How much is Eduardo Saverin worth?
Net Worth: | $15 Billion |
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Profession: | Entrepreneur |
Date of Birth: | March 19, 1982 |
Country: | Brazil |
Height: | 1.77 m |
About Eduardo Saverin
Eduardo Saverin is a famous entrepreneur and investor. He’s best know as the co-founder of Facebook. His role was popularized by the 2010 movie The Social Network. Although he comes from rich Brazilian family and earned good money from some of his investments even before Facebook, the vast majority of his wealth comes from a non-public settlement with Mark Zuckerberg. Saverin’s as of 2023 net worth is estimated to be approximately $15 billion.
How Did Eduardo Saverin Get So Rich?
Eduardo was already rich even as a young college student. His father was also rich, earning well in shipping and in real estate. But besides family money, Eduardo had his own. He made $300,000 through stock speculation in the oil industry. He joined Mark Zuckerberg when he was founding Facebook and provided him with the needed funds in the early stages, before Facebook became profitable. After some time, there relationship soured however and it ended in a lawsuit from Eduardo Saverin which was eventually settled out of court.
Eduardo Saverin moved to Singapore in 2009. He gave up his American citizenship two years later. Financial experts tend to believe that this move was made mostly to optimize his tax liabilities. Singapore has no capital gain taxes whatsoever and only up to 22% on personal income.