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Her Husband Was Rumored To Have Married Former Miss Singapore Universe. We are mostly unaware of the personal life of Eduardo Saverin as he might have been thought it ignorant, and thereby he has kept it away from the shades of the daylight; this also could be because there must be some agreement that he might have come across because of which he hasnt mentioned anything about Mark Zukerberg and also about Facebook as well this all things must be because this thing might be secret for his business and after that, we have also come across that he has been married to his wife named Elaine Andriejanssen and because of that he along with his wife both are staying happily together, and they both are living together in Singapore as most of his family members are related with business and many other income sources as well. He left Facebook in 2007 to volunteer for Barack Obama's campaign. The couple met in Indonesia, where Elaine family is involved with multiple businesses. Saverin has likewise purchased Singapore-based Anideo, going by Andrew Solimine, a longtime pal. We know what Mark has been up to, but what about Hughes, Saverin, and Moskovitz? Saverin attended Miamis Gulliver Preparatory School. Eduardo Saverin's Net Worth, Earnings & Spending Habits What is Eduardo Saverin's net worth? They seemed friendly, joking it up, and whatnot. In late 2003 Mark approached Eduardo with his idea for TheFacebook.com. The major sources of income of Eduardo Saverin are his real estate business, entrepreneurship on the internet, and also the foundation of Facebook along with other co . Eduardo Saverin is one of the co-founders of Facebook and Google, together with Mark Zuckerberg, Chris Hughes, Dustin Moskovitz, and also Andrew McCollum. The business built a video-streaming application, Denso, that concentrates on choosing video clips based on a users individual preference. As a result, he was able to avoid an estimated $700 million in capital gains taxes. At some point Eduardo started to feel left out and resentful of Mark's business decisions. He also makes millions of dollars yearly from investing in tech behemoths like Facebook . Eduardo signed an agreement that handed over his rights to Facebook's intellectual property and his 3 million former "founder's shares." Singapore has no capital gains taxes and the U.S. does not impose capital gains tax on the U.S. investments of non-resident aliens. However, on May 15, 2012, Mark Zuckerberg fired Saverin and diluted his stake in Facebook. What is Mark Warner's net worth? Real Name/Full Name Ripley, United Kingdom My eyes. News on all your favorite celebs, reality TV, and movies. Saverin, immortalized in The Social Network as Mark Zuckerberg's onetime best friend, started the company with the current CEO at Harvard. In 2016, he closed deals of over $140 million in Asia, including the ones for the startup Ninja Van. Now that you know all about Eduardo Saverins net worth and how he achieved success; lets take a look at some of the lessons we can learn from him: Young entrepreneurs often face the challenge of not being taken seriously by more senior players in the industry, but if theres one thing we can learn from Saverin, it doesnt matter how old you are. The cash from those sales puts his total net worth at approximately $2.8 billion, says Forbes. #8 Eduardo Saverin. In 2015, Saverin co-founded the B Capital Group. Other than Facebook, his major investments include B Capital Group, Ninja Van, Aporta, Lyft, Qwiki, and Jumio, among others. By. Not only is this a huge amount for one person, its more than some companies are worth. In 2016, Saverin's fund closed initial deals of over $140 million in Asia, including $30 million in regional logistics startup Ninja Van. The property has a pool, a tennis court, and a large yard. Though, he is 5 8 in feet and inches and 177 cm in Centimetres tall, he weighs about 165lbs in Pound and 75 kg in Kilograms. His father was also rich, earning well in shipping and in real estate. As of , What is Jose Altuve's net worth? The cofounder of the social media giant is not only one of the world's youngest billionaires (net worth: $10 billion ), but also something of a household name after his portrayal in the 2010. German racing driver Ralf Schumacher has earned millions as a Grand Prix champion in Formula One. Healso reportedly owns a luxury penthouse suite in Singapores tallest residential building. Later, Eduardo Saverin had to sign a non-disclosure agreement to settle the matter. Eduardo Saverin net worth is $4.9 Billion Eduardo Saverin Wiki Biography Eduardo Luiz Saverin is best known as being one of the four founders of Facebook, which is one of the largest online social networking services in the world. After that, I went to Harvard College. During his time at Harvard Eduardo Saverin met Mark Zuckerburg, and