Hulk Hogan, Gawker, rich folks and the risk of feeling you can do no wrong

Former pro wrestler Hulk Hogan became famous through fake fights. Turns out the big real one he just fought and won wasn’t quite what it seemed, either.

And the true ramifications of that battle royale may be as hard to pin down as he once seemed to be.

Hogan was the victor of a $140 million verdict in his invasion-of-privacy lawsuit against Gawker Media over its posting bits of a sex tape.

His success was in no small measure thanks to a legal blitzkrieg funded — secretly, until recently — by Silicon Valley venture capitalist Peter Thiel, billionaire co-founder of PayPal and a member of Facebook’s board of directors.