Peter Thiel's move to Argentina reflects billionaire trend

Summary: Peter Thiel and other super-rich people are treating their lives like an investment. They are getting second passports and moving to places like Argentina, New Zealand, and Costa Rica. Why? They want a "Plan B" to escape high taxes in places like California and New York. Some are also worried about big global threats like AI or war. Even though Argentina has a history of money problems, for billionaires, it's just another safe door to keep open in an emergency.

Source: rssapp-insider-com-entertainment URL: businessinsider.com/peter-thiel-argentina-billionaire-moving-abroad-2026-5 (opens in new tab)