Peter Thiel

Joe Lonsdale: A Key Player in Silicon Valley’s Emerging Right-Wing

In the world of Silicon Valley, where liberal politics often dominate the landscape, Joe Lonsdale stands out as one of tech’s most influential right-wing voices. Co-founder of data analytics giant Palantir Technologies and investment firm 8VC, Lonsdale has emerged as a significant figure not just in technology and venture capital, but in right-wing political circles as well.

The Thiel Connection: Mentorship and Collaboration

Lonsdale’s career has been deeply intertwined with that of Peter Thiel, the billionaire entrepreneur and right-wing political donor. Their relationship began during Lonsdale’s college years at Stanford University, where he was editor-in-chief of The Stanford Review, a publication Thiel had co-founded years earlier. This shared intellectual foundation would prove formative for their future collaborations.

After graduating from Stanford with a computer science degree in 2004, Lonsdale joined Thiel at Clarium Capital, a global macro hedge fund. As an early executive there, Lonsdale helped grow the fund to $8 billion in assets under management, working closely with Thiel and absorbing his contrarian investment philosophy and political worldview.

The most significant product of their partnership came in 2004, when they co-founded Palantir Technologies along with Alex Karp, Stephen Cohen, and Nathan Gettings. Named after the all-seeing stones from “The Lord of the Rings,” Palantir focused on data analytics with applications in defense, intelligence, and corporate settings. The company received early investment from the CIA‘s venture fund, In-Q-Tel, setting it on a path to become deeply embedded in government and defense workβ€”a connection that would later align with Lonsdale’s political activities.

Building an Empire: From Palantir to 8VC

While Lonsdale left his operational role at Palantir in 2009, he continued as an advisor while launching a series of new ventures. He founded Addepar, a wealth management platform now managing over $4 trillion in assets, and co-founded OpenGov, which provides cloud-based software for government budgeting.

In 2015, Lonsdale founded 8VC, a venture capital firm that now manages over $6 billion in capital. Through 8VC, he has invested in companies like Oculus, Guardant Health, Oscar, Wish, and Flexport, expanding his influence throughout the tech industry. The firm’s name itself reflects Lonsdale’s philosophyβ€”the number 8 representing infinity when turned sideways, suggesting limitless potential.

Joe Lonsdale, tech billionaire and right-wing backer of Musk and Trump

Political Activities and Right-Wing Advocacy

Unlike many Silicon Valley elites, Lonsdale has been unabashedly outspoken about his right-wing political views. Following in the footsteps of his mentor Thiel, he has emerged as an active Republican donor and fundraiser, using his considerable wealth and influence to support right-wing candidates and causes.

In 2020, Lonsdale made headlines when he joined the exodus of tech leaders leaving San Francisco for more conservative locales, relocating his family and business to Austin, Texas. He publicly criticized California’s “disrepair,” citing high taxes, regulations, and progressive policies as his reasons for leavingβ€”a move that solidified his status as a vocal critic of liberal governance.

Lonsdale’s political advocacy extends beyond campaign contributions. He co-founded the Cicero Institute, a policy think tank focused on market-oriented solutions to healthcare, housing, and criminal justice reform. The institute promotes conservative approaches to these issues, advocating for reduced regulation and private-sector solutions.

Perhaps his most ambitious political-adjacent project is the University of Austin (UATX), which he co-founded as an alternative to what he sees as the liberal orthodoxy dominating higher education. The university aims to promote so-called “intellectual diversity” and “free speech“, reflecting Lonsdale’s belief that traditional universities have become too politically homogeneous.

The New Right of Silicon Valley

Together with Thiel, Lonsdale represents a new brand of tech-enabled Republicanism. This movement combines traditional Republican values of (in this case extremely) limited government and free markets with a Silicon Valley ethos of disruption and technological optimism. It stands apart from both establishment Republicanism and populist right-wing movements, offering a vision of conservative politics infused with the language and tools of technology.

Lonsdale has used his platform to advocate for American innovation and entrepreneurship, arguing that technological advancement, not government intervention, is the solution to society’s problems. His American Optimist initiative promotes this vision through podcasts and other media, featuring conversations with entrepreneurs, scientists, and policy experts who share his techno-optimistic worldview.

