considering Argentina as part of his alternative residency strategy. Sources close to him indicate his relocation stems from concerns about U.S. development, including California's proposed wealth tax, political instability, nuclear risks, and rising anti-AI sentiment.