Investing
Winklevoss Twins Ride Bitcoin Surge to Become Billionaires Again
- Bitcoin has gained 115% this year amid central bank easing
- The twins were early investors in the cryptocurrency
Cameron and Tyler Winklevoss
Photographer: David Paul Morris/Bloomberg
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Tyler and Cameron Winklevoss, whose fortunes have been on a roller coaster since they jostled with fellow student Mark Zuckerberg at Harvard University more than a decade ago, are once again billionaires thanks to a surge in the price of Bitcoin.
The twins bought $11 million worth of Bitcoins in 2013, according to the New York Times, and soon became evangelists, creating crypto exchange Gemini Trust Co. The 39-year-old brothers, who gained widespread fame following the release of the 2010 movie “The Social Network,” briefly became billionaires in 2017 when Bitcoin soared to a record before the volatile currency plummeted.