Who is Eduardo Saverin?

Eduardo Saverin is a Brazilian entrepreneur and investor best known as one of the co-founders of Facebook.

Saverin was born in So Paulo, Brazil, in 1982. He moved to the United States to attend Harvard University, where he met Mark Zuckerberg. In 2004, Saverin helped Zuckerberg launch Facebook from his Harvard dorm room. Saverin was initially Facebook's chief financial officer, but he left the company in 2005 after a dispute with Zuckerberg over the company's direction.

Since leaving Facebook, Saverin has invested in several startups, including the online payment company Jumio and the social media platform Path. He is also a co-founder of the venture capital firm Aporta. In 2012, Saverin renounced his U.S. citizenship and moved to Singapore.

|Personal Details | Information||:---|:---||Full Name | Eduardo Luiz Saverin||Date of Birth | March 19, 1982||Place of Birth | So Paulo, Brazil||Alma mater | Harvard University||Known for | Co-founder of Facebook||Net worth | US$13.2 billion (2023)|

Eduardo Saverin

Eduardo Saverin is a Brazilian entrepreneur and investor best known as one of the co-founders of Facebook. Here are seven key aspects of his life and career:

Co-founder of Facebook
Early investor in Facebook
Left Facebook in 2005
Invested in several startups
Co-founded Aporta venture capital firm
Renounced US citizenship in 2012
Moved to Singapore in 2012

These key aspects highlight Saverin's role in the founding of Facebook, his early investment in the company, and his subsequent career as a venture capitalist. They also shed light on his personal life, such as his decision to renounce his US citizenship and move to Singapore.

1. Co-founder of Facebook

Eduardo Saverin is best known for being one of the co-founders of Facebook. He played a key role in the company's early development, and his contributions helped to make Facebook the global success it is today.

Co-founded Facebook in 2004
Saverin was one of the four students who co-founded Facebook in 2004. He provided the initial funding for the company, and he also helped to develop the site's early features.
Served as Facebook's chief financial officer
Saverin served as Facebook's chief financial officer from 2004 to 2005. In this role, he was responsible for the company's finances and operations.
Left Facebook in 2005
Saverin left Facebook in 2005 after a dispute with Mark Zuckerberg over the company's direction. He sold his shares in the company for $75 million.
Later investments
Since leaving Facebook, Saverin has invested in several other startups, including the online payment company Jumio and the social media platform Path.

Saverin's role as a co-founder of Facebook is a significant part of his legacy. He played a key role in the company's early development, and his contributions helped to make Facebook the global success it is today.

2. Early investor in Facebook

Eduardo Saverin was an early investor in Facebook, and his investment played a key role in the company's early development. Saverin provided the initial funding for Facebook, and he also helped to develop the site's early features.

Saverin's investment in Facebook was a significant risk at the time. Facebook was a new company with no guarantee of success. However, Saverin believed in the company's potential, and he was willing to invest his money to help it grow.

Saverin's investment in Facebook paid off handsomely. Facebook has become one of the most successful companies in the world, and Saverin's early investment has made him a billionaire.

Saverin's story is an inspiring example of the power of early investment. If you believe in a company's potential, don't be afraid to invest in it. Even if the company fails, you will have learned valuable lessons. And if the company succeeds, you could reap the rewards of your investment.

3. Left Facebook in 2005

Eduardo Saverin left Facebook in 2005 after a dispute with Mark Zuckerberg over the company's direction. Saverin sold his shares in the company for $75 million, and he has since gone on to invest in several other startups.

Saverin's departure from Facebook was a significant event in the company's history. He was one of the four co-founders of the company, and he played a key role in its early development. His departure led to a period of instability at Facebook, and it took several years for the company to recover.

However, Saverin's departure from Facebook also allowed him to pursue other interests. He has since invested in several successful startups, and he is now a billionaire. His story is an inspiring example of how entrepreneurs can overcome setbacks and go on to achieve success.

The connection between "Left Facebook in 2005" and "Eduardo Saverin" is significant because it highlights the challenges that entrepreneurs face when they leave a successful company. Saverin's departure from Facebook was a difficult decision, but it ultimately led him to greater success.

4. Invested in several startups

Eduardo Saverin's decision to invest in several startups highlights his commitment to entrepreneurship and his belief in the power of technology to solve problems and improve lives. His investments have spanned a wide range of industries, from social media to e-commerce to healthcare.

Early-stage investing
Saverin has a track record of investing in early-stage startups, providing them with the capital they need to grow and develop their products or services. Some of his most notable early-stage investments include Facebook, Jumio, and Path.
Focus on technology
Saverin's investments are primarily focused on technology companies. He believes that technology has the power to solve some of the world's biggest challenges, and he is eager to support companies that are using technology to make a positive impact.
Global perspective
Saverin is a global investor, with investments in companies all over the world. He believes that the best investment opportunities can be found anywhere, and he is not afraid to invest in companies outside of the United States.
Long-term approach
Saverin takes a long-term approach to investing. He is not looking for quick profits, but rather for companies that have the potential to grow and succeed over the long term. He is willing to be patient and support companies through their ups and downs.

