What did Peter Thiel do with Roth IRA?
In 2004, he became Facebook's first outside investor, buying 10.2% of the company for $500,000 through his Roth IRA. This investment alone would balloon in value following Facebook's public listing in 2012, contributing significantly to the Roth IRA's growth. Thiel's use of the Roth IRA was strategic.
Nov 30, 2023
