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!
Bulgaria’s prospects for joining the euro in 2025 have been bolstered by a cooling annual inflation rate, which dropped to the eurozone average of 2.4% in April, marking its first dip below 3% since the summer of 2021
Many Bulgarian consumers are raising concerns about the resale of goods from Chinese sites like Temu and Shein at higher prices in Bulgarian physical and electronic stores
Coastal hoteliers are increasing employee wages by at least 20% to address the staff shortage
In April, inflation across the European Union remained steady, with both the EU and the Eurozone recording a rate of 2.6% and 2.4%, respectively, according to data from Eurostat, the official statistics agency of the EU
The Simeonovo lift, located on Vitosha Mountain, has ceased operations permanently due to unavailability of necessary parts
In 2023, the adoption of electronic business applications among enterprises in the EU varied considerably based on their size
Sofia Airport's Terminal 3 Construction Set to Begin in Early 2026
COVID-19 Impact: Bulgaria's Grim Milestone as Highest Death Rate in EU