together they planned to create Facebook. When Facebook was started by Mark Zuckerberg and his roommate Chris Hughes in Harvard University, Eduardo provided them with the early funds, earning him a third of the young companys shares. The parties settled, with Saverin apparently receiving a 5% stake and a co-founder bio on Facebook's site. News resources confirm that Eduardo Saverin net worth is $19 billion. #6 Ricardo Salinas. Eduardo provided the funds Mark needed to buy servers and get the site up and running. With Facebook's rise came a number of legal issues, first with co-founder Eduardo Saverin -- who was cut from the company in the summer of 2004 -- and with Divya Narendra and the twins Tyler. As of , What is Justin Bieber's net worth? The film focuses on Mark Zuckerberg and the rise of Facebook, but it touches on much more. After this transaction, Facebook issued 9 million brand new shares to all the founders EXCEPT Eduardo. Later, Eduardo sued Mark and asked him to share the profits. Become a reader. Club. She lives in Italy, where she was born. Yes. As of February 2023, Eduardo Saverin's net worth is estimated to be $19 Billion. . Eduardo Saverin then came across a Mexican entrepreneur, and thereby, they made a partnership together, and they made billions of their money through this. His Romanian-born grandfather, Eugenio Saverin, founded the popular kids wear chain retail store, Tip Top. Being born on March 19, 1982, Eduardo Saverin is 40 years old as of todays date 5th March 2023. These cookies will be stored in your browser only with your consent. These cookies ensure basic functionalities and security features of the website, anonymously. Salary Highlights: Eduardo Saverin Real Estate. B Capital He went on to co-found a venture capital firm named B Capital. Eduardo Saverin is a Brazilian-born internet entrepreneur who has a net worth of $10 billion. We also use third-party cookies that help us analyze and understand how you use this website. The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Eduardo Saverin Net Worth by breaking down the I dont live for it. James Prince, also known as J Prince, is an American businessman and record executive. His father, Roberto, worked in the clothing, shipping, and real estate industries. Eduardo Saverin Net Worth in 2022 is $16.2 billion. Moskovitz has since moved on from Facebook, though he maintains a roughly 3% equity stake in the company. But besides family money, Eduardo had his own. In 2016, Saverins fund closed over $140 million in initial deals in Asia, including $30 million in regional logistics startup Ni. He is American. Eduardo Saverin and The creator of Facebook came across the concept of Facebook, and then after that, Mark Zukerberg refused to take him in. Paul Kemsley, Share on Twitter Share on Facebook Share on Pinterest Share on LinkedIn Share on Email Share on Reddit Share on WhatsApp Share on TelegramSo, what is Lior Bittons net worth? There is a pool, a tennis court, and a large yard on the property. His net worth is currently $9.7 billion, a 0.8% drop since the start of this year. So by looking at this situations, we may come to the point that Eduardo Saverin is not gay; instead, he straight without any hesitations. When I was a freshman at Harvard. Saverin is one of four co-founders of Facebook.com, along with Mark Zuckerberg, Dustin Moskovitz, and Chris Hughes. He denied accusations that he left the U.S. to avoid paying taxes. | Best Games, Do You Get Paid To Foster Dogs? This fell to 30% when Zuckerberg's roommate, Dustin Moskovitz, joined. They proposed in the spring of 2014, and celebrated with a lavish engagement party in Bali that included a performance by John Legend. How much money did Eduardo get from Facebook? Jose Altuve is a John Landis made millions as a director and actor in Hollywood, eventually becoming one of the wealthiest icons in the film world. He also makes millions every year through his shares in tech giants like Facebook etc. The film was very well received by both the public and critics. 0% of the GDP of the United States 0% of the total wealth of the. Eduardo Saverin's net worth of $9.50B can buy . Eduardo Saverin hasnt received many major awards in his career, but he has definitely earned a lot of rewards which are technically better than any reward. However, Saverin went to New York to undertake an internship at the Lehman brothers in 2004. