What Happened to Eduardo Luiz Saverin?

Eduardo Luiz Saverin was born in São Paulo, Brazil, in 1982, and his family later moved to Miami, Florida, where he attended Gulliver Preparatory School. He went on to Harvard University, graduating magna cum laude with a Bachelor of Arts in economics in 2006. During his junior year at Harvard, Saverin co-founded 'TheFacebook' with Mark Zuckerberg in 2004, providing initial capital and serving as the company's chief financial officer and business manager.

The relationship between Saverin and Zuckerberg deteriorated as Facebook grew. Disputes arose over the company's direction, with Saverin focusing on monetization through advertising while Zuckerberg prioritized user growth. This culminated in 2005 when Saverin's shares were significantly diluted, reducing his ownership from approximately 30% to less than 10%. Saverin subsequently sued Facebook for fraud, breach of contract, and wrongful dilution, while Facebook countersued. The legal battle was settled out of court in 2009, with Saverin retaining recognition as a co-founder and a valuable, albeit smaller, stake in the company, reportedly around 2%.

In 2009, Saverin moved to Singapore, and in 2011, he controversially renounced his U.S. citizenship, a move widely speculated to be for tax purposes ahead of Facebook's 2012 IPO, potentially saving him hundreds of millions in capital gains taxes. He has since established himself as a prominent venture capitalist and angel investor in Asia. In 2015, he co-founded B Capital Group with Raj Ganguly, an investment firm focused on early to late-stage technology, healthcare, and climate-focused businesses globally.

B Capital Group has grown significantly, managing over $12 billion in assets across multiple funds as of March 2026. The firm maintains a strategic partnership with Boston Consulting Group, providing portfolio companies with access to global industry expertise. In July 2026, B Capital successfully raised $500 million for its early-stage venture capital fund, Ascent Fund III, amid strong investor confidence in AI startups. Saverin's personal net worth has fluctuated with Meta's stock performance and his other investments, estimated around $30.5 billion as of August 2026, making him one of the wealthiest individuals in Singapore and Brazil.

His investment activities extend beyond B Capital. In early 2020, he invested in Antler, an early-stage VC fund and startup accelerator. Most recently, in August 2026, Saverin, through his family office EE Capital, joined a consortium called 1892 Holdings, which acquired a significant 30% stake in the English Premier League club Liverpool F.C. The deal valued the club at approximately $7.1 billion. His wife, Elaine Saverin, will join the Liverpool board as part of this investment. Saverin and his wife also registered the Eduardo and Elaine Saverin Foundation in Singapore in 2023, focusing their philanthropic efforts on education, wildlife conservation, healthcare, and mental health.