Joe Lonsdale and Elon Musk

Joe Lonsdale and Elon Musk know each other, and have collaborated on various ventures. Lonsdale has been a supporter of Musk’s initiatives both politically and in business. His firm 8VC invested in Musk’s Boring Company during its Series C funding round. He also contributed $1 million to America PAC, a super PAC backing Donald Trump‘s 2024 presidential campaign run by Musk. Their relationship extends to political endeavors, with Lonsdale described as a friend and “political confidant” of Musk. ​

In a recent interview, Lonsdale discussed Musk’s influence on various sectors, highlighting their shared perspectives on innovation and technology. Lonsdale has publicly expressed support for Musk’s acquisition of Twitter, now rebranded as X — while privately being one of the venture’s investors.

Personal Life and Legacy

On a personal level, Lonsdale married Tayler Cox in 2016, and they have five children together. Their family life, now based in Austin, reflects the traditional values that inform his political perspective.

With an estimated net worth of $425 million, Lonsdale uses his wealth not just for political activities but also for philanthropy, often directed toward causes aligned with his conservative values. He and his wife are active donors in various philanthropic pursuits, though these typically reflect his market-oriented approach to solving social problems.

The Future of Right-Wing Tech

At just 42 years old, Lonsdale’s influence in both technology and politics continues to grow. As one of the youngest members ever to appear on Forbes’ Midas List, his investment decisions shape the future of technology, while his political advocacy helps define a new strain of tech right-wing forces.

Following Thiel’s playbook but developing his own distinctive voice, Lonsdale represents a generation of tech leaders who are attacking Silicon Valley’s liberal consensus. And with fellow tech titan buddy Elon Musk now Chief Buddy, these energetically right-wing tech oligarchs with enormous power over our daily lives already are unsettlingly close to the White House.

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AI accelerationism Dictionary illustration

Accelerationism Dictionary: A Complete Terminology and Lexicon

AI accelerationism, or β€œe/acc,” is one of the most radical and controversial ideologies emerging from Silicon Valley today. At its core, it champions the rapid and unrestricted development of artificial intelligence, rejecting calls for regulation and safety measures in favor of unchecked innovation. Proponents argue that AI holds the key to solving humanity’s greatest challengesβ€”climate change, poverty, diseaseβ€”and even envision a post-human future where intelligence transcends biological limits.

With strong libertarian leanings, the movement prioritizes market-driven progress, believing that government intervention would stifle AI’s transformative potential. Tech billionaires like legendary venture capitalist Marc Andreessen have embraced these ideas, elevating what was once a fringe philosophy into a driving force in the AI industry.

However, AI accelerationism faces fierce criticism for its disregard of ethical considerations, social consequences, and potential existential risks. Detractors warn that unregulated AI development could exacerbate inequality, destabilize economies, and lead to dangerous technological outcomes without proper safeguards.

The movement stands in stark opposition to cautious, ethical AI development advocated by groups like the effective altruism community, setting up a high-stakes ideological battle over the future of artificial intelligence. Whether one sees AI accelerationism as a path to utopia or a reckless gamble, its growing influence makes it a defining force in the ongoing debate over technology’s role in shaping humanity’s future.

This accelerationism dictionary should help get anyone up to speed on this emerging and dangerous ideology. We’ll keep adding to it over time as the field continues to evolve at breakneck pace.

A dystopian AI hellscape -- one of many potential outcomes of AI accelerationism ideology

Accelerationism Dictionary

A

Accelerate or die: A common slogan in the e/acc movement expressing the belief that technological acceleration is necessary for survival.

Accelerationism: A philosophical and political movement advocating for the acceleration of technological, social, and economic progress. Can exist in left-wing, right-wing, and politically neutral forms.

AGI (Artificial General Intelligence): An artificial intelligence system capable of performing any intellectual task that a human can do.

AI supremacy: The belief or fear that artificial intelligence will surpass human intelligence and capabilities, potentially dominating society, economies, and geopolitical power structures. It is often discussed in the context of global competition for technological dominance.

Continue reading Accelerationism Dictionary
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Elon Musk as a clown

Effective Altruism and Longtermism are relatively recent (since the late 2000s) twin philosophical movements making the claim that, as a human species, we ought to prioritize impacting the long-term future of humanity — hundreds, thousands, or millions of years from now — over and above any concerns for actual humans alive today. Largely inspired by utilitarianism, it favors questionable metrics like “lives saved per dollar” in its quest to not just do good, but “do the most good.”

Longtermism is an outgrowth of Effective Altruism (EA), a social movement developed by philosophers Peter Singer and William MacAskill. It emphasizes the moral importance of trying to shape the far future, and adherents argue that the long-term consequences of our actions far outweigh their short-term effects because of the potential of vast numbers of future lives. In other words, future people will outnumber us at such a scale that, by comparison to this imaginary future universe, our current-day lives are not very important at all.

