- Eduardo Saverin invested US$15,000 in Facebook, then was infamously booted from the venture by Mark Zuckerberg, which was depicted in The Social Network starring Jesse Eisenberg and Andrew Garfield
- The Brazil-born billionaire has co-founded a number of successful business ventures, including Aporta and B Capital, and invested in several luxury properties
Brazilian billionaire Eduardo Saverin made his immense fortune as one of the young university founders of Facebook alongside Mark Zuckerberg. The Harvard University student famously turned his US$15,000 investment in 2004 into a net worth of around US$19.6 billion at the time of writing, per Forbes.
Saverin’s fallout with Zuckerberg and his later departure from the company inspired a storyline in The Social Network, a film depicting a partially fictionalised version of the early years of Facebook, in which Andrew Garfield plays Saverin.
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But these days, Singapore-based Saverin looks back at his journey with pride and gratitude.
“As a 21-year-old college student, I made the first seed investment into Facebook with the majority of my life savings. I am thankful and humbled to have played a part in Facebook’s remarkable transition from a then one-college-specific social network to the most ubiquitous social utility in the world today,” he wrote on his LinkedIn.
After suing Facebook and reaching a settlement with terms that have never been disclosed, Saverin reportedly owns a two per cent stake in the company. Of course, as the company now known as Meta Platforms increases in value, so does Saverin’s bank account.
Here’s what the Facebook co-founder is up to these days.
Eduardo Saverin is Singapore’s richest man
