Eduardo Saverin Net Worth

What is Eduardo Saverin’s Net Worth?

Eduardo Saverin is a Brazilian-born internet entrepreneur who has a net worth of $10 billion. He is famous for being one of the co-founders of Facebook. Eduardo provided Facebook with its very first investment of $15,000 back in late 2003.

Highlights

After Facebook went public, Saverin held 53,133,360 shares worth a total of $2.18 billion, or just under 2% of Facebook’s outstanding shares. However, he sold off more than half of his shares before the IPO.

Early Life

Eduardo Luiz Saverin was born on March 19, 1982, in Sao Paulo, Brazil to a wealthy Jewish family. In 1993, his family immigrated to the U.S. and settled in Miami, Florida after Eduardo’s name was discovered on a list of kidnapping victims by gangs specializing in kidnapping for ransom.

Career

Saverin met Mark Zuckerberg during his junior year at Harvard. They co-founded Facebook in 2004 with Saverin holding the positions of chief financial officer and business manager. However, their relationship soured over time, and Saverin had a legal battle with the company and Zuckerberg.

Personal Life

In September 2011, Saverin renounced his U.S. citizenship and became a resident of Singapore, where he currently resides. He married Elaine Andriejanssen in 2015. They have been involved in various ventures and investments, including the founding of B Capital, a venture capital firm.

Net Worth Over Time

Eduardo Saverin’s net worth has significantly increased over time, thanks to his early investment in Facebook. His $15,000 investment turned into billions of dollars as Facebook grew into a global phenomenon.

Components of Net Worth

Eduardo Saverin’s net worth is mainly composed of his equity stake in Facebook. As one of the co-founders, his ownership in the company has made him one of the richest individuals in the world. Additionally, Saverin has made investments in various ventures and startups, further contributing to his net worth.

In conclusion, Eduardo Saverin’s net worth is estimated to be $10 billion. As a co-founder of Facebook, his early investment in the company has propelled his wealth to extraordinary levels. Through his various ventures and investments, Saverin continues to make significant contributions to the business and financial world.

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