It has numerous and powerful adherents among the Silicon Valley elite including Trump bromance Elon Musk, tech billionaire Peter Thiel (who spoke at the RNC in 2016), indicted and disgraced crypto trader Sam Bankman-Fried, Twitter and Square founder Jack Dorsey (who is good friends with Elon), OpenAI‘s CEO Sam Altman, Ethereum founder (and Thiel fellow) Vitalik Buterin, co-founder of Asana Dustin Moskovitz, and others.

Why longtermism resonates with tech oligarchs

The tech-industrial complex is steeped in the idea of longtermism in part because it aligns so well with so many of their values:

  • technological optimism / techno-utopianism — the belief that technology is the solution to all of humanity’s greatest challenges
  • risk-taking mindset — venture capital is famous for its high-risk, high-reward mentality
  • Greatness Thinking — unwavering devotion to an Ayn Randian worldview in which only two groups exist: a small group of otherworldly titans, and everyone else
  • atomized world — social groups and historical context don’t matter much, because one’s personal individualized contributions are what make real impact on the world

The dubious ethics of effective altruism

Although it positions itself high, high above the heady clouds of moral superiority, EA is yet another in a long line of elaborate excuses for ignoring urgent problems we actually face, in favor of “reallocating resources” towards some long-distant predictively “better” class of people that do not currently exist and will not exist for thousands, millions, or even billions of years. It’s an elaborate excuse framework for “billionaires behaving badly” — who claim to be akin to saints or even gods who are doing the difficult work of “saving humanity,” but in reality are navel-gazing into their vanity projects and stroking each others’ raging narcissism while completely ignoring large, looming actual dangers in the here and now like climate change, systemic inequality, and geopolitical instabillity to name a few.

Continue reading Effective Altruism and Longtermism: Twin ideologies driving tech billionaires
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Curtis Yarvin advocating dictatorship in a Rachel Maddow segment linking him to JD Vance and the plot to shut down higher education in America

Curtis Yarvin, born in 1973, is a software developer and political theorist whose controversial neo-reactionary views have rippled through both Silicon Valley and right-wing political circles. Writing under the pseudonym Mencius Moldbug, Yarvin gained notoriety for his influential blog “Unqualified Reservations,” where he advanced ideas that challenge the foundations of democracy and equality.

Yarvin wasn’t always a fringe political figure. Raised in a secular, liberal familyβ€”his paternal grandparents were Jewish American communists, and his father worked for the U.S. Foreign Serviceβ€”he grew up with a global perspective, spending part of his childhood in Cyprus. But it was after reading figures like Thomas Carlyle and Hans-Hermann Hoppe that Yarvin turned sharply to the right. Disillusioned by libertarianism, he carved out his own niche in far-right ideology, a space he has termed “neo-reaction.”

“The Cathedral” and Neo-Reactionary Thought

At the heart of Yarvin’s philosophy is what he calls β€œformalism”—a system that would replace modern democracy with something akin to monarchy. His ideas reject progressive norms and push for a consolidation of power akin to aligning political authority with property rights. Yarvin coined the term β€œCathedral” to describe the intertwined power structures of mainstream media, academia, and the bureaucracy that he believes work together to perpetuate liberal democracy.

The alt-right movement critical to Trump‘s election in 2016 was influenced by neoreactionary ideology, and many key figures and beliefs overlap between these facets of the modern right-wing movement. Both arms share a close relationship to Silicon Valley, from a desire to be ruled by a technocratic elite to meme culture and beyond. They both share connections to the ideology of accelerationism espoused by venture capitalist Marc Andreessen and others — resulting in a “strange bedfellows” effect within the mainstream Republican Party in which technocratic elites share common goals of overthrowing democracy with right-wing religious zealots including, most prominently, Christian nationalists.

Silicon Valley Influence

Yarvin’s ideologies have found an audience among Silicon Valley’s elite, where some of his most ardent admirers hold significant clout. Peter Thiel, co-founder of PayPal and noted libertarian-turned-conservative, has supported Yarvin’s work both ideologically and financially. Thiel’s venture capital firm, Founders Fund, even backed Yarvin’s tech startup, Tlon, which developed the decentralized computing platform Urbit.

Steve Bannon, the former White House strategist, is also a known reader of Yarvin’s work, while political figures like 2024 Vice Presidential candidate J.D. Vance and failed 2022 AZ Senate candidate Blake Mastersβ€”both backed financially by Thielβ€”have cited and promoted Yarvin’s ideas.

