Cameron and Tyler Winklevoss have become the first bitcoin billionaires! According to Fortune Magazine, the twin brothers used their Facebook payout to reach financial success with Bitcoin.
The buisness-minded brothers made an $11 million dollar investment in bitcoin four years ago -- which came from the $65 million they won in a lawsuit against Facebook in 2011. The twins claimed Mark Zuckerberg stole their idea for a social network during undergrad at Harvard (the alleged incident was portrayed in the movie The Social Network).
Reportedly the brothers have not sold a single one of their Bitcoins, but watched the value increase. At the time of their investment, the currency was trading at $120. Today, a single Bitcoin’s value was $11,247.
Congrats to the Winklevoss brothers.