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. TheFacebook.com was launched in February 2004. That would have been worth a lot more had he not sold off more than half of his shares before the IPO. A fresh take on sports: the biggest news and most entertaining lists. Seeing that Note had a fantastic suggestion that was well worth buying, Eduardo agreed to assist him. With an. In 2019, Saverin purchased a house on 2 acres in Singapore for $167 million. His daddy, Roberto, operated in the apparel, delivery, and real estate markets. Eduardo Luiz Saverin was born on March 19, 1982, in Sao Paulo, Brazil to a wealthy Jewish family. As of , Emmy Wallin is a writer for Wealthy Gorilla. As of March 2023, Eduardo Saverins net worth is estimated to be $19 Billion. He and his wife Priscilla Chan are major philanthropists. <br><br>As a 21-year old college student, I made the first seed investment into Facebook with the majority of my life savings. Early life Eduardo Luiz Saverin was born on March 19, 1982, in Sao Paulo, Brazil. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2014-2023 Wealthy Gorilla | Owned & operated by Wealthy Gorilla LLC | Wealthy Gorilla is a registered Trademark. El texto est disponible bajo la Licencia Creative Commons Atribucin Compartir Igual 3.0; pueden aplicarse clusulas adicionales.Al usar este sitio, usted acepta nuestros trminos de uso y nuestra poltica de privacidad. Eduardo Saverins net worth is estimated to be $19 Billion. Emmy has a big passion for helping others and motivating people. Eduardo Saverin is a well-known businessman and investor. He has been a resident of Singapore since 2009 and stated that he renounced his U.S. citizenship because he wanted to live and work in Singapore. They got engaged in the spring of 2014 and threw a lavish engagement party in Bali that featured a performance by John Legend. Mark and Saverin met in his junior year at Harvard. Over time, Facebooks finances were managed by outside investors, and Eduardos role lessened. For me, they see a co-founder of Facebook. Eduardo Saverin, The decision was strictly based on my interest in living and working in Singapore. Eduardo provided. Well, how well do you know about Eduardo Saverin? The birthplace of Eduardo Saverin is So Paulo, State Of So Paulo, Brazil. Hope the above information helps you to know about him. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! I am a co-founder and the first investor of Facebook Inc., a company which from its humble beginnings in early 2004 as a Harvard-only student social network has emerged today as a business and cultural touchstone. As co-founder, Saverin held the positions of chief financial officer and business manager at Facebook. I am obligated to pay hundreds of millions of dollars in taxes to the American government. Eduardo Saverins net worth is estimated to be $12 billion in 2022. The biggest chunk of Eduardos net worth has come from being one of the co-founders of the social networking giant, Facebook. This cookie is set by GDPR Cookie Consent plugin. This also helped him revealing the true colours of Mark in front of the world. Elisabetta Cocciaretto Assets# Home: Elisabetta Cocciaretto is a tennis player from Italy. Eduardo Saverin Net Worth. He is a Brazilian internet business owner as well as an energetic angel investor. At Harvard, he was head of state of the Harvard Financial Investment Organisation, a participant in Alpha Epsilon Pi fraternity, and also a participant in the Phoenix metro S.K. According to various online resources (Wikipedia, Forbes, IMDB), the most popular Brazilian entrepreneur Eduardo Saverin estimated net worth of around $12.5 Billion.. As we have already discussed, Eduardo Saverin has a net worth of 19 billion dollars. He worked on Facebook for a grand total of 3 years. In protest he froze Facebook's bank account. Dustin Moskovitz owns roughly 3% of Facebook made up of 95 million class A and class B shares combined. He married Sean Eldridge, the political director of Freedom to Marry, in June 2012. If they are anything to go by, then its clear that where your reputation as a business or individual is concerned, bad publicity wont hold much weight if there are also good things being said about you. Not only is this a huge amount for one person, it's more than some companies are worth. Terms of the settlement were not disclosed and the company affirmed Saverin's title as co-founder of Facebook. Mr. Saverin is most famous for co-founding Facebook with his Harvard classmate Mark Zuckerberg back in 2004. Eduardo Saverin is a member of Entrepreneur Eduardo Saverin Net worth: $11.5 Billion (Updated at 22 June 2018) The note had a suggestion for a social networking website or online directory site for Harvard pupils, but it required financial backing to create. https://www.youtube.com/watch?v=P-EInvKEFVc, Fireside Chat with Facebook Co-founder (https://www.youtube.com/watch?v=P-EInvKEFVc). As a longtime rival of Andre Agassi, Pete Sampras has earned a substantial net worth as one of the world's best former tennis players. and is equivalent to . The money has $1.4 billion in properties under administration. When Dustin Maskovitz joined, Saverins part of shares dropped to around 30%. 