Wednesday, 30 September 2020

Winklevoss twins become world’s first bitcoin billionaires

How low will they go?

SINGAPORE: Tyler and Cameron Winklevoss – the Harvard University rowing twins who famously sued Mark Zuckerberg claiming he stole their idea for Facebook – have just become the world’s first bitcoin billionaires, say media reports.

The 36-year-old brothers lost their case against Zuckerberg but received a settlement of US$65 million and used US$11 million of it to invest in bitcoin back in 2013, meaning they were early backers of the cryptocurrency.

The identical twins – who were made famous in the Facebook movie, The Social Network – reportedly bought 1 per cent of all bitcoin in circulation at that time.

Check Also

UK’s post-lockdown recovery loses steam as household demand weakens

LONDON: Britain’s recovery from the coronavirus lockdown lost some momentum this month, a business survey ...

Leave a Reply