Peter Thiel acquires $12 million mansion in Buenos Aires as interest from Silicon Valley in Argentina grows

Yahoo Finance AI · April 27, 2026

AI Summary

•PayPal co-founder and Palantir Technologies Chairman Peter Thiel purchased a 17,200-square-foot estate in Buenos Aires' Palermo Chico neighborhood for about $12 million, designed by Argentine architect Alejandro Bustillo and featuring six en-suite bedrooms and a marble staircase.
•The acquisition follows reported meetings between Thiel and Argentina's President Javier Milei, who has implemented a libertarian austerity program that has drawn significant interest from Silicon Valley capital.
•A Buenos Aires-based consultancy indicated the purchase "won't be his last property purchase" and noted that Thiel's associates are actively scouting additional assets in the city.

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