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> has $5 billion socked away in a tax free Roth IRA How? You can only contribute a maximum of $7,000/year to all IRAs you own.
by jfrunyon 5y ago
> has $5 billion socked away in a tax free Roth IRA
How? You can only contribute a maximum of $7,000/year to all IRAs you own.
- mrep 5y agoHe invested in paypal with it right when he started it and it was worth like nothing. After that IPO, he then doubled down and invested the paypal returns into facebook with it. It's talked about in this article. https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank https://www.propublica.org/article/lord-of-the-roths-how-tec...