Overview
Eduardo Saverin is a distinguished Brazilian billionaire entrepreneur and angel investor, currently based in Singapore. He is widely recognized as a Co-Founder and Co-CEO of B Capital and the Co-Founder of Facebook.
Current Role and Company
B Capital
- Position: Co-Founder and Co-CEO
- Locations: Global presence with offices in Los Angeles, New York, San Francisco, Singapore, Beijing, and Hong Kong.
- Assets Under Management: Over $6.5 billion
- Employee Count: 100+
- Focus Sectors for Investment:
- Technology
- Healthcare
- Climate Technology
- Scope: Primarily invests in early-stage and growth-stage companies with a focus on the U.S. and Asia.
Recent Developments
- Opportunities Fund II: Closed a new fund at $750 million on March 19, 2024, aimed at later-stage startups in technology, healthcare, and climate tech sectors.
Background Information
Early Life and Education
- Birth: March 19, 1982, São Paulo, Brazil
- Family: Raised in a Jewish-Brazilian family with business interests in various sectors
- Education:
- Attended Gulliver Preparatory School in Miami, Florida
- Graduated magna cum laude from Harvard University with a BA in Economics in 2006
- Was a resident of Eliot House, a member of the Phoenix S.K. Club, and president of the Harvard Investment Association during his time at Harvard
- Used his expertise in meteorology to predict hurricane patterns and earned $300,000 in oil futures
Career Milestones
- Facebook:
- Co-Founded Facebook with Mark Zuckerberg in 2004
- Initially invested $1,000, later investing an additional $18,000
- Held the roles of CFO and business manager
- Settled a lawsuit in 2009 regarding his stake in Facebook, which confirmed his status as a co-founder
- B Capital:
- Co-Founded in 2015 with a vision to invest in technological innovation
- Initially closed deals of over $140 million in Asia, including a significant investment in Ninja Van
- Other Ventures:
- Involved as an early-stage investor in startups such as Qwiki and Jumio
- Co-Founded Aporta, an online charity portal in 2010
Personal Life
- Citizenship:
- Renounced U.S. citizenship in 2011, currently holds Brazilian citizenship
- Resides in Singapore since 2009
- Family:
- Married Elaine Andriejanssen, an Indonesian-Chinese national, in 2015
- Acquired two chalets in Courchevel, France for $95 million in 2023
Notable Achievements
- Net Worth: Estimated at $26.3 billion as of early August 2024, making him the 69th richest person in the world and the richest Brazilian
- Media Representation: Portrayed by Andrew Garfield in the film "The Social Network"
In sum, Eduardo Saverin's career is a testament to his strategic vision and investment acumen in multiple sectors. His leadership at B Capital and his foundational role in Facebook underscore his significant influence and contributions to the global tech and investment landscapes.
