Eduardo Saverin: Co-founder of Facebook and Billionaire Investor

Eduardo Saverin is a Brazilian entrepreneur and billionaire who co-founded the social networking site, Facebook. Born in São Paulo, Brazil, in 1982, Saverin’s family moved to the United States when he was 13 years old. He attended Harvard University, where he met Facebook co-founder Mark Zuckerberg.

Saverin played a key role in the early days of Facebook, providing seed money and serving as the company’s first chief financial officer. However, he was later involved in a legal dispute with Zuckerberg over his ownership stake in the company, and the two eventually settled out of court.

Despite his contentious exit from Facebook, Saverin has remained a prominent figure in the tech industry, investing in a number of successful startups and serving as an advisor and mentor to other entrepreneurs. He is also known for his philanthropy, particularly in the areas of education and healthcare.

As of 2021, Eduardo Saverin’s net worth is estimated to be $15.5 billion, making him one of the wealthiest people in the world. He currently resides in Singapore with his wife and daughter.

Some of Saverin’s notable investments include Jumio, a digital identity verification company, and Qwiki, a multimedia search engine. He has also served as an advisor to several startups, including ShopSavvy and 99.co.

In addition to his entrepreneurial and investment activities, Saverin is also a committed philanthropist. He has donated millions of dollars to various causes, including education and healthcare initiatives in Brazil, and is a founding member of the Board of Advisors for the Brazilian Association of Private Equity and Venture Capital.

Overall, Eduardo Saverin’s entrepreneurial spirit, investment acumen, and philanthropic efforts have made him a respected and influential figure in the tech industry and beyond.

Here is a timeline of Eduardo Saverin’s life and career:

1982: Eduardo Saverin is born in São Paulo, Brazil.

1993: Saverin’s family moves to the United States.

2002: Saverin enrolls at Harvard University and meets future Facebook co-founder Mark Zuckerberg.

2004: Saverin provides seed money and serves as Facebook’s first chief financial officer.

2005: Saverin is involved in a legal dispute with Zuckerberg over his ownership stake in the company.

2009: Saverin renounces his U.S. citizenship and moves to Singapore.

2011: Saverin invests in Jumio, a digital identity verification company.

2012: Saverin invests in Qwiki, a multimedia search engine.

2013: Saverin becomes a founding member of the Board of Advisors for the Brazilian Association of Private Equity and Venture Capital.

2014: Saverin becomes an advisor to ShopSavvy, a mobile shopping app.

2016: Saverin invests in 99.co, a Singaporean property portal.

2017: Saverin and his wife, Elaine, donate $40 million to Singapore’s National Neuroscience Institute.

2018: Saverin invests in ELSA, an AI-powered language learning app.

2021: Saverin’s net worth is estimated to be $15.5 billion.

2022: Saverin continues to invest in and advise startups while focusing on philanthropic efforts.

5 interesting facts about Eduardo Saverin:

1. Saverin provided the initial funding for Facebook, contributing $1,000 in seed money to the company.
2. He was portrayed by actor Andrew Garfield in the 2010 film, “The Social Network,” which depicts the founding of Facebook.
3. Saverin was involved in a legal dispute with Facebook co-founder Mark Zuckerberg over his ownership stake in the company, which was later settled out of court.
4. In 2011, Saverin renounced his U.S. citizenship and became a citizen of Singapore.
5. Saverin is a philanthropist who has donated millions of dollars to various causes, including education and healthcare initiatives in Brazil.

5 quotes from Eduardo Saverin:

1. “As an entrepreneur, I always find that the hardest thing to do is to recognize when to change direction, and to do it without hesitation.”
2. “The path of an entrepreneur is not easy, but it is certainly rewarding.”
3. “I’ve always been very bullish on the potential of the internet to connect people and make their lives better.”
4. “For me, entrepreneurship is about having the courage to take risks, the vision to see opportunities, and the passion to turn ideas into reality.”
5. “The more I learn about the world, the more I realize that education is the key to solving many of its problems.”