FX.co ★ Top 5 bitcoin billionaires

Cameron and Tyler Winklevoss

Bitcoin portfolio: each owns $1.4 billion

The Winklevoss brothers came to notoriety when they invited Mark Zuckerberg to create a Facebook prototype. However, later they claimed that Zuckerberg stole their idea. They filed a lawsuit against him, claiming ownership of Facebook. They won the case and received a huge compensation which they invested in bitcoin. Interestingly, they were among the first speculators who were not afraid to buy bitcoins as an asset on the Gemini cryptocurrency exchange. As it turned out later, it was a rather smart decision. Nowadays, the Gemini cryptocurrency exchange carries out daily transactions with a total volume of $300 million. In the spring of 2013, the brothers owned bitcoins worth $11 million but the value of the cryptocurrency itself was not too big, totaling $120. However, today this modest reading has long been a relic of the past as the bitcoin price has skyrocketed considerably. So has the Winklevoss brothers' fortune.

Matthew Roszak

Bitcoin portfolio: $1.2 billion

Initially, Roszak worked in the venture capital investment sector, as well as developed his own business. In 2012, he made his first investment in bitcoins, believing in their future success. Today, he is mostly involved in his Bloq startup established five years ago. The company offers financial consultations for people interested in cryptocurrencies, helps to process payments for stablecoins, and also provides assistance to other financial organizations in storing digital assets. Rozsak has a solid theory on the distribution and promotion of digital assets. In particular, he thinks that every congressman in the United States should be given $50 in cryptocurrency. Thanks to bitcoins, the entrepreneur was able to increase his fortune by almost $300 million over the past year.

Tim Draper

Bitcoin portfolio: $1.1 billion

Tim Draper is the successor of the investment dynasty. In 1985, he became one of the founders of the Draper Fisher Jurvetson venture fund, which later turned out to have dozens of investments in start-up companies. For example, among the startups of the fund was a well-known company, Tesla. In 2014, Draper decided to buy bitcoins with a total of 29,656. At that time, the cost of 1 bitcoin was $632 and the total purchase amount was quite significant – $18.7 million. However, this large investment was quite successful given the bitcoin value today. Investments in virtual assets have made him a billionaire.

Michael Saylor

Bitcoin portfolio: $600 million

Michael Saylor is the CFO of MicroStrategy who has been investing in bitcoins since 2020. He convinced his colleagues to buy bitcoins worth $1.1 billion, which later brought the company quite impressive dividends. Nowadays, these investments are estimated at $2.4 billion. Sailor's unexpected decision was prompted by the policy of the US Federal Reserve and the huge inflationary risks that the country's economy faced last year. Nevertheless, his bitcoin strategy has so far proved to be quite efficient. Moreover, he also prefers to spend his own money on buying bitcoins. In the fall of 2020, he acquired 17,732 bitcoins worth $175 million, and now their price amounts to at least $600 million. Taking into account his share in MicroStrategy totaling $1.2 billion, Tim Draper can rightfully take his place on the bitcoin billionaires' list.

Mike Novogratz

Bitcoin portfolio: $478 million

In his career, Novogratz had to experience a rather devastating failure more than once. He knows better than anyone what it is like to lose your entire fortune overnight. However, all these hardships did not break the spirit of the titan of hedge funds working at The Goldman Sachs and Fortress Group. He came with a new strategy on how to regain his dominant position in the market. He created and became the head of his own organization - Galaxy Investment Partners. Its main activity is related to investments in the cryptocurrency sector. Novogratz bought bitcoins back in 2013. He invested $7 million and soon enough this investment multiplied his fortune markedly, becoming the initial capital for his new company. Today, he owns 77% of Galaxy Investment Partners. His investment portfolio, which includes bitcoins, makes him a very wealthy businessman.