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Billionaire Peter Thiel’s $13.5M dream home in New Zealand is doomed

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Peter Thiel, the billionaire venture capitalist and founder of PayPal and Palantir Technologies, may seem to have it all — but he isn’t as fortunate when it comes to having his own property in New Zealand.

Specifically, that’s building his dream “doomsday” home on his 477-acre mega-estate he purchased in 2015 for $13.5 million in the South Pacific nation, where he holds citizenship.

Overlooking Lake Wanaka on New Zealand’s pristine South Island, Thiel, 54, applied under his Second Star Ltd company, to build a sprawling bunker-like compound containing a spa, a theater lounge, a “meditation pod” and a library, according to records from the Queenstown-Lakes District Council.

But plans for his 10-bedroom oasis were thwarted entirely on Thursday after growing calls from environmentalists, citing “sufficient adverse landscape and visual effects on the environment.”

“The applicants seek to develop a lodge for visitor accommodation purposes, which comprises three individual structures but constructed as one building, which are described in the landscape assessment as a series of pods,” the application says. “The Owner’s Pod, back of house and a meditation pod will also be constructed. All buildings will be constructed near the building platform identified on the title.”

What’s more, according to the application, “The lodge is designed in a manner that integrates the building forms into the context of the landscape and the site whilst providing each guest room with uninterrupted north-facing views towards Lake Wanaka and the Southern Alps.”

Plans show a private home on the hillside with several buildings blending into the landscape, as well as a luxury lodge that can accommodate up to 24 people.
Queenstown Lakes District Council/ Kengo & Kuma Associates
Rendering 1
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Queenstown Lakes District Council/ Kengo & Kuma Associates

Still not everyone is pleased with the grand plan.

According to the ruling by independent commissioners on behalf of the council, the lodge would have a “distinctive visual appearance” and would be visible from many viewpoints.

“It will be of a sufficiently large scale and impact that it will draw the eye and be inappropriately dominant,” they said.

The Post has reached out to a rep for Thiel for comment.

Wanaka, a town of about 8,500 people, has been distinguished as an upscale town for tech, venture capitalist, and business moguls.

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Queenstown Lakes District Council/ Kengo & Kuma Associates

The self-proclaimed Donald Trump ally, in turn, argued that his home would appeal to a “high caliber” of visitors attracted to the exquisitely preserved views and the isolated location, adding that the environmentalists fighting against him were exaggerating on the basis of environmental protection at all costs. He even proposed abandoning the meditation pod to limit some of the visual influence.

The plans for the compound was designed by Kengo Kuma & Associates — the Japanese architecture firm behind the Tokyo Olympics stadium.

According to documents, the design was described as meant be in “harmony with the landscape,” and would’ve consisted of many standalone buildings.

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Queenstown Lakes District Counci
Thiel, worth and estimated $7.7 billion, has owned several properties in the country over the years and is just one of many who believe New Zealand is the ultimate place for riding out a global catastrophe.
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Queenstown Lakes District Counci

Thiel, worth and estimated $7.7 billion, has owned several properties in the country over the years and is just one of many who believe New Zealand is the ultimate place for riding out a global catastrophe.

Google co-founder Larry Page was granted residency in the country last year.

Reid Hoffman, who co-founded PayPal with Thiel, and Elon Musk, and later created the career platform LinkedIn, previously told the New Yorker, New Zealand was seen as insurance for the collapse of the United States.

Meanwhile, Thiel is an investor in Bluebook Cities, which aims to build semi-autonomous cities without “dumb regulations.”

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The F.D.A. Now Says It Plainly: Morning-After Pills Are Not Abortion Pills

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The F.D.A. said it made the change now because it had completed a review of a 2018 application to alter the label that was submitted by Foundation Consumer Healthcare, a company that in 2017 bought the Plan B brand from Teva Pharmaceutical Industries. Agency officials said the pandemic delayed the review process and that the timing was not motivated by political considerations.