Saverin's investments in several startups have been highly successful. He has generated substantial returns on his investments, and he has helped to create some of the world's most successful technology companies. His investment strategy is a model for other investors who are looking to invest in the future of technology.

5. Co-founded Aporta venture capital firm

Eduardo Saverin co-founded Aporta venture capital firm in 2010. Aporta is a global venture capital firm that invests in early-stage technology companies. Saverin's decision to co-found Aporta was a natural extension of his interest in entrepreneurship and his belief in the power of technology to solve problems and improve lives.

Aporta has invested in a number of successful startups, including Facebook, Qwiki, and Jumio. Saverin's experience as an entrepreneur and investor has given him a deep understanding of the challenges that startups face. He is able to provide valuable advice and support to the companies that Aporta invests in.

The connection between "Co-founded Aporta venture capital firm" and "eduardo saverin" is significant because it highlights Saverin's commitment to entrepreneurship and his belief in the power of technology. Aporta is a platform for Saverin to continue to support and invest in the next generation of technology companies.

6. Renounced US citizenship in 2012

Eduardo Saverin's decision to renounce his US citizenship in 2012 was a significant event in his life and career. There are several facets to this decision that are worth exploring:

Tax implications
One of the main reasons that people renounce their US citizenship is to avoid paying US taxes. The United States is one of the few countries in the world that taxes its citizens on their worldwide income, even if they live and work abroad. This can be a significant burden for high-net-worth individuals like Saverin.
Privacy and security
Another reason that people renounce their US citizenship is to protect their privacy and security. The US government has a wide range of surveillance programs that can collect data on its citizens, even if they live abroad. This can be a concern for people who are concerned about their privacy or who live in countries with repressive governments.
Investment opportunities
Renouncing US citizenship can also open up new investment opportunities. US citizens are subject to a number of restrictions on investing in foreign countries. By renouncing their citizenship, they can gain access to a wider range of investment opportunities.
Personal reasons
In addition to these practical considerations, there may also be personal reasons why Saverin decided to renounce his US citizenship. He may have felt a stronger connection to Brazil, his country of birth, or he may have simply wanted to simplify his life.

Ultimately, Saverin's decision to renounce his US citizenship was a complex one that was likely influenced by a number of factors. However, the facets discussed above provide a framework for understanding the decision and its implications.

7. Moved to Singapore in 2012

Eduardo Saverin's decision to move to Singapore in 2012 was a significant event in his life and career. There are several facets to this decision that are worth exploring:

Tax implications
Singapore has a territorial tax system, which means that only income earned in Singapore is subject to tax. This can be a significant savings for high-net-worth individuals like Saverin, who have income from sources all over the world.
Lifestyle
Singapore is a modern, cosmopolitan city with a high quality of life. It is also a major financial center, which makes it an attractive place for entrepreneurs and investors like Saverin.
Investment opportunities
Singapore is a hub for venture capital and private equity investment. This makes it an ideal place for Saverin to invest in early-stage technology companies.
Personal reasons
In addition to these practical considerations, there may also be personal reasons why Saverin decided to move to Singapore. He may have felt a stronger connection to Asia, or he may have simply wanted to experience a different culture.

Ultimately, Saverin's decision to move to Singapore was a complex one that was likely influenced by a number of factors. However, the facets discussed above provide a framework for understanding the decision and its implications.

Frequently Asked Questions about Eduardo Saverin

This section addresses frequently asked questions about Eduardo Saverin, a Brazilian entrepreneur and investor best known as one of the co-founders of Facebook.

Question 1: What is Eduardo Saverin's net worth?

Answer: As of 2023, Eduardo Saverin's net worth is estimated to be US$13.2 billion, according to Forbes.

Question 2: Why did Eduardo Saverin leave Facebook?

Answer: Eduardo Saverin left Facebook in 2005 after a dispute with Mark Zuckerberg over the company's direction. Saverin sold his shares in the company for $75 million.

Question 3: What is Aporta?

Answer: Aporta is a venture capital firm co-founded by Eduardo Saverin in 2010. Aporta invests in early-stage technology companies.

Question 4: Where does Eduardo Saverin live?

Answer: Eduardo Saverin moved to Singapore in 2012. He renounced his US citizenship the same year.

Question 5: What are Eduardo Saverin's investment interests?

Answer: Eduardo Saverin is primarily interested in investing in early-stage technology companies. He has invested in a number of successful startups, including Facebook, Jumio, and Path.

These are just a few of the most frequently asked questions about Eduardo Saverin. For more information, please refer to the other sections of this article.

Transition: Eduardo Saverin is a successful entrepreneur and investor who has made significant contributions to the technology industry. His story is an inspiration to entrepreneurs and investors around the world.

Conclusion

Eduardo Saverin is a successful entrepreneur and investor who has made significant contributions to the technology industry. His story is an inspiration to entrepreneurs and investors around the world.

Saverin's journey is a reminder that success is not always easy. He faced challenges and setbacks along the way, but he never gave up on his dreams. His story teaches us that with hard work, dedication, and a willingness to take risks, anything is possible.

Saverin's legacy as a co-founder of Facebook and his continued investment in the technology industry will continue to inspire future generations of entrepreneurs. He is a role model for all who believe in the power of technology to change the world.