Eduardo Saverin Net Worth

Introduction:

Eduardo Saverin Net Worth, How did the entrepreneur accumulate such wealth? Check this article to find out more about Eduardo Saverin Net Worth and his career.

Eduardo Saverin Early Life

He is the co-founder of the popular social media platform Facebook. Eduardo Saverin’s father is Roberto Saverin who was a businessman dealing in real estate, shipping and clothes while his mother Sandra worked as a psychologist.

Eduardo moved to Miami, the United States with his parents and two siblings at the age of 11. He started his education in the United States at Gulliver Preparatory School before he attended a high school in Miami. Upon completion of high school, he gained admission to study at Harvard University.

He finally graduated in 2006 with distinction obtaining a Bachelor of Science degree in economics. Eduardo Saverin started dating Elaine Andriejanssen, a wealthy Chinese Indonesian. In 2015, they got married in French Riviera which is by the Mediterranian sea. They are yet to have a child.

Eduardo Saverin Career

Eduardo Luiz Saverin was born on the 19th of March 1982 in Sao Paulo, Brazil. He owns shares in Facebook worth billions of dollars. He was also an American citizen up until 2011 when he voluntarily renounced it thereby avoided a $700 million worth of taxes.

However, this action of his generated mixed responses but Saverin stated that his reason for such an action was to reside and do business in his Singapore. Apart from having shares on Facebook, Saverin also has investments in the video production company Qwiki and online financial services firm Jumio.

During Saverin’s time at Harvard, he showed signs of a potential entrepreneur as he engaged in some online business in the oil industry that earned him $300,000. However, he met a fellow student Mark Zuckerberg during his early years in Harvard and they both decided to work on a social networking site for students of their university. The site soon turned into Facebook in 2004.

Both invested a thousand dollars during its start-up before upping their investment to $18,000. He was the CFO and manager of the firm before his shares were diluted by Zuckerberg that led to court cases between both parties.

The case was later settled out of court in 2009 with him retaining his title of Facebook’s co-founder. During the court cases against Zuckerberg, Saverin met American author Ben Mezrich to write a book on the history of Facebook which was titled The Accidental Billionaires: A Story of Sex, Money, Genius and Betrayal.

In addition, the book was the foundation on which the popular movie The Social Network (2010) was based on. As an entrepreneur, Saverin has other investments which include Aporta, logistics firm Ninja Van and other smaller firms in Asia.

Eduardo Saverin Net Worth

Eduardo Saverin Net Worth as of today is $12 Billion. Eduardo Saverin Net Worth is acquired from his various shares, stakes and investments.

Eduardo owns 6.1 Million Class A shares of Facebook and 47.2 million Class B shares all worth over $8 billion. He also has other investments which include Qwiki, Ninja Van and Jumio.

In 2013, Eduardo bought a property in Singapore worth $167 million. The property consists of a swimming pool, tennis court, two-story building, and over five bungalows.

Summary:

Eduardo Luiz Saverin is the co-founder of the popular social media platform Facebook. He owns shares in Facebook worth billions of dollars. He also has investments in the video production company Qwiki and online financial services firm Jumio.

As of 2020, Eduardo Saverin’s net worth is $12 Billion.