A spokeswoman for the company, Dani Hirsch, said in an interview that for its 2018 application, the company had not conducted any new studies but had submitted “what was already out there.”

In a statement, the company’s marketing director, Tara Evans, said “the misconception that Plan B works by interfering with implantation can present barriers to broader emergency contraception access. The Plan B labeling correction will help protect continued over-the-counter emergency contraception access and reduce confusion about how Plan B works and further clarify that Plan B does not affect implantation.”

Plan B One-Step and its generic versions — including brands like Take Action, My Way and Option 2 — contain levonorgestrel, one of a class of hormones called progestins that are also found at lower doses in birth control pills and intrauterine devices. The pills are most effective in preventing pregnancy if taken within 72 hours of sexual intercourse, although they can sometimes work if taken within five days.

Another type of morning-after pill, marketed as Ella and containing a compound called ulipristal acetate, is only available by prescription and is not affected by the F.D.A.’s label change. There has been less research on this type of pill, but studies suggest that it is highly unlikely to prevent implantation of a fertilized egg. In 2009, after months of scrutiny, Ella was approved for sale in overwhelmingly Catholic Italy, where laws would have barred it if it had been considered to induce abortions.

According to data published in 2021 by the Centers for Disease Control and Prevention, nearly one-quarter of women of reproductive age who have sex with men answered yes to the question: “Have you ever used emergency contraception, also known as ‘Plan B,’ ‘Preven,’ ‘Ella,’ ‘Next Choice,’ or ‘Morning after’ pills?” The agency did not break down the data by the type of pills taken.

As far back as the 1999 approval process, the maker of Plan B — Barr Pharmaceuticals, later acquired by Teva — asked the F.D.A. not to list an implantation effect on the label, The Times reported in 2012.

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Who are Caroline Ellison’s parents? Fraudster’s mom and dad are MIT economists

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This apple fell far from the tree.

Caroline Ellison — who pleaded guilty to fraud charges related to her role in the FTX cryptocurrency scandal, which led to the extradition of Sam Bankman-Fried this week — is the daughter of high-profile economists at the Massachusetts Institute of Technology.

According to his curriculum vitae, Ellison’s father, Glenn Ellison, was educated at Harvard, Cambridge and MIT before becoming the Gregory K. Palm (1970) Professor of Economics at the latter. 

In addition to coaching youth softball and his daughters’ middle school math teams, he writes “Hard Math,” a series of textbooks and workbooks about teaching arithmetic to younger students.

Glenn Ellison is also an Elected Fellow of the Society for the Advancement of Economic Theory and American Academy of Arts & Sciences.

Caroline Ellison’s parents, Glenn and Sara Ellison, outside their Newton, Mass., home in early December.
Robert Miller

Ellison’s mother, Sara Ellison, is also an accomplished academic. Armed with an undergraduate degree from Purdue University and a mathematical statistics diploma from Cambridge University, her profile shows she completed a doctorate at MIT in 1993. 

Sara Ellison is currently a senior lecturer in the department alongside her husband.

“We were definitely exposed to a lot of economics [growing up],” Ellison, 28, once told Forbes.

Ellison, 28, plead guilty to fraud this week.
Ellison, 28, pleaded guilty to fraud this week.
Twitter / @AlamedaResearch
Caroline Ellison's sister, Anna, now lives in the West Village.
Caroline Ellison’s sister, Anna, now lives in the West Village.
BRIGITTE STELZER

Glenn and Sara Ellison were photographed by The Post outside their home in Newton, an affluent Boston suburb, earlier this month. Armed with several bags, they told reporters they were too “busy” to comment on the FTX scandal.

The eldest of three sisters — including Anna, 25, who now lives in Manhattan’s West Village — Ellison distinguished herself as a precocious math whiz at a young age. 

When she was just 8 years old, she reportedly presented her father with a paper analyzing stuffed animal prices at Toys ‘R’ Us.

