Forbes Recognizes Two Bulgarians Among World's Richest Individuals Yet Again
In the latest unveiling of Forbes' prestigious billionaires list for 2024, the world witnesses a dynamic panorama of wealth distribution and economic shifts
A few years ago, the twins Tyler and Cameron Winklevoss brought a lawsuit against Mark Zuckerberg and accused him of stealing the idea of creating the Facebook social network. The Winklevoss brothers received USD 66 million settlement from this case.
With some of that money, and more precisely USD 11 million, the twins bought bitcoin. And they did not make a mistake. The purchase of the digital currency was made in 2013, when the cost of a single bitcoin was USD 120.
For $ 11 million, the brothers bought around 100,000 bitcoins, which then was approximately 1% of the turnover of all digital coins. In 2017, the growth of the bitcoin was enormous, and since the beginning of the year, the price of cryptocurrency has increased more than 10 times.
Today, the Bitcoin course is now at more than $ 11,500, and this means that this has increased the wealth of the Winklevoss twins 100 times. In this way, thanks to a good investment in 2013 and the phenomenal growth of the bitcoin, the Winklevoss brothers became the world's first bitcoin billionaire. It can be said that many of the original owners of bitcoin have greatly improved their financial position.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Along the Southern Black Sea coast, preparations are in full swing for a successful and peaceful summer season, as confirmed by Minister of Tourism Evtim Miloshev following discussions with local authorities and control institutions
As summer approaches, Bulgaria's seaside tourism industry faces a daunting challenge as hotels may remain shuttered due to a severe shortage of staff
The real estate sector in Sofia has shown resilience in the face of ongoing pandemic challenges, maintaining stability across all segments in the first quarter of the year
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022