Tyler and Cameron Winklevoss are well-known names in the world of cryptocurrency. They claimed in 2004 that Mark Zuckerberg stole their idea for the social networking site. After being in court for four years, they received a settlement of $65 million from him.
Some of this money was used to buy Bitcoin, and they were among the first to reveal that they had invested $11 million in it. With that investment, the twins bought 1% of all Bitcoin, which was worth $10 at the time. They became the first Bitcoin billionaires in 2017. They are believed to own around 70,000 Bitcoins. According to Forbes Winklevoss Twins Net worth $2.7 billion in 2024. If want to explore more about their financial and career then read the blog till end.
Who are the Winklevoss twins?
Tyler and Cameron Winklevoss are twin brothers from the United States who are billionaires and businessmen. The 42-year-old brothers were born on August 21, 1981, in New York and grew up in Greenwich, Connecticut. At Harvard, Tyler and Cameron met Facebook creator Mark Zuckerberg, who was also a student there. They later sued him, stating that he accepted their idea after he helped them create their site ConnectU.
How Much is Winklevoss Twins Net Worth?
Cameron and Tyler Winklevoss are known as Winklevoss Twins, as per Forbes they have an estimated net worth 2.7 billion USD in the real time. They began attending Harvard University in 2000, where they both studied economics. While at Harvard, they also competed in sailing at the 2008 Beijing Olympics.
The Winklevoss twins are famous for their involvement in the creation of Facebook which is also depicted in the film The Social Network. They have long claimed that Facebook co-founder Mark Zuckerberg stole their idea for the social networking site.
In September 2004, they filed a lawsuit claiming that Zuckerberg copied parts of their code to launch thefacebook.com. A California court dismissed the case and ordered them to settle the dispute through arbitration. The dispute was settled in 2009. Facebook paid the Winklevoss twins $65 million, consisting of $20 million in cash and $45 million in Facebook shares.
After receiving payment from Facebook owner Mark, they invested all their money in Bitcoins. That same year, the twins invested about $10 million in Bitcoin (BTC) and each Bitcoin was worth about $8. According to Forbes, as of April 2021, their Bitcoin investments have made them a combined $6 billion.
Cameron and Tyler Winklevoss’s Companies
The Winklevoss twins started the Gemini crypto exchange in 2014. Cameron Winklevoss is the company’s chairman, and Tyler Winklevoss is the CEO.
They also started a venture capital firm called Winklevoss Capital in 2012 and a social networking site called ConnectU in 2004.