Eduardo Saverin is a Brazilian Internet businessman and angel investor. Eduardo Saverin net worth is probably to be $8.8 billion. He is one of the co-founders of Facebook. Furthermore, as of 2012, Eduardo owns $53 million Facebook shares.
He has also invested in young-stage startups such as Qwiki and Jumio. Eduardo renounced his citizenship because of his interest in working and living in Singapore where Eduardo has been since 2009. Eduardo avoided an estimated $700 million in capital gain taxes; this produced some media attention and controversy. For more information, read the article below.
Net Worth: 8.8 billion
Eduardo Saverin Biography
|Full Name||Eduardo Luiz Saverin|
|Birth Date||March 19, 1982|
|Parents||Roberto Saverin (Father); Paula Saverin (Mother)|
|Net Worth||$8.8 billion|
|Source of Income||Businessman & Investor|
|Sibling||Mr. Alexander Saverin|
His full name was Eduardo Luiz Saverin. And he was born on no March 19, 1982. Eduardo had two other siblings. However, Eduardo father, Robert Saverin was a successful businessman who worked in clothing, shipping, and real estate. And his mother was a psychologist.
He is known for his commercial skills which can be traced rear to his family unit. His grandfather, Eugenio Saverin, founded the prominent kids wear retail chain stores, Tip Top. Moreover, in his early days, his ancestor moved to Rio de Janeiro and then lastly settled in Miami, Florida in 1993.
He completed his primary education at the Gulliver Preparatory School. Afterward, Eduardo undertook his undergraduate degree in one of the Ivy League Colleges in Harvard. However, Eduardo was a member of the Phoenix S. K. Club and presided over Harvard Investment Association. Eduardo Saverin net worth is probably to be $8.8 billion.
Furthermore, Eduardo is also active in the Alpha Epsilon Pi Fraternity, which was conventional to develop leadership for the Christian society.
It is believed that Eduardo made around $300,000 while Eduardo was just an undergraduate due to the lax in Brazil’s insider trade regulations.
However, Eduardo graduated from Harvard Academy with a graduate degree in Finances with significant distinction in the year 2006.
His life changed when Eduardo first time met Mark Zuckerberg at Harward and took a decision to help him with the Facebook owner.
Eduardo Saverin Net Worth & Career
He met Facebook CEO Mark in his junior year at Harvard. Mark had an idea for a particular networking site online cum directory for Harvard students, but necessary economic support to develop it.
Moreover, seeing that Mark had an excellent idea that was worth investing in, Eduardo agreed to support him. His partner never saw thefacebook.com as a way to produce money. In fact, his partner justly intention
Was to create an innovative website that could connect people? Furthermore, his approach was unknown to Eduardo, and he had the apparition to make money through this site. Thus, Eduardo decided to fund Mark business and joined him as a co-founder all his servers and other necessities.
Later than successfully launching Facebook at Harvard, the co-founders decided to expand it beyond its confines. Therefore, they decide to return to Palo Alto, California. Furthermore, he went to New York to undertake an internship at the Lehman brothers in 2004.
2004 to 2016-Present
He was supposed to work on getting funds, setting up a corporation, and making a business replica through the course of his internship. Eduardo, thus, became Facebook primary Chief Finance Officer.
Furthermore, he was found to have run unauthorized commercial Facebook, without the information’s of his partner Mark Zuckerberg. Eduardo even developed the Joboozle, which was a job board site.
This led to sever conflict stuck between Marker and Eduardo and when he failed to offer Facebook with the required funding. His partner Mark had to find other investors.
Moreover, Sean Parker to Saverin place for finding funds for Facebook. Peter Thiel, another shareholder who came in the deal with Mark through Sea, helped mark in cutting off Eduardo.
To cut Eduardo off, his partner formed a new corporation forename Facebook. A Delaware company, and then distributed its new shares to every people other than Eduardo.
He had to sign an agreement that made his partner Mark the sole director of Facebook.
Moreover, the conflict led to Facebook cutting him off its co-founders catalog. Furthermore, afterward, he approached the media; Facebook retained Saverin as a co-founder in their list along Mark, Dustin in Moskovitz, and two others. Eduardo Saverin net worth is probably to be $8.8 billion.
In 2010, he along with Aldo Alvarez, a Mexican reporter, co-founded Aporta. It is an online portal for charity.
In 2016, Eduardo closed contract of over $140 million in Asia, which included the ones for the startup Ninja Van.
