Eduardo Saverin

Eduardo Luiz Saverin, born 19 March 1982, is a Brazilian entrepreneur and angel investor. He is one of the co-founders of Facebook. In 2012, he owned 53 million Facebook shares (approximately 2% of all outstanding shares), valued at approximately $2 billion at the time. He also invested in early-stage startups such as Qwiki and Jumio. Saverin renounced his U.S. citizenship in September 2011, thereby avoiding an estimated $700 million in capital gains taxes. This generated media attention and controversy. Saverin stated that he renounced his citizenship because of his "interest in working and living in Singapore" where he has been since 2009, and denied that he left the U.S. to avoid paying taxes.