The Winklevoss twins are Tyler Winklevoss and Cameron Winklevoss. Besides being American rowers, the two are Internet entrepreneurs, Olympians as well as venture capitalists. Why did they rise to fame? It was because of a lawsuit they laid against Mark Zuckerberg the Facebook Founder. The settlement was a reasonable amount of money.
They are also known as the founders of ConnectU formerly referred to as HarvardConnection. Its other founder was Divya Narendra who was their classmate back at Harvard University. As venture capitalists, the duo owns a lot of Bitcoin. Let’s find out how much is Winklevoss Twins’s net worth in 2018.
Winklevoss twins Early Life
In 1981 on 21st August, two parents namely Carol and Howard Edward Winklevoss welcomed into this world two baby boys. Howard is a big name for obvious reasons. The man was an actuarial science professor at the Wharton School of the University of Pennsylvania.
In addition to that, he not only authored Pension with Numeric Illustrations but also founded Winklevoss Consultants and Winklevoss Technologies. The couple gave their twins the names Cameron, and Tyler Winklevoss now called the Winklevoss twins. Their birthplace was Southampton, New York, but they grew up in Greenwich, Connecticut.
They enrolled at Greenwich Country Day School. Later, they joined Brunswick School where they studied both Ancient Greek and Latin. The two founded the crew program during their junior year. In 2001, they went to the Harvard University. While there, they were members of the Porcellian Club as well as the Hasty Pudding Club. They graduated in 2004 with B.A. degrees.
In 2009, they attended University of Oxford. They joined Christ Church as well. Cameron and Tyler earned an Oxford Blue for participated in Oxford-Cambridge Boat race while rowing in the Blue Boat. The following year, they received MBA degrees from its Said Business School.
Winklevoss twins were once spotted with dates. Tyler’s date was Marina Thesis while that of Cameron was Amanda Salvato.
Winklevoss twins Career
On 21st May 2004, a social networking website by the name HarvardConnection came into existence. The great minds behind the idea included the Winklevoss twins and their friend Divya Narendra. They had found it two years before its launch. Later, its name changed to ConnectU. The site is similar to most of the social media platforms. One can update a profile, add friends as well as communicate with them via messages.
They are also great investors when it comes to Bitcoin. At first, it could have been easier to give up but looking back they are glad that they pressed on. They own a company called Math-Based Asset Services LLC. In 2013, that company placed a request to register a Bitcoin exchange, Winklevoss Bitcoin Trust. They received the denial of the same in March 2017.
They funded a Bitcoin payment processor named Bitlnstant a total of $1.5 million in 2013. The Silk Road online black market was concluded the following year in January. One of the culprits was the CEO of the Bitcoin payment processor, Charlie Shrem. He was charged with money laundering.
They own seats of Virgin Galactic of Richard Branson. The purchase was in March 2014. The following year in October, they were approved to operate a Bitcoin exchange called Gemini.
Awards & Achievements
From the above discussion, the Winklevoss twins are great achievers beyond any reasonable doubts. They have gold, bronze as well as silver medals from rowing.
Net Worth of Winklevoss Twins
Winklevoss twins net worth is $1.1 billion. The settlement with Zuckerberg was $65 million. They bought 11,000 Bitcoin worth $11 million in 2013. That was at a price of $1,000 each. By December 2017, one of them was worth $11,300. The increase is impressive.
The Winklevoss twins are billionaires. They have made money through their many entrepreneurial endeavors. Tyler and Winklevoss have lived almost similar lives.