PayPal co-founder Peter Thiel’s invested $2000 in a Roth account in 1999. Today is has grown to $5 billion today, thanks in part to investments in private securities. Senator Ron Wyden, chairman of the Senate Finance Committee, has also proposed restricting contributions to Roth IRAs after they’ve reached $5 million Bloomberg reported. He had first proposed this rule in 2016, but has since revisited it after news broke of Thiel’s account balance.
Peter Thiel did not do anything illegal or against the tax code. He spent time managing his account through aggressive investing. This is not something that should be punished in my opinion.

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