In order to understand Eduardo Saverin’s net worth, first we need to understand the history of Facebook and where he fits in all of it. Alongside Mark Zuckerberg, Eduardo Saverin has been one of the founders of Facebook. In 2004, he co-founded the platform that is known as Meta today alongside his Harvard classmate. Today, he is a venture capitalist who still has most of his wealth from his relatively small but highly valuable stake in Meta. Back in 2016, he launched venture fund B Capital that has $6.5 billion in assets under management. As a Brazilian native, Saverin has lived in Singapore and lived there as a citizen of that country since he renounced his American citizenship in 2012.
How much of Facebook did Eduardo Saverin originally own?
When he stopped being part of the Facebook operation, Eduardo Saverin famously got into a legal dispute with Mark Zuckerberg. By the time the dispute ended, he had 53 million shares of the company that were valued at $2 billion at the time. That is a total of 2% of Meta’s overall shares that today are worth about $13 billion. Alongside his current vneture capital holding company and his Facebook shares, Savering has become the 93rd wealthiest person in the world. Currently, Eduardo Saverin is worth an estimate $19 billion, according to Forbes.
The was Facebook was created started between Zuckerberg and Savering investing equal parts in the startup. First, each of them agreed to invest $1,000 on the site. At a later time, they each agreed to invest a total of $18,000 in the operation. But Zuckerberg decided to cut Saverin out of the company and got into that legal dispute. Savering did not get the equal parts he wanted from the company but that still made him all the money he has today. After they settled the dispute, Saverin agreed to sign a non-disclosure contract that didn’t allow him to disclose any more information of how Facebook was founded.