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1 day ago · Learn about Eduardo Saverin, the Brazilian-born Singaporean venture capitalist who cofounded Meta Platforms, formerly Facebook, with Mark Zuckerberg in 2004. See his net worth, wealth history, personal stats, and quotes.
- Cofounder
1 day ago · Saverin is a co-founder of Meta Platforms, the company behind Facebook, and has a net worth of $25.3 billion as of May 2024. He renounced his U.S. citizenship in 2011 and moved to Singapore, where he invests in internet startups.
3 days ago · Zuckerberg approaches his friend Eduardo Saverin with an idea for Thefacebook, a social networking website that would be exclusive to Ivy League students. Saverin provides $1,000 in seed funding, allowing Zuckerberg to build the website, which quickly becomes popular.
1 day ago · In addition, Eduardo Saverin’s 2011 move to Singapore caused controversy among some people in the US. A high-profile percentage of his 300 million dollar stake in Facebook switched to Singapore and was taxed at an extremely low rate.
May 15, 2024 · In conclusion, the legal tussle between Mark Zuckerberg and Eduardo Saverin was an interesting case that had implications for both the two parties involved and the tech world at large. Both sides emerged victorious in the end, with Saverin receiving a 4 percent stake in the company and Zuckerberg getting to focus back on his core mission.
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4 days ago · Facebook, American online social network service that is part of the company Meta Platforms. Facebook was founded in 2004 by Mark Zuckerberg, Eduardo Saverin, Dustin Moskovitz, and Chris Hughes, all students at Harvard University. It became the largest social network in the world.
5 days ago · Why did Eduardo Saverin leave America? › Eduardo Saverin, the Facebook co-founder immortalized by his falling out with Mark Zuckerberg in the movie The Social Network, has renounced his U.S. citizenship ahead of the company's IPO. Saverin, 30, may have made the move for tax reasons, hoping to avoid the highest rates before Facebook goes public.
