Thiel Gives $3 Million to Group Seeking to Block California Wealth Tax NYT: Technology By:Theodore Schleifer and Ryan Mac 11 January 2026 at 15:47 More large donations from wealthy Silicon Valley figures are expected as they try to marshal opposition to a proposed ballot measure that would impose a new tax on billionaires. © Marco Bello/GettyPeter Thiel donated $3 million to a committee opposing California’s proposed wealth tax, according to a new disclosure.
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