Eduardo Luiz Saverin is a Brazilian born businessperson, internet entrepreneur, investor, and Facebook’s co-founder. He is one those few people who have earned the status of a billionaire in a relatively short time. This young billionaire is only 36 years and married to Elaine Andriejanssen, a Chinese Indonesian woman. He reportedly owns 52 million shares in Facebook. Let’s have a look at Eduardo Saverin Net Worth.
|Name:||Eduardo Luiz Saverin|
|Profession:||Entrepreneur, Angel Investor|
|Last Updated:||July 16, 2019|
Originally a Brazilian native, renounced his citizenship of the U.S. in 2011, which lead him to avoid an estimated $700 million in taxes. He gave the reason to renounce his U.S. citizenship as his interest in working and living in Singapore. He is now the resident of Singapore and doing pretty well there.
One of the co-founders of Facebook, Eduardo Saverin, founded the social media giant with Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, and Andrew McCollum in 2004. It was his money which Mark used to upload Facebook to Google. Although, he was neither given any credit nor added to the profit list. His separation from Facebook was subjected to legal action with Mark dropping Saverin’s 34% ownership shares to less than 10%.
Facebook sued him for allegedly interfering with the business, which was countersued by him. Later the matter was resolved when both the parties settled with Saverin receiving a co-founder bio on Facebook and 5% stake. Since then, he sold more than half of his stake and invested in startups such as Qwiki and Jumio, which lead to increase his wealth.
Being raised in a family that runs a business, Saverin has been involved in businesses from a young age. And, that has certainly also helped shape his personality. He has built his fortune from his personal and family businesses. As of now, Eduardo Saverin’s net worth stands at $8.1 billion. He is well known for being one of the wealthiest Brazilians in the world, and we can only expect Eduardo Saverin net worth to increase in the future.