New York, NY–(BUSINESS WIRE)–Billionaire author and former hedge fund manager Peter Thiel said in an interview with Bloomberg Television that he is “not concerned” about the current political climate and said he plans to make a “large contribution” to candidates in the coming election.

“I’m not worried about anything,” Thiel said, adding that he has already donated $3 million to candidates and political parties.

“I’ll make a large contribution.”

He made his comments during an interview on Bloomberg Television on Thursday morning.

He said he has donated $1.6 million to Democratic candidates, but that he plans on making a large donation to Republican candidates in 2020, according to Bloomberg.

In the interview, Thiel said he had recently been approached by Democratic donors about running for office.

He added that he’s already donated the $3.6-million he made last year to Republican presidential candidates.

“We’re very excited about the opportunity to run for office, and I think that if we do, we can do a lot of good for our country,” Thiel told Bloomberg.

Thiel has long been a vocal proponent of political change in the U.S. and was among the first billionaires to speak out against President Donald Trump in his inaugural address.

He has donated to Democratic and Republican candidates since at least 2011, when he donated $5 million to Sen. Elizabeth Warren (D-Mass.), according to Federal Election Commission filings.

Thiel has also donated to the National Democratic Redistricting Committee, which advocates for congressional districts to be redrawn in a way that favors Democrats.

Thiels comments came a day after the House Intelligence Committee released its report on Russian interference in the 2016 election.

Thiel told the Associated Press on Friday that he would not be joining the committee in any way and that he was focused on other things.

The Trump administration has denied any Russian interference efforts.


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