Venture Capital

Billionaire investor Peter Thiel has $5B in his tax-free retirement account, report finds

ProPublica found that Thiel was able to avoid taxes on billions of dollars’ worth of capital gains through the use of a Roth IRA. 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 …

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