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Why did Eduardo Saverin leave Facebook?
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Jan 7, 2022 · What was his total settlement after his lawsuit against Facebook? It all starts at Harvard. In 2003 Zuckerberg and Saverin were both students at Harvard and created Facebook together....
Saverin then filed a suit against Zuckerberg, alleging Zuckerberg spent Facebook's money (Saverin's money) on personal expenses over the summer. 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.
May 15, 2012 · In late 2003, Harvard sophomore Mark Zuckerberg asked a Harvard student named Eduardo Saverin, a junior, to deposit $15,000 in a bank account that would be accessible to both of them. The...
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 · Where is Facebook co-founder Eduardo Saverin now? The Brazilian billionaire still owns a stake in Meta and is Singapore’s richest man, having grown his wealth to US$19.6 billion … but how?
Eduardo Saverin is an angel investor, meaning he's known to supply large amounts of money to get people's projects off the ground. Of course, he makes some money when things go well then, too. "As ...
May 17, 2012 · He co-founded Facebook at age 21, then left two years later with a legal settlement that cut him off from Facebook but left him phenomenally wealthy. His stake will most likely be worth more than...