Billionaire investor Peter Thiel has $5B in his tax-free retirement account, report finds
Peter Thiel, the luminary venture capitalist billionaire, has used a common personal retirement account as his own “$5 Billion Tax-Free Piggy Bank,” according to a new report from the nonprofit news organization ProPublica. Roth IRAs, which were created in 1997, are meant to serve as an incentive for people to save money now and be …