top of page

Recommended Reading - Bitcoin Billionaires: A True Story of Genius, Betrayal, and Redemption

  • Nov 2, 2019
  • 1 min read

Updated: Mar 13, 2022


Bitcoin Billionaires: A True Story of Genius, Betrayal, and Redemption

Those who have read Ben Mezrich’s book The Accidental Billionaires, which was made into the movie The Social Network, will know the Winkelvoss twins. They were the big, square-jawed, square-shouldered identical twins/Harvard rowers who hired Mark Zuckerberg to work on their Facebook-like project in college. Zuckerberg wound up launching his own product, which grew into the Facebook that counts one quarter of the world as its members. A lawsuit followed, and after the settlement the Winkelvoss twins were substantial millionaires. Mezrich opens his new book, Bitcoin Billionaires, with a meeting in San Francisco between the twins, Zuckerberg, and an army of lawyers.



But this book is not a sequel to the first book so much as a chronicling of the Winkelvosses’ second act. As the Winkelvosses tried to launch a career as venture capitalists, they soon realized that their fight with the Zuck had tainted their money: no one in Silicon Valley would take it. Then, in Ibiza of all places, they learn about a crazy new idea called cryptocurrency. Flash forward to November 27, 2017: the Winkelvoss twins became the first Bitcoin billionaires.


If you’re wondering how that happened, this book tells the fascinating tale.


Important Disclosure: Northland Wealth Management Inc. is registered with the Ontario Securities Commission as a Portfolio Manager.

This article is provided for general informational and educational purposes only and does not constitute investment advice, a solicitation, or a recommendation to buy or sell any security or investment product. The information contained herein is based on sources believed to be reliable as of the date of publication, but its accuracy or completeness is not guaranteed. Past performance is not indicative of future results. Any discussion of specific asset classes, investment strategies, or market conditions is general in nature and may not be suitable for your particular circumstances. Investment decisions should be made in consultation with a qualified advisor who understands your specific financial situation, objectives, and risk tolerance. Nothing in this article should be construed as a public offering of securities. Northland Wealth Management Inc. and its employees may hold positions in securities or asset classes discussed in this article.

bottom of page