MarketEduardo Saverin
Company Profile

Eduardo Saverin

Eduardo Luiz Saverin is a Brazilian entrepreneur, angel investor, and philanthropist, known for co-founding Facebook. Based in Singapore, he is the co-founder and co-CEO of the venture capital firm B Capital with Raj Ganguly.

Early life and education
Eduardo Luiz Saverin was born in São Paulo to a wealthy Jewish-Brazilian family, who later moved to Rio de Janeiro. His father, Roberto Saverin, His mother, Sandra, was a psychologist, she passed away in 2020. He has two siblings. His Romanian-born grandfather, Eugenio Saverin (born Eugen Saverin), is the founder of Tip Top, a chain of children's clothing shops. Saverin attended Gulliver Preparatory School in Miami. He then attended Harvard University, where he was a resident of Eliot House, a member of the Phoenix S.K. Club, and president of the Harvard Investment Association. While an undergraduate at Harvard, Saverin used his interest in meteorology to predict hurricane patterns and made $300,000 from investments in oil futures. In 2006, Saverin graduated magna cum laude from Harvard University with a Bachelor of Arts in economics. He is a member of the Alpha Epsilon Pi fraternity (Eta Psi chapter of Harvard University). == Career ==
Career
During his junior year at Harvard, Saverin met fellow Harvard undergraduate, sophomore Mark Zuckerberg. Noting the lack of a dedicated social networking website for Harvard students, the two worked together to launch Facebook in 2004. They each agreed to invest $1,000 in the site. Later, Zuckerberg and Saverin each agreed to invest another $18,000 in the operation. As co-founder, Saverin held the role of chief financial officer and business manager. The emails indicated Zuckerberg’s frustration with Saverin’s lack of cooperation, while his attorney warned that the actions could prompt a lawsuit for breach of fiduciary duty. Facebook later sued Saverin over a 2005 stock-purchase agreement, Saverin countersued alleging misuse of company funds, and the parties settled out of court in 2009, with Saverin retaining recognition as a Facebook co-founder and signing a non-disclosure agreement. In addition to forming B Capital, in early 2020, Saverin invested in Antler, an early-stage VC fund and startup accelerator founded by his friend and Harvard classmate, Magnus Grimeland. In media Saverin is played by Andrew Garfield in the film The Social Network, which is based on Ben Mezrich's The Accidental Billionaires. ==Personal life==
Personal life
Saverin immigrated to Singapore in 2009. Saverin and Elaine Andriejanssen, an Indonesian national of Chinese descent and with partial Dutch ancestry, became engaged on March 27, 2014, were married on June 25, 2015. They met while attending university in Massachusetts, where Saverin studied at Harvard University and Andriejanssen at Tufts University. Eduardo and Elaine registered the charity Eduardo and Elaine Saverin Foundation in Singapore in 2023, their donations focus on the areas of Education, Wild Life Conservation, Healthcare and Mental Health. According to the Strait Times, the organization is one of the 10th largest private donors in the country. == References ==
tickerdossier.comtickerdossier.substack.com