Eduardo Saverin
Eduardo Luiz Saverin[4][5][6] (/ˈsævərɪn/; Portuguese: [eduˈaɾdu luˈis ˈsaveɾĩ]; born March 19, 1982) is a Brazilian Internet entrepreneur and "angel" investor.[7] Saverin is one of the co-founders of Facebook.[8] As of 2015[update], he owns 53 million Facebook shares[9] (approximately 0.4% of all outstanding shares) and has a net worth of $10.3 billion,[10] according to Forbes. He has also invested in early-stage startups such as Qwiki[11] and Jumio.[12]
Eduardo Saverin | |
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Saverin at the CHINICT conference on May 25, 2012 | |
Born | Eduardo Luiz Saverin March 19, 1982 |
Citizenship | Brazil[1][2] United States (1998–2011) |
Education | Harvard University (B.A., Economics, 2006) |
Known for | Co-founder of Facebook |
Spouse | Elaine Andriejanssen (m. 2015) |
Website | www |
In what was seen by some as a move to avoid U.S. taxes, Saverin renounced (gave up) his U.S. citizenship in September 2011.[13][14] According to Saverin, he renounced his citizenship because of his "interest in working and living in Singapore" where he has been since 2009.[15] He avoided an estimated $700 million in capital gains taxes; this generated some media attention and controversy.[7][16][17] Saverin denies that he left the U.S. to avoid paying taxes.[13]
References
change- ↑ Kucera, Danielle; Harper, Christine; Drucker, Jesse (May 12, 2015). "Facebook Co-Founder May Gain Choosing Singapore Over U.S." Bloomberg. Retrieved May 14, 2015.
Saverin still does hold Brazilian citizenship, Goodman said.
- ↑ "Saverin 'has no plans to become S'pore citizen'" (PDF). Today. May 17, 2012. Archived from the original (PDF) on May 26, 2013. Retrieved May 17, 2012.
- ↑ "Eduardo Saverin Net Worth". Forbes.
- ↑ Internal Revenue Service (2012). "Quarterly Publication of Individuals, Who Have Chosen to Expatriate, as Required by Section 6039G". Federal Register.
- ↑ Feeney, Kevin J. (February 25, 2005). "Business, Casual". The Harvard Crimson. Retrieved May 11, 2011.
- ↑ "America's Youngest Billionaires". Forbes. October 6, 2010.
- ↑ 7.0 7.1 Kucera, Danielle; Vallikappen, Sanat; Harper, Christine (May 11, 2012). "Facebook Co-Founder Saverin Gives Up U.S. Citizenship Before IPO". Bloomberg L.P. Retrieved May 11, 2012.
- ↑ Mezrich, Ben (2009). The Accidental Billionaires. Doubleday. ISBN 978-0-385-52937-2.
- ↑ Eduardo Saverin (May 17, 2012). "UNITED STATES SECURITIES AND EXCHANGE COMMISSION INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES - Eduardo Saverin". U.S. Securities and Exchange Commission.
- ↑ "The World's Billionaires 2017". Forbes. Retrieved July 6, 2017.
- ↑ Bosker, Bianca, "Facebook Co-Founder Eduardo Saverin Invests In Qwiki"
- ↑ Wauters, Robin, "Exclusive: Facebook Co-Founder Eduardo Saverin Leads $6.5M Round For Jumio", TechCrunch, Thursday, March 17, 2011
- ↑ 13.0 13.1 Mathews, Merrill (May 23, 2012). "In Praise Of Eduardo Saverin's Tax Avoidance". Forbes. Retrieved February 9, 2016.
- ↑ "So How Much Did He Really Save?". Wall Street Journal. May 18, 2012. Retrieved February 9, 2016.
- ↑ David Benoit (May 17, 2012). "Facebook Co-Founder Saverin Fires Back At 'Misinformation'".
- ↑ McCormick, Jason (July 11, 2012). "5 citizens who left the United States to avoid paying tax". CBS News. Retrieved June 17, 2014.
- ↑ Worstall, Tim (May 12, 2012). "IPO Will Increase, Not Reduce, His Tax Bill". Forbes. Retrieved May 12, 2012.