Bitcoin’s price rise has created new billionaires: Here are their stories

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The new period investors investing in cryptocurrencies were discussed on the website of Forbes, one of the most important economic magazines in the world. Tim Draper, one of the twins of Winklevoss, was given information about the important names to the Ethereum founder Vitalik Buterin from Michael Saylor, who made his name known to the world with the Bitcoin purchases of Micro Strategy.

The increase in Bitcoin from $ 20,000 to 40,000 in less than a month causes more talk of “new Bitcoin riches”. Forbes’ article naturally begins with the story of the Winklevoss twins.

The twins who sued him in the past for allegedly stealing the ideas of Mark Zuckerberg, the founder of Facebook, and the winning twins had deposited the compensation they received from here in Bitcoin. In the article, it is stated that the Winklevoss brothers have been teased for years because of these moves, and now it is stated that the twins are the biggest focus.

The rise of cryptocurrencies, especially in Bitcoin, is on everyone’s lips in the last month, as it was in 2017… While the S&P 500 has gained 17 percent since the beginning of last year, Bitcoin has seen an increase of 400 percent. The largest cryptocurrency, which fell below $ 4,000 on the March 12 crash, then managed to recover again.

With this increase of BTC, which reached the $ 42,000 threshold at the weekend, the value of the total crypto money markets exceeded $ 1 trillion and reached the highest point in its history.

Of course, the investments of corporate companies and the statements of legendary hedge fund managers such as Paul Tudor Jones and Stanley Druckenmiller, who praised Bitcoin more and more every year, also had a great impact on the basis of all these increases.

So how much value cryptocurrencies have these business people who invest early in this Bitcoin, which is the language of everyone who takes the world in a completely different direction, and develop themselves over time, and what are their stories?

Here are the Bitcoin rich and their crypto assets on Forbes:

Cameron & Tyler Winklevoss:

Estimated crypto asset value: $ 3.2 billion

The Winklevoss brothers, the founders of the Gemini exchange, where a digital asset transaction of about 300 million dollars a day takes place, is one of the first well-known people to invest in Bitcoin… The twins, who were the boss of Mark Zuckerberg, later gained fame by suing the founder of Facebook for stealing their ideas. The twins, who were stated to have invested the money they earned here in Bitcoin and had $ 11 million Bitcoin when BTC was $ 120, do not comment on this issue, but considering that they did not sell their BTC and Ethereum from that period, the resulting figure is now $ 3.2 billion.

Matthew Roszak

Estimated crypto asset value: $ 1.2 billion
(In the photo)

Matthew Roszak, a venture capitalist in the 1990s and early 2000s and was accused of “inside trading” in 2006 but was acquitted, bought his first Bitcoins in 2012. Today, he is the co-founder and chairman of the blockchain technology startup Bloq, of which Citigorup and Discover are also customers. Bloq provides consultancy services to banks on issues such as payment processes related to fixed coins and secure storage of digital assets. Roszak, who has been a warrior for cryptocurrencies for a long time, also pioneered the initiative to give each congressman a $ 50 digital asset in the USA. Roszak, who had 300 million worth of digital assets last year, currently holds about $ 1.2 billion, according to Forbes. The successful businessman told Forbes, “The 2020s will be a time of tremendous impact for Bitcoin,” he said.

Tim Draper

Estimated crypto asset value: $ 1.1 billion

Tim Draper, a member of the Silicon Valley-based Draper ‘dynasty’, founded the venture capital venture Draper Fisher Jurvetson in 1985. It has invested in hundreds of companies, from Tesla to Theranos, now a bankrupt company. According to Draper’s statements; He bought $ 18 million worth of Bitcoin from Silk Road, which was closed in 2014 in the USA. 29656 Bitcoin was seized by US security services. When Draper bought Bitcoin, the BTC price was $ 632. Rejecting Forbes’ interview requests, but constantly stating positive opinions about Bitcoin, Draper said, “The dollar is the money of the past, and Bitcoin is the future. We are currently experiencing an anthropological period in which we are moving from dollars to Bitcoin. “I will continue to buy more and keep more,” he says.

Michael saylor

Estimated crypto asset value: $ 600 million

Michael Saylor, CEO of MicroStrategy, announced his name this summer. His company had a bombshell in the business world when he completely switched his cash assets to Bitcoin. Saylor paid an average price of $ 15964 per BTC. The value of BTCs at the time of purchase was $ 1.1 billion, now $ 2.4 billion. The US Federal Reserve has expressed concern over the devaluation of the dollar as the FED printed trillions of dollars. After the Bitcoin purchase on August 11, MicroStrategy’s share value has doubled. Saylor said in a statement in October that he personally spent $ 175 million to get 17,732 Bitcoins. Currently, the value of these BTCs is about 600 million dollars. When Saylor’s $ 1.2 billion share in the company is also taken into account, we come across a new dollar billionaire. “The American Dream requires its currency to be solid,” says Saylor.

Mike novogratz

Estimated crypto asset value: $ 478 million

Mike Novogratz, who returned to the stage again with crypto money after many investments he made, is both the founder and CEO of Galaxy Investment Partners, a crypto-based service developer company… It is stated that he invested $ 7 million in Bitcoin in 2013. Using these assets as the founding capital of Galaxy, Novogratz also owns 77 percent of the company. According to Forbes; The digital asset value of Galaxy2 is about $ 621 million, and this figure has increased 300 percent in the last 4 months. Considering Novogratz’s share in the company, his personal digital asset value is also worth $ 478 million. Cryptocurrencies he personally own are not included in the figure. Novogratz refuses to provide information on this matter.

Vitalik Buterin

Estimated crypto asset value: $ 360 million

Vitalik Buterin, the founder of Ethereum, currently the second largest cryptocurrency network worth $ 123 billion, is known for his academic and social interest in cryptocurrencies rather than an investor. It currently has more than 333,000 Ether worth about $ 360 million. A year ago this figure was 45 million dollars.

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