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What happened between Mark Zuckerberg and Eduardo Saverin?
Who is Eduardo Saverin?
Did Saverin and Facebook settle out of court?
What is Eduardo Saverin's net worth?
Jan 7, 2022 · Saverin, one of the co-founders of Facebook, sued Zuckerberg in 2005 after being cut out of the company. He reportedly received $5 billion in shares as part of the settlement, which became his main source of wealth.
Mar 19, 2019 · Eduardo Saverin is most famous for two things: cofounding Facebook and leaving America for Singapore. What's gotten a lot less attention is his increasingly sprawling $360 million venture...
In 2009, both suits were settled out of court. Terms of the settlement were not disclosed and the company affirmed Saverin's title as co-founder of Facebook. Saverin signed a non-disclosure contract after the settlement. In 2010, Saverin co-founded Aporta, an online portal for charity.
May 15, 2012 · Saverin eventually sued Facebook over breach of fiduciary duty. Facebook and Saverin settled, and he walked away with 4% or 5% of the company. That stake is now worth close to $5 billion.
Dec 21, 2023 · 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...
3 days ago · The combined wealth of tycoons on the 2023 Forbes list of Singapore’s 50 Richest rose by 8% to US$177 billion. Eduardo Saverin is the new number one with $16 billion.
May 29, 2012 · Saverin filed a lawsuit against Facebook over his reduced stake in the company, and the legal dispute was settled out of court. But despite well-documented friction over the years, Saverin says...
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