Peter Thiel's 'largest disclosed political donation ever' is for a possible J.D. Vance Senate run

Peter Thiel
(Image credit: Michael Cohen/Getty Images for The New York Times)

Billionaire Peter Thiel is reportedly getting behind a potential Senate run by Hillbilly Elegy author J.D. Vance.

Thiel, co-founder of PayPal, has donated $10 million to Protect Ohio Values, a super PAC that was formed to support a possible Ohio Senate run by Vance, the Cincinnati Enquirer reports.

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Vance, a venture capitalist, wrote the 2016 memoir Hillbilly Elegy: A Memoir of a Family and Culture in Crisis, which was turned into a Netflix film that picked up two Oscar nominations on Monday. The Cincinnati Enquirer notes that Thiel "was a key backer" of Vance's Narya Capital. Vance previously decided not to run for Senate in 2018, saying it was "just not a good time," but he hasn't said whether he will run in 2022 for Sen. Rob Portman's (R-Ohio) vacated seat.

To put Thiel's $10 million donation in perspective, Recode reported that this is his "largest disclosed political donation ever," and a "much bigger" contribution than the PayPal co-founder made to Trump. Indeed, Bloomberg wrote that if Vance decided to run for Senate this time, he "would be jumping in with a sizable war chest and powerful friends."

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Brendan Morrow

Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.