2023 Its Networth - WordPress Theme by Kadence WP, MARTELL HOLT NET WORTH Personal Life, And Career, Uncovering the Billion-Dollar of J Prince net worth, DONALD TRUMP JR NET WORTH Early Life, And Business Career. Saverin has also invested in Singapore-based Anideo, headed by Andrew Solimine, a longtime friend. Thus, they decided to move to Palo Alto, California. Saverins departure from Twitter was the main outline of The Social Network.. Eduardo Saverin is one of the co-founders of Facebook and Google, together with Mark Zuckerberg, Chris Hughes, Dustin Moskovitz, and also Andrew McCollum. Marks only intention was to create an innovative website that could connect people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. In return for his early contributions, Hughes was given a 2% stake in the company. His father, Robert Saverin, was a successful industrialist who worked in clothing, shipping, and real estate. In September 2011, he renounced his U.S. citizenship, later reportedly to avoid paying significantly more in US taxes after the Facebook IPO. Czech professional tennis player Petra Kvitova has earned a substantial net worth as one of the world's greatest players to ever compete on the court. He was brought up in a Jewish household in Rio de Janeiro, until 1993 when the family moved to Miami, Florida in United States. Share on Twitter Share on Facebook Share on Pinterest Share on LinkedIn Share on Email Share on Reddit Share on WhatsApp Share on TelegramWhat is J Prince Net Worth? very early life. . Net Worth $300 million Date of Birth 1977-12-31, Read More DONALD TRUMP JR NET WORTH Early Life, And Business CareerContinue, Your email address will not be published. And I want to invest in Brazil as well because I am Brazilian, and thats in my heart. Eduardo Saverin, People always try to put a title or a symbol on you. Saverin and Ganguly along with three other general partners over see more than $1 billion across four offices and two funds. Saverin, 37, also graduated from Harvard in 2006. Save my name, email, and website in this browser for the next time I comment. While studying there, he joined the Harvard Investment Association. In September 2011, Saverin renounced his U.S. citizenship. His net worth alone makes them one of the wealthiest celebrities couple. Larry Tanenbaum and Eduardo Saverin, the Facebook co-founder, are understood to have agreed to back Steve Pagliuca's multibillion pound takeover bid for the Stamford Bridge club, Sky News learns. His 2% stake in Meta alone amounts to a lot. In 2010, Eduardo, together with Aldo Alvarez, a Mexican press reporter, co-founded Aporta. 2023 Celebrity Net Worth / All Rights Reserved. In 2012, he owned 53 million Facebook shares, or about 2% of all outstanding shares. That 2% stake would eventually earn him a $500 million after-tax fortune. The money was paid by Mark Zuckerberg who cheated the shareholder of the company in the first place. He made $300,000 through stock speculation in the oil industry. His Romanian-born grandfather, Eugenio Saverine, was the owner of the chain of childrens apparel shops called Suggestion Leading. Saverin spends some of his money on his house in Coral Gables in Florida. Elaine Andriejanssen and Saverin met as college students in Massachusetts and reconnected after he moved to Singapore, where she lived. Reliable sources have estimated that Eduardo has a fascinating net worth of $4.8 billion. You have entered an incorrect email address! Eduardo Saverin is one of the richest Brazilian in the world. In 2015, Saverin founded B Capital, a venture capital firm with his friend Raj Ganguly, a former consultant and vice president at Bain Capital. Eduardo was already rich even as a young college student. He is a businessperson and entrepreneur from Brazil. However, her husband, Eduardo Saverin, has a massive net worth. He co-founded Facebook in 2004 with Mark Zuckerberg who was his classmate at the University. The 11 Richest Millennial Billionaires On The Planet. Club, and served as president of the Harvard Investment Association. What is Jeff Bezos' net worth? At the time Facebook was about to accept a $500,000 investment for 9% of the business from Peter Thiel. He joined Mark Zuckerberg when he was founding Facebook and provided him with the needed funds in the early stages, before Facebook became profitable. Eduardo was the first person to invest in Facebook, giving it $15,000 in late 2003. The company developed a video-streaming application, Denso, that specializes in selecting videos based on a user's personal taste. Save my name, email, and website in this browser for the next time I comment. Yes (2) Alexandre Saverin , Michele Saverin, Brazilian entrepreneur and angel investor. Eduardo Saverin is famous for being one of the co-founders of Facebook. [3] His mother, Sandra, was a psychologist. Eduardo Luiz Saverin ( / svrn /; Portuguese: [eduadu luis save]; born March 19, 1982) [4] is a Brazilian billionaire entrepreneur and angel investor based in Singapore. Zuckerberg has filed