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Jan 7, 2022 · Saverin, one of the co-founders of Facebook, was cut out of the company by Zuckerberg in 2004 and sued him for $5 billion. He reportedly received $5 billion in shares as part of the settlement, which became his main source of wealth.
Mar 19, 2019 · Eduardo Saverin is most famous for two things: cofounding Facebook and leaving America for Singapore.
May 15, 2012 · This is the story of how Saverin got so angry at Zuckerberg—how, from Saverin's perspective, Zuckerberg screwed him out of a huge chunk of Facebook stock.
In 2012, he owned 53 million Facebook shares (approximately 2% of all outstanding shares), valued at approximately $2 billion at the time. [8] [9] He also invested in early-stage startups such as Qwiki [10] and Jumio . [11]
The value of Saverin's investments includes more than $500 million of proceeds from the sale of Facebook shares, according to company filings and an analysis of Bloomberg data as of March...
He then offer Saverin 3 million shares in return for him to give up claim on all facebook rights, in lay turns becomes a passive investor. Then zuckerberg printed 9 million more shares and gave to everyone but him.
3 days ago · Eduardo Saverin cofounded Meta Platforms, formerly Facebook, with Harvard classmate Mark Zuckerberg in 2004. Now a venture capitalist, he still derives most of his wealth from his small but...
