Eduardo Saverin is a Brazilian entrepreneur and investor, best known as one of the co-founders of Facebook. He was instrumental in the early development of Facebook, working alongside Mark Zuckerberg and other co-founders at Harvard University when the platform was first launched in 2004. Saverin provided early
Saverin had a highly publicized legal dispute with Zuckerberg over his ownership stake in Facebook, which resulted in a settlement that reportedly left him with about a 4-5% stake in the company. As a result, he became a billionaire when Facebook went public in 2012.
After Facebook, Saverin moved to Singapore in 2009, renouncing his U.S. citizenship in 2011, a move some speculated was to avoid U.S. taxes, though Saverin has denied this. In Singapore, he has focused on venture capital, co-founding B Capital Group, a global investment firm.
As of recent years, Saverin remains one of the wealthiest people in Singapore (CEOWORLD magazine)(Forbes ME).
