Peter Thiel will speak at this week's Republican National Convention (RNC) in Cleveland, Ohio.
The 48-year-old Thiel is best known for co-founding PayPal and serving as its CEO. He's also known for being the first outside investor in the social networking site Facebook. He is a billionaire.
According to The Huffington Post
, Thiel is one of only three openly gay people who will speak at the event.
At this year's convention, delegates will give their stamp of approval to the Donald Trump – Mike Pence ticket for the White House and vote on the party's platform, which is blunt in its opposition to LGBT rights.
(Related: Gay GOP group Log Cabin Republicans denounces GOP platform's opposition to LGBT rights.
Others expected to speak at the event include Jerry Falwell, Jr., Texas Senator Ted Cruz, Alabama Senator Jeff Sessions and Florida Attorney General Pam Bondi, all of whom are vocal opponents of LGBT rights.
Trump and Pence are also opposed to gay rights.
(Related: Hillary Clinton calls Mike Pence "extreme VP pick"; Criticizes his support for anti-gay law.