No menu items!

Eduardo Saverin overtakes Jorge Lemann to become the world’s richest Brazilian

RIO DE JANEIRO, BRAZIL -  Eduardo Saverin, a co-founder of Facebook, reached the position of wealthiest Brazilian billionaire, surpassing Jorge Paulo Lemann, on Monday (5). According to Forbes magazine's ranking, Saverin, 39, has a fortune of US$19.5 billion, against Lemann's US$19.2 billion.

The Facebook co-founder's fortune comes, in large part, from his shareholding in big tech. Saverin founded the social network in 2004 with Harvard University classmates, including Mark Zuckerberg - now CEO of the company that encompasses Instagram and WhatsApp.

In 2016 he launched the investment fund B Capital alongside Raj Ganguly . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content