Who is Eduardo Luiz Saverin?
Q: Who is Eduardo Luiz Saverin?
A: Eduardo Luiz Saverin is a Brazilian Internet entrepreneur and "angel" investor. He is one of the co-founders of Facebook and has a net worth of $10.3 billion, according to Forbes.
Q: How much does he own in Facebook shares?
A: As of 2015, he owns 53 million Facebook shares (approximately 0.4% of all outstanding shares).
Q: What companies has he invested in?
A: He has invested in early-stage startups such as Qwiki and Jumio.
Q: When did he renounce his U.S. citizenship?
A: He renounced his U.S citizenship in September 2011.
Q: Why did he renounce his U.S citizenship?
A: According to Saverin, he renounced his citizenship because of his "interest in working and living in Singapore" where he has been since 2009.
Q: How much money did Saverin avoid paying by giving up his U.S citizenship?
A: By giving up his U.S citizenship, Saverin avoided an estimated $700 million in capital gains taxes; this generated some media attention and controversy.
Q: Does Saverin deny that leaving the US was done to avoid paying taxes ?
A: Yes, Saverin denies that he left the U.S to avoid paying taxes