a lawsuit, claiming Saverin jeopardized the company by freezing Facebook's bank accounts. After Facebook went public, the filing showed that Saverin held 53,133,360 shares worth a total of $2.18 billion, or just under 2% of Facebook's outstanding shares. He has made most of his net worth through his family businesses. In it, Andrew Garfield plays the role of Eduardo Saverin. Eduardo Saverin Net Worth: $12 billion Saverin, 37, also graduated from Harvard in 2006. Eduardo provided Facebook with its very first investment, roughly $15,000 back in late 2003. This cookie is set by GDPR Cookie Consent plugin. Wealthy Genius. Mark instead decided to develop a web version of a physical book that was distributed to all freshman at colleges that showed a photo with some basic biographical information. If you're ever in Palo Alto you might see them drinking coffee at a certain coffee shop. Eduardo Saverin net worth (estimated): $11 billion Chris Hughes net worth (estimated): $430 million Building + Monetizing an Audience Dustin Moskovitz and his team knew the key to immense growth was building an audience. After Facebook and Google went public, the declaration revealed that Saverin held 53,133,360 shares, well worth an overall $2.18 billion, or simply under 2% of Facebooks impressive shares. He had two other brothers and sisters. Furthermore, her husband, Eduardo Saverin, has maintained a total net worth of around $19 Billion. That would have been much more valuable if he hadnt sold more than half of his shares prior to the IPO. Saverin is one of the co-founders of Facebook. But the fall in his net worth to $85bn takes the 37-year-old down to 12th in the Forbes billionaires list, having been rated at fifth last year. Billionaire Eduardo Saverin, the Facebook co-founder, who became a Singapore resident after renouncing his U. S. citizenship in 2012, is now the island-nation's richest person. Robert Saverin, his father, was a successful industrialist who worked in clothing, shipping, and real estate. Birth Place: According to The Wall Street Journal, Eduardo saved $700 million worth of tax by doing this. Saverin met Elaine Andriejanssen when they were both college students in Massachusetts and reconnected after he moved to Singapore, where she lived. Those funds went towards paying for the company's first servers and other startup costs. When it comes to the career life of Eduardo Saverin, we had come to know that when Facebook was about to be created, the creator and Eduardo Saverin together decided to make it, but after a while, the creator of Facebook, Mark Zuckerberg had no plan to make Eduardo Saverin in his work and thereby he hasnt mentioned Eduardo Saverin in any way. Its also worth noting that his grandfather Eugenio was the founder of the Tip Top chain. His net worth is estimated to be more than $12 billion as of January 2023. Eduardos mother was a psychologist. Eduardo Saverin is a Brazilian entrepreneur and angel investor. Who Are The Highest Paid Esports Players In 2023? https://www.instagram.com/esaverin/?hl=en, https://web.facebook.com/saverin?_rdc=1&_rdr, https://mobile.twitter.com/esaverin?lang=en, https://en.wikipedia.org/wiki/Eduardo_Saverin, Yk Osiris Net Worth Age, And Biography - Its Networth, Will Ferrell Net Worth Movies, Age, And Tv Show - Its Networth, Robert De Niro Net Worth Houses, Movies, And Career - Its Networth, PINK NET WORTH Age, Song, And Music Career - Its Networth, MARTELL HOLT NET WORTH Personal Life, And Career - Its Networth, POOH SHIESTY NET WORTH Song, Album, And Biography - Its Networth, I am obliged, and I will pay hundreds of millions of dollars in taxes to the American government. I already paid, and I will keep paying whatever taxes I owe based on my time as a U.S. citizen. He also has a brother named Alexandre Saverin. And I want to invest in Brazil as well because I am Brazilian, and thats in my heart. He has sold several hundred million dollars worth of stock since Facebook went public in 2012. Eventually, the case was settled out . Eduardo Saverin was born as Eduardo Luiz Saverin in the year 1982 on 19 of march in a place in Brazil as he got bought up there with his brothers, namely Alexandre Saverin, Michele Saverin and after that, he even went on to do his work and thereby he established himself as well his own family we have also come to know about his parents namely his father Roberto Saverin and along with his mother Paula Saverin there in his home town Brazil. