They are among the richest people in their country and are politically active – but then it ends with the obvious similarities between Michael Bloomberg and Peter Thiel. Above all, their attitude towards US President Donald Trump could hardly be more different.
Bloomberg – with assets of US $ 55 billion – founded the finance company of the same name and wanted to run for the Democrats in the presidential election. He considers incumbent Trump to be a pawn catcher. Thiel, of German descent – worth 2.6 billion dollars – helped build the payment service provider PayPal and was one of the first Facebook investors. He is a Trump supporter, one of the few in the tech world. In the current election campaign, he wants to hold back.
A little known fact: you both believe in fintech start-ups. With their respective funds, they are involved in six of the most important financial start-ups in German-speaking countries, and in some cases the two have also invested together.
You can read the whole story today at Finance Forward, the finance portal of Personal-Financial.com and OMR. You can register for the daily newsletter here.