Winklevoss Twins Net Worth: Business Empire & Lifestyle

The famous American investor, rower, and entrepreneur duo Winklevoss twins have a total net worth of  $6 billion as of April, 2024.

Winklevoss twins: Cameron Winklevoss and Tyler Winklevoss first got famous after their life story was filmed in 2010 on the movie “The Social Network.“

Whenever we hear the name of Mark Zuckerberg, the name of Winklevoss twins are directly related. They have been in a rivalry for a long time now.

The twins were involved in a business of Facebook with Mark Zuckerberg but they claimed he stole the twins’ idea of Facebook.

If you believe in multi-talent, then the twins are an absolute example of it. They are involved in business, music, and Olympics as well.

Quick Facts

Here are some quick facts about The Winklevoss twins.

Winklevoss twins’ net worth and Income

Net Worth

The twins have a total net worth of $6 billion in total or $3 billion each.

Income

In 2003, the twin brothers were recruited by Zuckerberg for their campus social media project.

It was the twins who created the concept to create Facebook. However, Zuckerberg ran off with Winklevoss’s idea.

Eventually, In 2008, Mark settled the lawsuit by paying $65 million and Facebook shares.

Finally, Six months later, the duo represented the United States at the Beijing Olympics in rowing competitions.

Things turned out to be goods for the twins. Nevertheless, the twins lost their ownership of Facebook against Mark Zukerberg.

Winklevoss twins now own a multi-million dollar cryptocurrency company, Gemini, worth $147 million as of April, 2024.

Back in 2012, the twins invested $10 million in a rare digital media sensation: Bitcoin, which was just worth $8 per unit back then.

Raise in the value of Bitcoin has raised the twins’ investments in other businesses up to $6 million.

In 2012, the twins also founded the family office Winklevoss Capital Management to undertake venture investments.

The famous duo has invested in a total of 25 digital startups.

One of the most famous investments of the twins was in Block-Fi: Trading, where you can buy, sell, or exchange cryptocurrencies.

Nevertheless, the company raised $350 million in investment and $3 billion in the company’s value.

Later in May 2013, the twins’ invested $1.5 million in BitInstant. It represented 30% of the total purchases of Bitcoin at that time.

However, they were not entirely legal and had to shut down by the end of a year.

In April 2013, the twins held $11 million in bitcoin, which grew up to $1 billion by 2017.

At that time, the report said that the twins were holding about $1.3 billion bitcoins and extra $350 million cryptocurrencies like Etherum.

Winklevoss twins’ Net Worth in different countries

The duo seems to be very rich in terms of USD. Let’s look into the duo’s net worth in different currencies, including the cryptocurrency BitCoin.

Winklevoss Twin’s : Houses, Cars & Aircraft

House

The brothers not only seem to be involved in Bitcoin but also in renting houses.

Winklevoss’s stunning house in Los Angeles is now discounted and can be rented at $1,10,000 per month.

Previously, the home was available for a whopping $150,000 a month.

In 2012, the twins purchased an 8,000-square-foot home for $18 million.

The house has five beds and nine baths, and there’s an expensive infinity pool with marvelous views of the city.

The garage in the house has a capacity to fill up to 6 cars.

However, the rumor says that the twins live in Manhattan’s house, which is valued at $1 billion.

Cars

While most bitcoin holders spend their money on Lamborghini, the twins seem to be focusing on investing, not spending.

The reports from “The Times” state that Cameron drives an old SUV car that costs around $22,000, while Tyler does not seem to have a car.

It’s crazy how one of the multibillionaires does not own a car.

Aircrafts

In 2014, the twins bought a ticket to space with Richard Branson’s Virgin Galactic. At that time, the value of Bitcoin was just $800.

They are planning to use Bitcoins to buy tickets to space in order to change the way of traveling.

Winklevoss twins: Lifestyle and Vacations

Lifestyle

The twins were very curious from the very beginning. They taught HTML themselves at the age of 13, started a website for a business company.

Both of the brothers were interested and involved in the same things. They represent the pattern of teamwork.

From building legos to building a multibillion-dollar asset, the twins do it together.

Vacations

There is no detailed information about the twins’ vacation.

