Eduardo Saverin Isn't Among Facebook's Biggest Shareholders

Eduardo Saverin

Early Facebook employee Eduardo Saverin appears to have sold at least a chunk of his shares of the company, according to the company’s S-1 filing with the Securities and Exchange Commission.

He isn’t listed as significant stakeholders (meaning he own more than 5 per cent of the company), even though they were at Facebook during its earliest days.

At last report, Saverin owned 5 per cent of Facebook. So he either sold a part of his shares or they were diluted during an additional fundraising round.

Even if Saverin sold a very small part of his stake, he’s already fabulously wealthy. Even 0.1 per cent of Facebook (at the top-end valuation) is worth about $100 million.

SEE ALSO: Facebook is about to make these people millionaires and billionaires

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