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Brazilian internet entrepreneur and investor, Eduardo Luiz Saverin has an estimated net worth of $10.6 billion as of April 2019. After Facebook went public, the filing shows that Saverin holds 53,133,360 shares worth a total of $2.18 billion, or just under 2 percent of Facebook’s outstanding shares. That number would be even higher if he hadn’t already sold off more than half of the shares he won in his lawsuit against the company. The cash from those sales puts his total net worth at approximately $2.8 billion, says Forbes.

Saverin is one of four co-founders of Facebook.com, along with Mark Zuckerberg, Dustin Moskovitz, and Chris Hughes. Now a resident of Singapore, he has since sold more than half his stake in Facebook and has started to invest in startups including Qwiki and Jumio, which created the online payment Netswipe. The Brazilian-born Saverin apparently provided early seed money, earning him a one-third stake. This fell to 30% when Zuckerberg's roommate, Dustin Moskovitz, joined. When the others dropped out of school to relocate to California, Saverin stayed behind. Facebook later sued him for allegedly interfering with business and insisting on keeping a 30% stake; Saverin countersued. The parties settled, with Saverin apparently receiving a 5% stake and a co-founder bio on Facebook's site. While his former classmates celebrate Facebook's IPO at their new Menlo Park, California digs, company co-founder Eduardo Saverin may well be miles away, perhaps in his new home in Singapore. Saverin, immortalized in The Social Network as Mark Zuckerberg's onetime best friend, started the company with the current CEO at Harvard. In September 2011, he renounced his U.S. citizenship, later reportedly to avoid paying significantly more in US taxes after the Facebook IPO. Singapore has no capital gains taxes and the U.S. does not impose capital gains tax on the U.S. investments of non-resident aliens.


Earnings & Financial Data

Date

Category

Description

Amount

2014

Asset

Series B investment with Silvercar along with five investors

$14,000,000

2014

Asset

Series A investment with FlightCar along with six investors

$13,500,000

2014

Asset

Series B investment with RedMart along with four investors

$23,000,000

2014

Asset

Series A investment with Nitrous.IO along with seven investors

$6,700,000

2014

Asset

Undisclosed investment with RedMart along with three investors

$5,400,000

2013

Asset

Seed investmetn with Nitrous.IO along with thirteen investors

$1,000,000

2011

Asset

Undisclosed investment with ShopSavvy

$7,000,000

2011

Asset

Series A investment with Jumio along with one investor

$6,500,000

2011

Asset

Series A investment with Qwiki along with eight investor

$8,000,000

2011

Asset

Seed investmetn with CrowdMob along with ten investors

$1,000,000