Wellington | Peter Thiel’s plan to build a luxury lodge beside a mountain-ringed lake in a remote part of New Zealand has been thwarted by environmentalists.
An application by Second Star, a New Zealand company owned by the billionaire founder of PayPal, for resource consent to build the lodge at Damper Bay near the South Island ski resort of Wanaka was refused on the grounds it would have “sufficient adverse landscape and visual effects on the environment”.
Bloomberg Wealth