Tech Hubris Meets Political Hubris

Yarvin’s Urbit project, launched in 2002, is a decentralized computing platform designed to overhaul the current internet structure, aligning with his broader vision of restructuring power. Though he left Tlon in 2019, he remains involved with Urbit’s development and continues to influence the tech space through his ideas, despite the controversy surrounding them.

Critics have slammed Yarvin’s views as deeply racist and fascistic, pointing to his writings that flirt with dangerous notions about race and slavery. His ideasβ€”though offensive to manyβ€”seem to thrive in niche spaces where libertarian techno-utopianism meets far-right authoritarianism, making him a key figure in the ongoing discourse about the future of governance, especially in a tech-dominated age.

Here’s Rachel Maddow’s segment highlighting the Vance-Yarvin connection:

Curtis Yarvin represents an ideological fusion that’s hard to ignore: Silicon Valley’s boundless ambition meets a longing for autocratic rule. In this strange nexus, he’s helped shape a disturbing vision of the future, one where tech CEOs could potentially wear the crown.

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The GOP is 3 cults in a trench coat

One of two major parties in our American first-past-the-post voting system of dual-party reality, the Republican Party, has evolved (or devolved…) into a full-throated authoritarian movement seeking to overthrow our democracy, The Constitution, and the rule of law in order to establish a fascist regime in the United States. It’s been a not-so-secret fever dream on the right for decades and even centuries — and the old guard reflexively senses their time is coming to an end.

The demographic changes underway in America are inexorable — by the 2024 election cycle 8 million new young voters who have turned 18 since the 2022 mid-terms, and 5 million seniors aged 65 and up will have died. The first group will vote overwhelmingly Democratic, while the second group represents the ever-dwindling base of the Republican Party. Although historically older voters have participated at much higher rates than the youth voting percentage, the rate of increase for the 18-24 group is much higher.

Faced with these realities and the census projection of a majority minority population in the United States by the year 2045, the Republican right-wing is struggling to keep piecing together a voting base that can achieve victories in electoral politics. The GOP is now 3 cults in a trenchcoat, having been hollowed out and twisted to the point of trying desperately to hold increasingly extreme factions together for another election cycle in which they can try to capture power forever through gerrymandering and other anti-democratic election engineering — or at least long enough to erase the evidence of their criminal behavior during the Trump years culminating in a coup attempt on January 6, 2021.

The 3 Republican cult factions

  1. The Wealth Cult — A business lobby led by Charles Koch and a collection of dark money groups including Leonard Leo‘s Federalist Society and the American Legislative Exchange Council (ALEC), this group emerged out of the 1970s business backlash to the civil rights movement — while piggybacking on the still-simmering resentments of the anti-New Deal and pro-fascist America Firsters of the 1930s and the searing anti-Communism of the 1950s McCarthyism era turned, improbably, Russophilia in modern days.
  2. The Christian Nationalist Cult — Started by Jerry Falwell Sr. with the Moral Majority circa 1979, the politicized Evangelical movement is inexplicably led today by “sudden believers” Mike Pence, Mike Flynn, and others under the umbrella of the Council for National Policy (CNP), the New Apostolic Reformation (NAR), and other religious organizations involved in politics in large part as a backlash to the Broad v. Board of Education ruling and the federal mandate to end school segregation. Masquerading as so-called “originalists,” this coalition are rather radical reactionaries participating in a long-running backlash against civil rights and the women’s rights movements of the 1960s, including the Roe v. Wade ruling by the Supreme Court that legalized abortion — overturned in 2022 based on efforts by this group.
  3. The White Nationalist Cult — With roots in the 1980s white power movement stretching all the way back to the Civil War and the Lost Cause mythology that followed and long outlasted Reconstruction, today the white identity movement is led by Steve Bannon and Roger Stone, with a parallel intertwined branch led by Peter Thiel and the Dark Enlightenment neo-Reactionaries of Silicon Valley. This group includes dominant private militia groups involved in the January 6 insurrection including the Proud Boys and Oath Keepers (both of whose leaders have been convicted of seditious conspiracy for their roles in the coup attempt — with the Oath Keepers’ leader Stewart Rhodes sentenced to 18 years for his actions).

