Peter Thiel's move to Argentina reflects a growing trend among billionaires seeking a 'plan B' abroad

Mihaela Păun

Peter Thiel appears to have found a new bug-out spot. He isn't alone in looking beyond America's shores. The PayPal and Palantir cofounder and prominent libertarian has been spending more time in Argentina, The New York Times reported, where he has enrolled his children in school and bought a home in one of Buenos Aires' wealthiest neighborhoods. Among the ultrawealthy, that fits a larger pattern. The rich are treating their lives in America like part of an investment portfolio: still worth

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