(FOX NEWS) Peter Thiel, a co-founder of PayPal and an early investor in Facebook, has been financing wrestler Hulk Hogan's ongoing lawsuit against Gawker Media, according to a report.
According to Forbes, Thiel has "played a lead role in bankrolling the cases" Hogan, also known as Terry Bollea, brought against Gawker. Thiel had no immediate comment on the report.
The Forbes report claims that Thiel has long resented Gawker after it attempted to out him as gay in 2007. Thiel, who is gay, was not open about his sexuality at that point.
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