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Jan 7, 2022 · Saverin’s 24 percent was a drop from 30 percent, and when Zuckerberg required Facebook to provide 9 million common stock shares, Saverin was cut out completely. The new issuance diluted...
Mar 19, 2019 · Eduardo Saverin is most famous for two things: cofounding Facebook and leaving America for Singapore. What's gotten a lot less attention is his increasingly sprawling $360 million venture...
In 2012, he owned 53 million Facebook shares [7] (approximately 2% of all outstanding shares), valued at approximately $2 billion at the time. [8] [9] He also invested in early-stage startups such as Qwiki [10] and Jumio. [11] .
Feb 4, 2024 · Saverin moved to Singapore in 2009 and renounced his U.S. citizenship two years later, which resulted in huge savings capital gains taxes when he cashed out his Facebook shares. Saverin...
1 day ago · Eduardo Saverin cofounded Meta Platforms, formerly Facebook, with Harvard classmate Mark Zuckerberg in 2004. Now a venture capitalist, he still derives most of his wealth from his small but...
Dec 21, 2023 · Eduardo Saverin invested US$15,000 in Facebook and is now worth billions. Photo: Eduardo Saverin/Instagram. Saverin’s fallout with Zuckerberg and his later departure from the company...
May 15, 2012 · This is the story of how Saverin got so angry at Zuckerberg—how, from Saverin's perspective, Zuckerberg screwed him out of a huge chunk of Facebook stock.
May 27, 2012 · It took almost a decade, one Hollywood flick and roughly a billion friends for Eduardo Saverin to agree on telling his side of the story about the founding of Facebook, the social-networking...
Nov 2, 2023 · Saverin’s discomfort and frustration with Facebook, Zuckerberg, and Parker only grows after learning that the investment deal with Peter Thiel diluted his share. Saverin’s name is later removed from the masthead as co-founder, and he sues Zuckerberg.
Feb 25, 2023 · As of February 2023, Eduardo’s stake in Facebook is worth $9 billion. The value of Eduardo Saverin’s stake in Facebook changes based on Facebook’s share price. For example, if you hold 10 shares, your stake’s value will be $1,000 when the share price is $100 and $1,300 when the share price is $130.
