Successfully invested: The Winklewos Brothers invested some of the money borrowed from Zuckerberg in Bitcoin. Now they are billionaires

in news •  7 years ago 

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Successfully invested: The Winklewos Brothers invested some of the money borrowed from Zuckerberg in Bitcoin. Now they are billionaires

A few years ago, twin brothers Tyler and Cameron Winklewossy sued Mark Zuckerberg and accused him of stealing the idea of ​​Facebook social network. As a result, they received compensation in the amount of $ 66 million. Some of this money - $ 11 million - was invested in the purchase of Bitcoin crypto currency. And did not lose.

At the time of purchase (in 2013) the cost of Bitcoin was about $ 120 per unit. For $ 11 million brothers bought about 100 thousand bitcoins, which at that time was about 1% of all available in circulation cryptonym. In 2017, there is a significant increase in the value of Bitcoin, since the beginning of the year the rate of crypto currency has increased more than 10 times. Currently, one Bitcoin is given about $ 11.5 thousand, respectively, the value of the assets of the Winklewos brothers increased by approximately 100 times.

Thus, thanks to successful investments in 2013 and the phenomenal growth of the rate of crypto currency in the future, now the Winklewos brothers have become dollar billionaires. It should be noted that many of the original Bitcoin owners were able to increase their fortunes as a result of the growth of the value of the crypto currency. But it was the Winklewos brothers who most likely became the first public billionaires due to the investment in Bitcoin.

Source: The Telegraph
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  ·  7 years ago (edited)

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