Just thought again about the Winklevoss twins and how wildly their wealth has grown over the past few years. They are actually a perfect example of how early Bitcoin investments can make you a billionaire.

According to various sources, the Winklevoss fortune is currently estimated to be somewhere between $4 billion and $7.5 billion per person. Bloomberg values them at $7.5 billion each, while Forbes is a bit more conservative at $4.3 billion. The main difference lies in how they value the Bitcoin holdings. But regardless of which number you choose – they are definitely among the wealthiest people in the crypto space.

It all started in 2008, when they received the famous $65 million from Facebook – $20 million in cash, $45 million in stock. That was the starting point. Afterwards, they smartly invested these funds into crypto. Today, they hold about 70,000 Bitcoins, which at current prices is worth over $7.9 billion. That’s the majority of their wealth.

In addition to Bitcoin, they built a pretty established exchange with Gemini. The platform has over one million active users, regularly handles massive trading volumes, and offers not only trading but also staking, custody, and their own stablecoin GUSD. Gemini generates revenues in the hundreds of millions, but also incurs significant expenses. The exchange is unprofitable, which is common among many centralized exchanges – but the business model is still solid.

What makes the Winklevoss fortune even more interesting: it is extremely concentrated in Bitcoin and Gemini. On one hand, this is a big advantage in a bull market, but on the other hand, it’s a risk if the crypto market crashes. Unlike other major exchanges, they are not as diversified as Coinbase. Still – those who entered Bitcoin early and invested smartly can afford such concentration bets.

It will be exciting to see how the Winklevoss fortune develops further, especially if Gemini eventually takes the next step. The exchange has long been rumored to go public, but nothing concrete has materialized so far. Regardless – with their early Bitcoin holdings and Gemini, they have built a solid fortune that is impressive in the crypto world.