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Tech billionaire Peter Thiel is reportedly on Trump's finance team

May 11, 2016, 06:30 IST

Founders Fund partner Peter Thiel.Neilson Barnard/Getty Images for New York Times

Silicon Valley billionaire Peter Thiel is on Donald Trump's campaign finance team, CNN reported on Tuesday.

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Thiel, who is cofounder of PayPal and a partner at Founders Fund, is also named on the presumptive Republican presidential nominee's list of California delegates, as reported earlier today.

According to the CNN report, a Trump campaign adviser said Thiel, along with New York investor Anthony Scaramucci are both assisting with Trump's fundraising efforts.

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Those efforts come as Trump looks ahead to the general election, where he faces a deficit compared to his potential Democratic challenger, Hillary Clinton.

Clinton, who is still fighting for the Democratic presidential nomination has been raising millions of dollars off of the real-estate billionaire's controversial rhetoric. That rhetoric, according to CNN's report, is what's caused wealthy GOP donors to shy away from Trump.

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A spokesperson for Thiel did not immediately respond to a request for comment.

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