Tech billionaire Thiel backs wrestler Hogan's Gawker lawsuit - Forbes

Billionaire investor Peter Thiel is helping wrestler Hulk Hogan bankroll his lawsuit against Gawker Media, according to a report in Forbes. Hogan, whose real name is Terry Bollea, in March won a $140 million jury verdict against Gawker in a privacy lawsuit stemming from a sex tape Gawker had published. Gawker, a New York-based website specializing in media and celebrity news, is appealing the verdict.