Eduardo Saverin Personal Life and Legacy
He is married to Elaine Andriejanssen, a girl from a business leaning family, owning numerous firms in Massachusetts. His wife is Chinese Indonesian. The couple got engaged on 27th March 2014 and tied the knot on June 25, 2015, at the French Riviera.
He lives in his multi-million dollar condo in Singapore. Eduardo is always connected with the world using his iPhone, iPad and three MacBooks.
Eduardo has a thing weather forecast, and one of his three Macs Keep on running weather softwares. His diversion for weather forecast about tsunamis and Hurricanes depend on when the hurricane Andrew hit South Florida in 1992. Eduardo Saverin net worth is probably to be $8.8 billion.
Renunciation of U.S. Citizenship
Eduardo renounced his United State citizenship in 2009. It is believed that Eduardo did it to evade the massive taxes were lodged onto him after huge gains from Facebook investments. Furthermore, Eduardo claims that he forever wanted to stay in Singapore and that he can pay only as much taxes to the US GOVT as much as he owes to them.
Even after the contentions removal of Eduardo from Facebook, Eduardo still believes in Mark and admires him. Eduardo states that Mark has forever been a visionary and since day one he was committed to Facebook more than anybody else.
Eduardo Saverin Net Worth & Public Image
He likes to keep a short profile on social networking sites. When asked about the film, the Social Network, Eduardo states that it is a Hollywood fantasy and that the film is exaggerated. Moreover, he found the media’s eye as 13 years old, when Eduardo beat a chess grandmaster in a match Orlando.
He is a shy and yet a mighty willed man. However, his business mind is what makes him particular.
Eduardo is a shy and yet a very strong-willed man. His business mind is what makes him particular. Eduardo Saverin net worth is probably to be $8.8 billion.
About his Brother
Mr. Alexander Saverin serves as Portfolio Manager and Director of Technology for Kawa Capital. However, his brother Alexander is the partner of Kawa Capital. Alexander was at Horn Eichenwald shareholder as the Head of Software Development.
Alexandre as served at Motorola’s Multimedia Messaging squad. As the senior developer, successfully launching the platform to over $60 million subscribers. Moreover, Alexandre serves as Member of Board of Advisors at AdMobile LLC. He has a BA in Computer science from Cornell University.
Eduardo Saverin Interesting Facts
- Eduardo Saverin net worth is probably to be $8.8 million.
- He is venture capitalist and provides huge capitals to potential startups.
- Eduardo has liquidated his Facebook shares to investors like Digital Sky Technologies and Share post.
- Andrew Gardfield portrayed him in the 2010 film, The Social Network. Andrew role earned him a BAFTA and a Golden Globe nomination.
- He is the co-founder of the B Capital Group.
How much did Eduardo get in the settlement?
The cash from those sales puts his whole net worth around $2.8 billion. Eduardo retained the 30 percent stake in Facebook that Eduardo had earlier than his falling out with Mark Zuckerberg. His whole net value now would be over $34 billion. Enough to make him one of the ten wealthiest people in the world.
How much did Mark Zuckerberg have to pay Eduardo?
Facebook co-founder Eduardo opens up to the Brazilian magazine. Despite past friction between them, he calls Mark Zuckerberg a visionary.
Eduardo says that, despite renouncing citizenship, Eduardo paying taxes in the U.S. he made an estimated $2 billion from Facebook’s stock offering.
Who was marked Zuckerberg best friend?
Eduardo is one of five co-founders of Facebook, along with Mark Zuckerberg, Dustin Moskovitz, Chris Huges, and Andrew McCollum. Moreover, at Harvard, he met fellow Harvard undergraduate, Mark Zuckerberg. The two worked together to launch The Facebook in 2004.
— Bloomberg (@business) February 8, 2017
Are Mark Zuckerberg and Eduardo still friends?
Ahead of Facebook’s 515 billion IPO later this week, Billionaire Facebook co-founder Eduardo has renounced his US citizenship to avoid a boatload of taxes. … Eduardo hasn’t since 2005 when CEO Mark Zuckerberg diluted Saverin’s stake in Facebook and then booted him from the corporation.
How much does Eduardo Saverin own Facebook?
His partner Zuckerberg has since defended the site in intellectual property disputes, and spurned buyout offers from Viacom, Yahoo! And other suitors. Moreover, the 27-year-old CEO owns 28.2% Facebook’s B shares. Using and %85 billion valuations, Zuck’s stake is worth justly shy of $24 billion.
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