Eduardo Saverin is a Brazilian-born entrepreneur and investor best known for co-founding the social media giant Facebook. We will explore Saverin’s background, career, notable achievements, and some interesting facts about this highly successful businessman.
What is Eduardo Saverin’s net worth?
Eduardo Saverin is a well-known entrepreneur and investor who co-founded the social media giant Facebook. Saverin’s net worth is estimated to be around $7.5 billion, making him one of the wealthiest people in the world.
General info about Eduardo Saverin
Net Worth | $7.5 billion |
Full name | Eduardo Luiz Saverin |
Known as | Eduardo Saverin |
Date of Birth | March 19th, 1982 |
Place of Birth | São Paulo, Brazil |
Height | 5’8” feet (1.77 m) |
Nationality | Brazilian |
Education | Economics, Harvard |
Profession | Businessman, investor |
What is Eduardo Saverin’s salary?
Saverin’s salary is private, but he likely receives significant income from various business ventures and investments. Once Facebook went public, the filing showed that Eduardo Saverin owned 2 % of the company, worth a total of $2.18 billion at the time.
What made him famous?
Saverin first became famous as a co-founder of Facebook, which he co-founded with Mark Zuckerberg while they were students at Harvard University. Saverin was responsible for overseeing the company’s business side and helped secure early funding for the social media platform.
How did Eduardo Saverin make his fortune?
Saverin made his fortune through his successful career in business and investing. In addition to his role at Facebook, where he made most of his wealth, he has also made successful investments in other companies, including Jumio and 99.co.
Family and relationships
Saverin is known to be private about his personal life, and little is known about his family or relationships; however, he has one younger brother, and his parents are reportedly successful businesspeople in Brazil.
Associated With
In 2003, Mark Zuckerberg approached Eduardo Saverin with the idea for TheFacebook.com, and Saverin provided the necessary funds for the website’s launch in February 2004. Saverin served as the company’s chief financial officer and business manager, later known as Facebook.com. Saverin, along with Zuckerberg, Dustin Moskovitz, and Chris Hughes, were the co-founders of Facebook.com.
While Zuckerberg moved to Palo Alto to focus on the business, Saverin took an internship with Lehman Brothers in New York City. However, their relationship became strained that summer, as Zuckerberg became resentful of Saverin’s absence and focus on other projects, including the unauthorized advertising of Joboozle, a job website developed by Saverin, on Facebook. At the time, Saverin owned a 34% stake in the company.
The relationship between Saverin and Zuckerberg reportedly became strained. In 2011, Saverin filed a lawsuit against Zuckerberg, alleging that he had been improperly diluted of his ownership stake in the company. Saverin claimed that Zuckerberg had intentionally reduced his ownership percentage by issuing new shares of stock to other investors.
The lawsuit was eventually settled out of court, with Saverin reportedly receiving an undisclosed sum of money and a small percentage of Facebook’s stock. Despite the settlement, it is clear that Saverin and Zuckerberg’s relationship had become strained and that the two had a falling out.
In addition to his association with Zuckerberg, Saverin has also been linked to Elon Musk, the CEO of SpaceX and Tesla. Saverin has made investments in Musk’s companies, and the two have been seen together at various events.
Early life and education
Saverin was born in São Paulo, Brazil, and moved to the United States as a child. He attended Harvard University, where he studied economics and computer science.
Interesting facts about Eduardo Saverin
There are several interesting facts about Saverin. For example, he renounced his U.S. citizenship in 2012 to reduce his tax burden, causing controversy at the time. He has also been involved in philanthropic efforts, including supporting organizations that work to improve education in developing countries.
Notable achievements
One of Saverin’s notable achievements is his role in the creation and success of Facebook. He has also been recognized for his business acumen and investing skills, with numerous accolades and awards throughout his career.
Books & Documentaries
Saverin’s story has been the subject of several books and documentaries, including the famous film The Social Network, which tells the story of the founding of Facebook. In the movie, Eduardo Saverin is portrayed by actor Andrew Garfield. Saverin is depicted as a business student at Harvard University who co-founds Facebook with his friend Mark Zuckerberg, played by Jesse Eisenberg.
Conclusion
In conclusion, Eduardo Saverin is a highly successful entrepreneur and investor with a net worth of around $7.5 billion. He is best known for co-founding Facebook but has also made successful investments in other companies. Despite his private nature, Saverin has significantly impacted the business world and will likely continue to do so in the future.