Who became rich from bitcoin?
Everyone knows the Winklevii (aka the “Winklevoss Twins”), who famously sued Mark Zuckerberg for allegedly stealing their idea for Facebook. They are now among the 400 richest Americans, with an estimated worth of $600 million. What you might not know is that these two Harvard graduates were also early investors in Bitcoin. In a joint venture with their twin brother Cameron Winklevoss, they made $11.5 million from initial Bitcoin investments in 2009, when the cryptocurrency was created. Though the brothers have not spoken about their investment in Bitcoin , some of their friends have explained it to journalists. For example, “When I first met them in 2011… [the Winklevoss twins] told me they had invested early on in Facebook,” says investor Tyler Winklevoss. “They bought about $11 million worth of Facebook at a time when the price was $24, and the stock closed on Monday at around $160.” So what made these two smart Harvard graduates invest so early in Bitcoin? Obviously, their in