Unraveling the Journey of the Brazilian Billionaire Entrepreneur and Angel Investor in Singapore
Eduardo Lui Saverin, born on 1982, stands as a Brazilian entrepreneur, angel investor, and a key figure of Facebook. From co-founding the social media to philanthropic endeavors and capital investments, his career has been marked by successes and legal battles.
Early Life and Education:
Born in São Paulo to a wealthy Jewish-Brazilian family, Saverin’s journey started with a strong family background in business. His father, Roberto Saverin, was involved in various industries, including clothing, shipping, energy, and real estate. The family later moved to Rio de Janeiro before immigrating to the US in 1993, settling in Miami, Florida. Saverin attended Gulliver Preparatory School went on to become a prominent figure at Harvard University.
Co-founding Facebook and Legal Battles:
During his time at Harvard, Saverin crossed paths with Mark Zuckerberg, leading to the co-founding of Facebook in 2004. The journey, however, was not without its share of challenges. Legal disputes arose, culminating in a lawsuit between Zuckerberg and Saverin in 2009. The suits were settled out of court, affirming Saverin’s co-founder status while the terms remained undisclosed.
Philanthropy and Entrepreneurial Ventures:
Post the Facebook era, Saverin ventured into philanthropy by co-founding Aporta in 2010, an online portal for charitable activities. In 2015, he extended his influence in the business world by establishing B Capital. The firm closed initial deals totaling over $140 million in Asia, marking a significant foray into the world.
Continued Investments and Entrepreneurial Spirit:
Saverin’s entrepreneurial spirit didn’t stop with B Capital. In 2016, his fund initiated deals exceeding $140 million, including investments in companies like Ninja Van, a Singaporean logistics firm. Additionally, Saverin diversified his investments by backing Antler, an early-stage VC fund and startup accelerator, in early 2020.
Eduardo Saverin’s trajectory encompasses the Facebook narrative. From legal battles to philanthropy and venture capitalism, his journey illustrates the resilience and versatility.