The Roth IRA is a retirement account allowed by a 1997 law. It’s intended for middle-class investors, and has limits on both the investor’s income level and the amount that can be invested. But billionaire Peter Thiel found a hack. Because he was one of the founders of PayPal, he was able to use a $2,000 investment to buy 1.7 million shares of the company at $0.001 per share, turning it into $5 billion—all forever tax free.
