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In 2009, Thiel said in an interview with PEHub that Valleywag, a now-defunct Silicon Valley-focused publication owned by Gawker is the 'Silicon Valley equivalent of Al Qaeda.' Thiel and Denton have a complicated history, as Gawker attempted to expose his sexuality in late 2007, before the businessman came out as gay. In addition, it's unknown if Thiel, who is a Donald Trump supporter, will benefit from any of the proceeds that Hogan won, as Gawker is currently appealing the March ruling. 'It's unclear how Thiel, who is worth an estimated $2.7billlion, became connected to Hogan or if he is the only financial backer of the legal case against Gawker. 'If you're a billionaire and you don't like the coverage of you, and you don't particularly want to embroil yourself any further in a public scandal, it's a pretty smart, rational thing to fund other legal cases,' he told the Times. Gawker founder Nick Denton told the New York Times on Monday that he suspected someone in the Silicon Valley might be financially assisting Hogan. Gawker then correct statement to say the person they are referring to is a 'major funder' of the Committee to Protect Journalists, not a board member.

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'We trust the appeals court will correct the outsized Florida jury verdict and reaffirm the law that protects a free and critical press, which is more embattled and important than ever.' Gawker said in a statement to Huffington Post on Wednesday: 'According to these reports, a board member of Facebook and the Committee to Protect Journalists has been secretly funding a legal campaign against our journalists.

Hogan, brought against New York-based Gawker,' Forbes reported. Thiel, who is a co-founder and partner at Founders Fund, played 'a lead role in bankrolling the cases Terry Bollea, a.k. He claimed his privacy was violated in 2012 when it published a sex tape involving him and the wife of an ex-friend. The website had long been a critic of Thiel, venture capitalism and the culture of Silicon Valley, and in 2007 published a piece headlined “Peter Thiel is totally gay, people”.Hogan won more than $115million after a jury sided with him in his suit against the online news organization. Thiel, a venture capitalist and Facebook board member who is a supporter of Donald Trump, secretly funded the Hogan lawsuit to the tune of US$10m. Most of Gawker’s assets were bought by Univision, but the main Gawker website was shut down.

Gawker filed for bankruptcy protection because it could not afford to lodge a US$50m appeal bond. Hogan, whose real name is Terry Bollea, launched the lawsuit in Florida in 2012 over Gawker’s publication of parts of a video of him having sex with the then-wife of his friend, radio personality Bubba the Love Sponge. The Oxford-educated D’Souza shot to prominence in 2018 when Buzzfeed reported he was the mastermind of Thiel’s elaborate plot to destroy Gawker by funding Hogan’s defamation lawsuit.

Kingston said via a spokeswoman: “I am surprised to hear this and will need to look into it further.”ĭ’Souza has been contacted for comment through his lawyer, Corrs Chambers Westgarth partner Matthew Critchley, who said his client was travelling.

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He claims two payments due in November and December and totalling $2m were not paid and has asked the court to order Kingston, Trimantium and Explosive Growth to hand over the money, plus interest calculated at 8% a year.

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Part of the agreement was that his company would receive a series of “deferred” payments, D’Souza claims. This followed an agreement struck in January last year that he would sell his Sargon shares – a deal that is at the heart of a lawsuit filed by a company controlled by D’Souza in the Victorian supreme court on Wednesday.ĭ’Souza’s court filings do not reveal who was to buy his stake in Sargon or what they were to pay for it, but in them he alleges the deal was guaranteed by Kingston personally, as well as by a Hong Kong company called Trimantium, which company documents show Kingston owns and controls, and a British Virgin Islands company called Explosive Growth.

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