Eduardo Saverin Net Worth
Net Worth: | $12.5 Billion |
Salary: | $2.4 Billion Per Year |
Real Name: | Eduardo Luiz Saverin |
Date of Birth: | 19th March 1982 |
Age: | 42 years old |
Gender: | Male |
Height: | 5 ft 8 in (1.75 m) |
Profession: | Entrepreneur, Venture Capitalist, Angel Investor |
Nationality: | Brazilian |
Updated: | 29th June 2023 |
Every time you use the social media service Facebook, you partly have Eduardo Saverin to thank. With his Harvard classmate Mark Zuckerberg, Dustin Moskovitz, and Chris Hughes, Saverin co-founded Facebook in 2004. Because of disagreements, Saverin split from Zuckerberg, although he still owns shares in the company. Severin is a venture capitalist and angel investor who owns shares in various companies. His car of choice is a Bentley which has an exclusive penthouse in the tallest building in Singapore. From relatively affluent beginnings in Brazil to being the wealthiest person in Singapore, what is Eduardo Saverin’s net worth?
What is Eduardo Saverin’ net worth?
The most recent figures give Eduardo Saverin’s net worth of $12.5 billion. He is the wealthiest person in Singapore, and his wealth continues to grow, as all his investments do.
This comes as a result of entrepreneurship, forward-thinking and savvy investment. Eduardo Saverin’s move into investments began when he was at Harvard University when he earned $300,000 from investing in the oil industry. He is one of the co-founders of the social media platform Facebook, which Meta Platforms now own. Saverin is one of the company’s co-founders, which is worth over $4 billion. He has other investments that deliver high returns.
Who is Eduardo Saverin?
Eduardo Saverin is a Brazilian-born businessman and investor now living in Singapore. He is best known as being one of the co-founders of Facebook and Meta Platforms. Saverin disagreed with Mark Zuckerberg over Facebook, which was settled out of court. He now owns 25% of Meta. Saverin continues to invest in companies, mainly that are involved with technology.
Early life
Eduardo Saverin was born in Sao Paulo, Brazil, to Roberto and Paula Saverin. He came from a wealthy family. His father was a highly successful businessman interested in the clothing industry, shipping, and real estate. He made a lot of money, so Eduardo had a privileged upbringing. His mother, Paula, is a psychologist. Saverin has two sisters: Alexandre and Michele Saverin.
The Saverin family moved to Miami, Florida, when Eduardo was 11, which is where he spent most of his schooling. He attended Harvard university, studying for a degree in economics. He began his career in investment early on, when he made $300,00 by investing in the oil industry. He was also part of the Harvard Investment Association.
While he was studying at Harvard, Eduardo Saverin met Elaine Andriejanssen, who was studying at Tufts University. They were married in 2015. Elaine works in the finance industry in Singapore.
Financial success
The true beginning of Saverin’s financial success and when the Saverin net worth began to grow came when he and some fellow Harvard students launched Facebook, the social media platform. Mark Zuckerberg is credited with being the prime mover in the company, but Saverin is listed as a co-founder. The two are co-founders of Meta Platforms inc., the company that owns Facebook, Messenger, WhatsApp, and Instagram. The company is worth about $4,69 billion and brings in something like $117 billion annually.
In 2009, Eduardo Saverin moved to Singapore, where he began to invest in companies in the Asian market. In 2011, he caused a stir when he gave up his US citizenship to aid in paying taxes. Despite this move, Eduardo continues to invest in American companies. He still shows an affinity for technology, investing in startup companies like Crowdmob, ShopSavvy, Jumio, and Qwiki.
The greatest return Saverin has received on investment is Facebook. This built the Saverin net worth and helped him achieve his status as a billionaire.
Facts about Eduardo Saverin
Saverin was the first CFO of Facebook.
As Facebook grew, Eduardo Saverin and Mark Zuckerberg began to have conflicts. Saverin’s shares in Facebook were reduced and he sued Facebook. The case was settled out of court.
As part of the settlement, Mark Zuckerberg gave Eduardo Saverin shares worth $3 billion. He now owns 2% of the company Meta Platform, which owns Facebook.
Despite having made his fortune in the sphere of social media, Saverin keeps a low profile on social media.
Eduardo Saverin considers entrepreneurship to be a way of life.
Saverin co-founded Aporta with Aldo Alvarez. It is an online portal for a charity that manages virtual donations for thousands of NGOs in Mexico.
Saverin has entrepreneurship in his blood. His grandfather, Eugenio Saverin, founded his own clothing company, Tip Top. His father, Roberto Saverin, was also a successful businessman.
Saverin graduated magna cum laude from Harvard University.
What is Eduardo Saverin up to now?
Eduardo Saverin is a venture capitalist investing in companies that have the potential to grow. He takes a percentage of the company in return.
The venture fund he launched in 2016 with friend Raj Ganguly (an investor with BCG and Bain Capital) has assets of about $6,5 billion.
What’s to come for Eduardo Saverin?
With his venture capital firm, Eduardo Saverin will continue to look for early-stage startups in the technology industry and invest in them. He says he wants to begin investing more in Brazil, his country of birth. With existing and future investments, the Saverin net worth will surely climb.
Eduardo Saverin FAQ
What is Eduardo Saverin’s net worth?
Eduardo Saverin’s net worth is $12.5 billion.
What salary does Eduardo Saverin earn?
Eduardo Saverin earns $200 million per month.
What is Eduardo Saverin’s full name?
Eduardo Saverin’s full name is Eduardo Luiz Saverin.
When was Eduardo Saverin born?
Eduardo Saverin was born on March 19, 1982.
How old is Eduardo Saverin?
Eduardo Saverin is 40 years old.
How tall is Eduardo Saverin?
Eduardo Saverin is 5’8’’ (1.77 m) tall.
What nationality is Eduardo Saverin?
Eduardo Saverin is Brazilian by birth and is now a citizen of Singapore.
What is Eduardo Saverin’s profession?
Eduardo Saverin is a Brazilian entrepreneur, venture capitalist, and angel investor.
Eduardo Saverin FAQs
What is Eduardo Saverin Net Worth?
Eduardo Saverin net worth is currently $12.5 billion USD.
How much money does Eduardo Saverin earn?
Eduardo Saverin earns $2.4 billion per year from various sources.
How tall is Eduardo Saverin?
Eduardo Saverin is 5 ft 8 in (1.75 m)
How old is Eduardo Saverin?
Eduardo Saverin is currently 42 years old.
When is Eduardo Saverin birthday?
Eduardo Saverin birthday is on 19th March.