Reports: Tech Billionaire Peter Thiel Secretly Bankrolled Hulk Hogan’s Lawsuit Against Gawker
J.K. Trotter · 05/25/16 08:50AMOn Monday, the New York Times reported that Gawker Media CEO Nick Denton had come to believe that a wealthy individual has been funding a steady stream of lawsuits, including three different ones filed by Hulk Hogan alone, against his company. Two journalists at Forbes magazine, Ryan Mac and Matt Drange, are lending credence to Denton’s theory. On Tuesday evening, the pair revealed that the powerful Silicon Valley billionaire Peter Thiel has been secretly underwriting Hulk Hogan’s litigation against Gawker: