Fact-checked by Grok 2 weeks ago

Eduardo Saverin

Eduardo Luiz Saverin (born March 19, 1982) is a Brazilian-born entrepreneur and investor, best known as a co-founder of (formerly ), which he helped launch in 2004 as a student alongside . Born in to a wealthy family, Saverin relocated to as a child before attending Harvard, where he graduated with an economics degree in 2006. As the company's initial financier, he provided seed capital that enabled early operations, though his equity was later diluted amid internal disputes, leading to a 2005 that preserved his minority stake in the firm. Relocating to around 2009 and renouncing his U.S. citizenship in 2011, Saverin has since focused on as co-founder and co-CEO of B Capital Group, which invests in growth-stage technology companies across and beyond. His fortune, derived primarily from his Meta holdings, stands at an estimated $40 billion as of late 2025, positioning him as Singapore's richest resident and one of the world's wealthiest individuals.

Early Life and Education

Family Background and Childhood

Eduardo Luiz Saverin was born on March 19, 1982, in , , into a wealthy Jewish-Brazilian family. His , Roberto Saverin, operated businesses in , shipping, and , amassing significant wealth through industrial ventures. His mother worked as a . Saverin has two siblings, and his Romanian-born grandfather, Eugenio Saverin (born Eugen Saverin), had established an entrepreneurial foundation for the family. The family's affluence exposed them to risks prevalent in Brazil during the early 1990s, including rampant kidnappings targeting the elite amid economic instability and high crime rates. In 1993, when Saverin was 11 years old, the family relocated to , , after Roberto Saverin discovered his son's name on a list of potential kidnapping targets. This move aligned with broader patterns of wealthy s emigrating to the for safety, as grappled with , political turmoil under , and a surge in that claimed numerous high-profile victims. Roberto subsequently managed a pharmaceutical export business from . Saverin attended in , adapting to American education while maintaining ties to his heritage.

University Education

Saverin attended , where he majored in and graduated with a in 2006, earning honors. While an undergraduate, he demonstrated an early interest in investment and finance, serving as president of the Harvard Investment Association, a student group focused on exploring investment strategies and opportunities. He was also a member of , an elite final club at Harvard known for its selective membership and social networking among undergraduates. These activities honed his business acumen, which later contributed to his role in funding early tech ventures, including his initial investment in alongside fellow Harvard student .

Founding and Early Involvement with Facebook

Initial Contributions and Role

Eduardo Saverin, a fellow Harvard undergraduate, met through mutual social circles in the Phoenix S.K. final club and became involved in the precursor project Facemash in late 2003, where he assisted with logistical aspects such as securing server space. Following the shutdown of Facemash by Harvard administrators, Zuckerberg began developing TheFacebook.com, initially agreeing with Saverin and others to each invest $1,000 to fund the venture. Saverin subsequently provided additional seed capital, totaling around $18,000 to $20,000 by mid-2004, which covered essential early operational costs including web hosting, servers, and advertising to promote the site's launch on February 4, 2004, exclusively for Harvard students. As one of the five co-founders alongside Zuckerberg, , , and , Saverin assumed the role of () and focused on business operations rather than technical development. In this capacity, he handled incorporation of the initial entity as a Florida limited-liability company (LLC), managed financial structuring, and secured initial equity allocations, receiving approximately 30% ownership in exchange for his investments and contributions. His financial backing enabled the site's rapid expansion beyond Harvard to other schools within weeks, laying groundwork for broader adoption. Saverin's non-technical role complemented Zuckerberg's programming focus, providing stability during the precarious dorm-room phase when the platform lacked external funding.

Expansion Challenges and Share Dilution

As Facebook's user base expanded rapidly from Harvard to other schools and beyond in early 2005, the company faced acute operational challenges, including surging server costs exceeding $100,000 monthly and the need for dedicated engineering talent to scale the platform. Saverin, serving as from , prioritized advertising deals but contributed minimally to day-to-day operations or additional funding beyond his initial approximately $18,000 investment, which had secured him around 30% ownership. This disconnect exacerbated tensions, as Zuckerberg, relocated to Palo Alto with the core team, viewed Saverin's remote involvement and delays in approving further expenditures—such as freezing the company's account amid disputes—as impediments to securing and hiring. To address these issues and restructure for growth, Zuckerberg incorporated a new corporation in mid-2004, merging the original Florida LLC and preparing for investors like , who invested $500,000 in August 2004. On January 7, 2005, the company issued over 9 million additional shares primarily to Zuckerberg, , and new employees, while Saverin—who had earlier signed an agreement delegating voting rights to Zuckerberg—received no proportional allocation, diluting his stake from roughly 30% to approximately 0.03%. This move, justified internally as necessary to incentivize key contributors and maintain control amid expansion pressures, was executed without Saverin's prior approval and followed his perceived disengagement, including unauthorized media outreach that risked legal issues for the nascent firm. The dilution sparked immediate conflict, with Saverin alleging breach of fiduciary duty and Zuckerberg countersuing, claiming Saverin's actions harmed the company. Facebook publicly demoted Saverin and froze his access, framing the restructuring as standard for high-growth startups requiring aligned incentives. The dispute, filed in federal court in 2005, highlighted broader challenges in founder equity during rapid scaling, where inactive partners risk marginalization without protective agreements. It settled confidentially in June 2009, restoring Saverin to approximately 5% ownership—valued at billions post-IPO—while granting him co-founder recognition, though the terms underscored the perils of uneven contributions in venture-backed expansion.

Legal Dispute and Resolution

In early 2005, as Facebook expanded beyond Harvard, disagreements emerged over Saverin's role. While Zuckerberg relocated to Palo Alto to focus on full-time development and secure venture funding, Saverin remained in for an and provided limited operational support. To enable a and new round, Facebook's board approved the issuance of over 9 million additional shares on January 7, 2005, which diluted Saverin's stake from roughly 30% to approximately 0.03% without his pro-rata participation or prior approval. Facebook filed a against Saverin in 2005, asserting breach of fiduciary duty and arguing that his inaction hindered the company's progress, including claims that he had withdrawn server access and failed to fund adequately. Saverin responded with a countersuit in April 2005, alleging , , and intentional dilution of his equity to oust him unlawfully. The litigation exposed internal emails where Zuckerberg discussed strategies to marginalize Saverin, highlighting the founder's inactive status as justification for the moves. The parties reached an out-of-court in , with terms kept confidential to avoid further public scrutiny. Saverin was reinstated as a co-founder on 's official masthead and awarded approximately 4-5% of the company's , vesting him with significant future value as grew. This resolution preserved Saverin's financial interest while allowing Zuckerberg to consolidate control, a common outcome in startup founder disputes where operational contributions influence reallocations.

Professional Career Post-Facebook

Relocation and Business Strategy

Saverin relocated to in late 2009, shortly after resolving his legal dispute with co-founder . His spokesperson described the move as practical, citing Saverin's intention to invest in companies with substantial operations or interests in . This relocation aligned with a broader business emphasizing venture investments in high-growth Asian markets, leveraging Singapore's status as a financial hub with efficient regulatory frameworks and access to regional talent pools. Singapore's flat 20 percent top rate on earnings—contrasted with the U.S. federal rate exceeding 35 percent for high earners at the time—provided an additional economic , enabling capital preservation for reinvestment amid the post-financial crisis recovery. Post-Facebook, Saverin pivoted from operational involvement in startups to a low-profile investing approach, prioritizing early-stage tech firms in sectors like and software, where scalable models could exploit Asia's demographic and digital expansion. This strategy reflected a deliberate diversification away from U.S.-centric ecosystems, informed by Saverin's background and firsthand experience with rapid scaling challenges at . By 2011, his Asia-focused portfolio was yielding returns, underscoring the efficacy of geographic repositioning for sourcing undervalued opportunities in emerging markets like and .

Establishment of B Capital Group

In , Eduardo Saverin co-founded B Capital Group, a firm, alongside Ganguly, a former managing director at . The partnership originated from their collaboration in starting in 2012, where Saverin had relocated and identified opportunities in Southeast Asia's emerging ecosystem. Headquartered in , B Capital was structured as a global multi-stage investment firm targeting early- to late-stage technology companies, particularly in sectors like software, , and consumer . The firm's establishment leveraged Saverin's personal capital from his Facebook stake, estimated at the time to provide substantial seed funding, combined with Ganguly's operational expertise in private equity and consulting. Initial operations emphasized deal sourcing through strategic partnerships, including with the (BCG) for proprietary insights and market analysis, enabling B Capital to differentiate from traditional VC models reliant solely on network-driven opportunities. Saverin assumed the role of co-CEO, focusing on high-conviction investments while maintaining a low public profile consistent with his post- approach to business. By its inception, B Capital aimed to capitalize on undervalued growth markets outside the U.S., such as Asia and later expansions into Europe and the Middle East, reflecting Saverin's view of geographic diversification as a hedge against U.S.-centric market volatility. The firm quickly raised its debut fund, though exact initial assets under management were not publicly disclosed, prioritizing long-term compounding over rapid scaling. This foundational strategy positioned B Capital to manage over $8 billion in assets by the early 2020s, underscoring the efficacy of its targeted, region-agnostic approach.

Investment Focus and Notable Deals

B Capital Group, co-founded by Saverin and Raj Ganguly in 2015, concentrates its investments on transformative technologies in sectors including , , healthcare technology, and climate tech, with a geographic emphasis on , , , and . The firm pursues opportunities across investment stages, from pre-seed and early-stage via its Ascent funds to later-stage growth through dedicated opportunities funds, often leveraging a with to provide portfolio companies with operational expertise and market insights. Saverin, as co-CEO, has directed much of the firm's activity toward high-growth innovators in , prioritizing long-term scalability and technological disruption over short-term trends. Key deals highlight B Capital's sector priorities. In healthcare tech, the firm backed Amwell, a platform that went public in 2020, and Faeth Therapeutics, which raised $25 million in 2025 for cancer metabolism research; other investments include Aetion for analytics and Atomwise for AI-driven . In fintech and enterprise tech, notable commitments encompass CoinDCX, an Indian , Icertis for software, and DataRobot for platforms, alongside Lambda for AI infrastructure and Newfront for insurance brokerage . Southeast Asian bets include Carro, a used marketplace that attained unicorn valuation, and Bounce, an urban parking and mobility service. The firm's scale underscores its deal-making capacity: its third growth fund closed at $2.1 billion in January 2023, targeting enterprise and healthcare expansions, while the $750 million Opportunities Fund II, finalized in 2024, supports investments in existing leaders across and sectors. Saverin-linked investments number over 40, reflecting a disciplined approach amid volatile markets, such as pausing SPAC pursuits in due to downturn risks. No major public exits have been reported as of October 2025, with returns accruing through sustained growth in holdings like GrayMatter for and Precision Neuroscience for brain-computer interfaces.

Citizenship Status and Tax Decisions

Renunciation of U.S. Citizenship

Eduardo Saverin, born in and naturalized as a U.S. citizen, formally renounced his American citizenship in 2011, prior to Facebook's in May 2012. His name appeared on a quarterly list of expatriates published by the on April 30, 2012, confirming the renunciation. At the time, Saverin held an estimated 4 to 5 percent stake in , valued significantly lower than post-IPO levels, which influenced the timing under U.S. tax rules requiring payment of an "exit tax" on unrealized capital gains as if assets were sold at fair market value on the renunciation date. The renunciation occurred after Saverin had relocated to Singapore around 2009, where he established residency in a with no , contrasting sharply with the U.S. system's worldwide taxation of citizens regardless of residence. U.S. law imposes this exit tax on "covered expatriates" like Saverin, whose exceeded $2 million or average annual liability surpassed a threshold, treating the deemed sale of assets such as his shares at their then-current valuation to compute deferred gains. This mechanism ensured immediate taxation on pre-renunciation appreciation but exempted future gains from U.S. rates, which could reach 15 percent plus potential state taxes, after the expatriation. Saverin's spokesman stated that the decision was not motivated by financial considerations but by a desire to build his life in , where he had already been investing and residing. However, the structural incentives of U.S. citizenship-based taxation—unique among major economies for taxing global of citizens abroad—combined with Singapore's investor-friendly regime lacking or capital gains levies, provided a clear fiscal for holding and realizing gains on high-value assets like pre-IPO equity. The expatriation severed ongoing U.S. obligations on worldwide post-renunciation, though U.S.-sourced remained potentially taxable, and estate exposure ended for non-U.S. domiciliaries.

Economic Rationale and Public Backlash

Saverin renounced his U.S. citizenship in September 2011, after relocating to Singapore in 2009, a move widely attributed to minimizing tax liabilities on anticipated gains from Facebook's initial public offering (IPO) scheduled for May 2012. The U.S. taxes its citizens on worldwide income, including capital gains, regardless of residence, whereas Singapore imposes no capital gains tax and offers lower overall rates for high-net-worth individuals. By expatriating before the IPO, Saverin triggered an "exit tax" on unrealized gains valued at the time of renunciation—estimated to be lower than post-IPO share prices—but avoided U.S. taxation on subsequent appreciation and sales, potentially saving $67 million to over $100 million depending on share holdings and valuations. A spokesman for Saverin denied tax motives, asserting the decision was personal and not financial, though independent analyses and timing relative to the IPO fueled skepticism. The economic calculus favored Singapore's territorial tax system, which taxes only locally sourced income and exempts foreign capital gains, enabling Saverin to retain a larger portion of his wealth from equity—valued at billions post-IPO—without ongoing U.S. obligations. U.S. exit rules under Section 877A impose deemed sale treatment on assets at upon expatriation, but for pre-IPO private shares, this often results in lower immediate liability compared to taxing full post-IPO realization as a citizen. Defenders, such as the , argued that Saverin earned his wealth through innovation in the U.S. but owed no perpetual claim to American government revenue after departure, emphasizing voluntary taxation principles over citizenship-based claims. The announcement sparked significant public and political backlash, with critics portraying it as unpatriotic by someone who benefited from U.S. and . U.S. Senators and Bob Casey condemned it as "spitting in the eye of the American people," introducing the Ex-PATRIOT in May 2012 to retroactively tax expatriates like Saverin on future U.S. investment gains at 30% and bar them from U.S. entry. Media outlets amplified outrage, estimating $39 million to $67 million in avoided taxes and questioning loyalty from a Brazilian-born naturalized citizen who attended Harvard. Saverin responded via statement, affirming his love for , commitment to paying taxes in his country of residence, and rejection of ingratitude accusations, while noting he had paid U.S. taxes during his time stateside. The controversy highlighted tensions over U.S. citizenship taxation, with over 1,700 renunciations in 2011 amid rising rates, though Saverin's high-profile case drew disproportionate scrutiny.

Personal Life and Philanthropy

Family and Private Life

Eduardo Saverin married Elaine Andriejanssen, an Indonesian national of Chinese descent from a wealthy family, on June 25, 2015. The couple has one child. Andriejanssen has worked in finance. Saverin and his family reside in Singapore, where he has lived since emigrating there in 2009. He maintains a relatively private personal life despite his wealth, avoiding public attention and focusing on family and business pursuits in the city-state. The family owns luxury properties in Singapore, including high-end residences that reflect his billionaire status while prioritizing seclusion.

Charitable Activities

Saverin co-founded the Elaine and Eduardo Saverin Foundation Limited, registered as a charity in Singapore in September 2023, with a mission to support education, healthcare, poverty alleviation, and environmental conservation initiatives globally. In September 2024, the foundation, on behalf of Saverin and his wife Elaine, donated S$20 million (approximately US$15 million) to the Singapore American School, marking the largest gift in the institution's 68-year history. The funds are designated for developing world-class play spaces, advanced STEM laboratories, and enhancements to a new campus facility. This contribution earned Saverin recognition as one of Forbes Asia's 2024 Heroes of Philanthropy.

Wealth Accumulation and Legacy

Net Worth Trajectory

Eduardo Saverin's wealth originated from his early involvement in , culminating in a 2009 settlement that provided him with a significant , estimated at around 5% of the company at the time. Following 's IPO on May 18, 2012, at $38 per share, Saverin held approximately 53 million shares valued at $2.18 billion, equivalent to under 2% ownership after dilutions and prior sales. His net worth expanded considerably as ' market capitalization grew, driven by advertising revenue and technological advancements, including integrations. By 2023, valued his fortune at $16 billion, reflecting stock appreciation and selective share sales exceeding $500 million in proceeds. Saverin has since diversified through B Capital Group, co-founded in 2015, which manages over $7 billion in assets across technology, healthcare, and climate sectors, contributing to further gains via venture returns and late-stage deals. In September 2025, Forbes' Singapore's 50 Richest list reported his net worth at $43 billion, boosted by $14 billion in Meta-driven growth that year. As of October 25, 2025, real-time estimates placed it at $40.5 billion, underscoring ongoing volatility tied to Meta's performance while maintaining his position among global billionaires.

Impact on Venture Capital and Recognition

Saverin co-founded B Capital Group in 2015 alongside Ganguly, establishing a multi-stage firm that prioritizes investments in , healthcare, consumer , and climate sectors, with an emphasis on and opportunities bridging U.S. and Asian markets. The firm has facilitated capital deployment into high-growth startups, including follow-on rounds via dedicated opportunities funds, such as the $750 million sophomore fund closed in March 2024 for existing portfolio companies in and healthcare. By applying methodologies to Asian ecosystems, B Capital has supported entrepreneurs in regions like and , where Saverin has highlighted untapped potential despite market maturity lags behind . Under Saverin's co-leadership, B Capital expanded to eight global offices and over 100 employees, amassing more than $7 billion in by 2024, with a $9 billion venture growth platform emphasizing AI-driven strategies by 2025. This growth has positioned the firm as a conduit for cross-border , enabling U.S. limited partners to access Asian deal flow while providing regional founders with global networks and expertise. Notable expansions include senior hires for climate-focused platforms in 2024 and partnerships like with to bolster early-stage founder support. Saverin's venture efforts have earned recognition through his inclusion on Forbes' billionaire rankings, reflecting B Capital's $8 billion and his role as co-CEO. Media profiles have credited him with pioneering "borderless investing" models that accelerate innovation in underrepresented markets, as detailed in analyses of his shift from to Singapore-based operations. His influence extends to thought leadership on Asia's startup dynamics, with outlets like citing his assessments of markets like India's "tremendous potential."

References

  1. [1]
    Eduardo Saverin - Forbes
    Eduardo Saverin cofounded Meta Platforms, formerly Facebook, with Harvard classmate Mark Zuckerberg in 2004. · Now a venture capitalist, he still derives most of ...
  2. [2]
    Eduardo Saverin - Bloomberg Billionaires Index
    Biography. Born to a wealthy Brazilian family in 1982, Saverin moved to Miami as a child and went on to attend Harvard University. In February 2004, he joined ...
  3. [3]
    Eduardo Saverin - Co-Founder, Facebook Inc. - LinkedIn Singapore
    I was born in Sao Paulo, Brazil and graduated with a degree Economics with honors from Harvard University in 2006. I currently reside in Singapore. Articles by ...
  4. [4]
    Eduardo Saverin - B Capital
    Eduardo Saverin is a Co-Founder and Co-CEO of B Capital. Previously, he was the first investor in and Co-Founder of Facebook.
  5. [5]
    Eduardo Saverin Biography - The Famous People
    Eduardo Luiz Saverin was born on March 19, 1982, in Sao Paulo, Brazil, into a Jewish family. He has two siblings. His father Robert Saverin was a successful ...
  6. [6]
    Digital Media Concepts/Eduardo Saverin - Wikiversity
    Mar 8, 2022 · Saverin was born on March 19 1982, in São Paulo, Brazil to Jewish parents Roberto and Paula Saverin. He came from riches, as his father was also ...
  7. [7]
    Eduardo Luiz Saverin - Genealogy - Geni
    Mar 14, 2025 · Saverin's father, Roberto Saverin, was an industrialist working in clothing, shipping, and real estate. His mother, Paula, was a psychologist ...Missing: childhood | Show results with:childhood
  8. [8]
    Eduardo Saverin Net Worth, Biography, Age, Spouse, Children & More
    He comes from a Jewish-Brazilian family. His father, Roberto Saverin, is a businessman, while his mother, Sandra, is a psychologist. Eduardo has two siblings.
  9. [9]
    HAPPY 39th BIRTHDAY to EDUARDO SAVERIN!! Born ... - Facebook
    Mar 19, 2021 · His mother, Sandra, was a psychologist. He has two siblings. His Romanian-born grandfather, Eugenio Saverin (born Eugen Saverin), is the founder ...
  10. [10]
    Pass notes No 3,175: Eduardo Saverin | Facebook - The Guardian
    May 14, 2012 · It doesn't help that Saverin was born in Brazil and moved to the US as a child because his family were afraid of kidnappers. As the ...<|separator|>
  11. [11]
    Eduardo Saverin, Miami-Raised Facebook Founder, Slammed Over ...
    May 24, 2012 · Saverin, a São Paulo, Brazil native, moved to Miami in 1993 after his wealthy family was allegedly threatened with kidnappings. At Gulliver ...
  12. [12]
    Facebook's Eduardo Saverin quits US ahead of flotation - BBC News
    May 14, 2012 · Mr Saverin has lived in Singapore since 2009. He had been sent to Miami in 1993 after his father discovered his name on a list of targets ...
  13. [13]
    Eduardo Saverin Finally Opens Up: 'No Hard Feelings Between Me ...
    May 27, 2012 · ... Roberto Saverin, Eduardo's father, who now runs a Miami-based pharmaceutical drugs export business and was also interviewed by Altman. Along ...
  14. [14]
    A Facebook Co-Founder Reflects on the Path Forward
    May 16, 2012 · Mr. Saverin received a degree in economics from Harvard in 2006, and in 2009 settled in Singapore while on a world tour with his freshman-year ...
  15. [15]
    Business, Casual. | Magazine - The Harvard Crimson
    Feb 24, 2005 · Saverin, a former president of the Harvard Investment Association, agreed to throw in $1,000 in startup money. This capital, he and Zuckerberg ...Missing: activities | Show results with:activities
  16. [16]
    Immigrant Profile: Eduardo Saverin - LCR Capital Partners
    Sep 28, 2019 · Saverin is from São Paulo, Brazil. He was born on March 13, 1982, into a wealthy family that was able to provide him with an excellent education ...Missing: birthplace details
  17. [17]
    Four funding lessons from the founding of Facebook - Buzzacott
    Saverin had a very large portion of Facebook (30%) but wasn't working full time to build the business – so in the eyes of his co-founders, and investors, he ...<|separator|>
  18. [18]
    Facebook Turns 20: Where Are Its Five Founders Now? - Observer
    Feb 4, 2024 · They initially each agreed to invest $1,000 in Facebook and later committed another $18,000 each. Saverin served as the company's first chief ...
  19. [19]
    How much money did Eduardo Saverin actually invest in Facebook?
    Jul 24, 2012 · Initially, Zuckerberg, Saverin, and Moskovitz formed TheFacebook.com as a limited-liability company (LLC) under Florida law. The shares were ...How did Eduardo Saverin become a billionaire in a short time?How much equity did Mark Zuckerberg start with in the beginning?More results from www.quora.com
  20. [20]
    Eduardo Saverin: How I co-founded Facebook and got erased by ...
    Jun 9, 2025 · I co-founded Facebook, invested the first $15,000, and helped launch the site, then got erased by Zuckerberg. This is the story of Eduardo ...
  21. [21]
    The Real Story of Facebook A Lesson in Support and Vision In 2004 ...
    May 8, 2025 · He brought a few close friends on board: Eduardo Saverin, who provided initial funding and became the CFO, and Dustin Moskovitz, who helped ...
  22. [22]
    Eduardo Saverin: From Facebook Co-founder to Multi-Billionaire ...
    Oct 24, 2024 · Born in São Paulo, Brazil, in 1982, Facebook co-founder Eduardo Saverin moved to the United States with his family in the early 1990s. His ...Missing: biography | Show results with:biography
  23. [23]
    Eduardo Saverin's Current Net Worth - CitizenX
    Oct 5, 2025 · Eduardo Saverin has a current net worth of ~$10b USD. The Brazilian entrepreneur is one of the founders of Facebook and renounced US citizenship.
  24. [24]
    The Facebook Founders' Feud: Mark Zuckerberg vs. Eduardo Saverin
    Saverin alleged that Zuckerberg and other Facebook executives had conspired to push him out of the company. In response, Facebook claimed that Saverin had ...
  25. [25]
    The Eduardo Saverin Settlement: how much did Mark Zuckerberg ...
    Oct 1, 2023 · Saverin was born in Brazil into a wealthy family. His father, Roberto Saverin, had amassed in fortune in retail, real estate, and logistics.
  26. [26]
    EXCLUSIVE: Here's The Email Zuckerberg Sent To Cut His ...
    May 15, 2012 · It's the email then 20-year-old Mark Zuckerberg sent his lawyer giving him the go ahead to draft paperwork that would result in Saverin's dilution.Missing: reorganization | Show results with:reorganization
  27. [27]
    Eduardo Saverin's Settlement After His Lawsuit Against Facebook
    Jan 7, 2022 · The terms of the settlement weren't discussed publicly, but Saverin reportedly received $5 billion in shares (or 4 to 5 percent of them).
  28. [28]
    Facebook co-founder Saverin: I don't resent Zuckerberg - CNN
    May 29, 2012 · Saverin filed a lawsuit against Facebook over his reduced stake in the company, and the legal dispute was settled out of court. But despite well ...
  29. [29]
    Moving on From Facebook, Co-Founder Saverin Sets Up Shop in Asia
    Apr 21, 2011 · Looking to put that behind him, the Facebook co-founder relocated to Singapore in 2009 shortly after settling his legal battles with co-founder ...Missing: date | Show results with:date
  30. [30]
    Why is Facebook co-founder now in Singapore? | CNN Business
    May 17, 2012 · Why Singapore? According to his spokesman, Saverin's move was just “practical” as he plans to invest in companies “that have strong interests in ...
  31. [31]
    Why Eduardo Saverin moved to Singapore - Forbes
    May 11, 2012 · In Singapore, where he has resided since late 2009, top earners are taxed 20 percent on earnings.
  32. [32]
    Catching up with B Capital, the fast-growing firm founded by ...
    Feb 7, 2020 · B Capital Group, formed in 2015 by Facebook co-founder Eduardo Saverin and Raj Ganguly, formerly of Bain Capital, has been quietly building its business.
  33. [33]
    Eduardo Saverin - Co-Founder @ Meta - Crunchbase Person Profile
    Announced Date: Date when the Investment is announced. Organization Name ... Access Investment Amount for free. Access exclusive data for free.
  34. [34]
    B Capital Closes Third Growth Fund Series at $2.1 Billion
    Jan 19, 2023 · Focus is on global growth investments, primarily in enterprise, fintech and healthcare tech. ... Capital is led by Howard Morgan, Eduardo Saverin ...
  35. [35]
    Billionaire Eduardo Saverin's B Capital Raises $750 Million To Fund ...
    Mar 20, 2024 · B Capital Group, an investment firm cofounded by Facebook billionaire Eduardo Saverin, said it has raised $750 million of funding commitments from outside ...
  36. [36]
    Facebook co-founder Saverin's B Capital raises $750 mln in new fund
    Mar 19, 2024 · The fund will mainly be used to identify investment opportunities in existing portfolio companies in sectors like technology, healthcare and ...
  37. [37]
    B Capital & BCG
    Through our strategic partnership with Boston Consulting Group (BCG), B Capital's portfolio companies gain access to a vast network of global thought leaders.<|separator|>
  38. [38]
    Eduardo Saverin's B Capital Raises Its First Early-Stage VC Fund
    Jul 19, 2022 · (Bloomberg) -- B Capital Group, an investment firm run by Facebook co-founder Eduardo Saverin, raised $250 million for its first early-stage ...
  39. [39]
    B Capital Group investor portfolio, rounds & team - Dealroom.co
    In February 2025, B Capital Group, the multi-stage global venture capital firm co-founded by Eduardo Saverin and Raj Ganguly, established its Middle East ...
  40. [40]
    B Capital Group investment portfolio - PitchBook
    B Capital Group has made numerous investments in companies like CurbWaste, Faeth, and CoinDCX within the Business/Productivity Software, Drug Discovery, and ...
  41. [41]
    B Capital Group - MAGNiTT
    B Capital Group is a multi-stage, international investment firm founded in 2015 by Raj Ganguly, Eduardo Saverin, Howard Morgan, and Kabir Narang.<|control11|><|separator|>
  42. [42]
    B Capital Group investor portfolio, rounds & team
    Recent investments ; Icertis ; Lambda ; Beijing Yuanxin Technology ; Newfront ; Geek+.
  43. [43]
    B Capital Group – Info, Investments & Portfolio - VC Mapping
    Apr 25, 2025 · ... portfolio companies, including notable firms like Icertis, GrayMatter, and Precision Neuroscience. The firm's commitment to diversity is ...
  44. [44]
    Eduardo Saverin's Investing Profile - B Capital Group Partner | Signal
    Eduardo Saverin. InvestorVC. Co-Founder and Partner at B Capital Group. bcapgroup.com/team/Singapore. Photo of Eduardo Saverin, Partner at B Capital Group. Get ...<|separator|>
  45. [45]
    Facebook Billionaire Eduardo Saverin's B Capital Halts SPAC Plans ...
    May 2, 2022 · Facebook Billionaire Eduardo Saverin's B Capital Halts SPAC Plans Amid Market Volatility ... Raj Ganguly, cofounded and managing partner at B ...
  46. [46]
    B Capital Group
    Our portfolio companies · Positive Development: Family-centered, play-based autism care · GrayMatter: Smart robotic solutions for high-mix manufacturing.
  47. [47]
    Facebook co-founder renounces U.S. citizenship - NBC News
    May 11, 2012 · Saverin renounced his U.S. citizenship “around September” of last year, according to his spokesman. Singapore does not have a capital gains tax.Missing: date | Show results with:date
  48. [48]
    Facebook Co-Founder Won't Escape All U.S. Taxes By Renouncing ...
    May 11, 2012 · In 2011, Saverin moved to renounce his U.S. citizenship ... While there may be legitimate non-tax reasons for renouncing U.S. citizenship ...
  49. [49]
    Facebook Co-Founder Saverin Renounces Citizenship - CNBC
    May 11, 2012 · Saverin's name was on a list published April 30 by the Internal Revenue Service that documented citizens who chose to renounce their citizenship ...Missing: date | Show results with:date
  50. [50]
    Facebook co-founder Saverin may avoid $67 million in U.S. taxes
    May 16, 2012 · According to Bloomberg analysis, Saverin could save $67 million in US taxes by trading in his citizenship ahead of Facebook's IPO.
  51. [51]
    https://www.wsj.com/articles/SB10001424052702303360504577410571011995562
  52. [52]
    A Facebook Founder Renounces His U.S. Citizenship
    May 11, 2012 · He gained American citizenship in 1998. A spokesman for Mr. Saverin insisted his client did not renounce his citizenship for financial reasons.Missing: date | Show results with:date
  53. [53]
    Chasing Saverin's Winnings Is a Losing Battle - CNBC
    May 17, 2012 · Second, Saverin now seems to have joined the tax jurisdiction of Singapore, which has no capital gains tax at all. When he sells shares or takes ...<|separator|>
  54. [54]
    https://www.cpreview.org/articles/2012/05/saverin-to-singapore
  55. [55]
    Eduardo Saverin Renounces U.S. Citizenship Ahead Of Mega ...
    May 11, 2012 · Saverin, 30, may have made the move for tax reasons, hoping to avoid the highest rates before Facebook goes public.Missing: renunciation rationale
  56. [56]
    Four of the 10 richest Singaporeans are expats saving millions in taxes
    Moving to Singapore has allowed Saverin and his peers to reduce their tax bills: Singapore has no capital gains tax and offers a much lower individual tax rate ...
  57. [57]
    Eduardo Saverin Sold His U.S. Citizenship for $67 Million
    May 16, 2012 · By renouncing his U.S. citizenship, the new non-American will save at least $67 million in taxes from Facebook's IPO.
  58. [58]
    Facebook co-founder Eduardo Saverin criticized for renouncing U.S. ...
    May 21, 2012 · Facebook co-founder Eduardo Saverin criticized for renouncing U.S. citizenship presumably generated by tax savings · Any interest in a qualified ...
  59. [59]
    [PDF] Facebook's Saverin Left U.S. as a Taxpayer, Not a Traitor - Proskauer
    May 24, 2012 · The simple act of giving up his U.S. citizenship caused the capital-gains tax to be due and payable immediately. The government will collect ...Missing: renunciation rationale<|separator|>
  60. [60]
    Eduardo Saverin, Not the U.S. Government, Is Entitled to the Wealth ...
    May 14, 2012 · ... Saverin lives in Singapore, not why he dropped his American citizenship. ... citizenship often are dismissed as greedy tax traitors or ...Missing: implications | Show results with:implications
  61. [61]
    https://abcnews.go.com/blogs/politics/2012/05/facebooks-eduardo-saverin-spits-in-the-eye-of-the-american-people
  62. [62]
    Facebook co-founder's decision to renounce U.S. citizenship ... - CNN
    May 18, 2012 · Facebook co-founder Eduardo Saverin caused controversy this week when he announced that he was renouncing his US citizenship and moving to Singapore.Missing: backlash | Show results with:backlash
  63. [63]
    Americans feel defriended over perceived Eduardo Saverin tax dodge
    May 12, 2012 · Eduardo Saverin, the Facebook co-founder who renounced his U.S. citizenship in what many have seen as a move to avoid paying federal taxes ...