Sam Bankman-Fried leaving Manhattan Federal Court on Thursday.
Sam Bankman-Fried leaving Manhattan federal court on Thursday.
Matthew McDermott
Both Glenn and Sara Ellison are economists at MIT.
Both Glenn and Sara Ellison are economists at MIT.
Robert Miller

She went on to compete in the Math Prize for Girls while at Newton North High School before studying mathematics at Stanford University, where former professor Ruth Stackman described her to Forbes as “bright, focused, [and] very mathy.”

Ellison and Bankman-Fried, 30, crossed paths at the Wall Street trading firm Jane Street. Bankman-Fried’s parents are also both university lecturers, at Stanford in California. They became good friends and she joined Alameda Research, the hedge fund arm of the FTX crypto exchange, in 2018. She then became CEO in 2021. However, the company remained owned 90% by Bankman-Fried and 10% by another member of his circle.

In addition to documenting her supposed foray into polyamory on Tumblr, Ellison once boasted about drug use on social media.

Sara Ellison completed a doctorate at MIT in 1993.
Sara Ellison completed a doctorate at MIT in 1993.
Robert Miller

“Nothing like regular amphetamine use to make you appreciate how dumb a lot of normal, non-medicated human experience is,” she tweeted in 2021.

Ellison reportedly admitted to Alameda employees that FTX had used client funds to bail out the fledgeling hedge fund during a video call in November. She was eventually terminated as CEO by insolvency professional and current FTX CEO John J. Ray III after FTX and Alameda filed for Chapter 11 bankruptcy.

She pleaded guilty to federal fraud charges on Monday, and has subsequently been released on $250,000 bail.

Ellison was spotted getting coffee in New York City on Dec. 4.
Ellison was spotted getting coffee in New York City on Dec. 4.
Twitter / @AutismCapital

Although she could be sent to jail for up to 110 years for her part in the FTX-Alameda scandal — which has been said by federal prosecutors to have lost between $1 billion and $2 billion of customers’ cash — she is thought to have struck a deal with the feds for a much lighter sentence in return for her cooperation.

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Iran condemns Zelensky’s remarks to Congress as ‘baseless.’

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Iran has condemned President Volodymyr Zelensky’s remarks to the U.S. Congress, warning the Ukrainian leader against further accusing Tehran of supplying weapons to Russia for use in the war.

Mr. Zelensky told Congress on Wednesday that Iranian-made drones “sent to Russia in hundreds” had been threatening Ukraine’s critical infrastructure, a view shared by American and European officials. In Iran, he said, Russia had found an “ally in its genocidal policy.”

A spokesman for Iran’s foreign ministry, Nasser Kanaani, called Mr. Zelensky’s comments “rude” and “baseless.”

“Mr. Zelensky had better know that Iran’s strategic patience over such unfounded accusations is not endless,” Mr. Kanaani said in a statement on Thursday.

Although Iran has officially denied supplying Russia with the weapons since Moscow’s invasion of Ukraine, U.S. officials have said that the first shipment was delivered in August.

Mr. Zelensky has said that drones used in Monday’s wave of predawn attacks on Kyiv and other Ukrainian cities were from a batch recently delivered to Russia by Iran. The strikes came after Biden administration officials said that Russia and Iran were strengthening their military ties into a “full-fledged defense partnership.”

The European Union last week condemned Iran’s military partnership with Russia as a gross violation of international law and announced new sanctions against Iranian individuals and entities over their roles in supplying the drones that Moscow has used to attack Ukrainian civilians and infrastructure. That followed a round of sanctions on Iranians over the drone deliveries in October.

Mr. Kanaani “once again emphasizes” that Iran has not supplied military equipment for use in Ukraine, the statement issued on Thursday added, and urged Mr. Zelensky to learn “the fate of some other political leaders” who were happy with U.S. support. It was not clear which other leaders the statement was referring to.

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