Saverin renounce U.S. citizenship in about May 9/2011 before starting to issue shares to the public for the first time.
On 11/5, Bloomberg said, Eduardo Saverin, Facebook co-founder, declined to U.S. citizenship before the issuance of shares for initial public (IPO) of companies, a dynamic This move helped him evade the payment of profit tax.
Saverin, 30, was born in Brazil and moved to America in 1998.
Saverin, one of the few people who help Zuckerberg founded Facebook at Harvard University in 2004, did not work for this company for many years. He still holds about 2% stake.Facebook preparing the issuance of shares first estimated to be worth about $ 100 billion will bring Saverin 2 billion.
With this property, Saverin become 634 th richest person in the world ranked by Forbes magazine. Currently, Saverin living in Singapore.