Billionaires Thiel and Uihlein Pump Millions Into Republican PAC

Billionaire Peter Thiel, who helped fund Donald Trump’s first run for president, is ramping up his engagement with federal politics again after sitting out the 2024 election cycle.

The Palantir Technologies Inc. co-founder donated $1.5 million to conservative political action committee Club for Growth Action in February, according to a new Federal Elections Commission filing.

Peter Thiel

Photographer: Eva Marie Uzcategui/Bloomberg

The Restoration of America PAC, largely funded by billionaire Richard Uihlein, also gave an additional $2.5 million last month to the super PAC arm of the Club for Growth, which advocates against high taxes and government regulation.

Known for making ...