US billionaire Peter Thiel plans to move to Argentina amid wealth tax fears: NYT

Billionaire Peter Thiel, co-founder of US defence technology firm Palantir Technologies, is considering moving to Argentina, the NYT reported. He is reportedly concerned about a proposed billionaire tax being considered in his home state of California. One of US President Donald Trump's notable donors, Thiel has reportedly purchased a $12 million mansion and moved his family to Argentina.