The Wealth Cult

Led by Charles Koch et al, the mostly aging, Boomer crowd who controls much of the US government either directly or indirectly as a donor or operative is starting to panic for one reason or another: the fear of death looming, existential worries about thwarted or unmet ambition, economic turn of the wheel starting to leave their fortunes in decline (with inflation as a common boogie man since the Wall Street Putsch of the 1930s). Much of this crowd inherited the free market ideological zeal of the Austrian School of economics (later, trickle down economics) from their fathers along with their trust fund fortunes that some have squandered (Trump), tread water with (Coors, Scaife), or grown (Koch, DeVos).

The Wealth Cult, by Midjourney
Continue reading The GOP is 3 Cults in a Trenchcoat
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Longtermism is an extreme ideology that has gained traction in Silicon Valley and the technosphere: both Elon Musk and Peter Thiel are acolytes. In this worldview, the far future of humanity will have colonized the stars and number in the trillions — therefore making all the puny little humans alive today essentially worthless and expendable in their eyes (except themselves, of course). As long as climate change doesn’t kill *absolutely all* 7 billion of us, we’ll manage to soldier on — therefore we should focus on AI instead, they say.

Their breezy tossing aside of morality on anything with effects less than 100 years is also chilling. By use of the frame-shifting device of the far far future, longtermism is able to render basically anything a rounding error of no importance, from the Holocaust to the dropping of atomic bombs to the famines of Stalin and Mao. That is just not going to sit well with most people who have empathy — which is most people.

Related terms:

  • existential risk
  • effective altruism
  • non-linear climate change
  • “vast and glorious potential”
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The Richest People in the World

The vast majority of billionaires in the world got richer during the year of the pandemic — fantastically richer. And they still demand more!

Inequality grows and grows, warping both capitalism and government, and yet still the plutocrats press their advantage further while whining about their invented delusional oppression.

Certainly not all rich people are gigantic assholes, but a depressing many of them are. We can hang onto the good ones while tossing the others out of the Titanic lifeboats where their rugged masculinity can carry them to shore.

see also:

