eduardo saverin
[singapore, brazil]
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find/follow Eduardo:
– english
– portugese
Eduardo Luiz Saverin (Portuguese pronunciation: [eduˈaɾdu luˈis ˈsaveɾĩ]) is a Brazilian internet entrepreneur andinvestor. Saverin is one of five co-founders of Facebook, along with Mark Zuckerberg, Dustin Moskovitz, Chris Hughes, and Andrew McCollum. As of 2012, he owns less than 5% of Facebook’s shares and has a net worth of $2.2 billion, according to Forbes. He has also invested in early-stage startups such as Qwik and Jumio.
By 1993, Saverin’s father had become wealthy, and in 1993 it was discovered that his son Eduardo’s name had been placed on a list of potential kidnapping victims by gangs specializing in kidnapping for ransom. As a result, the family emigrated to the United States to find a safer place to live, and settled in Miami, Florida. Saverin attended Gulliver Preparatory School in Miami, and went on to Harvard University, where he was a member of the Phoenix S.K. Club as well as president of the Harvard Investment Association. While an undergraduate at Harvard, Saverin took advantage of Brazil’s lax insider trading regulations and made $300,000 via strategic investments in the oil industry. In 2006, Saverin graduated magna cum laude from Harvard University with a bachelor’s degree in economics. He is a member of the Alpha Epsilon Pi fraternity (Eta Psi chapter of Harvard University).
Saverin has lived in Singapore since 2009. In September 2011, he renounced his U.S. citizenship; the citizenship change may have reduced the capital gains taxes Saverin would have paid after the Facebook IPO. In response, Senator Chuck Schumer introduced the Ex-PATRIOT Act, which could have prevented Saverin from ever entering the U.S. again, but the bill died in committee.
During his junior year at Harvard University, Saverin met fellow Harvard undergraduate, sophomore Mark Zuckerberg. Noting the lack of a dedicated social networking website for Harvard students, the two worked together to launch The Facebook in 2004. As co-founder, Saverin held the role of chief financial officerand business manager.
A lawsuit filed by Facebook against Saverin and a countersuit filed by Saverin against Facebook were settled out of court. Though terms of the settlement were not disclosed, the company affirmed Saverin’s title as co-founder of Facebook. Saverin signed a non-disclosure contract after the settlement.
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On his current investments:
“I am investing like a crazy person, mostly in internet start-ups. And I want to invest in Brazil as well, because I am Brazilian and that’s in my heart. I’ve recently been cc’d on e-mails sent to Eike Batista [Brazil’s richest man]. But that’s not how I want to invest in Brazil, through minerals, unless it’s silicon or something tech-related. And I believe there’s a new Facebook out there to be found. Where? My guess is in healthcare.”
or perhaps a people experiment.. take care of all countries and all sectors..
“I have only good things to say about Mark, there are no hard feelings between us. His focus on the company since its very first day is anything short of admirable. He was a visionary, he always knew that the only way for Facebook to grow was to maintain its central idea, that of people truly presenting themselves as they are, without nicknames or pseudonyms. That’s Facebook’s biggest strength, what allowed us to transform it into an instrument of protest, like what happened in Egypt, but also in an instrument of business, not to mention a way of naturally connecting with friends.”
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Eduardo is on the board of directors of Jumio, that is just introducing facematch:
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Eduardo is participating in LinkedIn’s influencer program.
find out more about it (frictionless transactions) here:
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be you. 