Peter Thiel’s $5 Billion Tax-Free Fortune Is Legal. That’s the Real Crime.
Peter Thiel turned his Roth IRA into a $5 billion tax-free fortune using a legal valuation loophole in private stock. The real scandal isn’t tax avoidance—it’s that the system allows early-stage shares to be arbitrarily priced at pennies, then sold for billions. And the rest of us pay the price.