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Who Did Mark Zuckerberg Screw Over? How Much Money Did Eduardo Saverin Get From Facebook After Lawsu

Eduardo Saverin is a 39 years old billionaire mostly known for owning Facebook Shares. Did Mark Zuckerberg really screw over Eduardo Saverin? Net worth and Lawsuit Settlement explained. 

Eduardo Saverin was born on the 19th of March, 1982 in Sao Paulo, Brazil. He is the angel investor for startup companies and resides in Singapore. The investor is also known for being one of the co-founders of Facebook. 

He was the possessor of 53 million Facebook shares as per the record of 2012 which now happens to have reached $2 billion. He was popular on the media after suing Mark Zuckerberg for diluting his shares in the company.

Kwiki and Jumio investor was born to a wealthy family where his father Roberto Saverin was a businessman and his mother Sandra Saverin worked as a Psychologist.

   

Who Did Mark Zuckerberg Screw Over?

Mark Zuckerberg screwed over his only friend before Facebook's success, Eduardo Luiz Saverin. The Brazillian citizen who rejected American permanent residency is one of the founders of Facebook who was cheated by his partner Mark in the business.

Mark was accused of using the companies profit for his own personal expenses by decreasing Eduardo's share percentage. The chief financial officer of the beginning years was cut off by the CEO as per the information.  

Billionaire Facebook co-founder Eduardo Saverin says he has "tremendous faith" in Mark Zuckerberg after rough year https://t.co/cBIE7Zx14B #STYT pic.twitter.com/b1UpFwpBwe

— Bloomberg (@business) September 6, 2018  

How Much Money Did Eduardo Saverin Get From Facebook?

Eduardo Saverin received $5 billion worth from Facebook to get the topic into the settlement. The money was paid by Mark Zuckerberg who cheated the shareholder of the company in the first place.

The worth of $5 billion is just 4 or 5 percentage shares. The two students from Harvard began to work on their idea of Facebook in 2004 with an investment of $1000 followed by another $18,000 later on.

Well, it was not compensation but the value of his share that he owed for being the contributor to the company.

In 2003, Eduardo Saverin gave Zuckerberg $15k for a 30% stake in a startup.

That startup is now called Meta. While Saverin was diluted, he is still worth $18B (that 12,000x return is the best investment ever).

LESSON: If your college buddies want to bum money, give it to them. pic.twitter.com/0Kk2tnzysu

— Trung Phan 🇨🇦 (@TrungTPhan) October 28, 2021  

Eduardo Saverin Lawsuit Settlement explained 

Edwardo Saverin had been filed a lawsuit by Facebook (now Meta) on the invalidity of the stock purchase agreement of 2005. He was given the share of 4 percent or 5 percent of the company as per the court's order in 2009. 

The aggressively growing company, Meta Platform's single percent share is worth more than $1 billion in 2022. 

Eduardo Saverin Net Worth Today 2022

Edwardo Saverin has a net worth of around 18.7 billion as of 2022. He is a venture capitalist who has fame in the investment world. Similarly, he left America in order to avoid taxes that could affect his finance.

Well, the economics student from Harvard was born with a silver spoon. 

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Zora Stowers

Update: 2024-05-20