Eduardo Saverin: Date Of Birth, Age & Biography - The Facts
Could the genesis of a social media behemoth truly be traced back to a single, pivotal investment? Indeed, Eduardo Saverin's initial $15,000 stake in late 2003 was the spark that ignited the Facebook phenomenon, forever altering the landscape of global communication and solidifying his place in the annals of entrepreneurial history.
Born in So Paulo, Brazil, on March 19, 1982, Eduardo Luiz Saverin's life trajectory took root in a world of privilege. He came from a wealthy Jewish Brazilian family, and his upbringing was marked by early exposure to the realms of business and international travel, with the family later relocating to Rio de Janeiro. His father, Roberto Saverin, an industrialist with interests in clothing, shipping, and real estate, instilled in him an early understanding of the business world. Little could anyone predict that the young Eduardo, one of three children, would become a key player in the creation of a social media platform that would connect billions. His mother, Paula, was a psychologist in So Paulo, further enriching his diverse environment.
| Full Name: | Eduardo Luiz Saverin |
| Date of Birth: | March 19, 1982 |
| Place of Birth: | So Paulo, Brazil |
| Nationality: | Brazilian |
| Education: | Harvard University (B.A. in Economics, 2006) |
| Known For: | Co-founding Facebook (now Meta Platforms) and angel investing |
| Parents: | Roberto Saverin (Father), Paula Saverin (Mother) |
| Spouse: | Elaine Andriejanssen |
| Children: | Not publicly available |
| Current Residence: | Singapore |
| Career: | Internet entrepreneur, angel investor |
| Net Worth (approx. 2023): | $22 Billion (estimated) |
| Professional Information: | First investor in Facebook; Involved in investments, currently residing and investing in Singapore. |
| Reference: | Wikipedia |
The story of Eduardo Saverin and Facebook, or rather, thefacebook.com as it was initially known, began with a meeting of minds at Harvard University. There, Saverin, along with his classmate Mark Zuckerberg, recognized the potential of a social networking platform. Saverin's initial financial backing was crucial, providing the seed money that allowed the project to take flight. In February 2004, the website launched, forever changing how people connect with one another. From its early days, Facebooks operations were partly funded by Saverin and Zuckerberg, who had taken equity stakes in the company, and supplemented by early advertisements.
The Saverin family's move to Rio de Janeiro, while he was growing up, exposed him to different cultural and economic environments, adding layers to his formative years. Saverins father, Roberto, was an industrialist operating in multiple industries, including clothing, shipping, and real estate. This business-oriented background undeniably influenced Eduardo's approach to entrepreneurship and investments. By 1993, Roberto Saverin had already amassed considerable wealth, setting the stage for the family's later experiences and providing a context for Eduardos future success.
It is worth noting that Saverin also had an interest in meteorology and made a significant amount of money ($300,000) from investments in oil futures, indicating an early aptitude for financial markets beyond his role in the tech industry. He studied at Harvard University and earned a bachelor of arts in economics in 2006. According to reports, Saverin stands at a height of 5 feet.
The entrepreneurial journey, however, wasn't without its challenges. Sean Parkers involvement brought about a reincorporation and revisions to the corporate bylaws. This resulted in a redistribution of shares, altering the initial distribution of equity. Zuckerberg was entitled to 51%, Saverin 34.4%, Moskovitz 6.81%, and Parker 6.47%, with the remainder allocated to their law firm. This development illustrates the often-complex interplay of personalities and ownership structures in the startup world. Facebook was initially incorporated as a Florida LLC.
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In the early years, as the social media platform gained traction, Saverin remained a key figure. However, his involvement took a different turn as the company evolved. Saverin currently lives in Singapore with his wife, Elaine Andriejanssen, and continues to invest in various ventures, showcasing a continued presence in the financial and business landscape. In 2012, his Facebook shares were valued at approximately $2 billion, a testament to the remarkable growth and influence of the company he helped build.
Eduardo Saverin's contributions to the founding of Facebook and his subsequent entrepreneurial endeavors have made a lasting impact on the business world. Saverin exemplifies the spirit of innovation and vision that defines the tech industry. Saverin tells a different story today. The son of Brazilian parents who relocated to Miami, Saverin was born in So Paulo but grew up affluent in South Florida, attending boarding school there. Saverin's story is a case of extraordinary early vision.
Elaine Andriejanssen, born in the 1980s in Singapore, is a businesswoman and financial analyst. She is also known for being the wife of Eduardo Saverin. The couple's life in Singapore underscores Saverin's international outlook and his ability to navigate the global business environment.
As of September 2023, Saverin's estimated net worth was $22 billion, a clear indication of the immense success he achieved. His story is an interesting blend of foresight, financial acumen, and the ability to identify and seize opportunities.
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