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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.
Dec 21, 2023
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Oct 1, 2023 · Saverin signed an agreement leaving him with three million shares in the new company but without the shares from the old one. He also gave up ...
Saverin is one of the co-founders of Facebook. ... In 2012, he owned 53 million Facebook shares (approximately 2% of all outstanding shares), valued at ...
Feb 25, 2023 · Eduardo invested an initial capital of $15,000. Currently, Saverin owns a 2% (worth roughly $9 billion) stake in Facebook. However, Saverin hasn ...
Eduardo Saverin received a settlement of around 5% of Facebook's shares, which was estimated to be worth over $5 billion at the time. Currently, he reportedly ...
Nov 17, 2015 · ELI5: Why did Mark Zuckerberg think he would get away with diluting Eduardo Saverin's stake in Facebook down from 34% to .03% in The Social ...
Mar 19, 2019 · And to hear Saverin talk about it, he's at peace with his Facebook past (and remains one of the biggest individual shareholders, with a 2% stake ...
Feb 4, 2024 · Eduardo Saverin, the financial chief. Age: 41; Current occupation: Venture capitalist; Net worth: $22 billion. Saverin currently lives in ...
Directors have a fiduciary duty to look after shareholders – so in the end, Saverin was awarded 4-5% of Facebook under a settlement. Timing is everything