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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 · And to hear Saverin talk about it, he’s at peace with his Facebook past (and remains one of the biggest individual shareholders, with a 2% stake in the $475 billion company).
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. He also invested in early-stage startups such as Qwiki and Jumio.
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...
3 days ago · Facebook cofounder Eduardo Saverin’s B Capital Group has appointed Goldman Sachs veteran Sheila Patel as vice chairman as the venture capital firm pursues global expansion, particularly in China.
Dec 21, 2023 · Where is Facebook co-founder Eduardo Saverin now? The Brazilian billionaire still owns a stake in Meta and is Singapore’s richest man, having grown his wealth to US$19.6 billion … but how?
