WebJul 2, 2024 · What Peter Thiel’s Roth IRA Means for Yours. ... The largest one cited was a Roth IRA with $5 billion in assets (as of 2024) belonging to PayPal founder and investor … WebJun 24, 2024 · Four years after his Facebook investment, Thiel’s Roth IRA, which held just $1,664 less than a decade earlier, had grown to be worth more than $870 million. Thiel …

How to Invest in Startups Like Peter Thiel with a Self-Directed IRA

WebJun 9, 2024 · So, we’ll start at PayPal because that’s kind of where the story starts. The story Thiel and Elon Musk and a few tech folks started PayPal. And basically what he did, Peter Thiel, is he decided to use his Roth IRA to buy shares in PayPal – founder shares. And because they were founder shares, they were low in value. WebJun 26, 2024 · But PayPal co-founder Peter Thiel has used his Roth IRA to amass a $5 billion nest egg. Thiel’s Roth IRA was worth less than $2,000 in 1999, according to Internal … the olmec people used what for travel

Peter Thiel

WebJun 24, 2024 · Topline. Paypal cofounder and Silicon Valley mega-investor Peter Thiel has $5 billion socked away in a tax free Roth IRA, according to a new report from ProPublica, … WebAs far as I know (not a lawyer, not a tax accountant, etc), you can put your $6k into your Roth IRA account if you are eligible that year, and then you can buy whatever you want with that … WebJul 8, 2024 · IRAs can be self-directed, as can Roths, where tax is paid upfront so withdrawals are tax-free. According to ProPublica, Thiel was able to put 1.7 million shares … the olmecs used rafts to transport