  64. [64]
    https://www.theguardian.com/p/37tj9
  65. [65]
    Facebook's Saverin fires back at tax-dodge critics - Reuters
    May 17, 2012 · Bloomberg first reported last week that Saverin had renounced his citizenship and, in so doing, may avoid U.S. taxes on the widely anticipated ...Missing: implications | Show results with:implications
  66. [66]
    Renouncing U.S. Citizenship: A New Trend? - Migration Policy Institute
    Sep 12, 2012 · It has been estimated that by renouncing his citizenship, Saverin's tax savings could exceed $100 million. Saverin has taken up residency in ...
  67. [67]
    Eduardo Saverin Facts for Kids
    Oct 17, 2025 · Eduardo Luiz Saverin, born on March 19, 1982, is a successful Brazilian businessman and investor. He is best known for being one of the people ...Early Life and School · Starting Facebook and Other...
  68. [68]
    Facebook Co-Founder Eduardo Saverin Confirms Wedding in ...
    Jul 26, 2015 · Saverin posted a photo of himself with his bride, Elaine Andriejanssen, with a message in English and Portuguese. “I am incredibly happy and ...<|separator|>
  69. [69]
    Where is Facebook co-founder Eduardo Saverin now? The Brazilian ...
    Dec 21, 2023 · Eduardo Saverin invested US$15,000 in Facebook, then was infamously booted from the venture by Mark Zuckerberg, which was depicted in The ...
  70. [70]
    ELAINE AND EDUARDO SAVERIN FOUNDATION LIMITED
    Their mission is focused on supporting education, healthcare, poverty alleviation, and environmental conservation projects around the world.
  71. [71]
    Spotlight on billionaires and tycoons who chose Singapore to set up ...
    May 24, 2025 · Elaine and Eduardo Saverin Foundation. Eduardo Saverin's foundation donated $20 million to the Singapore American School in 2024. PHOTO: B ...
  72. [72]
    Forbes Asia's 2024 Heroes Of Philanthropy
    Dec 9, 2024 · In September, Eduardo Saverin and his wife Elaine donated S$20 million ($15 million) to the privately operated Singapore American School (SAS), ...
  73. [73]
    Facebook Cofounder Saverin Gives $15 Million to Singapore School
    Sep 21, 2024 · “The Saverin family gift will support the creation of world-class play spaces, cutting edge STEM labs” and other improvements at a new ...Missing: activities | Show results with:activities
  74. [74]
    Facebook co-founder Eduardo Saverin gives $20 mil to Singapore ...
    Sep 22, 2024 · The family of billionaire Eduardo Saverin, who co-founded Facebook with Mark Zuckerberg, made a $20 million donation to the Singapore American School.Missing: activities philanthropy
  75. [75]
    Eduardo Saverin Net Worth
    Eduardo Saverin is a Brazilian-born internet entrepreneur who has a net worth of $30 billion. Eduardo Saverin is famous for being one of the co-founders of ...<|control11|><|separator|>
  76. [76]
    Eduardo Saverin's Net Worth Publicly Revealed: More Than $2 ...
    May 18, 2012 · We estimated Saverin's net worth at $2 billion, using a more conservative valuation of Facebook than the hype ultimately generated in the IPO.
  77. [77]
    Forbes list of Singapore's richest: Meta co-founder Eduardo Saverin ...
    Sep 7, 2023 · With a net worth of US$16 billion, the Brazil native, who has been a resident of Singapore for over a decade, was the biggest gainer in the 2023 ...
  78. [78]
    Singapore's 50 Richest 2025: Combined Wealth Jumps To $239 ...
    Sep 3, 2025 · Singapore's 50 Richest 2025: Combined Wealth Jumps To $239 Billion; Facebook Cofounder Eduardo Saverin Adds $14 Billion To Remain At No. 1.
  79. [79]
    Borderless Investing: Eduardo Saverin And Raj Ganguly Grow B ...
    Oct 13, 2019 · Eduardo Saverin and Rajarshi “Raj” Ganguly are two of the three cofounders of B Capital Group, a venture capital firm with close to $800 million.
  80. [80]
    Eduardo Saverin Brings Silicon Valley Investing to Asia
    Jun 22, 2011 · Eduardo Saverin expands his investment strategy to Asia, bringing Silicon Valley's innovative spirit to new markets.
  81. [81]
    Eduardo Saverin: India's startup market has tremendous potential
    Sep 28, 2022 · India's startup market is worth betting on, though it's still "a few years" behind China's, Facebook co-founder Eduardo Saverin said.Missing: influence | Show results with:influence
  82. [82]
    https://b.capital/news-article/b-capital-highlights-ai-driven-investment-momentum-and-global-thought-leadership-at-2025-annual-general-meeting-and-ceo-summit/
  83. [83]
    BCG-Backed Venture Investor B Capital Announces Senior ...
    Apr 8, 2024 · B Capital announced two senior appointments aimed at expanding its climate investment platform, including Boston Consulting Group (BCG) Global Chair and former ...
  84. [84]
    Antler & B Capital Partner To Support Founders
    Antler is thrilled to announce a collaboration with global investment firm B Capital Group, founded by Eduardo Saverin and Raj Ganguly.