Eduardo Luiz Saverin, a millionaire entrepreneur and angel investor living in Singapore, was born on March 19th, 1982, in Brazil. Facebook co-founder Saverin is one of the company’s founders. He had 53 million Facebook shares (about 2% of all outstanding shares) in 2012, valued at almost $2 billion. He also put money into firms like Qwiki and Jumio when they were still in the early stages of development.
Eduardo Luiz Saverin was born into a rich Jewish-Brazilian family in the city of So Paulo, and his family later relocated to Rio de Janeiro. Roberto Saverin, Saverin’s father, was a successful businessman in the clothes, shipping, energy, and real estate industries. Sandra, his mother, worked as a psychologist. He has two younger siblings. Eugenio Saverin, his Romanian grandfather, is the creator of Tip Top, a series of children’s apparel stores. The family immigrated to the United States in 1993 and settled in Miami.
Saverin attended Miami’s Gulliver Preparatory School. He subsequently went to Harvard University, where he lived in Eliot House and was a member of the Phoenix S.K. Club, and served as the president of the Harvard Investment Association.
Saverin met Mark Zuckerberg, a Harvard sophomore, during his junior year. In 2004, the two collaborated to create Facebook, a specific social networking website for Harvard students.
Birth of Facebook
They agreed to put $1,000 each into the project. Later, Zuckerberg and Saverin decided to contribute an additional $18,000 to the venture. Saverin served as chief financial officer and business manager for the company as a co-founder. Business Insider obtained and published an exclusive email from Facebook CEO Mark Zuckerberg on May 15, 2012, revealing how he fired Saverin and diminished his share in the company.
Saverin was a co-founder of Aporta, a charity-focused web platform, in 2010. Saverin founded B Finance, a venture capital business in Southeast Asia and India, in 2015. Saverin’s fund closed approximately $140 million in first deals in Asia in 2016, including Ninja Van, a Singaporean logistics firm.
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