A Salon writer takes issue with tech billionaire Peter Thiel’s assertion that his bankrolling of Hulk Hogan’s sex-tape lawsuit against Gawker Media is “one of my greater philanthropic things that I’ve done.” The characterization echoes Silicon Valley giving that is more self-interested than socially motivated, according to culture writer Scott Timberg.
Mr. Thiel, a co-founder of PayPal and early investor in Facebook known for his libertarian views and unusual, entrepreneurial approach to philanthropy, acknowledged to The New York Times this week that he paid for the former pro wrestler, whose real name is Terry Bollea, to sue Gawker for publishing a sex tape of him. A Florida jury found for Mr. Bollea in March and awarded him $140 million.
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