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Facebook Co-Creator Eduardo Saverin Renounces US Citizenship Before IPO

Why did Facebook co-founder Eduardo Saverin renounce his U.S. citizenship? The answer to this question was the subject of much speculation on Friday, when news broke that the Brazilian-born tech investor renounced his U.S. citizenship back in September. It was only on April 30, when the IRS published a list......
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See more about: Eduardo Saverin

Facebook co-founder Saverin: Renouncing US citizenship “nothing to do with taxes”

Technology : The Next Web Blog (2 years ago)

Facebook co-founder Eduardo Saverin is often reluctant to grant media interviews, but the Singapore-based billionaire has come out to flatly deny speculation that the renouncement of his US citizenship was... Read Post

Just like Eduardo, nearly 1,800 people renounced U.S. citizenship this year, many over taxes

Business & Finance : Venture Beat (2 years ago)

Around 1,800 U.S. citizens living abroad formally renounced their citizenship in 2011 — just like Facebook co-founder Eduardo Saverin — and many did so for tax purposes. Saverin told Bloomberg today that his decision was one of conv... Read Post

Eduardo Saverin renounces U.S. citizenship ahead of Facebook IPO

Business & Finance : Venture Beat (2 years ago)

In a blow to Uncle Sam, Facebook co-founder Eduardo Saverin has renounced his U.S. citizenship ahead of the company’s hotly-anticipated initial public offering. Facebook is expected to make its public debut on May 18. The company pr... Read Post


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