In order to avoid paying taxes on his multi-billion dollar IPO windfall, Eduardo Saverin, co-founder of Facebook, is renouncing his United States citizenship.

While Mark Zuckerberg rang the opening bell, Facebook cofounder Eduardo Saverin celebrated the historic occasion with a nostalgic post.

The Meta Platforms, Inc. CEO Mark Zuckerberg once reflected on one of the most pivotal — and costly — missteps in Facebook's ...

Saverin could save $67 million in tax costs after the Facebook IPO deal by dissociating himself from the United States, and the bill's sponsors say they want to ensure that money ends up in the U ...

Billionaire Facebook co-founder Eduardo Saverin has found a new place to focus his entrepreneurial energies: airport car rentals. Audis, specifically. Saverin led a $14 million Series B round for ...

B Capital Group, the VC fund founded by Facebook co-founder Eduardo Saverin, has closed out its first fund at $360 million.

Eduardo Saverin -- yes, that Eduardo Saverin of Facebook fame -- is already a prominent investor in Asia's tech scene, but his profile and spending is about to increase significantly after a new ...

Mark Zuckerberg can skip sending an invite to Eduardo Saverin for any IPO parties. By relinquishing his American citizenship, the Facebook co-founder likely won’t be allowed back into the Uni… ...

Either way, Eduardo Saverin —the press-shy founder of Facebook who was famously ousted from the company in its early days, thus giving The Social Network a plot and Saverin a decent-sized cash ...

Facebook co-founder Eduardo Saverin is well-known for investing in tech startups. Since the Brazilian-born billionaire moved to Singapore in 2009, he’s put money into everything from mobile ...

Facebook’s foreign co-founder, Eduardo Saverin, finally addressed publicly the rift between himself and Facebook Chief Executive Mark Zuckerberg, saying there were “no hard feelings” between ...

Saverin’s kit included Facebook’s mission statement -- “to expand to include most of the schools in the United States” and noted that by September 2004, it hoped to have more than 200 ...