The magnate Peter Thiel played a chess tournament at Abasto and finished third.

The tech billionaire Peter Thiel once again generated buzz during his stay in Argentina after participating this Saturday in a chess tournament held at a club in the Buenos Aires neighborhood of Abasto. The businessman, considered one of the most influential figures in Silicon Valley and a global libertarian thought leader, finished in third place and surprised both competitors and spectators.

Thiel's presence at the tournament quickly went viral on social media. Dozens of attendees shared photos and videos of the PayPal founder playing games in a completely informal setting, experiencing Argentine culture away from business conferences and the private meetings he usually holds during his international trips.

Thiel's relationship with chess is not coincidental. The businessman explained in various international conferences that this game was key to his intellectual and business development. According to what he shared in a talk at Stanford University, reaching the level of chess master allowed him to develop strategic skills fundamental to the business world, especially in reading human behavior and making decisions under pressure.

In various interviews, Thiel stated that chess teaches one to understand the relative value of each piece within a system and to identify how different profiles can complement each other to achieve complex objectives. That logic, he explained, ended up shaping much of his business and leadership vision.

The founder of PayPal also maintains that one of the main lessons of chess is understanding that a good opening is not enough: what truly matters is having a sustainable plan until the end of the game. This idea was later applied to his tech investments and the building of companies like PayPal and Palantir Technologies.

Peter Thiel in Argentina

Peter Thiel's presence in Argentina has generated strong interest in both the political and business worlds. Since his arrival in the country, the tech magnate has held private meetings with key figures from the government of Javier Milei and has begun exploring investment opportunities linked to the new liberal economic direction.

One of the most significant meetings took place at the Ministry of Finance, where Thiel met with Economy Minister Luis Caputo, Secretary of Economic Policy José Luis Daza, and the President of the Central Bank Santiago Bausili. They analyzed the local economic situation, the international geopolitical landscape, and the reforms promoted by the libertarian administration to attract global capital.

The founder of PayPal and Palantir Technologies also participated in meetings alongside Milei himself, Foreign Minister Pablo Quirno, and businessmen linked to the international tech and finance sectors. Within the ruling party, they claim that Thiel was impressed by the President's economic ideas and considers Argentina a potential strategic refuge in an increasingly unstable global context.

In parallel, the businessman completed one of the most exclusive real estate deals of the year in Buenos Aires by purchasing a mansion valued at approximately USD 12 million in Barrio Parque. The residence, spanning about 1,600 square meters and located across from Susana Giménez's house, reinforced rumors about Thiel's possible relocation to the country.