As per the latest reports, Theil Will is one of the masterminds behind the successful company Meta also known as the parent company of FaceBook. It was speculated that  Peter Theil Will be moving out from the company. He was also the advisor of Former President Donald Trump and helped him make major decisions related to politics.

It is believed that Peter Theil will be staying in the company till the next shareholders meeting. However, he will not be participating in the elections for the shareholder’s post.

Peter Theil has immensely contributed to the company and been a part of Facebook after it was founded in 2005.

He was one of those important members who founded Facebook. He was also the force behind the cutthroat internal politics and decision-making in the organization. He has been the person behind various strategies of Facebook that led the organization to greater heights in the technological space. 

Mark Zuckerberg stated that Peter was a magnificent and versatile individual with the quality of making strong decisions towards the development of the company. He was able to bring distinctive solutions to the most difficult problems. He further thanked him for serving the company for more than two decades.

The actual reason behind Peter leaving is still unknown but sources claimed that Peter will be focusing on forwarding the Trump agenda and will majorly participate in November elections and focus on candidates and Trump’s position in the election.