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Winklevoss brothers top Forbes Bitcoin billionaires list

13 Jan 2021


Forbes has named the six biggest winners of this latest cryptocurrency rally, including the Winklevoss brothers and Bloq’s Matthew Roszak.

Major business magazine Forbes has featured Gemini co-founders Cameron and Tyler Winklevoss as the richest Bitcoin (BTC) billionaires.

Compiled by Forbes crypto-focused reporter Michael del Castillo, the ranking provides a list of Bitcoin investors that won the most from Bitcoin’s massive surge up to $42,000 in early January.

The ranking includes three Bitcoin investors with an estimated crypto net worth above $1 billion, including the Winklevoss brothers, major industry investor Tim Draper and Matthew Roszak, chairman and co-founder of blockchain firm Bloq. The twins topped the list with an estimated cryptocurrency net worth of around $1.4 billion apiece. Roszak and Draper follow, with net worths estimated at $1.2 billion and $1.1 billion, respectively.

The list also includes three additional crypto investors: MicroStrategy CEO Michael Saylor, Galaxy Digital founder and CEO Mike Novogratz and Ethereum co-founder Vitalik Buterin. According to Forbes data, Saylor’s crypto fortune amounts to $600 million, while Novogratz and Buterin’s crypto net worths stand at $478 million and $360 million, respectively.

Castillo stressed that the newly released ranking is “by no means a complete ranking but captures just how much some fortunes have soared.” According to the expert, the Bitcoin bull run generated at least five billionaires, and “possibly quite a few more.” Castillo said that the rankings are based on publicly available digital wallet data. “Using everything from publicly available digital wallets to old-fashioned reporting, we set out to identify some of the biggest winners of this latest crypto boom,” he said.

On Friday, Bitcoin price set a new all-time high of $42,000 following a massive rally after finally breaking $20,000 at the end of 2020. Shortly after hitting $42,000, Bitcoin saw a major correction below $31,000 on Monday.

But according to its network fundamentals, Bitcoin price could be heading toward recovery, as Cointelegraph reported yesterday. Indeed, Bitcoin saw a notable 20% recovery on Tuesday from its recent bloodbath. At publishing time, Bitcoin is trading at $35,833, up about 9% over the past 24 hours, according to Cointelegraph’s Bitcoin price index. Over the past 30 days, Bitcoin is up more than 85%.

Source Cointelegraph