City
Epaper

Ex-Austrian Chancellor Kurz to join US Company owned by Trump supporter - reports

By ANI | Published: December 30, 2021 6:23 PM

Former Austrian Chancellor Sebastian Kurz confirmed on Thursday that he will join an investment company of Peter Thiel, US billionaire businessman and supporter of ex-President Donald Trump, media reported.

Open in App

Former Austrian Chancellor Sebastian Kurz confirmed on Thursday that he will join an investment company of Peter Thiel, US billionaire businessman and supporter of ex-President Donald Trump, media reported.

According to the OE24 broadcaster, to which Kurz confirmed his future career plans, the ex-chancellor will work as a "global strategist" for the US-based Thiel Capital firm. Thiel and Kurz met at the Munich Security Conference held in early 2017.

Kurz's income at the new workplace will be significantly higher than as the Austrian chancellor, up to 500,000 euros ($565.550) per year as compared to about 300,000 euros he earned as chancellor, according to insiders cited by the outlet.

Kurz is expected to live with his family in the United States most of the time.

The former chancellor resigned from the post of head of government in October amid a corruption probe and said he was completely quitting politics earlier this month. (ANI/Sputnik)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Munich security conferenceSebastian KurzPeter thiel
Open in App

Related Stories

InternationalEAM S Jaishankar and Chinese FM Wang Yi Engage in Brief Interaction on Sidelines of Munich Security Conference 2024 (Watch Video)

PoliticsAs Biden visits Ukraine, China's top diplomat heads to Russia

InternationalJaishankar's viral Europe remark echoes at Munich Security Conference in German Chancellor's statement

InternationalUS State Secy Blinken embarks on visit to earthquake-hit Turkey

InternationalBlinken warns China against aiding Russia in Ukraine

International Realted Stories

InternationalDP World, Einride announce largest deployment of electric, autonomous freight mobility in Middle East

InternationalMoS Rajkumar Singh receives SAARC Secy-General on his inaugural visit to India

International"Trump isn't bookkeeper for his company": House Speaker Johnson at New York courthouse for hush money trial

InternationalJUI-F to commence million march on June 1 from Pakistan's Muzaffargarh

InternationalRussian oil still ending up in UK despite sanctions