However, they have been to Beijing for Beijing Olympics to compete at Beijing Olympics.

Charity

The twins have been donating Bitcoin to water will “HODL” at least until January 2025.

The main aim of the Water charity is to supply drinking water to developing countries.

They have already donated 15 bitcoins, i.e., $550,000, for the charity, which is enough for 11,000 people to have clean water.

However, the duo aims to provide clean water to 2 million people until 2025.

The twins are also seen organizing Non-fungible Token verifies the authenticity and originality of the blockchain representation of the artwork.

The portion of funds raised from Non-fungible Token will be donated to a charity of the public figure’s choice.

Winklevoss twins: Movies, Books, Investments, Endorsements

Movies

A handful of people heard the story of the Winklevoss twins until 2010.

The release of the movie “The Social Network“ is about how Mark Zukerberg stole the twins’ idea and created Facebook based on their real lives.

The famous Armie Hammer played their character.

The movie made $224.9 million at the box office, while the budget of $50 million.

Furthermore, the movie also received 122 awards from 203 nominations.

Books

Not only movies but also books are published on the lives of the famous twins.

In 2019, Ben Mezrich wrote a book on the untold story of the famous brother Tyler Winklevoss and Cameron Winklevoss named Bitcoin Billionaires: A True Story of Genius, Betrayal, and Redemption. 

The book was one of the best sellers in the USA, which was able to make half a billion dollars.

However, there is a huge difference between Books and Movies. Both Books and Movies should be at least read and watched once.

Investments

The twins seem to be investing in so many fields these days.

They have made fortunes just by investing in Bitcoins for less than a decade.

As a result, the twins were the first people to be billionaires by investing in cryptocurrencies by 2017.

Their first business venture started in 2008 with Mark Zuckerberg on Facebook Settlement.

They earned $65 million in cash and Facebook share.

In 2012, the Twins started investing in Bitcoins. By the end of 2013, they had already made $11 million.

Later in 2014, the duo co-founded “Gemini” which is worth more than 147 million dollars as of April, 2024.

In 2019, the twins started in other cryptocurrencies like Etherum, BlockFi, etc.

By 2021 both Gemini and BlockFi are set to launch as crypto credit cards.

The twins’ portfolio shows that most investments are under cryptocurrencies. However, they have been investing in charities like HOLD, Non-fungible Token.

As of April, 2024, the twins have invested in 25 different startups.

Endorsements

The multibillionaire duo’s endorsement is in various digital startups, mostly in cryptocurrencies.

Winklevoss Twins’ Career

It was pretty sure that the twins had started their careers at an early age.

By the age of 13, the twins made a website for the company and started working at a young age.

Later, In their mid-twenties, the twins made a huge deal with Mark Zuckerberg and the idea of Facebook.

Later, In 2010, a movie was made on their life, which bought them loads of money and fame in Hollywood.

In a way, the movie was the main turn of events when it came to their career.

That is how the twins got involved in the path of the business and the fame.

Eventually, they invested in different companies and cryptocurrencies, and hence they are now a multibillionaire.

Do you know who else is a Billionaire? Michael Jordan.

Facts About Winklevoss Twins

Here are some interesting, fun facts about the Winklevoss twins.

• Mark Zuckerberg and Winklevoss twins’ rivalry has been the topic of gossip for more than two decades now. However, both parties seem to have resolved their rivalry and are on the verge of being business partners again.
• Both of the brothers participated in the 2008 Beijing Olympics. But only one of the brothers, Tyler Winklevoss, was able to obtain 6th place in the Olympics.
• It is still unknown that which of the twins were the firstborn. Even the twins don’t know which one of them was born first.
• The twins seem to be multitalented cause they are not only involved in business but also music. They have spent 12 years taking piano lessons.

FAQs

Are Winklevoss twins still on Facebook?

No, the twins are not involved with Facebook. Both of the brothers now own their multibillion companies.

Who owns most of the bitcoin?

Both Tyler Winklevoss and Cameron Winklevoss own most of the bitcoin.

Are Mark Zuckerberg and Winklevoss twins’ net worth similar?

Mark Zuckerberg has a total net worth of $122.09 billion, whereas the twins only have a total net worth of $6 billion as of April, 2024.