Peter Thiel and his billion dollar Roth tax shelter

My wife and I are avid readers of Matt Levine’s Money Stuff newsletter (if you’re not subscribed to that, and you generally like the things that I put out, it’s definitely worth a look). The other day, they had a section discussing a recent ProPublica (which has been on a roll, writing some incredible pieces about how the uber-wealthy wiggle out of tax burden) article about Peter Thiel’s $5B Roth IRA. Before I get into any more detail, I’ll say that I’m absolutely a believer in paying your fair share in taxes, but hot damn was this a crazy tax maneuver.