Will a billionaire Republican run for California governor?

January 16, 2017
Peter Thiel

Peter Thiel

After a billionaire Republican completed an improbable run to the White House, another billionaire Republican is considering a possible bid for governor of Democrat-controlled California. [Politico]

Peter Thiel, a libertarian-leaning gay Republican, is a co-founder of PayPal and was an early investor in Facebook. He is worth an estimated $2.7 billion and is ranked 73rd on Forbes’ list of the world’s most powerful people. Thiel is a member of the steering committee of the Bilderberg Group, a very private organization of business and political elites from Europe and North America.

During the recent presidential campaign, Thiel was a vocal supporter of President-elect Donald Trump, and he is now a member of Trump’s transition team. That would seemingly place Thiel in an odd position, since Trump’s election triggered secession talk in California.

In an interview last week with the New York Times, Thiel joked that he would be fine with California seceding.

“I think it would be good for California, good for the rest of the country. It would help Mr. Trump’s re-election campaign.”

Thiel has reportedly been discussing a run for the governor’s mansion with a small circle of advisers, including Rob Morrow, of San Francisco-based investment management firm Clarium Capital, who has emerged as Thiel’s political consigliere. Those who have been in touch with Thiel are skeptical he will enter the governor’s race, but the billionaire investor has yet to rule out a bid, and people around him are continuing to discuss it.

Currently, the Republican Party sees opportunity in running outsider candidates nationwide, particularly ones who have business backgrounds.

“Republicans have had great success at both the state and federal level in recent years electing candidates who had backgrounds in business but who were political outsiders,” said Phil Cox, a former Republican Governors Association executive director. “With Trump’s victory, we’re going to see even more nontraditional candidates.”

Democratic billionaire Tom Steyer is also viewed as a possible contender in the 2018 governor’s race. The Democratic field already includes Lt. Gov. Gavin Newsom, former Los Angeles Mayor Antonio Villaraigosa and state Treasurer John Chiang.

Peculiarly, Thiel has already contributed more than $56,000 to Newsom’s 2018 gubernatorial campaign, according to state campaign finance records.


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shelworth

Might work, you can’t vote against him, that would make you Homophobic.


Boldguy

Not enough Red Counties in the State to elect a Republican Governor!!!

Having a Adult in the room would be a nice change, but don’t hold your breath waiting:(

Plus a Republican Governor could never point to any accomplishments while being in office, just slowing down the inevitable implosion of our beautiful State:(

Of course this County re-elected Adam Hill, we deserve everything we get:(


Ricky2

“Those who have been in touch with Thiel are skeptical he will enter the governor’s race, but the billionaire investor has yet to rule out a bid.” This is news?


My friends are skeptical I will enter the race too, but I’ve yet to rule it out, so why aren’t the reporters lined up on my doorstep?


Slosum

It will be Thiel vs Steyer the billionare, doing a mea culpa for his coal-earned wealth by going environmental. Newsom wants to be president in 2020. He’ll have to fight Corey Booker. In any case, California is lost to the alt left. Thiel would be better off serving as U.S. ambassador to the seceding republic of California. Weird world it is.


Rambunctious

The deck is so stacked against any republican candidate in California it will be a miracle if he were to win the governorship. Every liberal in America would love to live here and many of them have found a way to do so. There are also the sons and daughters and grandchildren of Ronald Reagan’s amnesty chosen ones that in large part have helped to shape the political landscape in the state.

In other words he doesn’t stand a chance, but then again I said that about Trump a year ago.


Kaiser Bill

Yeah, but CA was dominated by Republican Governors from 1966-2010 despite the state drifting leftward. Thiel’s live and let live Libertarianism is a good match for a California Republican. Plus, Thiel and Hulk Hogan shut down Gawker.


Jorge Estrada

California wont need a Republican Governor, we have a Republican President. California will be best served by educating and holding those who have caused the mayhem.