Eduardo Saverin Makes Bank & Drops His U.S. Citizenship
Remember the little guy in the “Social Network” movie that was suing Mr. Zuckerberg for kicking him out of the company that they built together?
Well that same little guy, Mr. Eduardo Saverin, was given 4 percent stake in the company which is soon to raise as much as $11.8 billion through their IPO, which is the biggest in history thus far for an internet company, making the companies value around $96 billion.
Due to the jump in value, Saverin renounced his U.S. citizenship, in what I may say is the smartest move, giving him the ability to drastically reduce his tax bill, especially since he will be banking roughly around $3.84 billion dollars.
So hey Eduardo holler at your girl!
We Said This: Not everyone can be an internet entrepreneur, but those who do it legitimately make bank!