peter thiel

Silicon Valley billionaire investor Peter Thiel reportedly told two of his classmates at Stanford that he thought South Africa's former apartheid system of government was "a sound economic system."

This comes after years of litigation in the invasion of privacy lawsuit involving Gawker's publication of a sex tape featuring Bollea and a former friend's wife. The case drove Gawker to bankruptcy.

Peter Thiel is an openly gay libertarian billionaire financier, co-founder of PayPal and early Facebook investor. "Fake culture wars only distract us from our economic decline," he says.

Donald Trump caps a chaotic Republican National Convention on Thursday night. Other speakers include his daughter Ivanka and tech giant Peter Thiel.