NameNet WorthWealth SourceIndustry
Jeff Bezos$177 BAmazonTechnology
Elon Musk$151 BTesla, SpaceXTechnology
Bernard Arnault & family$150 BLVMHFashion & Retail
Bill Gates$124 BMicrosoftTechnology
Mark Zuckerberg$97 BFacebookTechnology
Warren Buffett$96 BBerkshire HathawayFinance & Investments
Larry Ellison$93 BsoftwareTechnology
Larry Page$91.5 BGoogleTechnology
Sergey Brin$89 BGoogleTechnology
Mukesh Ambani$84.5 BdiversifiedDiversified
Amancio Ortega$77 BZaraFashion & Retail
Francoise Bettencourt Meyers & family$73.6 BL'OrΓ©alFashion & Retail
Zhong Shanshan$68.9 Bbeverages, pharmaceuticalsFood & Beverage
Steve Ballmer$68.7 BMicrosoftTechnology
Ma Huateng$65.8 Binternet mediaTechnology
Carlos Slim Helu & family$62.8 BtelecomTelecom
Alice Walton$61.8 BWalmartFashion & Retail
Jim Walton$60.2 BWalmartFashion & Retail
Rob Walton$59.5 BWalmartFashion & Retail
Michael Bloomberg$59 BBloomberg LPMedia & Entertainment
Colin Zheng Huang$55.3 Be-commerceTechnology
MacKenzie Scott$53 BAmazonTechnology
Daniel Gilbert$51.9 BQuicken LoansFinance & Investments
Gautam Adani & family$50.5 Binfrastructure, commoditiesDiversified
Phil Knight & family$49.9 BNikeFashion & Retail
Jack Ma$48.4 Be-commerceTechnology
Charles Koch$46.4 BKoch IndustriesOil & Gas
Julia Koch & family$46.4 BKoch IndustriesOil & Gas
Masayoshi Son$45.4 Binternet, telecomTechnology
Michael Dell$45.1 BDell computersTechnology
Tadashi Yanai & family$44.1 Bfashion retailFashion & Retail
François Pinault & family$42.3 Bluxury goodsFashion & Retail
David Thomson & family$41.8 BmediaMedia & Entertainment
Beate Heister & Karl Albrecht Jr.$39.2 BsupermarketsFashion & Retail
Wang Wei$39 Bpackage deliveryService
Miriam Adelson$38.2 BcasinosGambling & Casinos
He Xiangjian$37.7 Bhome appliancesManufacturing
Dieter Schwarz$36.9 BretailFashion & Retail
Zhang Yiming$35.6 BTikTokTechnology
Giovanni Ferrero$35.1 BNutella, chocolatesFood & Beverage
Alain Wertheimer$34.5 BChanelFashion & Retail
Gerard Wertheimer$34.5 BChanelFashion & Retail
Li Ka-shing$33.7 BdiversifiedDiversified
Qin Yinglin & family$33.5 Bpig breedingFood & Beverage
William Lei Ding$33 Bonline gamesTechnology
Len Blavatnik$32 Bmusic, chemicalsDiversified
Lee Shau Kee$31.7 Breal estateReal Estate
Jacqueline Mars$31.3 Bcandy, pet foodFood & Beverage
John Mars$31.3 Bcandy, pet foodFood & Beverage
Yang Huiyan & family$29.6 Breal estateReal Estate
Alexey Mordashov & family$29.1 Bsteel, investmentsMetals & Mining
Robin Zeng$28.4 BbatteriesEnergy
Hui Ka Yan$27.7 Breal estateReal Estate
Susanne Klatten$27.7 BBMW, pharmaceuticalsAutomotive
Vladimir Potanin$27 BmetalsMetals & Mining
Dietrich Mateschitz$26.9 BRed BullFood & Beverage
Pang Kang$26.4 Bsoy sauceFood & Beverage
Klaus-Michael Kuehne$26.3 BshippingLogistics
Vladimir Lisin$26.2 Bsteel, transportMetals & Mining
Wang Xing$26.1 Be-commerceTechnology
German Larrea Mota Velasco & family$25.9 BminingMetals & Mining
Leonardo Del Vecchio & family$25.8 BeyeglassesFashion & Retail
Takemitsu Takizaki$25.8 BsensorsManufacturing
Leonard Lauder$25.5 BEstee LauderFashion & Retail
Thomas Peterffy$25 Bdiscount brokerageFinance & Investments
Vagit Alekperov$24.9 BoilEnergy
Leonid Mikhelson$24.9 Bgas, chemicalsEnergy
Jim Simons$24.6 Bhedge fundsFinance & Investments
Jiang Rensheng & family$24.4 BvaccinesHealthcare
Gina Rinehart$23.6 BminingMetals & Mining
Rupert Murdoch & family$23.5 Bnewspapers, TV networkMedia & Entertainment
Shiv Nadar$23.5 Bsoftware servicesTechnology
Zhang Zhidong$23.4 Binternet mediaTechnology
Iris Fontbona & family$23.3 BminingMetals & Mining
Lei Jun$23 BsmartphonesTechnology
Zhang Yong$23 BrestaurantsFood & Beverage
Richard Qiangdong Liu$22.4 Be-commerceTechnology
Gennady Timchenko$22 Boil, gasEnergy
Stephen Schwarzman$21.9 BinvestmentsFinance & Investments
Goh Cheng Liang$21.7 BpaintsManufacturing
Stefan Quandt$21.6 BBMWAutomotive
Li Xiting$21.5 Bmedical devicesHealthcare
Pierre Omidyar$21.4 BeBay, PayPalTechnology
Stefan Persson$21.3 BH&MFashion & Retail
Abigail Johnson$20.9 Bmoney managementFinance & Investments
R. Budi Hartono$20.5 Bbanking, tobaccoFinance & Investments
Andrew Forrest$20.4 BminingMetals & Mining
Ray Dalio$20.3 Bhedge fundsFinance & Investments
Michael Hartono$19.7 Bbanking, tobaccoManufacturing
Li Shufu$19.7 BautomobilesAutomotive
Zhong Huijuan$19.7 BpharmaceuticalsHealthcare
Xu Hang$19.5 Bmedical devicesHealthcare
Lui Che Woo & family$19.4 Bcasinos/hotelsGambling & Casinos
Emmanuel Besnier$19.1 BcheeseFood & Beverage
Laurene Powell Jobs & family$19 BApple, DisneyTechnology
Eric Schmidt$18.9 BGoogleTechnology
Sun Piaoyang$18.9 BpharmaceuticalsHealthcare
Theo Albrecht, Jr. & family$18.8 BAldi, Trader Joe'sFashion & Retail
Alisher Usmanov$18.4 Bsteel, telecom, investmentsMetals & Mining
Robert Pera$18.3 Bwireless networking gearTechnology
