14
May

Eduardo Saverin gives up his US Citizenship, save taxes (US$600million) before the IPO

Eduardo Saverin gives up his US Citizenship, save taxes (US$600million) before the IPO

Eduardo Saverin, the Billion Facebook Co-Founder, has already given up the US Citizenship to save taxes, US$600 Million once the Facebook IPO comes out. Thought Saverin gave up his Citizenship in August of 2011, but this was definitely with the IPO in mind, The Facebook c0-founder, currently enjoys a more tax-friendly residency status of Singapore, where the maximum personal income […]