Billionaire investor Peter Thiel reportedly funded Hulk Hogan's lawsuit against Gawker

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The name of a surprising new contender may have just entered the ring of Gawker’s increasingly strange legal showdown with Hulk Hogan. 

Forbes is reporting through anonymous sources that billionaire Silicon Valley investor and Donald Trump delegate Peter Thiel has been secretly helping Hogan, whose real name is Terry Bollea, bankroll his ongoing quest to take down the media company in court.

The supposed revelation does fit with rumors throughout the Florida trial that Hogan was being supported by a wealthy benefactor. Gawker Media founder Nick Denton told the New York Times on Monday that he had a “personal hunch” that this backer had ties to Silicon Valley. Read more…

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