Wu Yajun$18.3 Breal estateReal Estate
Fan Hongwei & family$18.2 BpetrochemicalsEnergy
Dhanin Chearavanont$18.1 BdiversifiedDiversified
Peter Woo$18 Breal estateReal Estate
Chen Bang$17.9 BhospitalsHealthcare
Andrey Melnichenko$17.9 Bcoal, fertilizersEnergy
Dustin Moskovitz$17.8 BFacebookTechnology
Su Hua$17.8 Bvideo streamingMedia & Entertainment
Donald Newhouse$17.6 BmediaMedia & Entertainment
Petr Kellner$17.5 Bfinance, telecommunicationsFinance & Investments
Lee Man Tat$17.4 BfoodFood & Beverage
Pavel Durov$17.2 Bmessaging appTechnology
James Ratcliffe$17 BchemicalsManufacturing
Jorge Paulo Lemann & family$16.9 BbeerFood & Beverage
Reinhold Wuerth & family$16.8 BfastenersManufacturing
Charlene de Carvalho-Heineken & family$16.7 BHeinekenFood & Beverage
Radhakishan Damani$16.5 Bretail, investmentsFashion & Retail
Wang Chuanfu$16.3 Bbatteries, automobilesAutomotive
Steve Cohen$16 Bhedge fundsFinance & Investments
Ken Griffin$16 Bhedge fundsFinance & Investments
Chen Zhiping$15.9 Be-cigarettesManufacturing
Ernest Garcia, II.$15.9 Bused carsAutomotive
Uday Kotak$15.9 BbankingFinance & Investments
Carl Icahn$15.8 BinvestmentsFinance & Investments
Suleiman Kerimov & family$15.8 BinvestmentsFinance & Investments
Thomas Frist, Jr. & family$15.7 BhospitalsHealthcare
Lukas Walton$15.6 BWalmartFashion & Retail
Mikhail Fridman$15.5 Boil, banking, telecomEnergy
Wei Jianjun & family$15.5 BautomobilesAutomotive
Zuo Hui$15.5 Breal estate servicesReal Estate
Zhou Qunfei & family$15.4 Bsmartphone screensTechnology
Donald Bren$15.3 Breal estateReal Estate
Hinduja brothers$14.9 BdiversifiedDiversified
Lakshmi Mittal$14.9 BsteelMetals & Mining
Georg Schaeffler$14.9 Bauto partsAutomotive
Eric Yuan & family$14.9 Bvideo conferencingTechnology
Wang Jianlin$14.8 Breal estateReal Estate
Kwong Siu-hing$14.7 Breal estateReal Estate
Robin Li$14.7 Binternet searchTechnology
Pallonji Mistry$14.6 BconstructionConstruction & Engineering
Eduardo Saverin$14.6 BFacebookTechnology
Roman Abramovich$14.5 Bsteel, investmentsDiversified
David Tepper$14.5 Bhedge fundsFinance & Investments
Gong Hongjia & family$14.4 Bvideo surveillanceFinance & Investments
Mike Cannon-Brookes$14.2 BsoftwareTechnology
John Menard, Jr.$14.2 Bhome improvement storesFashion & Retail
Seo Jung-jin$14.2 BbiotechHealthcare
Cheng Yixiao$14.1 Bvideo streaming appMedia & Entertainment
Liang Wengen$14.1 Bconstruction equipmentManufacturing
Scott Farquhar$14 BsoftwareTechnology
Finn Rausing$13.9 BpackagingFood & Beverage
Jorn Rausing$13.9 BpackagingFood & Beverage
Kirsten Rausing$13.9 BpackagingFood & Beverage
Brian Chesky$13.7 BAirbnbTechnology
Joseph Lau$13.6 Breal estateReal Estate
David Duffield$13.5 Bbusiness softwareTechnology
Charoen Sirivadhanabhakdi$13.5 Balcohol, real estateFood & Beverage
Kim Jung-ju$13.3 Bonline gamesTechnology
Robert & Philip Ng$13.3 Breal estateReal Estate
Zhang Bangxin$13.3 BeducationService
Anders Holch Povlsen$13.2 Bfashion retailFashion & Retail
Wang Wenyin$13.2 Bmining, copper productsMetals & Mining
Wang Liping & family$13.1 Bhydraulic machineryManufacturing
Tatyana Bakalchuk$13 BecommerceFashion & Retail
Michael Platt$13 Bhedge fundsFinance & Investments
Huang Shilin$12.9 BbatteriesEnergy
Ricardo Salinas Pliego & family$12.9 Bretail, mediaFashion & Retail
Kumar Birla$12.8 BcommoditiesDiversified
Dang Yanbao$12.7 BcoalMetals & Mining
Cyrus Poonawalla$12.7 BvaccinesHealthcare
Robert Kuok$12.6 Bpalm oil, shipping, propertyDiversified
Hank & Doug Meijer$12.6 BsupermarketsFashion & Retail
Jack Dorsey$12.5 BTwitter, SquareTechnology
Lu Zhongfang$12.5 BeducationAutomotive
Ma Jianrong & family$12.5 Btextiles, apparelFashion & Retail
Zhang Tao$12.5 Be-commerceFashion & Retail
Nathan Blecharczyk$12.4 BAirbnbTechnology
John Doerr$12.4 Bventure capitalTechnology
Joe Gebbia$12.4 BAirbnbTechnology
Forrest Li$12.4 BgamingMedia & Entertainment
Yu Renrong$12.3 BsemiconductorsManufacturing
Liu Yonghao & family$12.1 BagribusinessService
Gordon Moore$12.1 BIntelTechnology
Jeff Yass$12 Btrading, investmentsFinance & Investments
Bobby Murphy$11.9 BSnapchatTechnology
Patrick Drahi$11.8 BtelecomTelecom
Jensen Huang$11.8 BsemiconductorsTechnology
Alexander Otto$11.8 Breal estateReal Estate
Cen Junda$11.6 BpharmaceuticalsHealthcare
Joseph Tsai$11.6 Be-commerceTechnology
Aliko Dangote$11.5 Bcement, sugarManufacturing
Marcel Herrmann Telles$11.5 BbeerFood & Beverage
Mikhail Prokhorov$11.4 BinvestmentsFinance & Investments
Jorge Moll Filho & family$11.3 BhospitalsHealthcare
Viktor Rashnikov$11.2 BsteelManufacturing
Harry Triguboff$11.2 Breal estateReal Estate
Leonid Fedun & family$11.1 BoilEnergy
Eyal Ofer$11.1 Breal estate, shippingDiversified
Evan Spiegel$11.1 BSnapchatTechnology
Luis Carlos Sarmiento$11 BbankingFinance & Investments

