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Peter Thiel Made $5 Billion in a Roth IRA: How the Tech Entrepreneur Made a Tax-Free FortuneA Roth IRA, under the right conditions, is the best retirement vehicle you can have. Just ask Peter Thiel. According to ProPublica reporting sourced from IRS records, between 1999 and 2021 Thiel ...
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In Just 22 Years, Peter Thiel Turned $2,000 Into $5 Billion, Tax-Free. Here’s HowApproximately 24 percent of U.S. households have a Roth IRA, with an average balance of $129,000. Not too shabby. Unless you compare that to Peter Thiel, whose Roth IRA is reportedly worth billions.
Earlier this year, ProPublica, an investigative news organization, revealed that Peter Thiel’s $2,000 investment in a Roth IRA in 1999 is now worth more than $5 billion. As PayPal’s cofounder ...
Roth IRAs come with many benefits for those who use them. These robust savings accounts are some of the best retirement plans for growing your nest egg and unlocking tax advantages on contributions.
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