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Peter Thiel plans to leave Facebook owner Meta’s board

Billionaire tech investor will focus on ‘political endeavours’ as he promotes Trump-aligned candidates

Peter Thiel will not seek re-election to the board of Facebook’s owner Meta later this year, the social media group said on Monday

Thiel, a billionaire tech investor and Silicon Valley’s most prominent supporter of the former president Donald Trump, took the decision in order to focus on “political endeavours” and “avoid that being a distraction for Facebook”, said a person familiar with his thinking.

Thiel intends to focus his support on Republicans aligned with Trump’s agenda, such as Blake Masters and JD Vance, who are seeking election to the Senate in the 2022 midterm elections, the person said.

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