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The Veil of Ignorance — John Rawls’ theory of how to make the best moral judgments — is a phenomenal tool for thinking deeply about which choices are best for society as a whole, and not just for ourselves:

  • Would you choose it if you were in the other guy’s shoes?
    • Essential concept of fairness, akin to “do unto others”
    • Similarity to the Golden Rule
    • Akin to parable about the best way to cut a cake: the person who cuts it chooses the last slice. In this way they are incentivized to divide the dessert equally, lest they end up with the smallest piece.
    • Would Peter Thiel still think apartheid were so awesome if he were a black man?
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Peter Thiel at Isengaard looking into the Palantir

Peter Thiel and Palmer Luckey are a particularly toxic breed of billionaire welfare queen, who outwardly revile government with every chance they get while having both sucked at its teat to make their fortunes, and currently making a luxe living on taxpayer largesse.

Thiel’s Paypal and Facebook-induced riches rode the coattails of the DARPA-created internet, while Luckey had his exit to internet giant Facebook. Now Thiel helms creepy-AF data mining company Palantir, whose tentacles are wrapped all the way around the intelligence community’s various agencies, while Luckey’s Thiel-funded startup Anduril is bidding for lucrative defense contracts to build Trump’s border wall. It’s the stuff of full-on right-wing neocon wet dreams for both men.

They follow in a long line of right-wing denialism in which Austrian School econ acolytes (and trickle down aficionados) have claimed to be self-made men while reaping untold rewards from lucrative military contracts and other sources of government funding or R&D windfall. Barry Goldwater once famously invoked the mythology of the independent cowboy to describe his successful rise (as would union man Ronald Reagan years later) — when in reality he inherited the family department store business that itself became viable only due to the public money pouring in to nearby military installations springing up in Arizona since as far back as the Civil War.

Even without the American government as their businesses’ largest client, the Libertarian ideal of disproportionately enjoying the fruits of public goods while viciously fighting against the taxation required to pay for them puts the lie to these mens’ claims of Ayn Randian moral supremacy. The ritual flogging of so-called “Great Man Theory” animates all sorts of dangerous social projects such as the world’s richest man purchasing the de facto town square and turning it into a right-wing plaything.

If we’re lucky, Luckey will create some sort of VR seasteading community that sucks the Silicon Valley Supremacists right in and traps them in a sort of Libertarian Matrix forever.

More on Peter Thiel and his right-wing political network:

  • Buddies with right-wing Silicon Valley venture capitalist David Sacks
  • Member of the PayPal Mafia
  • Funded successful Ohio Senator JD Vance‘s campaign
  • Funded loser Blake Masters’ Senatorial campaign in Arizona in 2022
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