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Saverin alleged that Zuckerberg spent Facebook's money (Saverin's money) on personal expenses over the summer. Saverin paid $167 million for a home on two acres in Singapore in 2019. Eduardo Saverin. Hughes returned to Harvard and graduated in 2006 magna cum laude. Eduardo Saverins character was played by Andrew Garfield in the movie, who received a lot of recognition for the role. As co-founder, Saverin held the positions of chief financial officer and business manager. The 2010 film The Social Network popularized his role. His household transferred to Rio de Janeiro while he was maturing. In February 2004, TheFacebook.com was launched. Now a resident of Singapore, he has since sold more than half his stake in Facebook and has started to invest in startups including Qwiki and Jumio, which created the online payment Netswipe. He also runs a venture capital fund and Juno, a nonprofit social network. He finished at Magna Orgasm Laude with a bachelors level in business economics in 2006. He is one of the co-founders of Facebook. Eduardo Saverins net worth is estimated to be $15 billion in 2022. [8] As of 2015, he owns 53 million Facebook shares [9] (approximately 0.4% of all outstanding shares) and has a net worth of $10.3 billion, [10] according to Forbes. But putting ads up on Facebook to advertise it, especially for free, is just mean.". Later, Zuckerberg and Saverin agreed to each invest an additional $18,000 in the business, making the two co-founders of Facebook. Saverin met Mark in his junior year at Harvard. The co-founder of the social media site gigantic is not just among the worlds youngest billionaires (total assets: $10 billion), yet likewise something of a home call after his portrayal in the 2010 strike flick The Social Network. wiki.ng Eduardo Saverin net worth, biography, personal life, 44bars.comBiography, facts, awards, net worth, 10 Best Cryptocurrency Exchange Company in Nigeria | 2023 Updates, What is Lola Falana Net Worth 2022 | Biography, Income, Career, Cars, Philip Fayer Net Worth 2022 | Biography, Income, Career, Cars, https://en.wikipedia.org/wiki/Eduardo_Saverin, 10 Best Cell Phone Insurance Plans in 2023, 21+ Ways to make money in Toronto in 2023 | Untapped, The Power of Now Book Summary | 2023 Review, 20 Best Passive Income Browser Extension In 2023, 15 Easy Ways To Get Free Xbox Gift Cards in 2023, Make Money Watching TV: 10 Easiest Ways to Make $50/day, 10 Best Sites to Buy YouTube Subscribers 2023, 11 Get Paid to Text Opportunities Online In 2023, Best Banks in Pennsylvania PA in 2023 | Rates, Account Types, Min. His father was also rich, earning well in shipping and in real estate. Well, if youre ready, lets start. Saverin and Mexican entrepreneur Aldo Alvarez co-founded Aporta, an online charity portal, in 2010. In Miami, Saverin attended Gulliver Preparatory School. There Saverin attended high school and after graduation started studies at Harvard University, where he met Mark Zuckerberg. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. This cookie is set by GDPR Cookie Consent plugin. Thus, setting an example for the youth and coming generation. Facebook counter-sued arguing that the stock-purchase agreements Saverin signed in October 2005 were invalid. He has an estimated net worth of $18 billion as of 2021. After Facebook went public, the filing revealed that Saverin owned 53,133,360 shares worth a total of $2.18 billion, or slightly less than 2% of the companys outstanding shares. For me, they see a co-founder of Facebook. Eduardo Saverin, The decision was strictly based on my interest in living and working in Singapore. July 20, 2022. By the end of 2010, Saverin liquidated at least $250 million worth of Facebook stock to later-stage investors such as Digital Sky Technologies, as well as via secondary exchanges like SharesPost. Some of the most popular quotes by Eduardo Saverin are-. That same year, Saverin co-founded Aporta, an online portal for charity. He is known for his entrepreneurial skills, which can be traced back to his family. Eduardo Saverin, The decision was strictly based on my interest in living and working in Singapore. I am obligated to pay hundreds of millions of dollars in taxes to the American government. That would certainly have been well worth a great deal more had he not liquidated the majority of his shares in the past IPO. Eduardo, along with other names behind Facebook, were immortalized in 2010 movie The Social Network, depicting the story of Facebooks creation. Share on Twitter Share on Facebook Share on Pinterest Share on LinkedIn Share on Email Share on Reddit Share on WhatsApp Share on TelegramClara Wu Tsai net worth is estimated to be around $1.5 billion. Saverin renounced his US citizenship in September 2011. In 1993, Eduardo's family immigrated to the U.S. and settled in Miami, Florida after Eduardo's name was discovered on a list of kidnapping victims by gangs specializing in kidnapping for ransom. Eduardo Saverin is the most personality that the globe has ever come across, and this is through his dedication and talent in his field; and it is also known that Eduardo Saverin has also been associated with Facebook as he has led most of his foundations and has paid most of his shares, and he is also related with it.