Eduardo Luiz Saverin is a Brazilian-American entrepreneur and angel investor.
He is one of the co-founders of Facebook.
Eduardo Luiz Saverin was born in the city of São Paulo to a wealthy Jewish Brazilian family, and his family later moved to Rio de Janeiro.
In 1993, the family migrated to the U.S., settling in Miami
Saverin attended Gulliver Preparatory School in Miami. He then attended Harvard University, where he was a resident of Eliot House, a member of the Phoenix S.K. Club, and president of the Harvard Investment Association.
In 2006, he graduated magna cum laude from Harvard University with a Bachelor of Arts in economics.
During his junior year at Harvard, Saverin met fellow Harvard undergraduate, sophomore Mark Zuckerberg.
Noting the lack of a dedicated social networking website for Harvard students, the two worked together to launch The Facebook in 2004.
They each agreed to invest $1,000 in the site. Later, Zuckerberg and Saverin each agreed to invest another $18,000 in the operation, making the two the co-founders of Facebook.
However, in May 15, 2012, Mark Zuckerberg cut Saverin from Facebook and diluted his stake. The situation compelled Saverin to sue Zuckerberg but the issue was settled outside court and the company reaffirmed Saverin’s title as co-founder of Facebook.
Saverin co-founded Aporta, an online portal for charity.
In 2015, Saverin established his venture capital firm, B Capital, investing in Southeast Asia and India. In 2016, Saverin’s fund closed initial deals of over $140 million in Asia, including $30 million in regional logistics startup Ninja Van.
Eduardo Saverin’s net worth is $16.2billion.