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Home » Is Eduardo Saverin Still Owner Of Facebook? The Truth Behind The Rumors

Is Eduardo Saverin Still Owner Of Facebook? The Truth Behind The Rumors

Is Eduardo Saverin still owner of Facebook?

Eduardo Saverin is still a shareholder in Meta Platforms, the company formerly known as Facebook. While he is no longer actively involved in the company’s day-to-day operations, he retains a significant stake, estimated to be around two percent. This means he still benefits financially from the company’s continued success, and his investment continues to appreciate in value.

Saverin’s story is a fascinating one. He was one of the original co-founders of Facebook, playing a key role in its early development. However, his relationship with the company became strained over time, leading to a legal dispute. This dispute was ultimately settled in 2012, with Saverin agreeing to relinquish his claim to a larger stake in the company in exchange for a substantial financial payout and a continued ownership percentage.

Despite the legal battle, Saverin’s role in the company’s founding and early success is undeniable. He was instrumental in securing the initial funding that helped Facebook grow, and his expertise in finance was invaluable in shaping the company’s early strategy. While he may no longer be involved in the day-to-day operations, his legacy as a co-founder and a major shareholder remains, demonstrating the lasting impact he has had on the company.

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Categories: Eduardo Saverin Net Worth: From Facebook Co-Founder To Billionaire

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