In the Margins

'Winklevii' are world's first bitcoin billionaires

December 5, 2017

By New York Post

Tyler and Cameron Winklevoss have become the world’s first bitcoin billionaires. In 2013, the twins—nicknamed the Winklevii—used $11 million of the $65 million they pocketed when they settled a suit against Facebook founder Mark Zuckerberg to buy bitcoins. The two were early believers in bitcoin, and the large purchase of the cryptocurrency allowed them to control nearly 1% of bitcoins. As bitcoin has soared in value—to $11,413.46 on Monday morning—the value of their investment reached $1.046 billion. Read the original story from the New York Post.