Former Austrian Chancellor Sebastian Kurz will work for the controversial US funding firm Thiel Capital the place he’ll function a world strategist beginning subsequent yr, Austrian media shops reported on Thursday.
The California-based firm was based by German-born Peter Thiel, a billionaire enterprise capitalist who has identified Kurz for a number of years.
Thiel was beforehand concerned within the founding of PayPal, an organization that gives cost providers on the web.
The American-German billionaire is politically near former US President Donald Trump and even served as an advisor when Trump was in workplace.
Kurz resigned as Austria’s chancellor in early October amid corruption allegations and stepped away from politics earlier this month, together with as chairman of the conservative Austrian Individuals’s Celebration, to deal with his household.
The 35-year-old Conservative is one in every of 10 folks suspected of various levels of breach of belief, corruption, and bribery in a case through which prosecutors allege public funds had been used to secretly manipulate polls to assist him turn out to be social gathering chief after which chancellor in 2017.
He denies all wrongdoing.
Regardless of his new job in San Francisco, Kurz is predicted to commute between Europe, the place his household will stay, and the USA, the place Thiel Capital is predicated.
In accordance with media reviews, the previous Austrian chancellor has a flat within the Meidling district collectively along with his associate Susanne Thier, and their son was born on the finish of November.