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.

Remember Mark Zuckerberg’s former classmate and business partner Eduardo Saverin? The Facebook co-founder is no longer in the U.S. after famously renouncing his American citizenship. But he hasn ...

Facebook Inc co-founder Eduardo Saverin has renounced his U.S. citizenship, according to an Internal Revenue Service report, days before the company's initial public offering.

Facebook cofounder Eduardo Saverin donated 20 million Singapore dollars, or around $15.5 million, to SAS, the school announced on Friday. It's the biggest donation the school has ever received.

Facebook co-founder Eduardo Saverin is taking quite a bit of heat for renouncing his U.S. citizenship prior to the social network giant’s estimated $100 billion IPO this Friday. And after ...

Facebook cofounder Eduardo Saverin says the best companies come out of times of economic downturn. "Periods like these breed entrepreneurs that are grown up with capital constraints as part of ...

Eduardo Saverin gave $15 million to the Singapore American School to fund key projects. The school's tuition costs up to $47,000 a year.