He managed to become one of the biggest millionaires in the technology sector by being the first investor and one of the co-founders of Facebook.
Eduardo Saverin managed to be one of the first millionaires on social networks by betting on Facebook at the beginning of the platform. He is considered Mark Zuckerberg’s first partner and investor. for contributing the majority of his life savings as an initial investment, so much so that on his LinkedIn he proclaims himself as a co-founder.
The investor was present in the development of Facebook as a consultant. He managed to advise from the stage that was proposed as a social network for Harvard students to the point where it went viral and became a tool to connect millions of people around the world.
What was the relationship between Eduardo Saverín and Mark Zuckerberg like?
Eduardo Sarvin graduated with honors in Economics from Harvard University although he is originally from Sao Paulo, Brazil, but moved to the United States to study. During his academic career, met Mark Zuckenberg. But their relationship was in constant tension.
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Forbes
Although their differences had not become greater, Their relationship became more strained with the constant growth of Facebook. Saverín found himself further removed from the project after the decrease in his shareholdings, which led to legal conflicts and fights over the direction of their social network.
The legal conflict ended in 2009 through an agreement outside the courts. Saverin accepted compensation, the amount of which was not disclosed, and was recognized as the co-founder of Facebook. At the same time, it was also agreed that he will retain a shareholding in the company. After the development of both careers, both personalities focus on their successes and pay respect to each other.
What is Eduardo Saverín’s net worth in 2024, according to Forbes
At the moment serves as co-founder and Co-CEO at B Capital Group. It is a venture capital firm that works with entrepreneurs, where Eduardo makes investments in technology companies that he considers innovative to change the world.
Forbes indicated that Eduardo Saverín’s fortune was around 10 billion dollars by the end of the last decade. In addition, it was indicated that his company has had an international focus since its beginnings in 2015, with offices in California, New York and Singapore.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
