Investing.com – Tyler and Cameron Winklevoss – the brothers who alleged that Mark Zuckerberg stole the idea for Facebook (NASDAQ:) from them, own one of the largest portfolios in the world.
After they won $65 million in a lawsuit against Facebook in 2011, the twins invested $11 million in Bitcoin. Back then, Bitcoin cost $120. The twins once bragged that they owned 1% of all Bitcoin, which amounts to approximately 1.5 million coins in all. They have reportedly not touched any of their holdings; they’ve just watched their wealth grow.
Today, with a single Bitcoin valued at more than $15,000, the brothers’ Bitcoin investment is worth well over $1 billion.
The brothers have launched the Gemini cryptocurrency exchange and also tried to create a Bitcoin ETF, but failed to get SEC approval. Perhaps now that Bitcoin futures has arrived, their ETF idea will get reconsidered and open the door for more institutional investing.
Either way, with $1 billion in the digital bank, the brothers are the first Bitcoin Billionaires.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.