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!
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
Bansko, Bulgaria's premier mountain resort, experienced a surge in winter tourism, with more than 190,000 visitors flocking to its slopes during the season
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will
In its latest macroeconomic forecast released on Tuesday, the Bulgarian National Bank (BNB) anticipates a 2.2% increase in Bulgaria's Gross Domestic Product (GDP) for the year 2024, compared to 1.8% in 2023
As Bulgaria inches closer to potential entry into the Eurozone, a closer examination of the nation's banknote circulation provides valuable insights into its monetary landscape
Vasil Velev, Chair of the Bulgarian Industrial Capital Association (BICA), delivered a stark assessment of the European Union's (EU) economic performance, highlighting concerns over its lackluster growth compared to global counterparts
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022