Eduardo Saverin Biography and Wiki
Eduardo Saverin(Eduardo Luiz Saverin) is a Brazilian billionaire, entrepreneur, angel investor, and one of the co-founders of Facebook. Saverin possessed 53 million Facebook shares (about 2% of all outstanding shares), which were worth around $2 billion in 2012. In addition, Saverin invested money into early-stage companies including Qwiki and Jumio.
In September 2011, Saverin withdrew his US citizenship, saving an estimated $700 million in capital gains taxes. This attracted the attention of the media and sparked debate. Saverin claimed that he renounced his citizenship due to his “interest in working and living in Singapore,” where he has been since 2009 and that he did not leave the United States to avoid paying taxes.
He co-founded Aporta, an online charity platform, in 2010. Saverin founded B Capital, a venture capital business that invests in Southeast Asia and India, in 2015. Saverin’s fund closed over $140 million in early deals in Asia in 2016, including a stake in regional logistics firm Ninja Van.
Eduardo Saverin Age, How Old Is Eduardo
He was born on March 19, 1982, in São Paulo, Brazil, in the United States. Saverin is 39 years old as of 2021.
Eduardo Saverin Birthday
Saverin celebrates his birthday on the 19th of March every year.
Eduardo Saverin Height
Saverin appears to be quite tall in stature in his photos, relative to his surroundings is anything to go by.
Eduardo Saverin Family and Parents
Eduardo Luiz Saverin was born to a rich Jewish family in São Paulo city. Later, his family relocated to Rio de Janeiro. Roberto Saverin, his father, was a businessman who worked in the clothes, shipping, energy, and real estate industries. Sandra, his mother, was a psychologist. He has two brothers and sisters. Eugenio Saverin, his grandpa, is the creator of Tip Top, a chain of children’s apparel stores. The family immigrated to the United States in 1993, residing in Miami.
Eduardo Saverin Education
Saverin went to Gulliver Preparatory School in Miami. He joined Harvard University and served as the president of the Harvard Investment Association, as well as being a resident of Eliot House and a member of the Phoenix S.K. Club. Saverin earned a Bachelor of Arts in economics with honors from Harvard University in 2006. Saverin used his skill in meteorology as an undergraduate at Harvard to anticipate storm patterns and made $300,000 by investing in oil futures. He is a member of the fraternity Alpha Epsilon Pi (Eta Psi chapter of Harvard University).
Eduardo Saverin Wife and Girlfriend
Saverin is married to his longtime girlfriend Elaine Andriejanssen. The couple got engaged on March 27, 2014. The pair officially tied the knot on June 25, 2015. They met while both attending their respective Massachusetts institutions, he at Harvard and she at Tufts. Andriejanssen is of Chinese and Indonesian descent, and her family owns a number of enterprises in the country.
Eduardo Saverin And Mark Zuckerberg
Saverin met fellow Harvard undergraduate and sophomore Mark Zuckerberg during his junior year. Because there was no particular social networking website for Harvard students at the time, the two collaborated to create Facebook in 2004. They decided to each put $1,000 into the site. Later, Zuckerberg and Saverin decided to contribute an additional $18,000 to the venture. Saverin served as the company’s chief financial officer and business manager as a co-founder.
Business Insider obtained and published an exclusive email from Zuckerberg on May 15, 2012, explaining how he terminated Saverin and diluted his share in Facebook. “Eduardo is refusing to cooperate at all,” Zuckerberg said privately at the time. Essentially, we must now hand over our intellectual property to a new business and accept the litigation. I’m just going to cut him out and deal with him after that. And I’m sure he’ll get something, but he deserves it. He needs to sign paperwork for investments, and he’s sluggish, and I can’t stand it.” Zuckerberg’s lawyer cautioned him that the dilution could result in a violation of a fiduciary duty lawsuit. Saverin was sued by Facebook, claiming that the stock-purchase deal he signed in October 2005 was invalid.
Eduardo Saverin Settlement
Saverin then filed a suit against Zuckerberg, alleging Zuckerberg spent his Facebook share money on personal expenses over the summer. Both lawsuits were settled out of court in 2009. The terms of the settlement were not disclosed, but Facebook confirmed Saverin’s position as a co-founder. The lawyer was correct to be afraid in the end. Saverin ultimately filed a lawsuit against Facebook for breach of fiduciary duty. Saverin and Facebook reached an agreement, and he now owns 4% to 5% of the company. That stake is now valued at nearly $5 billion.
Eduardo Saverin Chicken
Saverin is portrayed by Andrew Garfield in The Social Network, a film based on Ben Mezrich’s novel The Accidental Billionaires. Eduardo Saverin, a co-founder of Facebook, has been accused of animal cruelty by the Harvard undergraduate student newspaper, the Crimson, for feeding chicken to a live chicken while in a Harvard dining hall. The newspaper charged cannibalism and brutality. However, Saverin confirmed the accusation, and reports say he was carrying a chicken as required for the hazing ritual by an exclusive “finals club” he wanted to join.
Later in the film, the character blames the negative exposure Saverin’s actions have brought the young company. He claims that animal cruelty has a greater social stigma than necrophilia. However, it’s unclear whether Saverin actually fed the chicken in the movie. He was not mentioned in the Crimson piece in real life. Despite the anger over Saverin’s alleged conduct, factory-farmed hens are frequently fed meat industry by-products, which include chicken parts.
Other Related Content;
Eduardo Saverin Net Worth
Saverin has earned an estimated net worth of $18 billion dollars as of September 2021. He owns around 2% of the company, which has about 2.8 billion monthly users and $86 billion in revenue in 2020. The Menlo Park, California-based company’s initial public offering (IPO) in 2012 was the largest technology IPO ever at the time.
Are Mark Zuckerberg And Eduardo Still Friends
Eduardo was Mark Zuckerberg’s closest friend before launching Facebook. Eduardo has filed a lawsuit against Mark for diluting his Facebook stock. The two Havard classmates reached a settlement but its terms were not disclosed. In the end, Facebook confirmed Saverin’s position as a co-founder.